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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
Q190: Which statement shows the financial position of a company at a point in time?
Bond
Debenture
Equity Share
Loan
Preference Share
Q191: VAT is an example of:
To calculate tax
To show financial position
To measure employee performance
To prepare budgets
To manage HR
Q192: 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
