6.02 Foundations of Finance

6.02 Foundations of Finance

9th - 12th Grade

22 Qs

quiz-placeholder

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6.02 Foundations of Finance

6.02 Foundations of Finance

Assessment

Quiz

Business

9th - 12th Grade

Hard

Created by

Fran Clark

Used 219+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Finance is the business function that involves managing
Information
Money
Marketing
Production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The goals of the finance function are to ensure profitability and to
Advertise products
Manufacture raw materials
Give out information
Reduce risks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounting is distinct from finance because its main focus is on
Recordkeeping activities
Money management decisions
Administration of assets
Acquisition of funds

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The administration of assets refers to decisions about
Accounting
Spending
Investments
Financing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Decisions about financing refer to the
Accounts receivable
Acquisition of funds
Administration of assets
Accounting department

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The finance function ensures that the company’s financial goals are
Acceptable to the marketing department
Related to product development
In line with organizational priorities
Easy to accomplish

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the finance function relate to company spending?
It plans and controls spending
It produces reports about spending
It spends on investments only
It does not relate to spending

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