If Sales in January is 6000 and in February it is 5000 and collections are based on 60% in the same month and 40% in the following month, how much Cash will be collected in February?
The trigger point to start the Budgeting Process is the:
What is the payback period where the original investment is $10,000 and Cash Inflows in Year 1 is $3,000, Year 2 is $4,000 and Year 3 is $12,000?
Which of the following factors would cause the break-even point to change?
The Factory Overhead Budget is based on:
The formula for Net Working Capital is Fixed Assets minus Current Liabilities.
A Capital Budgeting decision relates to:
Which is the correct equation for a Balance Sheet?
Is Contribution Margin same as Gross Profit?
Bottom up approach of Budgeting is also known as Participative approach.
With the top-down budgeting approach the budget:
Contribution is the difference between the Selling Price and Fixed costs.
Which of the following is not a task of Financial Planning?
Which of the following is not a part of the Cash Flow Statement?
Time Value of Money concept recognizes that the value of dollar today is worth more than an expectation of receiving a dollar in the future.
The Budgeting process is lead by a group of senior executives who are part of the:
Time Value of money considers all of the below except for:
Financial Plan is created only after the vision and objectives have been set.
For an asset to be categorized as Fixed Assets, the timeline to be considered is more than:
The Budget prepared after the Sales Budget is the:
One of the elements of Financial Planning is degree of Financial Leverage. This relates to:
The opposite of compounding is:
Break Even Point is where:
Which of the following is a non-discounted evaluation criteria for making Capital Budgeting decisions?