what is the diffrence between accounting and finance?

Answer Posted / b mahammad ghouse

Accounting is recording of day to day transactions taken place
in the organization.


Finance is the commercial activity of providing funds and
capital.

Is This Answer Correct ?    37 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why is it necessary to prepare Asset Disposal Account?

1465


What is purchase returns accounting

616


Financial Accounting

1815


Tell me what would you say are the most important qualities of an account manager?

570


Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)

1634






what is the diffrence between cash flow & cash fund?

1609


WHAT IS NPF IN ACCOUNTS. AN ENTRY IN BANK STATEMENT" NPF SOME NAME XXXX DR SIDE" PLEASE ANSWER WHAT IS NPF?

5890


Key difference between indian accounting standards and international accounting standards is.

635


Do you know offset accounting?

623


GOODS LOST BY FIRE 100 RS, INSURANCE MONY RECEIVED 120,40 PENDING FOR FINAL SETTLEMENT- Journal Entry

1781


under which accounting rule prepaid salary?

1768


Do you know what is liabilities and what all does include in current liabilities?

598


What is general entries for Deffered Tax?

2301


What is fair value accounting?

630


a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

1933