What is the difference between Finance and Accouts?

Answer Posted / ravi {mynd solution pvt ltd}

Accounts= Accounts is basically maintaing the books of
accounts and clearcal work.

Finance= Finance has the major exposer in camparision to
the accounts. in finance include the account fuction also,
formulation the company policy implement of the new policy
to maxmize the company wealth by using finance tools and
techniques

Is This Answer Correct ?    8 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

1647


Hi friends ineed finacial analyst interview question Pls share it

1527


What is EBITDA

1427


how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.

1509


1.how can carry forward the balance of ledgers to the next financial year in tally erp 9

1384






How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing

1777


What is the working formula for Inventory turnover

1534


In what cases can Convertible bonds be considerred as derivatives?

1766


You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

1839


DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?

1627


Short Answer on ______Amortization

1464


How shall I calculate the true profit of my business, as I am a layman for accounting.

1549


Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

1602


Short answer on Allowances

1497


In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected

1673