Question 8

Financial analysis is best described as:

Group of answer choices

The analysis performed by the financial manager and then relayed to external stakeholders.

The analysis performed by rating agencies then sold to companies interested in their own financial health.

The analysis performed both within a company and outside the company by interested stakeholders.

The analysis performed only inside the firm and not including analysis performed by outside interested parties.

Question 9

A cash flow spreadsheet is used to:

Group of answer choices

Make sure that past cost are considered when making a business decision.

Incorporate the fixed costs associated with a business decision.

Summarize the cash flows associated with a business decision.

Include the accrual accounting numbers associated with a business decision.

Question 10

costs change with sales; costs do not.

Group of answer choices

Sunk; total

Fixed; variable

Variable; fixed

Average; marginal