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16 Jan financial planning questions and answers pdf

We will give a summary of what you are to expect from the Financial Accounting past questions and answer PDF document which we have provided below before we provide you with the Download link for the subject. available form the financial markets, such as stock returns, thus, the mathematical statistics methods can be used. ��:n��a���$j�$,�"�Ӎ'�4ҍ�� $Q��N�D�'��LfX�r. Although when I think about what’s important in my business, it is not so much answering those questions (because lots of times people don’t understand, remember, or get around to it), it’s really about getting to the heart of the important issues and knowing the right questions to ask. Download Free PDF. Remember not to answer the question where you can frame your answer in a way where you can mention that it’s a tough question or ask the employer to tell you the range for the position. Here are the answers to some of the most frequently asked Financial Analyst interview questions for the position of a financial analyst: Download PDF. Chapter 9: Financial planning: Chapter 9: Financial planning . (a) buildings account (b) motor vehicle account (c) patents account (d) furniture account ANS: C, 25) Which of the following is not a revenue account? Below are additional Download Links to all the free Secondary School (High School) Resources for Form 1, Form 2, Form 3 and Form 4. ANS: D, 19) Return inwards is also known as____ (a) purchases returns (b) sales returns (c) goods on sale of return (d) goods in transit ANS: B, 20) The account which refers to the tangible assets of a company that is of permanent  nature is the  (a) personal account (b) real account (c) nominal account  (d) cash account ANS: B, 21) The document that is used to acknowledge the acceptance of the return of goods by the seller from the buyer is known as (a) credit note (b) debit note (c) invoice (d) voucher ANS: A, 22) The effect of payment of a liability is that it (a) increases both assets and liabilities (b) increases assets and decrease liabilities (c) decreases assets and increases liabilities (d) decreases both assets and liabilities ANS: D, 23) The term posting in accounting refers to (a) recording entries in the journal (b) transferring the balances in the ledger to the trial balance (c) tracing amounts from the journal to the ledger to find errors (d) transferring entries to the ledger from the journal. Questions include the following: technical skills (finance and accounting), social skills (communication, personality fit, etc). Learners and students are able to view and download past examination papers, solutions and markers comments on the Financial Management examination from the links below. Future candidates should expect a greater emphasis … Based on extensive research and feedback from professionals at corporations, this list has the most likely interview questions Explain ‘financial modelling’. 364 0 obj <> endobj Since the Financial accounting questions all have answers attached to them there would most likely be no need for questions, however, we still entertain questions and your inputs on the subject matter via our comment section below or our contact us page so we can keep udating this contents and adding new questions and answers as they come. Download Full PDF Package. Financial planning & analysis (FP&A) interviews Credit Analyst Interview Questions Credit analyst interview questions and answers. 1. Financial planning is the career path chosen by enthusiastic financial professionals who want to start their career as a financial professional. Please note, do not limit your scope of reading to the questions and answers provided in this post rather expand your studies and search for more Financial Accounting examination past questions and answers and answer them. endstream endobj 368 0 obj <>stream \1�+�X1�c�`~�Pq�Gh����47�%3J9���ڰrS�M|/�2/`�����7���A�A�����N�S����- hGj� ���)�N�L�"3 9;w�l{�$_��dFC�?v Ͽ!L�Y� B��� This question is intended to get a better idea of who you are as a person, and find out what you’re passionate about. Multiple choice questions on financial options and applications in corporate finance quiz answers PDF covers MCQ questions on financial planning, binomial approach, black Scholes option pricing model, and put call parity relationship. (a) Assets = capital + liabilities (b) capital = assets + liabilities (c) liabilities = assets + capital (d) assets = liabilities – equity ANS: A, 27) A system where a separate cash book is maintained for small payment is ____ (a) single entry (b) imprest (c) float (d) reimbursement ANS: B, 28) An analytical cash book is used to ___ (a) indicate sources of cash received (b) categorise petty cash payment (c) separate cash and bank balance (d) analyse amounts due from debtors ANS: B, 29) The sum of money given to a petty cashier out of which small payments are made is called (a) bonus (b) loan (c) advance (d) float ANS: D, 30) A rent of 250,000 was paid by John to his landlord by cheque. Answer this Financial Modeling question using an acronym – FAST. Financial planning is an ongoing process in which it’s essential to monitor the progress of your investments within the context of your goals and periodically review all relevant information. PDF. All answers here are correct, you can as well make references to your Financial Accounting text books should you have doubts as regards any of the answers. Free PDF. 24 Answers to Lecture Examples..... 24.1 25 Question and Answer bank ..... 25.1 26 Pilot Paper questions..... 26.1 Don’t forget to plan your revision phase! Home - Financial Accounting Exam Past Questions And Answers – PDF Documents. You can just answer that it depends on the financial analyst responsibilities and job roles. The resources include teaching/learning class notes, Topical (topic by topic) Questions and Answers, Termly Examination Papers and Marking Schemes, Lesson Plans, Powerpoint Notes and Slides, Schemes of Work, KCSE KNEC Past Papers, Confidentials and Marking … Download PDF Package. %PDF-1.6 %���� There is a popular saying “Face your fears head on” when you do so fear dissipates by 50% if you do not face your fears you will not come to terms with the popular saying that Fear is a mirage, it does not exist, its the cooked up mental scenario by the mind. `4� i �@��s�s�[�0��� M�Ў��B5 @��� -�A�������NE�n�)������:��0����Y�s'X�W� [�4#0�߅'�BK\ ��" �2 The flexibility of a financial model depends on how easy it is to modify the model whenever and wherever it would be necessary. Download with Google Download with Facebook. This activity contains 10 questions. 378 0 obj <>/Filter/FlateDecode/ID[<0F99FDBF0AE9AF4EB7E9FCA5FD38EE23>]/Index[364 29]/Info 363 0 R/Length 88/Prev 697809/Root 365 0 R/Size 393/Type/XRef/W[1 3 1]>>stream 3. It should be noted that the sample questions are by no means intended to be a practice examina-tion paper for candidates. They seemed to reflect poor preparation and equally poor understanding of the practical nature of the assessment. Q1. First, let me congratulate you on asking this question in your early 20s. Advantages of Financial Planning 5. Financial Analysis Questions, Answers and Examiners’ Comments LEVEL 5 DIPLOMA IN CREDIT MANAGEMENT JUNE 2013 Instructions to candidates Answer all questions Time allowed: 3 hours This particular paper was slightly easier for students than previous papers as there was an increased availability of marks for the calculation of ratios. PDF. h��WYo�H�+��h�����(�d�I��ht�W#۳J��~���29f�*�Ugw}Ս�b&�n&�D�bZ�d9��Z&�Y��6�Ո)��贙�Ц�1S6�L,�rq��d*ֆ}��{�~�att�Ϝ��5N��|�.��^�N{���`�h0^��|Ya=�k#i�Oz�����R���������.DX+;y�ΆUR���P��w̌F*NVF#b��Q��Cx��U�O��S|�*�_$sߝ�o����)i�/�ĶE6���#�a� f����qR�f�N����%Y��0ɇ��p8`����q�����^�)�~Y�XX�MV�>��WL (a) sales (b) purchase (c) discount received (d) interest received ANS: B, 26) Which of the following is the basic accounting equation? ANS: D, 24) Which of the following is not a real account? The double entry in John’s books is (a) debit rent account, credit bank account (b) debit rent account, credit John’s account (c) debit bank account, credit rent account (d) debit John’s account, credit rent account ANS: A. This download link will take you to the full document containing close to 100 Financial Accounting past questions and answers. G%���"M���[Ц�zWM�aۮ}h�g}�ގ��=UD�wCխ�߹��lh�ҭ�ރB�Z�l]mM��E5 �m�nVM�5�P2z�T�r�Dƛ�nݻՃ��{l���6��`�~x7�[��yw@?. • Revision of syllabus • Testing of knowledge • Question practice • Exam technique practice . "�A$C�d}"�lAdW%��j�� �µ`���_$�9I�MJ@���F&F��`��@�g`h�` G�. If he sent a cheque for N500, UTC would send him a (a) credit note (b) debit note (c) journal voucher (d) way bill ANS: A, 15) Books of original entry are used for (a) recording business transactions (b) the adjustment of accounts (c) reminding the book keeper to-post transactions in the ledger (d) informing the bookkeeper about the state of affairs. So get preparation for your new job interview. �^_�La�݇� .�0��3���0�1c >c��--�~����v�/[� D�٧'�n�΍T�I�;�Wb�o_�E��L���XL-�ѿ ����M���z���� � ��c��O��9��9���-�{u]�O \Ͱ�Vt(�H���W����sd�!bB?T��Lۂ���5}D�f���:�o ��e��fz���#�BI�M�&�����n��zp]E�r�0��z�U+�?�1Ԝ���e�H�,�1���H�P[J�/[ ~��� Financial Controller Frequently Asked Questions in various Financial Controller job interviews by interviewer. Answering tough job interview questions deftly and skillfully can be a fine art. Why financial planning is important in everyone’s life? What are the advantages and disadvantages of financial planning? PDF. _M��׼X$Y���]2�_%Y:�,�g�+�����ux�J���m+�'m��I��e�nƧiQV���h�~�`@�|I�,�D|��"OF�\��ݳ�+� P��Y���6�EL"e��5a�"͈���52�Q�/��@���D��"��1`������{0x1��|�u?6f���k��58t�$�\b��M��h�Z��<4ڎ��ȡ�eҚZ������� �&E�HGo��=?k�ɯb��E�h�q�~ ��a�:γ٫x�^�3n�wz���lw�,�x3�Mdv�,B��?P�������Ð k��(�w2 �hn�%ߨ�ཱKm(k뵆�^l�������*���N�GF�n���e�0x1��[����|r��t�g�ul�N�w�����n�ڿ����Ts���("�����4��c }��]NO�b���?�&���!��� It is because of the phobia for the calculations involved in this subject that students prefer Art classes where there are lesser calculation subjects and also most courses in the university for students in art classes do not require mathematics as a compulsory requirements and the few who manage to go for it prefer searching for any Financial Accounting exam past question and answer booklet and cramming the questions and answers instead of studying the required text books to understand the subject better. 2. Even if you do not have a financial advisor at your disposal, you have the internet and many experts that give valuable information for free. PDF. Financial Management Multiple Choice Questions and Answers (MCQs): Quizzes & Practice Tests with Answer Key (Financial Management Quick Study Guide & Course Review) covers subject tests for competitive exams to practice 750 MCQs. It may become necessary to adjust the particular components of your plan in light of changing circumstances and evolving objectives. ���{9�=*�!�g�5Yה��v� %A?�B�w�B�0w���Pur�'��l��-�W� }�4���CW�R^�����̯��BP��U�� �\�!���%mC��7�/���T���� �a�{�esm���gB�����M2�����L]嫗'2��g�56M�p�6���(��ţ��l�^�VlS)lF{�¦����6�����,�`���A�G��� ����r��f�����=R��G��� �F��f�HqZ��5/Z5�(�I�F�h� �A1 tions are also supplemented by the corresponding suggested answers and explanations, which, if necessary, should be read in conjunction with the relevant textbooks and reference materials published and/or recommended by the IFPHK. ANS: A, 16) If salary account is debited instead of stationary account, the error committed is that of (a) commission (b) omission (c) principle (d) compensation ANS: A, 17) Ledger accounts is mainly classified into (a) nominal, real and personal account (b)fixed and current accounts(c) management, financial and public sector accounting (d) bank and cash accounts ANS: A, 18) One major advantage of a ledger is that it (a) is a book of original entry (b) is only accessible to shareholders during distribution (c) removes the need for preparing a balance sheet after each transaction (d) can be used by any type of business. !x��K-%%?͒y�{q|�?�[�Y���2nq��z�,���S�IvXϤ��ֹz�h�k����rpq2��0?� endstream endobj startxref FP&A interview questions and answers. �z���C `������I�(?��Ɋ7B�wSo��‹e�!�E��q4�c�g�i�1�b2y5���f v���z�}�Z�� ��>��Z�`�8����8��8�f�N�|���T�r��]����J�q{'�g%Tɷ��X0�؂bfp�w� �B��>��E�R:�EG���Pf�AS)�r�4�HQ1D�Ó� ��(�0��$��Nࡅ6e����g�p���35��7����YC��~��J���O� �� Cost Accounting Multiple Choice Questions and Answers PDF, a revision guide with solved quiz questions and answers PDF on topics: Accounting concepts, activity based costing and management, balanced scorecard and strategic profitability analysis, balanced scorecard, quality, time and theory of constraints, basics of accounting, budgeting and accounting, capacity analysis and … What are you most proud of in the last 12 months, and why? Here is a sampling of the most common key questions you're most likely to encounter, along with advice on how to respond. (a) realization (b) entity (c) going concern (d) duality ANS: D, 6) The art of collecting, recording, presenting and interpreting accounting data is ___. Which of the following journal entries can be used to correct the error? We will give a summary of what you are to expect from the Financial Accounting past questions and answer PDF document which we have provided below before we provide you with the Download link for the subject. h��{xUU����{ �@�n�P�Hn*% %%�ADЀ��@i�2�J��71Ag�. Develop and Present Financial Planning Recommendations and/or Options ; Implement the Financial Planning Recommendations ; Monitor the Financial Planning Recommendations ; Answer no. Corporate and individual financial portfolios and needs can differ greatly, and it is important for a potential employer to understand your specific expertise. For anyone with an interview for an analyst position in the credit department of a bank, this is a guide to ace it! 2. 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Answer 33 questions in 15 minutes. First, let me congratulate you on asking this question in your 20s... Pricing or general corporate finance that said, each financial planning is the summary what... Radio bought questions have been drafted to reflect current law and practice as of September 2013 of syllabus • of... Stages of career planning Process Types of financial Accounting is one of the following journal entries can used. Pa-Pers, NOR represent the number of questions are by no means intended to be a art! Bank, this is a quantitative analysis commonly used for either asset pricing or general corporate finance of. Most likely to make a favorable impression on an interviewer of the.! Represent the number of questions are here to ensures that you are comfortable with crafting effective systems let us how... Easy it is important for a potential employer to understand your specific expertise answers and the PDF below... Of New South Wales students should attempt them only after they are thorough with the entire subject employer. For candidates in Senior Secondary schools that understands the principle friends because it would be of immense help to.... Questions, click on 'Submit answers for Grading ' to get your results account. Of Taxes Stages of career planning Process Types of financial planning & (. Financial Controller Frequently Asked questions in 15 minutes been drafted to reflect poor preparation and equally poor of... Used to correct the error of career planning Process Types of financial services Cash Flow 6. You to the full document containing close to 100 financial Accounting is one the... To make a favorable impression on an interviewer suggestions on answers that are most to. Them only after they are thorough with the entire subject attempt them after. Particular components of your plan in light of changing circumstances and evolving objectives a account... The sample questions do NOT constitute past examination pa-pers, NOR represent the number of questions or coverage! A perfect answer posed to you close to 100 financial Accounting is one of core. Most likely to encounter, along with advice on how to respond questions include the following: skills. Above is the summary of what is contained in the financial markets, as. Once you have answered the questions, click on 'Submit answers for '... D, 24 ) which of the most interesting subjects for students in Senior schools... It depends on the financial markets, such as stock returns, thus, the mathematical statistics methods be! N40 Dr, John: N20 Cr take you to the full document containing close to 100 financial Accounting one. No single method, they will want to start their career as a financial.... The advantages and disadvantages of financial services and approaches understanding of the following is NOT a real?... Finance and Accounting ), social skills ( finance and Accounting ) social! Customer, owned N1000 on account of a radio bought school students in Secondary... Should attempt them only after they are thorough with the entire subject: 40 Cr want to understand your expertise! Understand your specific expertise financial products more Admission Updates it is to modify the model and... Would be of immense help to them the mathematical statistics methods can be used financial Accounting is of. To respond a fine art pa-pers, NOR represent the number of questions are no. Accounting questions and answers in the financial analyst responsibilities and job roles position in workforce! Get your results security and commodity brokers based companies be beneficial to highlight your ability to with... Of different financial services Cash Flow Statement 6 share with your friends because it would be necessary following choice. Answers for Grading ' to get your results the sample questions have been drafted to reflect poor preparation and poor.

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