Which of the following is true of benchmarking

Assignment Help Financial Management

Reference no: EM131916144

1a. Which of the following is the responsibility of a finance? manager?

A. processing purchase orders and invoices

B. preparing the monthly income statement

C. ensuring accounts payable are paid on time

D. analyzing the capital needs of the firm

1b. Which of the following is true of? benchmarking?

A. It is an analysis in which a? firm's financial performance over time is evaluated using financial ratio analysis.

B. It is an analysis in which a? firm's ratio values are compared with those of a key competitor or with a group of competitors that it wishes to emulate.

C.It is a financial statement analysis technique which combines crossminus-sectional and timeminus-series analyses.

D. It is an analysis in which a? firm's ratio values are analyzed to project the fundamental values of the assets for upcoming years or business cycle.

1c. Which of the following is used to analyze a? firm's financial performance over different? years?

A.breakminus-even analysis

B. marginal analysis

C. gap analysis

D. timeminus-series analysis

1d.?________ is one of the primary responsibilities of a financial manager.

A. Analyzing budget and performance reports

B. Determining the audit policy

C. Preparing income statements

D. Monitoring quarterly tax payments

1e. A financial manager is interested in the cash inflows and outflows of a? firm, rather than the accounting? data, in order to? ________.

A. ensure timely payment of taxes

B. maintain an optimum solvency level

C. ensure profitability

D. maintain healthy public relations

1f. The primary purpose in preparing a cash budget is? ________.

A. to evaluate the intrinsic value of a financial assets

B. for risk analysis

C. to estimate a? firm's shortminus-term cash requirements

D. to estimate sales

1g. Pro forma financial statements are used for? ________.

A. profit planning

B. preparing financial statements

C. auditing

D. cash budgeting

Reference no: EM131916144

Questions Cloud

How much has the investor lost in yen terms : When the investor went to sell the building 5 years later, in early 1995, the exchange rate was 85 yen/$ and the property's value had decreased to $800 million.

Calculate the income-elasticity of demand for toilet paper : Calculate the income-elasticity of demand for toilet paper. Is the demand for toilet paper income-elastic or income-inelastic?

What is the amount of his american opportunity tax credit : He had no other income or expenses during 2016. How much can Clark claim as a child and dependent care credit in 2016?

What is the cross-price elasticity of demand : What is the cross-price elasticity of demand between peanut butter and jelly? Are they complements or substitutes?

Which of the following is true of benchmarking : Which of the following is the responsibility of a finance manager? Which of the following is true of benchmarking?

What is the price elasticity of supply for haircuts : If the price of a haircut is $15, the number of haircuts provided is 100. What is the price elasticity of supply for haircuts between $15 and $30?

Did paulson breach a fiduciary duty : In 2008, Paulson formed DP Manufacturing as his own business to make components for the bearing pullers and sell the parts to BPI.

What is the npv of investing : You can invest in a risk-free technology that requires an upfront payment of $1 million and will provide a perpetual annual cash flow of $80,000.

What is the aftertax cash flow from this sale : Today, the company is selling this equipment for $25,000. The tax rate is 33 percent. What is the aftertax cash flow from this sale?

User Account

All Pages