WI530 Knowledge Check 9
WI530 Knowledge Check 9
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WI530 Knowledge Check 9
Question 1A Financing Plan is a special version of a Strategic Plan written to attract top talent to a company.
Answers:
True
False
Question 2Creating the forward-looking view of financial performance is a surprisingly effective way to transform the financial future of your company. It will:
Answers:
A. Help you drive growth, profitability and cash flow higher.
B. Create confidence and clarity about where your business is going financially.
C. Provide the roadmap for turning your vision and strategy for your business into a crystal-clear view of what success should look like financially.
D. All of the above.
Question 3Assume that you make an investment of $100,000 in 2015 that has a value of $122,504 3 years later in 2018. What is the compound annual growth rate (CAGR) of your investment?
Answers:
A. 22.5%
B. 7%
C. 5.6%
D. 1.8%
Question 4A business uses week-by-week sales data to predict sales for the coming week using moving averages. This is an example of:
Answers:
A. Moving average times series forecasting method
B. Experiential smoothing
C. Delphi method
D. Market research
Question 5Which of these approaches is NOT a commonly accepted forecast approach?
Answers:
A. Can’t Wait Approach
B. Can’t Miss Approach
C. 50/50 Approach
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