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Acounting & Finance
Accounting is the practice of recording, summarizing, and reporting financial transactions to provide information for decision-making, while finance is the management of money, including investing, budgeting, and forecasting.
Quiz Questions
Q160: Which costing method assigns costs to activities?
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
Q161: Tax evasion is:
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
Q162: Which ratio measures a company's ability to meet short-term obligations?
Money today is worth more than in the future
Money loses value
Money increases over time
Money never changes
Money is unlimited
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