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BTF - Functions of Finance

Authored by Trung Nguyen

Professional Development

University

Used 2+ times

BTF - Functions of Finance
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12 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Forecasting sales for upcoming weeks based on weather and demand.

Recording Financial Transactions
Financial Reporting
Management Accounting
Treasury Management

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Managing inventory of ingredients (cups, lemons, sugar, ice).

Recording Financial Transactions
Financial Reporting
Management Accounting
Treasury Management

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Analyzing the cost of ingredients to determine the selling price of lemonade.

Recording Financial Transactions
Financial Reporting
Management Accounting
Treasury Management

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Recording sales and expenses in a notebook.

Recording Financial Transactions
Financial Reporting
Management Accounting
Treasury Management

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Managing the lemonade stand's cash flow to ensure timely payments for ingredients.

Recording Financial Transactions
Financial Reporting
Management Accounting
Treasury Management

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Implementing cost control measures to maximize profits.

Recording Financial Transactions
Financial Reporting
Management Accounting
Treasury Management

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Preparing the lemonade stand's income statement to track earnings.

Recording Financial Transactions
Financial Reporting
Management Accounting
Treasury Management

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