Financial Analyst 2 Interview Questions and Answers

Amortization is the process of spreading out the cost of an asset over its useful life.

• It is a non-cash expense that reduces the value of an asset over time

• It is placed in the operating activities section of the cash flow statement

• Examples include the amortization of intangible assets like patents and trademarks

• It is different from depreciation which is used for tangible assets like buildings and equipment

KPIs are key performance indicators that measure the success of a business. Depreciation is the decrease in value of an asset over time.

• KPIs are used to track progress towards specific goals and objectives

• Examples of KPIs include revenue growth, customer satisfaction, and employee turnover rate

• Depreciation is a non-cash expense that reflects the wear and tear of an asset over time

• Examples of assets that can be depreciated include buildings, vehicles, and equipment

• Depreciation...read more