FINANCE ROLE SOF FI

FINANCE ROLE SOF FI

12th Grade

35 Qs

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FINANCE ROLE SOF FI

FINANCE ROLE SOF FI

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Medium

Created by

Steve Lobsey

Used 89+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability of a business to repay its short term debts as they are due is called

Liquidity

Solvency

Profitability

Cash flow

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability of a business to repay its long term debts as is called

Liquidity

Solvency

Profitability

Growth

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a business does not have enough current assets to pay its current liabilities, which goal are they not reaching?

Liquidity

Solvency

Profitability

Efficiency

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Efficiency is best explained by

how much output a business gets from its inputs

how fast a business can fulfil an order

how quickly the business grows

how well a business meets customer expectations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business has increased in efficiency if

it makes less output with the same inputs

it makes the same output with more inputs

it uses less inputs to make the same output

it uses more inputs to make the same output

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business has found a way to make its products with less waste. Which goal is it achieving?

Liquidity

Solvency

Efficiency

Profitability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A successful expansion would be an indication of

growth which improves short term liquidity

growth which improves short term profitability

growth which improves long term solvency

growth at the expense of long term profitability

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