Management Has __________ Main Functions

question 41

Multiple Choice

Management has __________ main functions.

• A) 3
• B) 4
• C) 5
• D) 6

---

Definitions:

Liquidation Transactions

Financial activities involved in dissolving a business, including selling off assets to pay creditors and distributing remaining funds to shareholders.

Profit and Loss Ratio

A financial metric that compares the profit earned and losses incurred by a business over a specific period, usually used to ascertain operational efficiency.

Safe Payments

Transactions processed securely, minimizing the risk of fraud or theft of payment information.

Journal Entry

A record of a business transaction in the accounting books of a company, detailing the financial impact.