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what is the difference between accounts and finance.
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Answer Posted / sanjeev tarnalle
Accounting
Accounting is a process of recording day to day
transactions.
Finance
Finance is generating of funds and utilize the funds for
business broad prospective.
Accounting
Measuring, preparation, analyzing, and interpretation of
financial statements. To collect and present financial
information.
Finance
Decision making regarding working capital issues such as
level of inventory, cash holding, credit levels, financial
strategy, managing and controlling cash flow.
Accounting
To see how the company is performing, to monitor day to day
accounting operations, and for taxing.
Finance
To forecast the future performance of the business.
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