Vinogradova quiz

What is the main business of VINOGRADOVA LTD?

• Producing and selling wines and mineral water

• Manufacturing clothing and accessories

• Providing financial services

• Developing software solutions

Share floatation, as a long-term financing option, allows VINOGRADOVA to raise capital by selling shares to the government and public, granting shareholders the right to participate and gain profit.

• TRUE

• FALSE

Who analyzed VINOGRADOVA's management, financial records, and use of resources?

• The company's internal audit team

• An independent consulting firm

• The Manara Lombard Bank

• The communist government

What was the main objective of VINOGRADOVA under the communist government?

• To diversify their product range

• To expand into international markets

• To produce more, export more, and make a big profit

• To produce more, sell more, and make a bigger profit

What should VINOGRADOVA do to gain maximum advantages in pricing?

• Keep prices the same for all wines and vintages

• Offer discounts for late payments

• Differentiate prices based on the quality of wines and vintages

• Increase prices for bulk purchaces

VINOGRADOVA is a clothing and accessories manufacturing company.

• TRUE

• FALSE

The Manara Lombard Bank analyzed VINOGRADOVA's management, financial records, and use of resources.

• FALSE

• TRUE

8. How can VINOGRADOVA improve its stock control?

• By relying on the quality and quantity of grapes each year

• By consulting the vine manager to match grape production with vintage requirements

• By maintaining a large inventory of all wines

• By outsourcing stock management to a third-party provider

VINOGRADOVA should differentiate the prices for all kinds mineral water.

• TRUE

• FALSE

What is the recommended approach for VINOGRADOVA's book-keeping and financial records?

• Hire an external auditor to handle all book-keeping tasks

• Manage book-keeping internally using basic accounts handled by an accounts clerk

• Outsource financial record management to a specialized firm

• Rely on the communist system for financial record-keeping