Examlex
Which of the following formulas is INCORRECT?
Finance
The management of large amounts of money, especially by governments or large companies.
Double-Entry Accounting
An accounting method that records each transaction twice, once as a debit in one account and once as a credit in another, to ensure the books are always balanced.
Managerial Accounting
A type of accounting focused on providing financial information to managers within organizations to aid in decision-making and business strategy planning.
Cost Accounting
A method of accounting that focuses on calculating, recording, and analyzing all costs incurred by a business in producing goods or services.
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