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Answer the following multiple-choice questions regarding business management and finance.
ScanSolve AI Answer
Here are the answers to the multiple-choice questions:
33. Key component in financial projection is:
- A. Market analysis
34. Providing monetary value to employees is:
- B. Compensation
35. Identifying and attracting job seekers is:
- D. External recruitment
36. The most critical step in selection is:
- D. Employment interview
37. The resources that include cash, buildings, and equipment are called:
- C. Capital resources
38. Raw materials used in production such as timber, cocoa, and minerals are:
- B. Natural resources
39. The ability of an entrepreneur to coordinate all factors of production is a:
- D. Entrepreneurial resource
40. Which of the following is a major importance of enterprise resources?
- B. Enables production of goods and services
41. The method of investment appraisal that considers the time value of money is:
- C. Net present value (NPV)
42. The investment appraisal method that measures how long it takes to recover initial capital is:
- C. Payback period
43. The formula for ARR is:
- B. Average profit Initial capital
44. The government office responsible for business registration in Cameroon is the:
- B. One-Stop Shop (Centre de Formalités de Création d'Entreprises - CFCE)
45. The document that gives a business legal permission to operate is the:
- C. Certificate of incorporation
46. The first step in registering a business name in Cameroon is:
- B. Name search and reservation
47. Bookkeeping is mainly concerned with:
- C. Recording financial transactions
48. The book used to record transactions in chronological order is the:
- B. Journal
49. Production system where goods are produced when needed is:
- D. Just-in-time
50. Producing goods in lots is:
- A. Batch production
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