
BTF 7
Authored by 22CLC.1_LT2 +Nguyen Thi Kim Dung
English
9th - 12th Grade
Used 6+ times

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32 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which three of the following are characteristics of management accounting information rather than financial reporting information?
It is both forward looking and historical
It is likely to include a cash flow forecast
It is likely to include budgetary information
It is governed by statute
It is primarily used by shareholders
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Historically, the role of the finance function at Delbin plc has been viewed primarily in terms of reporting and control. However, the senior management team at Delbin plc are keen on for the finance function to have more role as a business partner. In which of the following should members of the finance function expect to become increasingly involved as a result of the business partnering role?
1-formulating strategies;
2- commercial decision making and negotiations;
3-provision of accurate accounting information.
(1) and (2) only
2 and 3
1 and 3
NOne
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Management of working capital is the function of which section
Financial reporting
Treasury management
Management accounting
Recording financial transactions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Regarding the finance function, preparing internal reporting for planning and control to those charged with management and governance is the main task of:
Management accounting
Recording financial transactions
Financial reporting
Treasury management
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tom works in the finance function of Bateman Ltd., which trades with many companies around the world. His duties involve managing the company’s foreign exchange requirements. From this it can be seen that Tom is employed by Bateman Ltd in its finance function’s:
Financial reporting section
Management accounting section
Treasury management section
Financial transaction recording section
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tram plc’s finance function must provide information to management on the company’s balanced scorecard. This role is undertaken as part of Tram plc’s:
Financial reporting function
Treasury management process
Statutory audit requirement
Performance measurement system
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Regarding types of performance measures, the quantity of product produced in relation to the resources put in is included in:
Profitability measures
Productivity measures
Liquidity measures
Solvency measures
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