Financial Decision Making
Quiz by Mark Seccombe
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
43 questions
Show answers
- Q1A goal or target pursued by the finance department (or function) within an organisationUsers enter free textType an Answer30s
- Q2Measures the extent to which revenues from selling a product over some time period exceed the costs incurred in producing itUsers enter free textType an Answer30s
- Q3The movement of cash into and out of a business over timeUsers enter free textType an Answer30s
- Q4Record a business's sales revenue over a trading period and all relevant costs incurred as well as the business's profit or lossUsers enter free textType an Answer30s
- Q5Income received from sales minus the cost of goods and services soldUsers enter free textType an Answer30s
- Q6Expenditure that can clearly be allocated to a particular product or area of the business. Examples are raw materials and componentsUsers enter free textType an Answer30s
- Q7Expenditure that relates to all aspects of a business's activities, such as the maintenance costs for buildings or senior managers' salariesUsers enter free textType an Answer30s
- Q8Financial surplus arising from a business's normal trading activities and before taxationUsers enter free textType an Answer30s
- Q9Measure of a business's surplus that takes into account a wider range of expenditures and incomes including taxationUsers enter free textType an Answer30s
- Q10Earnings or income generated by a firm as a result of its trading activitiesUsers enter free textType an Answer30s
- Q11Medium- to long-term goals established to coordinate the businessUsers enter free textType an Answer30s
- Q12The purchase of assets such as property, vehicles and machinery that will be used for a considerable time by the businessUsers enter free textType an Answer30s
- Q13Items that a business owns and which it expects to retain for one year or longer.Users enter free textType an Answer30s
- Q14Spending undertaken by businesses to purchase non-current assets such as vehicles and property. It is another term for investmentUsers enter free textType an Answer30s
- Q15Refers to the way in which a business has raised the capital it requires to purchase its assetsUsers enter free textType an Answer30s