Test Financial projections

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Test Financial projections

QUESTION 1: WHICH OF THESE IS NOT ONE OF THE OBJECTIVES OF FINANCIAL PROJECTIONS?

QUESTION 2: WHAT DO WE NOT COUNT ON TO MAKE SALES PROJECTIONS AS A NEW COMPANY?

QUESTION 3: WHAT PERCENTAGE OF THE EXPENSE BUDGET SHOULD BE SET ASIDE FOR UNFORESEEN EXPENSES?

QUESTION 4: WHAT IS THE LAST STEP IN MAKING YOUR FINANCIAL PROJECTIONS?

QUESTION 5: WHAT PERCENTAGE OF NEW VENTURES FAIL?

QUESTION 6: DO YOU NEED TO HAVE AT LEAST A BASIC UNDERSTANDING OF THE FINANCIAL ASPECTS OF YOUR BUSINESS TO BE SUCCESSFUL?

QUESTION 7: IN WHICH STEP OF THE FINANCIAL PROJECTIONS DO YOU TAKE INTO ACCOUNT THE COMPARISON OF PRODUCTION WITH PROFITS?

QUESTION 8: WHAT POINT OF VIEW SHOULD YOU USE WHEN PREPARING YOUR BUSINESS PLAN?

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