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Which of the following is not a function of the Finance and Accounts department? - Commercial Applications

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Question

Which of the following is not a function of the Finance and Accounts department?

Options

  • Financial Planning

  • Deprivation of Funds

  • Investment of Funds

  • Dividend Policy

MCQ
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Solution

Deprivation of Funds

Explanation:

The Finance and Accounts department is responsible for financial planning, managing and investing funds, and deciding on dividend policies. “Deprivation of Funds” is not a function of this department; it is not a standard financial activity and would be counterproductive to the organisation.

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Chapter 7: Functioning of a Commercial Organisation - EXERCISES [Page 88]

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C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 7 Functioning of a Commercial Organisation
EXERCISES | Q I. 4. | Page 88
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