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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
Q166: The time value of money means:
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
Q167: What is the main objective of an audit?
Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio
Q168: Which of the following is not an audit evidence technique?
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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