CFI /
CBCA
/ /
Account
/ /
Monitoring
/ /
and
/ /
Warning
/ /
Signs Exam Questions With Correct Answers
/ // // // // //
Developing //an //Action //Plan //
Consider /
/the /
/following /
/when //developing //an //action //plan //to //address //the //root //problem: //- //verified //answer(s)-
✔✔Working //Together //
Is //the //client //open //to //working //together //to //resolve //the //problem? //
Restructure //the //Loan //
Is /
/there /
/an /
/option //to //restructure //the //loan //in //a //way //that //will //help //alleviate //repayment //pressures?
Strategies //
Will /
/the /
/client /
,/accept /
/strategies /
/such /
/as /
/using //a //cash //flow //budget //and //reducing //operating //costs, //including //a //reduction //in //salary?
Account //Monitoring //and //Warning //Signs
Identify //Early //Warning //Signs
Course //Objectives //- //verified //answer(s)-✔✔-
Identify //common //warning //signs //that //a //company //has //financial //difficulties //
-Apply //quantitative //models //to //predict //if //companies //will //run //into //financial //difficulty //
-Understand //how //to //deal //with //problem //accounts
Identifying //Warning //Signs
Session //Objectives //- //verified //answer(s)-✔✔-
Identify //common //warning //signs //that //a //company //has
financial //difficulties
- //Understand //symptoms //and //causes //of //corporate //decline
Annual //Credit //Review //Process //
An /
/annual /
/review //is //typically //performed //using //the //following //components: //- //verified //answer(s)-
✔✔1. //Financial //Statement //Review //
• //Comparative //analysis //
• //Working //capital //analysis //
• //Cash //flow //analysis //
• //Financial //covenant //analysis //
, 2. //Security //Review
• //Account //receivables
• //Inventory //
• //Equipment //
• //Real //estate //
• //Personal //guarantees //& //covenants
3. //Management //Review
• //Change //in //management //structure
• //Decision //making //abilities //
• //Budget //& //results //monitoring
4. //Business //Review
• //Opportunities //
• //Threat //
• //Capacity
Identify //Warning //Signs
Root //Causes //and //Impact //- //verified //answer(s)-✔✔Root //Causes //
• //Low //staff //morale //and //poor //working //conditions //
• //Loss //of //a //key //customer //
• //Weak //credit //controls
Impact
• //Increasing //staff //turnover
• //Declining //sales //and //profitability
CBCA
/ /
Account
/ /
Monitoring
/ /
and
/ /
Warning
/ /
Signs Exam Questions With Correct Answers
/ // // // // //
Developing //an //Action //Plan //
Consider /
/the /
/following /
/when //developing //an //action //plan //to //address //the //root //problem: //- //verified //answer(s)-
✔✔Working //Together //
Is //the //client //open //to //working //together //to //resolve //the //problem? //
Restructure //the //Loan //
Is /
/there /
/an /
/option //to //restructure //the //loan //in //a //way //that //will //help //alleviate //repayment //pressures?
Strategies //
Will /
/the /
/client /
,/accept /
/strategies /
/such /
/as /
/using //a //cash //flow //budget //and //reducing //operating //costs, //including //a //reduction //in //salary?
Account //Monitoring //and //Warning //Signs
Identify //Early //Warning //Signs
Course //Objectives //- //verified //answer(s)-✔✔-
Identify //common //warning //signs //that //a //company //has //financial //difficulties //
-Apply //quantitative //models //to //predict //if //companies //will //run //into //financial //difficulty //
-Understand //how //to //deal //with //problem //accounts
Identifying //Warning //Signs
Session //Objectives //- //verified //answer(s)-✔✔-
Identify //common //warning //signs //that //a //company //has
financial //difficulties
- //Understand //symptoms //and //causes //of //corporate //decline
Annual //Credit //Review //Process //
An /
/annual /
/review //is //typically //performed //using //the //following //components: //- //verified //answer(s)-
✔✔1. //Financial //Statement //Review //
• //Comparative //analysis //
• //Working //capital //analysis //
• //Cash //flow //analysis //
• //Financial //covenant //analysis //
, 2. //Security //Review
• //Account //receivables
• //Inventory //
• //Equipment //
• //Real //estate //
• //Personal //guarantees //& //covenants
3. //Management //Review
• //Change //in //management //structure
• //Decision //making //abilities //
• //Budget //& //results //monitoring
4. //Business //Review
• //Opportunities //
• //Threat //
• //Capacity
Identify //Warning //Signs
Root //Causes //and //Impact //- //verified //answer(s)-✔✔Root //Causes //
• //Low //staff //morale //and //poor //working //conditions //
• //Loss //of //a //key //customer //
• //Weak //credit //controls
Impact
• //Increasing //staff //turnover
• //Declining //sales //and //profitability
