
Financial Planning Quiz
Authored by CRISTELLE LANDICHO
Mathematics
University
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What perspective of financial planning that covers the coming 2 to 5 years.
Short-run Planning
Long-run Planning
Short term planning
Long-term planning
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
CVP analysis focuses on how profits are affected by all of the following except:
Selling Price
Sales Volume
Unit Variable Costs
Operating Income
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It represents the use of fixed cost items to magnify the firm’s results.
Leverage
Beverage
Iceage
Shortage
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It establishes guidelines for change and growth in a firm, which are concerned with the major elements of a firm's financial and investment policies.
Financial Management
Financial Planning
Financial Statement
Financial Leverage
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
This is the percentage of contribution margin to total sales. Its purpose is very useful as it shows how the contribution margin will be affected by a given peso change in total sales.
Contribution Margin
Contribution Rate
Contribution Margin per unit
Contribution Margin Ratio
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
I. Financial managers need to know the costs that are likely to be incurred under normal operating conditions and how they might vary if conditions change.
II. They need to understand which costs would differ and which costs would follow the movement of inventory and so on.
Statement I is true, statement II is false
Statement I is false, statement II is true
Both statements are true
Both statements are false
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How does financial leverage impact a firm's operations?
It changes the method of production.
It determines how the operations are financed.
It affects the marketing strategy.
It influences employee performance.
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