____________ function could be said to perform two essential activities: the acquisition of funds and the recording, monitoring, and controlling of the organization's financial results.

Question

Quizplus · Accepted Answer

The finance/accounting function involves acquiring funds through various means (such as loans, investments, or equity) and recording, monitoring, and controlling the organization's financial results through financial statements, budgeting, and financial analysis. The other functions listed (marketing, distribution, and production/operations) do not involve these activities related to financial management.

____________ Function Could Be Said to Perform Two Essential Activities