1
NOCTI: FINANCIAL AND INVESTMENT PLANNING WITH
PRACTICAL QUESTIONS AND ANSWERS AND BEST GRADED
YEAR 2025/2026
Occupational Outlook Handbook (OOH) - answers-A publication of the United States Department of
Labor's Bureau of Labor Statistics that includes information about the nature of work, working
conditions, training and education, earnings, and job outlook for hundreds of different occupations.
Career Outlook - answers-The number of jobs that will be available in a certain field
internship - answers-A position in which a person receives training by working with people who are
experienced in a particular field.
How to utilize customer service skills to work effectively with customers? - answers--surveys
-informations on customer
-expending habits
-demographic
-psychographics
How to perform accounting function with computers and related software? - answers--excel
-journal entries
-balance sheets
-financial documents
The balance according to the bank statement is $35,782. Outstanding checks total $19,573. Deposits
in transit total $7,210. What is the adjusted bank balance? - answers-$23,419
An invoice dated on March 10 with the terms 3/60, n/90 means that a 3 percent discount will be
given if the invoice is paid on or before - answers-May 9
What is a non-taxable source of income? - answers-Child support payments
, 2
What are examples of good accounting skills? - answers--business knowledge
-tech. skills
-communication skills
-leadership
Top Five Skills? - answers--big data analysis
-coding and programing
-project management
-social media experience
-technical writing
Asset - answers-property owned by a person or company, regarded as having value and available to
meet debts, commitments, or legacies.
Equity - answers-the value of the shares issued by a company.
Liability - answers-a thing for which someone is responsible, especially a debt or financial obligation.
Capital - answers-wealth in the form of money or other assets owned by a person or organization or
available or contributed for a particular purpose such as starting a company or investing.
Investment - answers-The action of process of investing money for profit or material result.
Stock - answers-the goods or merchandise kept on the premises of a business or warehouse and
available for sale or distribution.
Balance Sheet - answers-a statement of the assets, liabilities, and capital of a business or other
organization at a particular point in time, detailing the balance of income and expenditure over the
preceding period.
Income Statement - answers-A financial statement showing the revenue and expenses for a fiscal
period.
, 3
How do use accounting procedures in a financial environment? - answers--bookkeeping
-month-end close
-taxes
-payroll
-personal finances
How do you employ marketing procedures to forward organizational goals? - answers--to promote
the business
-earn more customers
-earn revenue by drawing customers in
Statement of Cash Flows - answers-A financial statement that provides financial information about
the cash receipts and cash payments of a business for a specific period of time.
Statement of Owner's Equity - answers-record of the change in owners' equity from the end of one
fiscal period to the end of the next
Net income - answers-the difference between total revenue and total expenses when total revenue
is greater
Bond - answers-A debt instrument, a bond is essentially a loan that you are giving to the government
or a company in exchange for a pre-set interest rate.
Stock - answers-A type of investment that gives you partial ownership of a publicly traded company.
Mutual Fund - answers-An investment vehicle that allows you to invest your money in a
professionally-managed portfolio of assets that, depending on the specific fund, could contain a
variety of stocks, bonds, or other investments.
Exchange-traded fund (ETF): - answers-Funds - sometimes referred to as baskets or portfolios of
securities - that trade like stocks on an exchange. When you purchase an ETF, you are purchasing
shares of the overall fund rather than actual shares of the individual underlying investments.
NOCTI: FINANCIAL AND INVESTMENT PLANNING WITH
PRACTICAL QUESTIONS AND ANSWERS AND BEST GRADED
YEAR 2025/2026
Occupational Outlook Handbook (OOH) - answers-A publication of the United States Department of
Labor's Bureau of Labor Statistics that includes information about the nature of work, working
conditions, training and education, earnings, and job outlook for hundreds of different occupations.
Career Outlook - answers-The number of jobs that will be available in a certain field
internship - answers-A position in which a person receives training by working with people who are
experienced in a particular field.
How to utilize customer service skills to work effectively with customers? - answers--surveys
-informations on customer
-expending habits
-demographic
-psychographics
How to perform accounting function with computers and related software? - answers--excel
-journal entries
-balance sheets
-financial documents
The balance according to the bank statement is $35,782. Outstanding checks total $19,573. Deposits
in transit total $7,210. What is the adjusted bank balance? - answers-$23,419
An invoice dated on March 10 with the terms 3/60, n/90 means that a 3 percent discount will be
given if the invoice is paid on or before - answers-May 9
What is a non-taxable source of income? - answers-Child support payments
, 2
What are examples of good accounting skills? - answers--business knowledge
-tech. skills
-communication skills
-leadership
Top Five Skills? - answers--big data analysis
-coding and programing
-project management
-social media experience
-technical writing
Asset - answers-property owned by a person or company, regarded as having value and available to
meet debts, commitments, or legacies.
Equity - answers-the value of the shares issued by a company.
Liability - answers-a thing for which someone is responsible, especially a debt or financial obligation.
Capital - answers-wealth in the form of money or other assets owned by a person or organization or
available or contributed for a particular purpose such as starting a company or investing.
Investment - answers-The action of process of investing money for profit or material result.
Stock - answers-the goods or merchandise kept on the premises of a business or warehouse and
available for sale or distribution.
Balance Sheet - answers-a statement of the assets, liabilities, and capital of a business or other
organization at a particular point in time, detailing the balance of income and expenditure over the
preceding period.
Income Statement - answers-A financial statement showing the revenue and expenses for a fiscal
period.
, 3
How do use accounting procedures in a financial environment? - answers--bookkeeping
-month-end close
-taxes
-payroll
-personal finances
How do you employ marketing procedures to forward organizational goals? - answers--to promote
the business
-earn more customers
-earn revenue by drawing customers in
Statement of Cash Flows - answers-A financial statement that provides financial information about
the cash receipts and cash payments of a business for a specific period of time.
Statement of Owner's Equity - answers-record of the change in owners' equity from the end of one
fiscal period to the end of the next
Net income - answers-the difference between total revenue and total expenses when total revenue
is greater
Bond - answers-A debt instrument, a bond is essentially a loan that you are giving to the government
or a company in exchange for a pre-set interest rate.
Stock - answers-A type of investment that gives you partial ownership of a publicly traded company.
Mutual Fund - answers-An investment vehicle that allows you to invest your money in a
professionally-managed portfolio of assets that, depending on the specific fund, could contain a
variety of stocks, bonds, or other investments.
Exchange-traded fund (ETF): - answers-Funds - sometimes referred to as baskets or portfolios of
securities - that trade like stocks on an exchange. When you purchase an ETF, you are purchasing
shares of the overall fund rather than actual shares of the individual underlying investments.
