Financial Planning I-Obj. 1.00

Which is a way that businesses can use financial information?

• to identify trends

• to conduct focus groups

• to select selling strategies

• to create an economic system

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

• Globalization of the securities markets makes investing more complicated.

• The U.S. population is worse off financially than before.

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

• flexible

• relevant

• timely

• transparent

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?

• get enough sleep

• be realistic in accepting responsibility for work

• focus on goals, not on tasks

Which is an example of a non-deposit financial institution?

• credit union

• mortgage bank

• commercial bank

• mutual savings bank

To keep communication flowing with other departments, the finance function depends on:

• marketing

• production

• accounts receivable

• information systems

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

• increase company profits

• make the right decisions

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

• reduce risks

• advertise products

• give out information

• manufacture raw materials

When return on capital is positive, the company is most likely:

• losing value

• low on cash

• growing in value

• paying out dividends

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

• activities

• appointments

• assignments

• flexibility