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WorksheetsA211 VAC3043_Financial & Budgeting
Total questions: 10
Worksheet time: 6mins
Which are the common factors that affect farm budgeting
Disease Outbreak
Normal Weather
Policies & Plans
Market Conditions
There are combination of several budgeting to form overall farm budgeting namely
Sales & Marketing
Charity
Capital
Raw Material
All statements are true regarding Partial Budgeting except...
Perform when replacing area of business
When to increase or decrease of farm income
Re-planning of overall use of farm resources
If there any substitution material and changing level of use
List three main farm resources.
(a)
The preparation usually from 2 to 10 years. It provide controlling decision for management team. While preparing, market trends, consumption pattern and national income is took into account. The description is discuss about
Partially Short-Run Budget
Overall Long-Run Budget
Overall Short-Run Budget
Partially Long-Run Budget
In order to measure project feasibility and viability, NPV, IRR, Payback Period and Acid Test Ratio are used.
Yes
No
If the IRR and NPV are equal to the cost of capital, its indicate there are fruitful return on investment.
Yes
No
There are few important elements of financial statements except
Assets
Liabilities
Revenue & Expenses
Income before taxes
Based on Ratios Analysis, which analysis provide measure of overall performance and effectiveness of a firm?
Activity Ratio
Profitability Ratio
Liquidity Ratio
Leverage Ratio
There are main statements use to analyze financial position and performance of a firm except
Bank Statement
Income Statement
Balance Sheet
Cash Flow Statement
