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Acounting & Finance

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

Q196: Tax evasion is:

Income Statement
Balance Sheet
Cash Flow Statement
Trial Balance
Notes to Accounts

Q197: Which audit opinion is given when financial statements are fairly presented?

Historical Cost Concept
Going Concern
Accrual Concept
Matching Principle
Materiality

Q198: Which of the following is tax deductible for a business?

Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio

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