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LAP FI 354 S 4.01

Authored by Natalie Coronas

Business

12th Grade

Used 11+ times

LAP FI 354 S 4.01
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20 questions

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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

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 SELECT 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

easy to accomplish

in line with organizational priorities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the finance function relate to company spending?

It plans and controls spending

It spends on investments only

It produces reports about spending

It does not relate to spending

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