Assess Your Financial Management Skills (Financial Planning, Strategy, and Investments)

What resources can be invested?

List the Options in the correct order below and the quiz plugin will randomize and shuffle the list

A financial strategy is not only managing an organization’s finances but managing with the intention to succeed in attaining the organization’s long-term .

Therefore, a good financial strategy combines planning and planning, promoting achievement of goals through careful, planned investment.

Which of the following components are an important part of a financial plan:

Mix and Match

An overview of your current business financials and projections for growth. Think of any documents that represent your current monetary situation as a snapshot of the health of your business, and the projections being your future expectations.
Entails not only managing an organisation's finances but managing with the intention to succeed in attaining the organisation's long-term goals and objectives. Therefore, it combines financial planning and strategic planning, promoting achievement of goals through careful, planned investment.
An asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth. It involves putting capital to use today in order to increase its value over time.