The Functions of the Finance Department Include All of the Following

question 40

Multiple Choice

The functions of the finance department include all of the following activities except:

• A)paying employees and vendors.
• B)selling products to customers.
• C)receiving payments from customers.
• D)selling stock.
• E)paying dividends.

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Definitions:

Dollar Depreciate

A decline in the value of the US dollar relative to other currencies, leading to decreased purchasing power internationally.

Currency Devaluations

The reduction in value of a country's currency with respect to foreign currencies.

Suppliers

Businesses or individuals that provide goods or services to another entity, typically for resale or business use.

Exports

Goods or services sold by one country to customers in another country.