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FNCE 4210 Modules 1,2 and 3 Review Flashcards | StudBud
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FNCE 4210 Modules 1,2 and 3 Review
FNCE 4210 Modules 1,2 and 3 Review
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Answers
1
Employee Turnover is not a significant business cost.
False
True
2
Which analysis looks at one line item over time?
None of the above
Vertical Analysis
Horzontal Analysis
Ratio Analysis
3
Corporate travel is more stable in a global crisis than liesure segments.
True
False
4
The intersection between a row and a column is called a _______.
Box
A1
Cell
Quadrant
5
Which is NOT a cyber-security threat?
All are cyber security threats.
Ransomware
Phishing
Malware
6
You can SORT in Excel by 'date created'.
True
False
7
In a single cell array formula __________.
The output is multiple cells.
The output is one cell.
The output is no cells
None of the above.
8
Vertical Analysis cans how you which products are contributing the most to revenue.
False
True
9
On a Balance Sheet, Liabilities + Equity = _______?
Total Assets
Long-term liabilities
Growing equity
Long-term assets
10
Analytics is widely used in business.
False
True
11
Which is a Financial Driver for our industry?
Rising middle class
Affordable air travel
Technological advancements
All of the above
12
Busy in the summer and slow in the winter.
Financial Drivers
Inflation
Seasonality
CAPEX
13
The symbol used to lock a cell reference is ___.
$
&
%
@
14
How many Worsheets can be saved in a Workbook?
99
255
unlimited
999
15
What does a formula always start with in Excel?
Formula Bar
=
SUM
+
16
Net Income is found on the Balance Sheet
False
True
17
Most of the buttons you use in Excel are on the Ribon.
False
True
18
The Cash Flow Statement shows cash flows from ____________.
Investments
All of the above
Financing Activities
Operations
19
A Master Budget can be made from the 3 main finacial statements.
True
False
20
Which is not a main Financial Statement?
The Cash Flow Statement
The Master Forecast
The Balance Sheet
The Income Statement
21
Experiential Travel values ____________.
New cultures
Travel experiences
All of the above
Self-discovery
22
Analytics use the IoT (Internet of Things)
True
False
23
Hospitality is a very compeittive industry.
False
True
24
What is an industry driver?
A hospitality chaffeur
It provides revenue streams.
All of the above
Changing tourist preferences
25
The Balance sheet must balance because it is looking at the 'same money' in different ways.
True
False
26
The primary focus of Financial Managment is to ______.
None of the above
Maximize wealth
Minimize debt
THis depends on the person.
27
Ratio analysis can __________.
All of the above
Show inefficiencies
Analyze specific areas of a business.
Faciliate comparisons
28
A management report shows ______________.
None of the above
Important information in report form.
Only major risks for the executives.
Important information visually.