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IT Management Slideshow: CIO Quiz: Test Your Finance Smarts

By Dennis McCafferty  |  Posted 02-14-2012
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Question 1:

The fundamental mathematical formula of any balance sheet is ...
We know that even an informal conversation with your CFO can make your head spin - given all of the finance jargon that your top money man likes to sprinkle into even casual chats. (Do you think they do this on purpose?) Still, given that you must work closely with your company's finance execs - and may even directly report to the CFO - a firm command of financial terms can only benefit your career. With this in mind, we present these ten quiz questions to test your knowledge about balance sheets. The balance sheet, after all, serves as the fiscal bible for any company. Our questions here are taken from the book "Seeing the Big Picture: Business Acumen to Build Your Credibility, Career, and Company" (Greenleaf Book Group Press/available in March). In addition to detailed nuances of the balances sheet, author Kevin Cope explores the five key drivers of business: cash, profits, assets, growth and people. Cope is president/CEO of Acumen Learning, a business-training company. For more about the book,click here. Test your smarts with our quiz. As always, no help from Google allowed:
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.
 
 

 

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