SQA Higher Business Management Management of Finance overview quiz quiz
15questions. Pick an answer and you'll see why right away.
Which source of finance lets a public limited company raise large, permanent capital that does not have to be repaid?
Which of these is a feature of retained profit as a source of finance?
A new factory is a large, long-term investment. Which is the most suitable type of finance?
In a cash budget, the closing balance is calculated as:
A cash budget shows a forecast cash shortage next month. Which action would help improve cash flow?
Why is it important to distinguish between cash and profit?
How is gross profit calculated?
What does the statement of financial position (balance sheet) show?
Which user of financial statements is most interested in whether the firm can repay a loan?
The current ratio measures:
How does the acid test (quick) ratio differ from the current ratio?
A firm has a steady gross profit percentage but a falling net profit percentage. This suggests:
Which of these is a limitation of ratio analysis?
Which is an advantage of using spreadsheets to manage finances?
Which of these is a disadvantage of using technology to manage finance?