Accounting:

Question

Accounting:

Quizplus · Accepted Answer

Accounting is responsible for tracking the flow of money in and out of a business. This includes maintaining financial records, preparing financial statements, and ensuring compliance with financial regulations. While technology may be used to manage this information, it is not the primary focus of accounting. Creating the product or service is the responsibility of operations or production, and the product, price, promotion, and distribution to the customer are part of marketing.