As a functional area of business, _____ measures, summarizes, and communicates financial and managerial information and advises other managers on financial matters.
A) finance
B) operations
C) accounting
D) marketing

Question

Quizplus · Accepted Answer

Accounting is the functional area of business that is responsible for measuring, summarizing, and communicating financial information. It also provides advice to managers on financial matters. Finance is focused on managing money and investments, while operations is focused on managing the production and delivery of goods and services. Marketing involves promoting and selling products or services to consumers.

As a Functional Area of Business, _____ Measures, Summarizes, and Communicates