Which of the Following Is Not a Business Management Support

question 47

Short Answer

Which of the following is not a Business Management Support role of the Accounting/Finance Function in Business?
A. Management information
B. Planning, budgeting and forecasting
C. Financial consolidation, reporting and analysis
D. Investment appraisal

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Definitions:

Federal Reserve Bank

The central banking system of the United States, responsible for determining national monetary policy and regulating financial institutions.

Depository Bank

A financial institution where securities and assets are stored and managed on behalf of their clients.

Holder in Due Course

A person or entity that has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be used against the original payee.

Stop-Payment Order

An order by a drawer that instructs the drawee bank not to pay an issued check.