ACC5044 -Week 8

ACC5044 -Week 8

University

36 Qs

quiz-placeholder

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ACC5044 -Week 8

ACC5044 -Week 8

Assessment

Quiz

Business

University

Practice Problem

Medium

Created by

Babak Naysary

Used 11+ times

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36 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a role of the finance function in organizations?

Planning

Forecasting

Marketing

Resource Allocation

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following external environmental factors is NOT listed as impacting the finance function?

Customer expectations

Global political climate

Technological advancements

Local weather conditions

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a type of profit-seeking organisation?

Ltd

plc

Partnerships

Public Sector

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the role of the Finance Function in an organisation?

To create and preserve value

To manage employee relations

To oversee marketing strategies

To handle legal matters

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a key role of the Finance Function?

Enabling

Directing

Controlling

Executing

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a function of the Finance Function for preserving value in the long term?

Planning

Forecasting

Resource Allocation

All of the above

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

According to the document, what are the two ways an organisation can create value in the short term and preserve value for the longer term through SHAPES function?

Financial Reporting and Control

Performance Management and Control

Financial Reporting and Corporate Reporting

Performance Management and Financial Reporting

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