Hyo runs an ice cream store with her family. As the weather turns colder, they need to look at their projections for the colder months and what the cash flow will look like. This is an example of a(n):
A)Accounting Business Process
B)Finance Business Process
C)Marketing Business Process
D)Production Business Process
E)Management Information Systems Business Process

Question

Quizplus · Accepted Answer

Looking at projections and cash flow is a key aspect of finance, which involves managing the monetary resources of a business. Accounting involves recording and analyzing financial transactions, marketing involves promoting and selling products, production involves creating goods or services, and management information systems involve using technology to manage data and information within a business.

Hyo Runs an Ice Cream Store with Her Family