NOCTI: Financial And Investment Planning. Exam Questions With 100% Correct Answers | Latest Updated 2026 | Guaranteed Pass

NOCTI: Financial And Investment Planning. Exam Questions With 100% Correct Answers | Latest Updated 2026 | Guaranteed Pass How do use accounting procedures in a financial environment? - answer--bookkeeping -month-end close -taxes -payroll -personal finances How do you employ marketing procedures to forward organizational goals? - answer--to promote the business -earn more customers -earn revenue by drawing customers in How to utilize customer service skills to work effectively with customers? - answer--surveys -informations on customer -expending habits -demographic -psychographics How to perform accounting function with computers and related software? - answer--excel -journal entries -balance sheets -financial documentsThe balance according to the bank statement is $35,782. Outstanding checks total $19,573. Deposits in transit total $7,210. What is the adjusted bank balance? - answer-$23,419 An invoice dated on March 10 with the terms 3/60, n/90 means that a 3 percent discount will be given if the invoice is paid on or before - answer-May 9 What is a non-taxable source of income? - answer-Child support payments What are examples of good accounting skills? - answer--business knowledge -tech. skills -communication skills -leadership Top Five Skills? - answer--big data analysis -coding and programing -project management -social media experience -technical writing Asset - answer-property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. Equity - answer-the value of the shares issued by a company. Liability - answer-a thing for which someone is responsible, especially a debt or financial obligation. Capital - answer-wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.Investment - answer-The action of process of investing money for profit or material result. Stock - answer-the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution. Balance Sheet - answer-a statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period. Income Statement - answer-A financial statement showing the revenue and expenses for a fiscal period. Statement of Cash Flows - answer-A financial statement that provides financial information about the cash receipts and cash payments of a business for a specific period of time. Statement of Owner's Equity - answer-record of the change in owners' equity from the end of one fiscal period to the end of the next Net income - answer-the difference between total revenue and total expenses when total revenue is greater Bond - answer-A debt instrument, a bond is essentially a loan that you are giving to the government or a company in exchange for a pre-set interest rate. Stock - answer-A type of investment that gives you partial ownership of a publicly traded company. Mutual Fund - answer-An investment vehicle that allows you to invest your money in a professionallymanaged portfolio of assets that, depending on the specific fund, could contain a variety of stocks, bonds, or other investments. Exchange-traded fund (ETF): - answer-Funds - sometimes referred to as baskets or portfolios of securities - that trade like stocks on an exchange. When you purchase an ETF, you are purchasing shares of the overall fund rather than actual shares of the individual underlying investments.