What is the difference between accounting and finance?

What will be an ideal response?


Answers will vary, but the main point is backward- versus forward-looking activity; additional descriptors are listed below to help assess various answers:
Accounting - backward-looking activity; looking at actual transactions after they have already taken place; constitutes the assessment portion of the financing cycles; documents prepared as part of that activity are frequently reported outside the business

Budgeting - forward-looking activity; deciding what is expected to take place in the future based on the organization's strategy and goals; constitutes the planning portion of the financing cycle; documents prepared as part of that activity are for internal management use only and are not made public

Health Professions

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Which of the following is a characteristic of the rural setting?

A) People living in rural areas are less likely to have chronic health conditions. B) People living in rural areas have a much lower risk of serious injuries. C) There are fewer doctors per capita than in urban settings. D) All of the above are characteristics.

Health Professions

Mononucleosis presents with all the following signs and symptoms EXCEPT:

A) enlarged and tender lymph nodes. B) fatigue. C) hepatomegaly. D) sore throat.

Health Professions

The pancreatic enzymes that digest nucleic acids are ________. 

Fill in the blank(s) with the appropriate word(s).

Health Professions

Seroquel is an example of an MAOI

Indicate whether the statement is true or false

Health Professions