FI-354 Exam Questions with Correct Solutions Latest 2025-2026
Finance is the business function that involves managing: - Answers Money.
The goals of the finance function are to ensure profitability and: - Answers Reduce risks.
Accounting is distinct from finance because its main focus is on: - Answers Recordkeeping
activities.
The administration of assets refers to decisions about: - Answers Investments. T
Decisions about financing refer to the: - Answers Acquisition of funds.
The finance function ensures that the company's financial goals are: - Answers In line with
organizational priorities.
How does the finance function relate to company spending? - Answers It plans and controls
spending.
Money the business owes is known as: - Answers Accounts payable.
Money owed to the business is known as: - Answers Accounts receivable.
To keep communication flowing with other departments, the finance function depends on: -
Answers Information systems.
The finance function is usually responsible for which of the following processes: - Answers
Budgeting.
The finance function would definitely be involved in a decision regarding: - Answers New
business projects and strategies.
Which of the following is a capital investment decision: - Answers How to finance investments.
A company's current balance of assets and liabilities falls under the focus of: - Answers
Working capital management.
Determining which projects a business should invest in is known as: - Answers Capital
budgeting.
Selling shares in the company to raise money for a new venture is referred to as __________
funding. - Answers Equity.
Which of the following is a key component of managing working capital: - Answers Cash
conversion cycle.
The cash conversion cycle should be: - Answers As short as possible.
Finance is the business function that involves managing: - Answers Money.
The goals of the finance function are to ensure profitability and: - Answers Reduce risks.
Accounting is distinct from finance because its main focus is on: - Answers Recordkeeping
activities.
The administration of assets refers to decisions about: - Answers Investments. T
Decisions about financing refer to the: - Answers Acquisition of funds.
The finance function ensures that the company's financial goals are: - Answers In line with
organizational priorities.
How does the finance function relate to company spending? - Answers It plans and controls
spending.
Money the business owes is known as: - Answers Accounts payable.
Money owed to the business is known as: - Answers Accounts receivable.
To keep communication flowing with other departments, the finance function depends on: -
Answers Information systems.
The finance function is usually responsible for which of the following processes: - Answers
Budgeting.
The finance function would definitely be involved in a decision regarding: - Answers New
business projects and strategies.
Which of the following is a capital investment decision: - Answers How to finance investments.
A company's current balance of assets and liabilities falls under the focus of: - Answers
Working capital management.
Determining which projects a business should invest in is known as: - Answers Capital
budgeting.
Selling shares in the company to raise money for a new venture is referred to as __________
funding. - Answers Equity.
Which of the following is a key component of managing working capital: - Answers Cash
conversion cycle.
The cash conversion cycle should be: - Answers As short as possible.
