This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 104 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 104 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. It is a type of firm individual own a business A) Business. B) Management. C) Enterprise. D) All the above. Show Answer Correct Answer: C) Enterprise. 2. A sum of money paid regularly by a company to it's shareholders out of its Profit A) Debenture. B) Divided. C) Division. D) Dividend. Show Answer Correct Answer: D) Dividend. 3. What out of the following is the effect of optimum capital structure? A) Capital cost-minimum. B) Total value of company-maximum. C) Both (a) and (b). D) Market price of shares minimum. Show Answer Correct Answer: C) Both (a) and (b). 4. If net sales are RM1, 500, 000 and accounts receivable amount to RM300, 000, how long is the average collection period? A) 36.00 days. B) 45.00 days. C) 64.00 days. D) 72.00 days. E) NOT IN THE CHOICES. Show Answer Correct Answer: D) 72.00 days. 5. What caused Byju's financial statements to change and increase their losses? A) Lack of senior financial manager. B) Brand value declines. C) Investor lawsuits. D) Difficulty in paying interest. Show Answer Correct Answer: A) Lack of senior financial manager. 6. Jamie wrote a check to Food Lion for her groceries in the amount of $ 46.29 and wants to know her current balance. Based on the check register below she has $ 437.41, What is Jamie's current balance after the check clears? A) $ 437.41. B) $ 500.00. C) $ 391.12. D) None of above. Show Answer Correct Answer: C) $ 391.12. 7. Company Financial Management regulates A) Funding Activities. B) Investment Activities. C) Dividend Policy. D) All the answers above are correct. Show Answer Correct Answer: D) All the answers above are correct. 8. You dream of endowing a chair in finance at the local university that will provide a salary of $ 150, 000 per year forever, with the first cash flow to be one year from today. If the university promises to invest the money at a rate of 5% per year, how much money must you give the university today to make your dream a reality? A) $ 3, 000, 000. B) $ 15, 000, 000. C) $ 2, 857, 143. D) This question cannot be answered. Show Answer Correct Answer: A) $ 3, 000, 000. 9. How are "creditors" different from "debtors" in a company's financial statements? A) Creditors represent money owed to the company; debtors represent money the company owes. B) Creditors represent money the company owes; debtors represent money owed to the company. C) Creditors and debtors are terms used interchangeably in accounting. D) Creditors represent long-term debts; debtors represent short-term debts. Show Answer Correct Answer: B) Creditors represent money the company owes; debtors represent money owed to the company. 10. What is the compound value of Rs. 10, 000 at the end of 3rd year at 12% interest when interest is calculated on quarterly basis? A) 14050. B) 13500. C) 14260. D) 15430. Show Answer Correct Answer: C) 14260. 11. According to financial experts, what portion of your income should be devoted to needs? A) 50. B) 20. C) 30. D) None of above. Show Answer Correct Answer: A) 50. 12. An accounting period is NOT the period of time reflected by a accounting report. A) True. B) False. Show Answer Correct Answer: B) False. 13. The company's liabilities divided by the owner's equity is the current ratio. A) True. B) False. Show Answer Correct Answer: B) False. 14. When do you accept a project based on the Net Present Value calculation. A) Positive NPV. B) Negative NPV. C) NPV = 0. D) None of above. Show Answer Correct Answer: A) Positive NPV. 15. If you work more than 40 hours per week, what is the extra time called? A) Overtime pay. B) Net pay. C) Gross pay. D) Salary. Show Answer Correct Answer: A) Overtime pay. 16. A sheet of information in the form of a Table, Graph or Diagram A) Form. B) Information. C) Chart. D) Data. Show Answer Correct Answer: D) Data. 17. Increase in finished goods inventory A) Financing Activity. B) Investing Activity. C) Operating Activity. D) None of above. Show Answer Correct Answer: C) Operating Activity. 18. Someone who relies on another for financial support is called? A) Taxpayer. B) Coach. C) Dependent. D) Couch potato. Show Answer Correct Answer: C) Dependent. 19. What is one characteristic of Goals? A) Dynamic. B) Bad. C) Weird. D) Money. E) Family. Show Answer Correct Answer: A) Dynamic. 20. Certificate of deposit is issued by A) (a) Mutual fund companies. B) (b) Reserve Bank of India. C) C) Large Corporate House. D) D) Commercial bank and development financial institution. Show Answer Correct Answer: D) D) Commercial bank and development financial institution. ← PreviousNext →Related QuizzesManagement QuizzesFinancial Management Quiz 1Financial Management Quiz 2Financial Management Quiz 3Financial Management Quiz 4Financial Management Quiz 5Financial Management Quiz 6Financial Management Quiz 7Financial Management Quiz 8Financial Management Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books