Financial Risk Questionnaire
Every time you or your company invests in a new project or venture, it is classified as a financial risk. Spending money to make more money is a risk. Whenever analysts are called upon to verify the viability of an undertaking, they are supposed to come up with a report that is based on a financial risk questionnaire. This should spell out the key areas that will be of benefit and the conditions to be maintained to prevent a loss from occuring. Companies spend millions in research or marketing, hoping that this will attract more business and plough back more than what was spent initially. See a sample Financial Risk Questionnaire below;
Head of Department (HOD) ________________________________
How would you describe your budgetary allocation? (Tick the appropriate answer)
Miniature compared to what needs to be done________
What do you feel should be the key signs of an effective budget?
Management or supervisory attention to the budget______________
A need for complete participation by all levels of management within the company_________
Well drafted estimates_____________
Corrected variances between premeditated performance and budget objectives_____________
Was the market research and project proposal done in a thorough manner?
The team totally outdid itself; exceptional results______________________
They evaluated different scenarios gave different credence to the proposal_____________________
Left a lot to be desired___________________
What factors will ensure a constant cash flow for the budget to meet financing of all risks?
Confident reliance on short term debt__________
Lowered discounts __________
Old receivables and other pending payments_____________
Category: Finance Questionnaire