Analysis of MMA financial statements

Question 1





Data for external financial analysis can be presented:

a. only in kind

b. only in terms of value

c. in any expression

d. only in the form of arbitrary units of measurement



Question 2





Insert the missing qualitative method of financial analysis: “horizontal analysis, factor analysis method, comparative analysis, vertical analysis, trend analysis…”:

a. financial ratio method

b. descriptive comparison method

c. financial ratio method

d. accounting method

e. forecasting method



Question 3





Accounting methods:

a. relate to qualitative methods of financial analysis

b. do not apply to methods of financial analysis

c. refer to quantitative methods of financial analysis

d. relate to economic and mathematical methods for evaluating the financial statements of an enterprise



Question 4





Comparative analytical net balance is formed by:

a. transferring a number of regulatory items from an asset to a liability of the balance sheet and combining other balance sheet items

b. only combining a number of balance sheet items

c. exclusion of duplicate indicators from financial statements

d. combining a number of asset and liability items of the balance sheet and deleting the “Losses” section

e. exclusion of regulatory items and amalgamation of a number of other balance sheet items



Question 5





Operational analysis and planning of the enterprise's activities are more typical for:

a. external financial analysis

b. analysis of the financial stability of the enterprise

c. horizontal analysis

d. internal financial analysis

e. analysis of the comparative analytical balance-net



Question 6





Which of the following groups of users of financial analysis does not belong to internal:

a. accountants

b. creditors

c. controlling shareholders

d. internal auditors

e. management staff



Question 7





The percentage of inflation has the greatest impact on the results:

a. factor analysis

b. vertical balance

c. horizontal balance



Question 8





Use of internal accounting data:

a. is the basis for the formation of recommendations based on the results of an express analysis of financial statements

b. not required for express analysis of financial statements

c. mandatory for express analysis of financial statements

d. required only at the final stage of express analysis of financial statements



Question 9





Cash and short-term financial investments of the enterprise include:

a. non-current assets

b. current tangible assets

c. current intangible assets



Question 10





For any enterprise, the following condition is met:

a. (Equity - Non-current assets) > Current assets


b. Current assets > (Long-term liabilities + Short-term liabilities)


c. Non-current assets + Current assets = Equity + Long-term liabilities + Short-term liabilities



Question 11





The characteristic of relative growth/decrease rates of indicators is made on the basis of:

a. enterprise balance sheet

b. vertical balance

c. horizontal balance



Question 12





Current assets of the enterprise do not include:

a. enterprise stocks

b. accounts receivable

c. long-term financial investments

d. unfinished production



Question 13





Comparative analytical net balance indicators do not include:

a. structural dynamics indicators

b. structure indicators


c. trend analysis indicators

d. dynamics indicators



Question 14





State regulatory bodies include:

a. external interested users

b. external third party users

c. internal users



Question 15





As part of express analysis, the following is usually performed:

a. calculation and analysis of production indicators expressed in natural units of measurement

b. estimate of average monthly cash balances

c. assessment of the real value of receivables

d. calculation and analysis of key financial indicators



Question 16





Stock