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Financial Acumen Training Quiz 1

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10 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Accounting vs Finance: Accounting function is a forward looking activity.

    Always true

    Always false

    Sometimes true

  • 2. Multiple Choice
    30 seconds
    1 pt

    Accounting vs Finance: Which of the following activities is considered as a Finance activity?

    Auditing

    Financial reporting

    Bookkeeping

    Budgeting and forecasting

  • 3. Multiple Choice
    30 seconds
    1 pt

    Financial Statements: Which of the following is not included in the basic financial statements?

    Income Statement

    Cash Flows

    Trial Balance

    Changes in Equity

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