Maintaining the organization's financial records is a central purpose of which main business function?
A) manufacturing and accounting
B) finance and accounting
C) sales and manufacturing
D) finance and sales

Question

Quizplus · Accepted Answer

Maintaining financial records falls under the accounting function, which is a component of the broader finance function. Option A is incorrect as manufacturing is only relevant in the context of producing physical goods, whereas finance and accounting are integral to any business regardless of industry. Option C is incorrect as sales and manufacturing are both operational functions, whereas accounting is a support function. Option D is incorrect as finance and sales are distinct functions with different objectives and responsibilities.

Maintaining the Organization's Financial Records Is a Central Purpose of Which