Test prepared by Xaydarov Elbek hba-81i How do business expenses affect financial results?

TEST
Prepared by Xaydarov Elbek HBA-81i
How do business expenses affect financial results?

1. 
   inversely proportional *
   
2. 
   proportional
   
3. 
   doesn’t affect
   

2. What is a synthetic indicator that describes the financial results of enterprises?

1. 
   Gross profit
   
2. 
   Operating profit and net profit
   
3. 
   Gross profit and loss *
   

3.What are the three primary objectives of procurement?

1. 
   Reducing risk and meeting customer expectations
   
2. 
   Obtaining the best valu for money
   
3. 
   Both of them *
   

4. What is the process of contract negotiation?

1. 
   the process of coming to an agreement on a set of legally binding terms *
   
2. 
   the process of coming to an agreement on a set of illegally binding terms
   
3. 
   the process of coming to an agreement on a single binding term
   

5.What is the primary objective of an audit of accounting and payment processes?

1. 
   Ensuring compliance with tax regulations
   
2. 
   Identifying fraudulent activities
   
3. 
   Evaluating internal controls
   
4. 
   Assessing financial performance
   

6.Which of the following is an example of a control in the accounting and payment process?

1. 
   Conducting bank reconciliations
   
2. 
   Approving budget allocations
   
3. 
   Developing marketing strategies
   
4. 
   Implementing cost reduction initiatives
   

7. 
   The purpose of conducting a walkthrough in the accounting and payment process is to:
   

1. 
   Review financial statements
   
2. 
   Identify potential conflicts of interest
   
3. 
   Assess the effectiveness of internal controls
   
4. 
   Evaluate customer creditworthiness
   

7.