eFM4 Financial Controllership Lesson 2

eFM4 Financial Controllership Lesson 2

University

19 Qs

quiz-placeholder

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eFM4 Financial Controllership Lesson 2

eFM4 Financial Controllership Lesson 2

Assessment

Quiz

Financial Education

University

Medium

Created by

Lloyd Salinas

Used 6+ times

FREE Resource

19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which function involves analyzing financial data to support management decisions?

Planning Function

Reporting Function

Controlling Function

Accounting Function

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which title typically denotes a higher level of financial responsibility including strategic planning beyond day-to-day accounting?

Financial Controller

Chief Financial Officer (CFO)

Treasurer

Accounting Manager

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main planning functions of a Financial Controller?

Managing payroll processing

Developing and managing the organization's budget

Preparing tax returns

Supervising the accounting team

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a reporting function of a Financial Controller?

  • Creating financial statements

Preparing management reports

  • Ensuring compliance with regulatory requirements

Monitoring cash flow

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which title emphasizes a focus on financial reporting and compliance?

  • Treasurer

Finance Manager

Financial Reporting Manager

Director of Finance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What title is often used when the financial role is more focused on managing the accounting team?

Treasurer

Financial Controller

Director of Finance

Accounting Manager

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What role does the Controller play in compliance and tax responsibilities?

Preparing and filing tax returns and regulatory documents on time

Setting strategic financial direction

Managing investor relations

Developing investment plans

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