Which Data Types Are Typically Found in the Finance Department

question 243

Multiple Choice

Which data types are typically found in the finance department?

• A)promotion data, sales data, advertising data
• B)employee data, promotion data, vacation data
• C)investment data, monetary data, reporting data
• D)transactional data, purchasing data, payroll data, tax data

---

Definitions:

Sales

The total revenue earned from goods sold or services provided over a certain period of time.

Exchange Rates

The rate at which one currency can be exchanged for another, influencing international trade and economics.

Foreign Subsidiary

A company owned or controlled by another company (parent) located in a different country, conducting business operations in the subsidiary's local market.

Functional Currency

This represents the primary currency of the economic environment in which a business operates, determining the currency in which its financial statements are presented.