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HBR 20-Minute Manager Boxed Set (10 Books) (HBR 20-Minute Manager Series)
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HBR 20-Minute Manager Boxed Set (10 Books) (HBR 20-Minute Manager Series)

by Harvard Business Review
May 2015
Beginner
1244 pages
13h 49m
English
Harvard Business Review Press
Content preview from HBR 20-Minute Manager Boxed Set (10 Books) (HBR 20-Minute Manager Series)
91
Test Yourself
B
elow you’ll fi nd 10 multiple-choice questions
to help you assess your knowledge of fi nance
and budgeting essentials. Answers appear af-
ter the test.
1. If you want to recognize the costs connected
to a sale during the period when the sale
was made, which accounting method would
you use?
a. Accrual accounting
b. Cash-based accounting
H6416.indb 91H6416.indb 91 12/19/13 9:41 AM12/19/13 9:41 AM
Finance Basics
92
2. Which of the following would be considered
part of cost of goods sold, or COGS?
a. Administrative employee salaries
b. Sales and marketing costs
c. Rents
d. Labor costs for assembling the product
e. Advertising costs
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Publisher Resources

ISBN: 9781633690967