1. Ted projected that his business revenue for the next
quarter should be around $9,000. This is an example
of what kind of financial planning?
What is Operation
100
Paul projected that his business expenses for the
next twelve months should be around $30,000. This is
an example of what kind of financial planning?
What is Operation
100
Kate projected that her business revenue for the
next quarter should be around $7,000. This is an
example of what kind of financial planning?
What is Operation
100
Ford Motor Company determined it can afford to
start selling vehicles that imitate a family room on
wheels. This is an example of what kind of financial
planning?
What is Expansion
100
Tonya projected that her business expenses for the
next six months should be around $2,500. This is an
example of what kind of financial planning?
What is Operation
200
Amana Appliance Company determined its
affordability to start selling self-cleaning stoves. This
is an example of what kind of financial planning?
What is Expansion
200
Carl estimated that his business could invest an
additional $40,000. Which type of budget was used?
What is Cash
200
Mary reviewed her company's budget for one year
and determined that it is continuously spending more
on utilities. Which type of budget was used?
What is Operating
200
Alicia should use which type of budget to analyze the
business performance of her floral company?
What is Operating
200
Jill can find the value of assets and liabilities for her
business at the end of the year on which type of
financial statement?
What is Balance sheet
300
Todd gave Intrek Computer Services a personal
check for which his bank guaranteed payment. This
is an example of which type of payment service?
What is Certified check
300
Which is the FIRST step in the check writing
process?
What is Writing the appropriate information in the check
register
300
Tonya compared revenue of $30,000 to expenses of
$22,000 to determine whether her business
experienced a net income or loss. Which type of
financial statement was used?
What is Income statement
300
Jack reviewed his company's budget for six months
and determined that it is spending more on credit
card purchases. Which type of budget was used?
What is Operating
300
Paul reviewed his company's budget for six months
and determined that it is spending less on utilities.
Which type of budget was used?
What is Operating
400
Harry's Grocery Store revenue for last year was
$98,000 and it paid $103,000 for expenses. Which is
the net income/net loss amount for the store?
What is $5,000 net loss
400
Last year's revenue for Zoe's Company was $95,000
and it paid $83,000 for expenses. Which is the net
income/net loss amount for the business?
What is $12,000 net income
400
Direct Finance Company's primary function is to use
its own money instead of customers' savings to
provide loans to other businesses. This is an
example of which type of financial institution?
What is Non-depository
400
Last month's revenue for Tisha's Tire Company was
$700 and it paid $650 for expenses. Which is the net
income/net loss amount for the business?
What is $50 net income
400
Jennifer prefers a financial institution that will meet
her business needs such as access to checking
options, credit cards, and loans. Which characteristic
(s) of financial institutions does she prefer?
What is Services
500
Which financial ratio will John use if he wants to
determine whether his business could pay its debts
due this month?
What is Current
500
An investor prefers a financial institution that offers
safe deposit boxes, trusts, and loans. Which
characteristic(s) of financial institutions the
investor prefers?
What is Services
500
Southern Life Insurance Company makes money on
selling specific services such as policies instead of
retaining their customers money. This is an example
of which type of financial institution?
What is Non-depository
500
An investor prefers a financial institution that offers
access to local branches and ATM machines near
her home and job. Which characteristic(s) of
financial institutions the investor prefers?
What is Convenience
500
Sarah purchased school supplies with a store gift
card of $300. This is an example of which type of
payment service?