Finance Control in Product Development

What are the financial models we normally use in Ford?

• Balance sheet

• Income Statement

• TARR Model

• Statement of Expense

From Ford internal income statement view, where do we record the inbound freight costs of raw materials?

• Freight & Duty

• Material Cost

• Other Structual Cost

• TFLE

Income Statement reflects company's business income and expenses ____.

• Over a period of time

• at end of the each year

From Ford internal income statement view, which items below are the contribution costs?

• Material cost

• Warranty cost

• Part and accessories cost

• Freight and duty

Cash flow is under accrual basis.

• True

• False