The Financial Analysis Test Quiz! Trivia

12 Questions | By Smith457 | Last updated: Mar 21, 2022 | Total Attempts: 282

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The Financial Analysis Test Quiz! Trivia - Quiz

The financial analysis test quiz trivia! Finance is not all about making money and investing anywhere. There are a number of factors that one needs to look into so as to ensure that financial decisions are correct. How informed are you about the markets, investment payoff and how to ensure a project is worth taking. Test your financial understanding by taking the interesting quiz below and seeing what you should read more on!

Questions and Answers

1.

Approximately what percentage of the world's gross domestic product is spent on projects?
- A.
  
  10%
- B.
  
  25%
- C.
  
  50%
2.

Which of the following is not an attribute of a project?
- A.
  
  Meeting scope goals
- B.
  
  Projects involve no uncertianty
- C.
  
  Projects are developed using progressive elaboration
3.

Which of the following is not part of the triple constraint of project management?
- A.
  
  Meeting cost goals
- B.
  
  Meeting time goals
- C.
  
  Meeting communication goals
4.

What is the most significant characteristic or attribute of an effective project manager?
- A.
  
  Is a strong communicator
- B.
  
  Leads by example
- C.
  
  Is decisive
5.

The last step in the four-stage planning process for projects is_________
- A.
  
  Resource allocation
- B.
  
  Project planning
- C.
  
  Strategic annalysis
6.

Which of the following statements is false concerning the financial analysis of projects?
- A.
  
  The higher the net present value the better
- B.
  
  The required rate of return is the discount rate that results in an NPV of zero for the project
- C.
  
  ROI is the result of subtracting the project costs fringe benefits and then dividing by the costs.
7.

Which of the following is not a major benefit of grouping projects into programs?
- A.
  
  Increasing revenues
- B.
  
  Increasing authority
- C.
  
  Saving money
8.

In which of the five project management process groups are the most time and money usually spent?
- A.
  
  Initiating
- B.
  
  Planning
- C.
  
  Executing
9.

The best or "alpha" project managers spend more time on every process group than other project managers except for which one?
- A.
  
  Planning
- B.
  
  Executing
- C.
  
  Monitoring and controlling
10.

What document provides justification for investing in a project?
- A.
  
  Project charter
- B.
  
  Business case
- C.
  
  Stakeholder register
11.

What document formally recognizes the existence of a project and provides direction on the project's objectives and management.
- A.
  
  Project charter
- B.
  
  Business case
- C.
  
  Stakeholder management strategy
12.

Which project document should not be made available to all key project stakeholders due to its sensitive nature?
- A.
  
  Project charter
- B.
  
  Stakeholder register
- C.
  
  Stakeholder management strategy