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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is one primary function of the Finance Department?
💡 Hint: Think about money management.
Question 2
Easy
What do we call the ability to pay short-term debts?
💡 Hint: It starts with an 'L'.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary responsibility of the Finance Department?
- Market research
- Manage financial activities
- Customer service
💡 Hint: Focus on what department deals with money.
Question 2
True or False: Profitability and liquidity are the same.
- True
- False
💡 Hint: What does each term refer to specifically?
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
A company has a monthly budget of $50,000. If the costs exceed this by 20% in one month, what financial issues might arise and how can the Finance Department address it?
💡 Hint: Think about how overspending impacts finances.
Question 2
A business is consistently liquid but has not made a profit for three years. Analyze potential challenges this may pose.
💡 Hint: Consider long-term sustainability vs. short-term cash flow.
Challenge and get performance evaluation