Which Activity Is Not Part of the Finance Function

question 40

Multiple Choice

Which activity is not part of the finance function?

• A)cash receipts
• B)portfolio management
• C)credit
• D)general ledger

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Definitions:

Sales

The total revenue generated from the sale of goods or services by a company during a specific period.

Operating Assets

Assets used by a business in its day-to-day operations to generate income, including equipment, property, and inventory.

Operating Assets

Assets used by a business in its operational activities to generate revenue, excluding investments and non-operating assets.

Residual Income

The income that exceeds the minimum required return on investment or capital; often used in performance measurement and evaluation.