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Financial Management Quiz 47 (30 MCQs)

Quiz Instructions

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1. ABC Corporation issued and sold 10 shares of stock to Irene Investor, a private individual. This represents a secondary market transaction.
2. Types of Investment decisions
3. When you withdraw money from your checking account, this is called a/n .....
4. This tax includes two separate taxes:Social Security and Medicare
5. Merger of two or more companies or business undertaking to form new company means
6. A CFO is responsible for all financial activities of the company
7. Which of the following is component in cash receipt.
8. You recently sold 2000 shares of Petronas Bhd to your friend. This is an example of a primary market transaction.
9. Preparation of a detailed, comprehensive and personalized plan for each company in which the objectives to be achieved and the costs that this will entail are determined, the resources that will be necessary are identified and a deadline is set to make them a reality.
10. What document gives rights to hold assets on someone else's behalf
11. Which method of bill payment is programmed to pay the same amount to your lender each month on the same date?
12. ..... is the example of a financial decision.
13. ..... and utilization of funds are the finance function
14. The decision related to distribution of residual profit is called
15. An interest rate that may change depending on other factors, such as the prime rate.
16. Corporations that accept money from savers andthen use these funds to buy stocks, long-term bonds, or short-term debt instruments issued by businesses or government units
17. Which of the following figure is irrelevant while calculating cost of redeemable preference shares?
18. Out of which affects Financial management:
19. ..... means the organization should operate efficiently in order to maximize the value of the stock price hence increase the shareholders confidence level.
20. Financial statements that have not undergone external auditing procedures may prove to be inaccurate or worse, fraudulent hence, do not fairly present the company's financial condition.
21. Acquire assets should be recorded at their actual hitorical cost.
22. This means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise.
23. The following are all characteristeristics of a security finance except:
24. Commercial Banks normally provide short-term finance which is payable within a week.
25. What does the term "capital gearing" refer to in finance?
26. Which is the most important decision?
27. Caleb is buying a new surfboard for $ 670.00, he has only 5 months to save, what does he need to save each month?
28. Which of the following are financial assets?
29. Focal point in Financial Management is
30. What is the meaning of wants?
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