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Question: Which of the following is/are important activities of an organisation’s Accounts Department?

Options:

  1. Keeping control on cash
  2. Investments of funds
  3. Processing bills
  4. Reconciling bank statements
  5. All of the above

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5. All of the above

Keeping control on cash, investments of funds, processing bills, reconciling bank statements and others are important activities of an organisation’s Accounts Department.


More info:

In any organisation, the Accounts Department is held the responsibilities like:

  1. Keeping control on cash
  2. Investments of funds
  3. Processing bills
  4. Reconciling bank statements
  5. Others

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