Which is an element of income statement?
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Which is not a component of short-term assets?
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What is Working Capital Management?
A. Management of fixed assets
B. Human capital management
C. Management of the work environment
D. Management of current or short-term assets and short-term liabilities
Answer: D
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In a producing enterprise which one is not an inventory?
A. Raw materials
B. Work-in-progress
C. Current liabilities
D. Finished products
Answer: C
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What are Inventories?
A. Invented goods
B. The balance of goods on hand
C. Capital assets
D. Capital goods
Answer: B
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What's another name for Accounts Receivables?
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Why is Pricing important?
A. Pricing isn't as important
B. It determines other factors
C. It is the main source of revenue for the organisation
D. All other strategies are mor important
Answer: C
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Why is Cost Control important?
A. It has a tendency to affect allother factors.
B. It does not affect other factors in the organisation
C. It cannot be controlled
D. It is not important
Answer: A
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Profit planning is related to considering these factors,except
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Budget is
A. loss plan based
B. profit plan based
C. production plan based
D. marketing plan based
Answer: B
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