Financial Forecasting, Finance And Accounting

Question: How is income tax forecasted?
A
By applying the prevailing corporate tax rate to any income for the period

B
By showing it escalating over time

C
By assuming zero unless profits exceed $1 million

D
By tax professionals who handle forecasting separately

Note: Not available
1. Report
Question: In which of the following ways would typical Rent Expense be modeled?
A
Consistent over the next five years

B
Based on average rent in major metropolitan areas

C
Always assuming a 10% growth per year

D
Related to both the number of employees and natural increases in rent

Note: Not available
1. Report
Question: The term "burn rate" refers to ______________.
A
the total operating expenses

B
the amount of cash a company spends on average in a given period

C
the total fixed asset expenditures

D
revenue growth

Note: Not available
1. Report
Question: Capitalization is defined as ______________________.
A
the debt structure of a company

B
the capital structure of a company

C
current assets

D
the annual net income

Note: Not available
1. Report
Question: In what way are the Income Statement and the Balance Sheet linked in a dynamic forecast?
A
Change in Accounts Receivable is determined on the Income Statement.

B
Ending cash balance is brought from the Income Statement to the Balance Sheet.

C
There is no relationship between the two.

D
Net income is carried over to the Equity section.

Note: Not available
1. Report
Question: Another way to express the Balance Sheet formula is ________________.
A
Cash = Liabilities

B
Equity = Assets - Liabilities

C
Net Income = Assets - Liabilities

D
Retained Earnings = Assets + Liabilities

Note: Not available
1. Report
Question: Which of the following would one expect to be the highest expense?
A
Liability insurance

B
Salaries

C
Benefits

D
Office supplies

Note: Not available
1. Report
Question: In which of the following sections would Change in Accounts Receivable be recorded?
A
Cash from Investing

B
Net Income

C
Cash from Operations

D
Cash from Financing

Note: Not available
1. Report
Question: Which of the following decisions could be made by looking at the Balance Sheet?
A
To move offices

B
To invest excess cash into higher-yield investments

C
To reduce employee benefits

D
To outsource payroll functions

Note: Not available
1. Report
Question: Which of the following is the accepted format for a forecasted Balance Sheet?
A
Expenses first, then Revenue

B
Revenue, COGS, Operating Expenses

C
Taxes, COGS, Revenue, Operating Expenses

D
Assets, Liabilities, Equity

Note: Not available
1. Report

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Question: How is income tax forecasted?

Question: In which of the following ways would typical Rent Expense be modeled?

Question: The term "burn rate" refers to ______________.

Question: Capitalization is defined as ______________________.

Question: In what way are the Income Statement and the Balance Sheet linked in a dynamic forecast?

Question: Another way to express the Balance Sheet formula is ________________.

Question: Which of the following would one expect to be the highest expense?

Question: In which of the following sections would Change in Accounts Receivable be recorded?

Question: Which of the following decisions could be made by looking at the Balance Sheet?

Question: Which of the following is the accepted format for a forecasted Balance Sheet?