Finance Vocabulary

Finance Vocabulary

Professional Development

9 Qs

quiz-placeholder

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Finance Vocabulary

Finance Vocabulary

Assessment

Quiz

English

Professional Development

Practice Problem

Hard

Created by

Eleazar Ortiz

Used 1+ times

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9 questions

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1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The _______ manager needs to record all financial transactions in the system.

Answer explanation

The correct choice is 'finance' because a finance manager is responsible for overseeing and recording all financial transactions within an organization.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It’s important to ______ the financial reports carefully to understand the company’s performance

Answer explanation

The correct choice is 'analyze' because it means to examine the financial reports in detail, which is essential for understanding the company's performance.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The accountant works hard to _____ the company follows all tax compliance rules.

Answer explanation

The correct choice is 'ensure' because it means to make certain that the company follows all tax compliance rules, which aligns with the accountant's responsibility.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

At the end of each month, the finance manager must _____ the financial health of the company to the board

Answer explanation

The correct choice is 'report' because it accurately describes the action of presenting financial information to the board, which is essential for assessing the company's financial health.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

As a finance manager, you need to _____ the budget and control costs effectively.

Answer explanation

The correct choice is 'manage' because as a finance manager, your role involves overseeing the budget and ensuring that costs are controlled effectively.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The accountant must organize all the _____ documents before the audit

Answer explanation

The correct choice is 'financial' because it directly relates to the documents an accountant organizes for an audit, which typically include financial records and statements.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The financial _____ predicts how much money the company will make next year.

Answer explanation

The correct choice is 'forecast' as it refers to a prediction of future financial performance, specifically how much money the company is expected to make next year.

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