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Financial Fitness: Profit & Loss
Complete the following quiz and answer 2 out of 3 questions correctly in order to receive your professional development credit. Your certificate will automatically be sent to the email provided below.
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Your email
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Your answer
A P&L is most useful when created how often?
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1 point
Yearly
Monthly
Weekly
Never
A profit and loss statement should show each category of cost and income and provide the details contributing to each
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1 point
True
False
If your P&L shows a significant loss from lower participation, what should you do?
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1 point
Tell your boss you don’t think it will be a problem
Create a presentation with the facts of why participation is lower
Cut your labor cost
Do nothing, it will improve next month
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