Of All the Business Functions,_____ Is the Only Function Whose

question 5

Multiple Choice

Of all the business functions,_____ is the only function whose primary role is to bring in revenue.

• A) finance
• B) operations management
• C) human resource management
• D) marketing
• E) accounting

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Definitions:

Checking Accounts

Bank accounts that allow the owner to make deposits, write checks, and withdraw funds with ease, typically used for daily transactions.

Liquid Investment Assets

Assets that can be quickly converted into cash with minimal impact on their price, such as stocks and bonds.

Internal Controls

Processes and procedures implemented to assure integrity and accuracy of financial and operational information, prevent fraud, and protect the assets of the organization.

Certification

The process of officially recognizing someone or something as having met certain standards through the issuance of a document or label.