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Corporate Financial Management - NALP Manager exam questions and answers
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Corporate Financial Management - NALP Manager exam questions and answers
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Corporate Financial Management - NALPManager exam questions and answers
Cash iiAccounting ii- iiCorrect iiAnswers ii-A iisystem iiin iiwhich iirevenue iiand iiexpenses
iiare iicounted iias iithey iiare iiactually iireceived.
Accrual iiAccounting ii- iiCorrect iiAnswers ii-Accounting iithat iirecords iithe iiimpact iiof iia
iibusiness iievent iias iiit iioccurs, iiregardless iiof iiwhether iithe iitransaction iiaffected iicash.
Income iiStatement ii- iiCorrect iiAnswers ii-A iifinancial iistatement iishowing iithe iirevenue
iiand iiexpenses iifor iia iifiscal iiperiod.
Balance iiSheet ii- iiCorrect iiAnswers ii-A iifinancial iistatement iithat iireports iiassets,
iiliabilities, iiand iiowner's iiequity iion iia iispecific iidate.
Working iiCapital ii- iiCorrect iiAnswers ii-current iiassets ii- iicurrent iiliabilities
net iivalue ii- iiCorrect iiAnswers ii-the iiaccounting iivalue iiof iithe iicompany, iisum iiof
iishareholder iiloans, iishareholder iiequity, iiand iiretained iiearnings
Changes iiin iifinancial iiposition ii- iiCorrect iiAnswers ii-Information iiis iiprovided iiin iia
iistatement iiof iicash iiflows. iiShows iiwhere iicash iicame iifrom iiand iiwhere iiit iiwent
iibetween iitwo iidates. iiCan iionly iibe iidetermined iion iia iicash iibasis, iinot iiaccrual.
General iiLedger ii- iiCorrect iiAnswers ii-A iiledger iithat iicontains iiall iiasset, iiliability,
iistockholders' iiequity, iirevenue, iiand iiexpense iiaccounts.
Audited iiStatements ii- iiCorrect iiAnswers ii-prepared iiand iicertified iiby iiCPA
Reviewed iiStatements ii- iiCorrect iiAnswers ii-Reviewed iiby iiaccountant
Compiled iiStatements ii- iiCorrect iiAnswers ii-Prepared iiby iicompany
Liquidity ii- iiCorrect iiAnswers ii-the iiease iiwith iiwhich iian iiasset iican iibe iiconverted iiinto
iicash. iiAbility iito iipay iiback iicurrent iiperiod iiobligations.
Current iiRatio ii- iiCorrect iiAnswers ii-current iiassets/current iiliabilities ii(liquidity)
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