1) What key metrics does the business owner want in the financial report? a) revenrevenue and inventory b) revenue, expenses, and profit c) revenue, profit, and sales forecasts d) only expenses 2) Which document is collected to determine revenue information? a) sales invoices b) expense vouchers c) inventory sheets d) payroll reports 3) What types of expenses are included in the cost collection process? a) only material costs b) inventory costs c) rent, utilities, salaries, and social security d) only bank-related expenses 4) What step will ensure data accuracy before finalizing the report? a) Using complex technical terms b) Estimating revenue c) Comparing data with original documents and double-checking formulas d) Relying solely on software calculations 5) tada a) x2 points b) 0 points 6) Which types of charts will be used to visualize financial data? a) Scatter plots and histograms b) Tables only c) Bar charts, line charts, and pie charts d) Flowcharts and organizational charts 7) tada a) give points to others b) take points from others 8) How should the financial report be presented to ensure clarity for management? a) In a detailed, technical language b) With a focus on complex data analysis c) In a clear, easy-to-understand format with summaries and charts d) Only in text form 9) Which software is suggested for organizing financial data? a) MS Word b) Excel/Google sheets c) Notepad d) PowerPoint 10) What should be recorded on the inventory sheet for the end of the quarter? a) the total number of sales b) the ending inventory count c) the list of expenses d) the number of employees 11) tada a) give points to others b) +1 12) Which formula would be used to calculate the gross profit? a) Total revenue - Total expenses b) Total revenue - Cost of Goods Sold (COGS) 13) How will data be structured in the Excel sheet for revenue tracking? a) Only dates and product names b) Sales date, product code, product name, quantity, unit price, total amount, and payment method c) Just quantity and unit price d) Only product codes
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