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3.5.1 Financial Objectives

Authored by James Hannaford

Social Studies

Professional Development

Used 1+ times

3.5.1 Financial Objectives
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are financial objectives?

Financial goals a business wants to achieve

The number of employees in a business

The location of a business

The type of products a business sells

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who usually sets the financial objectives in a business?

Financial managers

Marketing managers

Sales representatives

Human resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can financial objectives improve within a business?

Coordination between teams

The quality of products

The design of the office

The number of customers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are revenue objectives often set to increase?

The value or volume of sales

The number of employees

The amount of office space

The number of suppliers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of cost objectives?

To minimize costs

To increase employee salaries

To expand office space

To hire more staff

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might profit objectives target?

A higher figure for profit or a percentage increase from the previous year

The number of new products launched

The number of new employees hired

The amount of office space expanded

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does cash flow include?

All the money flowing into and out of the business

The number of employees in a business

The type of products a business sells

The location of a business

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