Which of the following is NOT one of the five basic functions of an
accounting department?
A. Sales
B. Accounts receivable
C. Financial controls
D. Financial reporting

Respuesta :

Sales is NOT one of the five basic functions of an  accounting department

What is accounting department?

The accounting department is responsible for recording and reporting the cash flows, both in and out, of a company.  It is part of the corporate overhead group of an organization.

An accounting department provides accounting services and manages the finances of a company.

There are five basic roles or functions within the accounting department:

  • Accounts receivable
  • Accounts payable
  • Payroll
  • Financial controls
  • Financial reporting

Therefore, sales is not one of the basic functions of an accounting department.

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