.png)
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
Q256: Which ratio measures a company's ability to meet short-term obligations?
Cash
Accounts Payable
Inventory
Prepaid Rent
Office Supplies
Q257: Which concept requires accountants to record assets at cost?
Current Ratio
Debt Ratio
ROE
EPS
P/E Ratio
Q258: What does ROI stand for in finance?
Money today is worth more than in the future
Money loses value
Money increases over time
Money never changes
Money is unlimited
