AND OA 200 QUESTIONS 2025 UPDATE
CERTIFICATION EVALUATION 2026
SOLVED QUESTIONS AND SOLUTIONS
GRADED A+
⩥ Personal Finance. Answer: An area of finance. Managing individual or
household financial activities (e.g., budgeting, investing).
⩥ Public Finance. Answer: An area of finance. Government financial
management, including taxation and budgeting.
⩥ Business Finance. Answer: An area of finance. Managing company
finances, including investment decisions, risk management, and raising
capital.
⩥ A role in business finance. Answer: Using financial ratios to manage
the business
⩥ A role in business finance. Answer: Applying skills with time value of
money to determine which projects to invest in
, ⩥ A role in business finance. Answer: Controlling the risk associated
with projects by computing the cost of capital to determine how to fund
the chosen projects
⩥ Accounting Focus. Answer: Recording and reporting financial
transactions
⩥ Accounting Main Activities. Answer: Preparing financial statements,
tax returns, and audits
⩥ Accounting Time Orientation. Answer: Accounting Time Orientation
⩥ Accounting Key Outputs. Answer: Balance sheets, income statements,
cash flow statements
⩥ Accounting Objective. Answer: Ensuring financial accuracy,
transparency, and compliance
⩥ Accounting Regulations. Answer: Governed by standards like the
Generally Accepted Accounting Principles (GAAP) or International
Financial Reporting Standards (IFRS)
⩥ Accounting Primary Users. Answer: Internal and external stakeholders
(e.g., management, investors, regulators)