WorksheetsThe Moneyverse
Total questions: 7
Worksheet time: 4mins
Which is the top reason why the startups fail?
No market need
Pricing and Costs Issues
Running out of liquidity
Other issues
And speaking of startups, which are the functions of a Finance department in a startup? (Mark all that apply)
Cash Management - Tracking liquidity
Forecasting and budgeting
Analysis and reporting
Compliance - Risk, legal...
Which is NOT a COGS / variable cost? (Mark all that apply)
Server costs used for hosting the Cartier project
Server costs for developing our platform
Software subscription or licence to be used in 3 projects specifically
Hardware used by a freelancer for a single project
Which is an example of a fixed cost? (Mark all applicable)
The salary of a freelancer working for a specific project
The suscription of ClickUp
Hardware that is going to be used for all Journee projects
This offsite event
Which of the following could be a budget officer tasks?
The person in charge for following up weekly expenses
The person who will approve the expenses for a certain bucket such as a certain department or type of expense
The point of contact of the finance team for budgeting purposes
The person who will track the expenses carried out in the whole year
Why is finance team pushing so much with the invoices? (Mark all applicable)
Pleo requires us to do so
It is Rafa's job, but he is lazy and he does not want to do it
It helps the finance department in case of an audit assessment
To avoid fraudulent or misleading transactions
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