PC4:5 - Practice finance, business planning, funding and taxation

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* 1. Which of the following is not an characteristic of good practice finance?

The Correct Fee

Managing Cash Flow

Having a Good Accountant

Brand Value

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* 2. What percentage of businesses fail because of poor cash flow?

82%

72%

62%

52%

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* 3. Which of the following would you not expect to be revealed on a Profit and Loss Account?

Total Income and Expenses

Breakdown of Revenues

Current Liabilities

Net Profits

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* 4. Which of the following is not an example of a Key Performance Indicator (KPI)?

Turnover by Sector

Profit by Sector

Profit by Director

Total Cash Outflows

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* 5. Which of the following is not a type of Resource Forecasting?

Annual Leave Calendar

People Allocation Forecast

People Resource Forecast

Project Resource Allocation