Planning, Budgeting and Forecasting Final Assessment
Well done for getting to the last stage of the Planning, Budgeting and Forecasting course. There’s one more thing to do before we issue you with a certificate to celebrate your achievement. Just answer a few simple questions to demonstrate your new knowledge.
The pass mark is 70%. If you score less than this please review your answers and then restart the quiz.
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Fill in the blank
The most common type of planning is planning, which is used to develop plans for the next three to five years
Fill in the blank
plans are used to manage the day-to-day operations of a business.
What do the letters in PESTLE analysis stand for?
; ; ; ; ; ;
Which of the 4 strategy tools allows you to view which customers and products provide the most potential for business growthCorrectIncorrect
Why are budget assumptions necessary? (check all that apply)CorrectIncorrect
Why do many businesses reforecast during the financial year?CorrectIncorrect
How often should you re-forecast your financial results during any given period?CorrectIncorrect
What is one of the most common issues with financial models?CorrectIncorrect
What is the most common way to calculate the cost of capital?CorrectIncorrect
Which of the following is an example of how to optimize the use of your assets?CorrectIncorrect
How can finance leaders manage outcomes and help your company deliver its financial targets?CorrectIncorrect