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Which of these provides the best description of the difference between accounting and finance? Multiple choice question. Accounting and finance are interchangeable terms which have
Which of these provides the best description of the difference between accounting and finance?
Multiple choice question.
Accounting and finance are interchangeable terms which have the same meaning and application.
Accounting is centered on current and future activities while finance focuses on the analysis of past transactions.
Accounting records past activities of a firm while finance helps with decisions regarding the firm's future.
Finance is the recording of accounting transactions that have occurred or are expected to occur.
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