• 20 hours
  • Hard

Free online content available in this course.

course.header.alt.is_video

course.header.alt.is_certifying

Got it!

Last updated on 10/26/21

Quiz 2

Log in or subscribe for free to enjoy all this course has to offer!

Evaluated skills

  • Identify a company's explicit expenses
  • Understand the concept of fixed costs
  • Understand the standards for financial statements
  • Question 1

    In the following list, identify the items that correspond to a type of expense explicitely taken into account in the expense matrix. Which ones are they ? 

    Careful, there are several correct answers.
    • Investments

    • Recurrent expenses (subscription)

    • Operational expenses

    • Non recurrent expenses

    • People

    • Social taxes

  • Question 2

    What is the meaning of fixed costs in financial projections ?

    • We consider that fixed costs don’t exist, but every cost should be treated as variable. 

    • You have to assess them as accurately as possible

    • You mustn’t take them into account at the beginning

    • You have to group them in one single line

  • Question 3

    Among the following financial statements, which one is not mandatory?

    • P&L

    • Break Even

    • Balance Sheet

    • Cash Flow projections