
Fincon chap 7
Quiz
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Others
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KG
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Practice Problem
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Hard
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62 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
They are used by financial analyst and investor as an aid in making budgets and
reports, develop financial forecast and financial planning and Analysis.
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Answer explanation
Software
2.
OPEN ENDED QUESTION
3 mins • 1 pt
can be used in tracking spending and make budgeting more effectively and even used in decision making.
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OFF
Answer explanation
Software used in the finance Industry
3.
OPEN ENDED QUESTION
3 mins • 1 pt
these days is multifaceted, so it's important to look at each solution and see where its
strengths lie.
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OFF
Answer explanation
Finance software
4.
OPEN ENDED QUESTION
3 mins • 1 pt
Finance Software can be:
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Answer explanation
• Budgeting applications
• Financial planning software
• Financial statement and report programs
• Accounting
• Payroll
• Tax management
• Payments and invoicing
• Expense tracking
• Inventory management
5.
OPEN ENDED QUESTION
3 mins • 1 pt
This type of software helps to track spending and create a budget that the company can stick to.
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OFF
Answer explanation
Budgeting Software:
6.
OPEN ENDED QUESTION
3 mins • 1 pt
This software can be use to set
financial goals and track progress over time.
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OFF
Answer explanation
Budgeting Software:
7.
OPEN ENDED QUESTION
3 mins • 1 pt
This type of software helps to plan for the
company’s financial future.
Evaluate responses using AI:
OFF
Answer explanation
Financial Planning Software:
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