Adventis fmc - Study guides, Class notes & Summaries

Adventis FMC Level 1 MC Practice Questions and Answers with complete solution

what is the purpose of the income statement? What does it indicate? - to show stakeholders if the firm made or lost money during the period being reported it indicates how revenues are transformed into net income define: Revenue - the amount charged for the delivery of goods and services define: COGS - direct costs of producing revenue define: Operating Expense - all other expenses required to run the business what does Operating Income indicate? -what is the other word for it? - Op i...

what is value - what people are willing to pay for (what the buyer pays) who said, "Value is what people are willing to pay for" - John Naisbitt 2 primary types of valuation - 1. relative valuation 2. intrinsic valuation relative valuation refers to what - methods that compare the price of a company to the market value of similar assets intrinsic value refers to what - the value of a company through fundamental analysis without reference to its market value but instead around its abilit...

what is value - what people are willing to pay for (what the buyer pays) who said, "Value is what people are willing to pay for" - John Naisbitt 2 primary types of valuation - 1. relative valuation 2. intrinsic valuation relative valuation refers to what - methods that compare the price of a company to the market value of similar assets intrinsic value refers to what - the value of a company through fundamental analysis without reference to its market value but instead around its abilit...

Adventis FMC Level 2 Exam 2024 Questions and Answers Already Passed

Adventis FMC Level 2 Questions and Answers with complete solution

Adventis FMC Level 1 Exam 2024 Actual Questions and Answers with complete solution financial statement communicates what? - Answer ️️ -- financial condition - results of operations - various other activities of an organization how board of directors use financial data... - Answer ️️ -- hold management accountable - make board-level decisions about corporate strategy how company management uses financial data... - Answer ️️ -- measure performance - make strategic, operating a...

Adventis FMC Level 1 MC Practice Questions and Answers with complete solution what is the purpose of the income statement? What does it indicate? - Answer ️️ -to show stakeholders if the firm made or lost money during the period being reported it indicates how revenues are transformed into net income define: Revenue - Answer ️️ -the amount charged for the delivery of goods and services define: COGS - Answer ️️ -direct costs of producing revenue define: Operating Expense - ...

financial statement communicates what? - ans - financial condition - results of operations - various other activities of an organization how board of directors use financial data... - ans - hold management accountable - make board-level decisions about corporate strategy how company management uses financial data... - ans - measure performance - make strategic, operating and financial decisions how creditors use financial data... - ans - measure creditworthiness - ...