CFI /
CBCA
/ /
Core
/ /
Course
/ /
Assessments & Quizzes With Correct Answers
/ // // // // //
What /
/is /
/the /
/main /
/goal /
/of /
/using //business //writing //fundamentals? //- //correct //answer(s) //✔✔ //To //reduce //mental //effort
Which /
/of /
/the /
/following /
/statements /
/describes //
a //"Capacity" /
/strength /
/or /
/weakness /
/for //a //company //in //the //5 //Cs //of //credit //framework? //- //correct //answer(s) //✔✔ //The //net //profit
//margin //ratio //is //high.
Which /
/of /
/the /
,/following /
/statements /
/describes //
a //"Condition" /
/strength /
/or /
/weakness /
/for //
a/
/company //in //the //5 //Cs //of //credit //framework? //- //correct //answer(s) //✔✔ //The //risks //associated
//with //the //industry //are //high.
Which /
/of /
/the /
/following /
/scenarios /
/would /
/NOT /
/be /
/considered //
a/
/strength /
/when /
/assessing /
/the //management //team //as //part //of //evaluating //a //company's //character? //- //correct //answer(s)
//✔✔ //Financial //reports //are //not //widely //shared //and //performance //measures //have //not //been
//identified.
Which /
/of /
/the /
/following /
/ratios /
/most /
/likely /
,/indicates //strong //"Capacity" //for //a //company? //- //correct //answer(s) //✔✔ //High //asset //turnover
//ratio
Select /
/the /
/correct /
/formula /
/to /
/calculate /
/the /
/operating /
/margin //ratio. //- //correct //answer(s) //✔✔ //Operating //Margin //Ratio //= //EBIT /// //Revenue
Select /
/the /
/correct /
/formula /
/to /
/calculate /
/the /
/inventory /
/turnover /
/ratio. //- //correct //answer(s) //✔✔ //Inventory //Turnover //Ratio //= //Cost //of //Goods //Sold /// //Average
//Inventory
Which /
/of /
/the /
/following /
/most /
/likely //indicates //strong //"Capital" //for //a //company? //- //correct //answer(s) //✔✔ //Unutilized //lines
//of //credit //or //loans
, Which //of //the //following //statements //on //collateral //is //NOT //correct? //- //correct //answer(s) //✔✔
//Collateral //can //be //used //as //the //main //determinant //of //a //credit //decision.
Which /
/of /
/the /
/following /
/tools /
/or /
/methods /
/is /
/used /
/to //assess //the //general //business //environment? //- //correct //answer(s) //✔✔ //PEST //analysis
Select /
/the /
/loan /
/contract /
/with /
/the /
/lowest /
/risk. //- //correct //answer(s) //✔✔ //A //demand //loan //with //monthly //payments //secured //by //assets
Which /
/is /
/not /
/one /
/of //the //three //main //financial //statements? //- //correct //answer(s) //✔✔ //Statement //of //equity
What /
/does /
/the /
/balance //sheet //indicate? //- //correct //answer(s) //✔✔ //The //financial //strength //of //the //business
CBCA
/ /
Core
/ /
Course
/ /
Assessments & Quizzes With Correct Answers
/ // // // // //
What /
/is /
/the /
/main /
/goal /
/of /
/using //business //writing //fundamentals? //- //correct //answer(s) //✔✔ //To //reduce //mental //effort
Which /
/of /
/the /
/following /
/statements /
/describes //
a //"Capacity" /
/strength /
/or /
/weakness /
/for //a //company //in //the //5 //Cs //of //credit //framework? //- //correct //answer(s) //✔✔ //The //net //profit
//margin //ratio //is //high.
Which /
/of /
/the /
,/following /
/statements /
/describes //
a //"Condition" /
/strength /
/or /
/weakness /
/for //
a/
/company //in //the //5 //Cs //of //credit //framework? //- //correct //answer(s) //✔✔ //The //risks //associated
//with //the //industry //are //high.
Which /
/of /
/the /
/following /
/scenarios /
/would /
/NOT /
/be /
/considered //
a/
/strength /
/when /
/assessing /
/the //management //team //as //part //of //evaluating //a //company's //character? //- //correct //answer(s)
//✔✔ //Financial //reports //are //not //widely //shared //and //performance //measures //have //not //been
//identified.
Which /
/of /
/the /
/following /
/ratios /
/most /
/likely /
,/indicates //strong //"Capacity" //for //a //company? //- //correct //answer(s) //✔✔ //High //asset //turnover
//ratio
Select /
/the /
/correct /
/formula /
/to /
/calculate /
/the /
/operating /
/margin //ratio. //- //correct //answer(s) //✔✔ //Operating //Margin //Ratio //= //EBIT /// //Revenue
Select /
/the /
/correct /
/formula /
/to /
/calculate /
/the /
/inventory /
/turnover /
/ratio. //- //correct //answer(s) //✔✔ //Inventory //Turnover //Ratio //= //Cost //of //Goods //Sold /// //Average
//Inventory
Which /
/of /
/the /
/following /
/most /
/likely //indicates //strong //"Capital" //for //a //company? //- //correct //answer(s) //✔✔ //Unutilized //lines
//of //credit //or //loans
, Which //of //the //following //statements //on //collateral //is //NOT //correct? //- //correct //answer(s) //✔✔
//Collateral //can //be //used //as //the //main //determinant //of //a //credit //decision.
Which /
/of /
/the /
/following /
/tools /
/or /
/methods /
/is /
/used /
/to //assess //the //general //business //environment? //- //correct //answer(s) //✔✔ //PEST //analysis
Select /
/the /
/loan /
/contract /
/with /
/the /
/lowest /
/risk. //- //correct //answer(s) //✔✔ //A //demand //loan //with //monthly //payments //secured //by //assets
Which /
/is /
/not /
/one /
/of //the //three //main //financial //statements? //- //correct //answer(s) //✔✔ //Statement //of //equity
What /
/does /
/the /
/balance //sheet //indicate? //- //correct //answer(s) //✔✔ //The //financial //strength //of //the //business
