Management & Analysis – Practice Exam – Canadian

What does it mean for a business if they reach the breakeven point? (Select all that apply.)

What is the calculation of days required to convert a company’s trade receivables and inventory into cash?

Why is debt financing different than equity capital?

Your new client is always struggling to maintain a healthy bank balance, how can you help? (Select all that apply.)

Your client owns a complex company; you do not have to create a budget for him.

Which budget is NOT a component of the cost of goods sold budget?

What is NOT an advantage of a zero-based budget?

What of the following is a business cycle? (Select all that apply.)

What is a question your client will probably have during a contraction period? (Select all that apply.)

What are types of financial risk management? (Select all that apply.)