
FP2 - Final Exam Review Part 2
Authored by Christine Glasner
Business
12th Grade
Used 1+ times

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79 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Carmella plans to put the qualifications of key managers in her business plan. Which section should she include them in?
Appendices
Management Plan
Executive Summary
Company Description
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which agency oversees the entire auditing industry?
Securities and Exchange Commission (SEC)
Financial Accounting Standards Board (FASB)
Association of International Accountants (AIA)
Public Company Accounting Oversight Board (PCAOB)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which section of the business plan will Elena put a copy of her business blueprint?
Appendix
Table of Contents
Executive Summary
Company Description
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What agency was created by the Sarbanes-Oxley Act to audit large publicly traded firms?
Securities and Exchange Commission (SEC)
Financial Accounting Standards Board (FASB)
Association of International Accountants (AIA)
Public Company Accounting Oversight Board (PCAOB)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The "Management Discussion and Analysis" section of the annual report:
provides a ten-year summary of financial figures.
reviews the results of company operations.
explains what the company sells.
includes a letter to shareholders.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which document is least likely to be included in the financial plan component of a business plan?
credit history
balance sheet
income statement
cash flow statement
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which department maintains records of all business expenses?
accounting
communication
marketing
production
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