All of the following are parts of the foundation of financial management EXCEPT ________.
A)describing the history of double entry bookkeeping
B)tracking past financial transactions
C)controlling current revenues and expenses
D)planning for future financial needs of the company

Question

Quizplus · Accepted Answer

Describing the history of double entry bookkeeping may be relevant to the history of financial management, but it is not a necessary part of the foundation of financial management. Tracking past transactions, controlling current revenues and expenses, and planning for future financial needs are all essential parts of financial management.

All of the Following Are Parts of the Foundation of Financial