Fmc - Study guides, Class notes & Summaries
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Adventis Financial Modeling Certification (FMC) Level 1 Exam Prep (New 2023/ 2024 Update) Questions and Verified Answers_ 100% Correct
- Exam (elaborations) • 30 pages • 2024
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Adventis Financial Modeling Certification 
(FMC) Level 1 Exam Prep (New 2023/ 2024 
Update) Questions and Verified Answers_ 
100% Correct 
 
QUESTION 
 what is working capital a measure of? 
 
 
Answer: 
- a company's efficiency 
- short term financial health 
 
 
 
QUESTION 
 working capital equation 
 
 
Answer: 
non-cash current assets - non-debt current liabilities 
 
 
 
QUESTION 
 what does a positive or negative working capital indicate? 
 
 
Answer: 
whether it's a source or use...
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Adventis Financial Modeling Certification (FMC) Level 1 Exam Review (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct
- Exam (elaborations) • 27 pages • 2024
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Adventis (FMC) Level 1 Exam Review (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct 
 
Q: revenue (sales) amount charged for the delivery of goods or services 
 
 
 
Q: cost of sales (cogs) 
 
 
Answer: 
- direct cost of producing revenue 
- Ex: raw materials, direct wages, etc. 
 
 
 
Q: gross profit 
 
 
Answer: 
- revenue - cogs 
- indicates how efficiently labor and materials are used in the production process 
 
 
 
Q: operating expenses 
 
 
Answer: 
- all other expe...
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FMC test | questions with 100% Correct Answers
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When washing your hands with soap and water, how long must you wash your hands? 
___________________ seconds. - Ans 40 - 60 seconds 
When cleaning hands with hand sanitizer, how long must you rub your hands? 
__________________ seconds - Ans 20 - 30 seconds 
The number one cause of chronic renal failure is ____________________. - Ans diabetes 
True or False: When going from a dirty area to retrieve supplies in a clean area, staff are 
required to complete hand hygiene. - Ans True
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Adventis FMC Level 1 UPDATED Exam Questions and CORRECT Answers
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Adventis FMC Level 1 UPDATED Exam 
Questions and CORRECT Answers 
financial statement communicates what? - CORRECT ANSWER- - financial condition 
- results of operations 
- various other activities of an organization 
how board of directors use financial data... - CORRECT ANSWER- - hold management 
accountable - make board-level decisions about corporate strategy
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Adventis FMC Level 1 Questions and Answers Rated A+
- Exam (elaborations) • 21 pages • 2024
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Adventis FMC Level 1 Questions and Answers Rated A+ financial statement communicates what? - financial condition - results of operations - various other activities of an organization 
how board of directors use financial data... - hold management accountable - make board-level decisions about corporate strategy 
how company management uses financial data... - measure performance - make strategic, operating and financial decisions 
how creditors use financial data... - measure creditworthiness - ...
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Adventis FMC Level 1 Exam Guide (100 out of 100) Questions and Answers (New Update)
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Adventis FMC Level 1 Exam Guide (100 out of 100) Questions and Answers (New Update)
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Adventis Financial Modeling Certification (FMC) Level 2 Exam Review (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct
- Exam (elaborations) • 27 pages • 2024
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Adventis (FMC) Level 2 Exam Review (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct 
 
Q: a company sold for $100M and the company being bought had $15M of debt and $2M of cash, what happens and what is the transaction value and purchase price 
 
 
Answer: 
- the $2M would be used by shareholders of the acquired company to pay down existing $15M in debt to make $13M in debt now (15 - 2 = 13) 
- the proceeds from the deal would then be used to pay down the remaining debt (E...
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FMC Test With Complete Solutions | Already Passed| Verified
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When should alarm and pressure holding test be performed on dialysis machine - Before each 
treatment 
In order to determine the adequacy of a dialysis treatment which of these laboratory values should be 
evaluated - Blood urea nitrogen 
What is the purpose of maintaining a log of water quality checks - To prove safe water has been 
documented 
When is the correct time to draw a post bun - Before returning the patient's blood 
Which of these parameters on the hemodialysis machine must be verif...
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Adventis Financial Modeling Certification (FMC) Level 1 Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 19 pages • 2024
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Adventis Financial Modeling Certification (FMC) Level 1 Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Which of the following balance sheet items are included in working capital? 
A) Debt 
B) Accounts receivable 
C) Equity 
D) Cash 
E) Long-term liabilities 
 
 
Answer: 
B 
 
 
 
Q: Which of the following balance sheet items are not included in working capital? 
A) Accounts payable 
B) Accrued liabilities 
C) Accounts receivable 
D) Short-term debt ...
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FMC test questions and answers already passed
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FMC test questions and answers already passed When should alarm and pressure holding test be performed on dialysis machine Before each treatment 
In order to determine the adequacy of a dialysis treatment which of these laboratory values should be evaluated Blood urea nitrogen 
What is the purpose of maintaining a log of water quality checks To prove safe water has been documented 
When is the correct time to draw a post bun Before returning the patient's blood 
Which of these parameters on the...
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