.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
Q259: What is the main objective of an audit?
Equity Shares
Trade Credit
Accrued Expenses
Salaries Payable
Cash
Q260: Overhead costs are usually allocated based on:
Income Statement
Balance Sheet
Cash Flow Statement
Trial Balance
Notes to Accounts
Q261: Tax evasion is:
Cash
Accounts Receivable
Inventory
Equipment
Prepaid Rent
