Which Activities Do Accounting and Finance Components Perform

question 157

Multiple Choice

Which activities do accounting and finance components perform?

• A)Track employee information including payroll, benefits, compensation, performance assessment, and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities.
• B)Handle the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control.
• C)Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management.
• D)None of the above.

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Definitions:

Depression

A mental health disorder characterized by persistent sadness, lack of interest in activities, and can cause a variety of emotional and physical problems.

Chronic

Describing a condition or illness persisting for a long time or constantly recurring, often requiring long-term management.

Severe

Describes a condition, situation, or degree of something that is very bad, intense, or difficult to cope with.

Competitive Advantages

Benefits or attributes that allow an organization to outperform its competitors, such as superior quality, lower costs, or unique technology.