CFI CBCA Core Course Exam COMPLETE
QUESTION AND ANSWER 100% Guaranteed Pass
CFI CBCA Core Course Assessments & Quizzes
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Terms in this set (223)
What is the main goal of using To reduce mental effort
business writing fundamentals?
Which of the following statements The net profit margin ratio is high.
describes a "Capacity" strength or
weakness for a company in the 5 Cs
of credit framework?
Which of the following statements The risks associated with the industry are high.
describes a "Condition" strength or
weakness for a company in the 5 Cs
of credit framework?
Which of the following scenarios Financial reports are not widely shared and
would NOT be considered a strength performance measures have not been identified.
when assessing the management
team as part of evaluating a
company's character?
,Which of the following ratios most High asset turnover ratio
likely indicates strong "Capacity" for
a company?
Select the correct formula to Operating Margin Ratio = EBIT / Revenue
calculate the operating margin ratio.
Select the correct formula to Inventory Turnover Ratio = Cost of Goods Sold /
calculate the inventory turnover Average Inventory
ratio.
Which of the following most likely Unutilized lines of credit or loans
indicates strong "Capital" for a
company?
Which of the following statements on Collateral can be used as the main determinant of
collateral is NOT correct? a credit decision.
Which of the following tools or PEST analysis
methods is used to assess the
general business environment?
Select the loan contract with the A demand loan with monthly payments secured by
lowest risk. assets
Which is not one of the three main Statement of equity
financial statements?
What does the balance sheet The financial strength of the business
indicate?
Financing activities Issuing shares and bonds
, Operating activities Payments to suppliers; Depreciation and
amortization expense
Investing activities Buying and selling equipment
Which is not a section in the financial Management discussion and analysis
statement note disclosures?
Balance Sheet Retained earnings; Share captial
Income Statement Rent expense
Cash Flow Statement Sale of property, plant and equipment
If a company has net assets equal to $2.1 million
$3.25 million but is sold for $5.35
million, how much goodwill does the
acquirer record on their balance
sheet?
Intangible assets Items of value, which have no physical substance,
that are used to generate revenues
Authorized shares The total number of shares a company can sell
Contingencies Events that may or may not happen, depending on
certain circumstances
Commitments Future obligations that a company has agreed to
QUESTION AND ANSWER 100% Guaranteed Pass
CFI CBCA Core Course Assessments & Quizzes
Save
Terms in this set (223)
What is the main goal of using To reduce mental effort
business writing fundamentals?
Which of the following statements The net profit margin ratio is high.
describes a "Capacity" strength or
weakness for a company in the 5 Cs
of credit framework?
Which of the following statements The risks associated with the industry are high.
describes a "Condition" strength or
weakness for a company in the 5 Cs
of credit framework?
Which of the following scenarios Financial reports are not widely shared and
would NOT be considered a strength performance measures have not been identified.
when assessing the management
team as part of evaluating a
company's character?
,Which of the following ratios most High asset turnover ratio
likely indicates strong "Capacity" for
a company?
Select the correct formula to Operating Margin Ratio = EBIT / Revenue
calculate the operating margin ratio.
Select the correct formula to Inventory Turnover Ratio = Cost of Goods Sold /
calculate the inventory turnover Average Inventory
ratio.
Which of the following most likely Unutilized lines of credit or loans
indicates strong "Capital" for a
company?
Which of the following statements on Collateral can be used as the main determinant of
collateral is NOT correct? a credit decision.
Which of the following tools or PEST analysis
methods is used to assess the
general business environment?
Select the loan contract with the A demand loan with monthly payments secured by
lowest risk. assets
Which is not one of the three main Statement of equity
financial statements?
What does the balance sheet The financial strength of the business
indicate?
Financing activities Issuing shares and bonds
, Operating activities Payments to suppliers; Depreciation and
amortization expense
Investing activities Buying and selling equipment
Which is not a section in the financial Management discussion and analysis
statement note disclosures?
Balance Sheet Retained earnings; Share captial
Income Statement Rent expense
Cash Flow Statement Sale of property, plant and equipment
If a company has net assets equal to $2.1 million
$3.25 million but is sold for $5.35
million, how much goodwill does the
acquirer record on their balance
sheet?
Intangible assets Items of value, which have no physical substance,
that are used to generate revenues
Authorized shares The total number of shares a company can sell
Contingencies Events that may or may not happen, depending on
certain circumstances
Commitments Future obligations that a company has agreed to
