GEE Module 6

The balance sheet shows the financial performance of the company for a given period of time.

• True

• False

The _______________ is concerned to financial statements of businesses due to levying of taxes.

• government

• public

• lawyers

• creditors

The bottomline of the income statement is the operating profit or earnings after taxes.

• True

• False

1. All of the following are concerned to financial statements except:

• Government

• Employees

• Competitors

• Creditors

The statement of financial performance includes the income earned and expenses incurred in a certain period of time.

• True

• False

The Internal Rate of Return (IRR) is a capital budgeting method that determines the minimum length of time it would take to recover the initial investment in an asset.

• True

• False

The Net Present Value (NPV) cannot be used by the company for comparing the different sizes projects.

• True

• False

The Break-Even analysis helps the management in determining the number of units to be sold in order to break-even.

• True

• False

Simple linear regression is a technique in which a linear equation states the relationship among three variables. Where in the equation is Y = a + bx

• True

• False

Cash flow budget is a statement of estimated cash receipts and expenditures over a specified period of time

• True

• False