ACHE FACHE BOG Finance Exam
Questions with Correct Answers
Pass the Exam, 100% Verified
1. Net income as a percentage of gross revenues and return on equity are the two most
important indicators of:
a. Profitability
b. Credit worthiness
c. Market Strength
d. Cash Position
Answer> a. Profitability:
2. When reviewing assets, which element is the most important indication of an
organization's liquidity?
a. Buildings and equipment
b. Long-term investments
c. Cash and short-term investments
d. Land and other assets
Answer> c. Cash and short-term investments:
1/
4
Questions with Correct Answers
Pass the Exam, 100% Verified
1. Net income as a percentage of gross revenues and return on equity are the two most
important indicators of:
a. Profitability
b. Credit worthiness
c. Market Strength
d. Cash Position
Answer> a. Profitability:
2. When reviewing assets, which element is the most important indication of an
organization's liquidity?
a. Buildings and equipment
b. Long-term investments
c. Cash and short-term investments
d. Land and other assets
Answer> c. Cash and short-term investments:
1/
4
