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WorksheetsFinancial Planning
Total questions: 10
Worksheet time: 6mins
It is the practice of sharing financial information with employees. What is it?
Financial Transparency
Financial Accountability
Financial Planning
Financial Growth
At its full potential, it prompts a transformative shift in culture, equipping employees with the knowledge and tools to participate in company financials and productivity metrics. What does the statement refers to?
Financial Transparency
Financial Planning
Financial Accountability
Financial Controls
Financial accountability results from holding an individual accountable for effectively performing a financial activity, such as a key control procedure within a financial transaction process.
True
False
All the following statements are true about Financial Planning except:
Financial Planning provides appropriate balance between the incoming and outgoing funds.
Financial planning decreases the uncertainty regarding to market changes which the organization may face with.
Financial planning decreases the uncertainty which could affect the organization’s growth.
Financial planning provides appropriate balance between the incoming and increases outgoing funds.
It refers to the responsibility for the way money or the budget is used and managed. What is it?
Financial Planning
Financial Controls
Financial Accountability
Financial Needs
Which of the following images exhibits financial planning?
This image is an example of financial planning and control process. Which of the following statements give a good insight about the image?
Financial planning is a cyclical process.
Clients and Stakeholders are important in making decisions about financial planning.
Investments are crucial in a good financial plan.
All of the above
_________ ________ refer to the development of policies and procedures by an organization to manage its financial resources and operate efficiently
(a)
_________ ________ is essential for cash flow management, budgeting, and the prevention of any fraud or theft.
(a)
It also means predicting, directing, synchronizing and premeditated distribution of the elements of organization’s finance function.
Financial Planning
Financial Supervisory
Financial Controls
Financial Accountability
