quiz

working capital management.

A company's current balance of assets and liabilities falls under the focus of

accounts payable.

Money the business owes is known as

record keeping activities

Accounting is distinct from finance because its main focus is on

equity.

Assets a company already owns and can use to finance a new venture are called

acquisition of funds.

Decisions about financing refer to the

capital budgeting.

Determining which projects a business should invest in is known as

money

Finance is the business function that involves managing

It plans and controls spending.

How does the finance function relate to company spending?

investments

The administration of assets refers to decisions about

as short as possible.

The cash conversion cycle should be

in line with organizational priorities

The finance function ensures that the company's financial goals are

Budgeting

The finance function is usually responsible for which of the following processes:

new business projects and strategies.

The finance function would definitely be involved in a decision regarding

reduce risks

The goals of the finance function are to ensure profitability and to

information systems.

To keep communication flowing with other departments, the finance function depends on

growing in value.

When return on capital is positive, the company is

How to finance investments

Which of the following is a capital investment decision

Cash conversion cycle

Which of the following is a key component of managing working capital

Return on capital

Which of the following is a measure of how well a business generates cash flow: