FISCAL ADMIN AND PROBLEMS

1. It is a tool to track when and how you earn or spend money.

• A.Budget
• B. money
• C. Income
• D. Expenses

2. The amount remaining after you subtract revenue from expenses.

• A. Budget
• B. Money
• C. Income
• D. Expenses

3. What type of expenses that stays the same from month to month?

• A. Fixed Expenses
• B. Flexible Expenses
• C. Expenses
• D. Revenue

4. The statements below are benefits we can get through budgeting, EXCEPT.

• A. Maintain a record of finances.
• B. Track revenue, expenses and cash flow.
• C. Trim costs to avoid overspending.
• D. too much debts to pay.

5. What do you call the actual money received through business activities including selling product, etc.?

• A. Revenue
• B. Flexible Expenses
• C. Fixed Expenses
• D. Income

6. What should comes first before financial planning?

• A. Strategic Planning
• B. Budgeting
• C. Feasibility
• D. Mission/Goals

7. It is the development and implementation of coordinated plans for the achievement of the enterprises overall financial objectives.

• A. Strategic Planning
• B. Budgeting
• C. Financial Planning
• D. Feasibility

8. It deals with assessing the present value of cash inflows and cash outflows.

• A. Cash flow analysis
• B. Capital Structure
• C. Capital Expenditure
• D. Financial Planning

9. It is one of the components of Financial Planning that comprises rising different forms of capital.

• A. Cash flow analysis
• B. Capital Structure
• C. Capital Expenditure
• D. Financial Planning

10. This is a type of Financial Planning which are normally made for a one-year period.

• A. Short-Term
• B. MidTerm
• C. Medium-Term
• D. Long-Term