Financial Planning I Unit 1

Front

The goals of the finance function are to ensure profitability and to:

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reduce risks.

Tags

NCCTE.2020.BF21.01.03

Front

Which is a way that businesses can use financial information? Options: to identify trends, to conduct focus groups, to select selling strategies, to create an economic system

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to identify trends

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NCCTE.2020.BF21.01.02

Front

Beau is stressed out because he agreed to take on three new clients when his calendar is already full. Which time-management principle does he need to learn?

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be realistic in accepting responsibility for work

Tags

NCCTE.2020.BF21.01.01

Front

Which is the most likely reason for faster-than-average employment growth of financial analysts and personal financial advisors?

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Globalization of the securities markets makes investing more complicated.

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NCCTE.2020.BF21.01.05

Front

When Alana prepares a report so that all financial data is clearly disclosed, she is ensuring that the information is:

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transparent.

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NCCTE.2020.BF21.01.02

Front

To keep communication flowing with other departments, the finance function depends on: marketing, production, accounts receivable, information systems.

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information systems.

Tags

NCCTE.2020.BF21.01.03

Front

One of the roles of ethics in finance is to encourage business employees to:

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make the right decisions.

Tags

NCCTE.2020.BF21.01.03

Front

Which is an example of a non-deposit financial institution? Options: credit union, mortgage bank, commercial bank, mutual savings bank

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mortgage bank

Tags

NCCTE.2020.BF21.01.04

Front

When return on capital is positive, the company is most likely: losing value., low on cash., growing in value., paying out dividends.

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growing in value.

Tags

NCCTE.2020.BF21.01.03

Front

When scheduling daily activities, one should always keep in mind that plans may need to change, creating the need for:

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flexibility.

Tags

NCCTE.2020.BF21.01.01