Ficep module 3 exam - Study guides, Class notes & Summaries
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FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.
- Exam (elaborations) • 3 pages • 2023
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FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WITH COMPLETE SOLUTIONS RATED A.FICEP MODULE 3 EXAM WIT...
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FICEP MODULE 3 EXAM QUESTIONS AND ANSWERS.
- Exam (elaborations) • 4 pages • 2023
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What does accounts receivable mean? 
Money that is owed to a business 
 
 
 
What does accounts payable mean? 
Money that a business owes to others 
 
 
 
What are considerations for cash flow when running a business? 
(7) 
(1) Accounts receivable 
(2) Accounts payable 
(3) Cyclical or seasonal income 
(4) Inventory management 
(5) Taxes 
(6) Insurance 
(7) Retirement benefits 
 
 
 
What are ways to establish good credit? (9) 
(1) Paying bills on time 
(2) Establishing regular savings 
(3) Main...
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FICEP Financial Counseling Certification Program MODULE 3 EXAM QUESTIONS AND ANSWERS
- Exam (elaborations) • 4 pages • 2024
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FICEP MODULE 3 EXAM QUESTIONS AND ANSWERS 
 
What does accounts receivable mean? - answer Money that is owed to a business 
 
What does accounts payable mean? - answer Money that a business owes to others 
 
What are considerations for cash flow when running a business? 
(7) - answer (1) Accounts receivable 
(2) Accounts payable 
(3) Cyclical or seasonal income 
(4) Inventory management 
(5) Taxes 
(6) Insurance 
(7) Retirement benefits
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