This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 110 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 110 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The primary role of a financial institution is to act as the link between the depositors who have the money and the borrowers who need the money. A) True. B) False. Show Answer Correct Answer: A) True. 2. Receivables Management deals with ..... Collection. A) Creditors. B) Debtors. C) Working Capital. D) None. Show Answer Correct Answer: B) Debtors. 3. Is financial capital provided to early-stage, high-potential, high risk, growth start-up companies. A) Venture capital. B) Automated teller machine. C) Telebank. D) Credit cards. Show Answer Correct Answer: A) Venture capital. 4. The creditor's claims to the assets of the business A) Assets. B) Accounts payable. C) Owner's equity. D) Liabilities. Show Answer Correct Answer: D) Liabilities. 5. Calculate Degree of Combined Leverage from the following data:-Sales 50, 000 units @ RM 4 Per unitVariable Cost per unit 40% from sales priceFixed Costs Rm 100, 000Interest charges RM 3668 A) 7.35. B) 6. C) 1.22. D) 5.22. Show Answer Correct Answer: A) 7.35. 6. Which of the following is the wrong key component in SMART financial goals? A) T-Time-bound. B) S-Systematic. C) A-Achievable. D) R-Realistic. E) M-Measureable. Show Answer Correct Answer: B) S-Systematic. 7. The Bursa Malaysia is an example of a primary market A) TRUE. B) FALSE. Show Answer Correct Answer: B) FALSE. 8. ..... is concerned with the maximization of a firm's stock price. A) Shareholder wealth maximization. B) Profit maximization. C) Stakeholder welfare maximization. D) EPS maximization. Show Answer Correct Answer: A) Shareholder wealth maximization. 9. From the investors point of view the cost of capital is A) Yield of capital sacrifice. B) Market value. C) Interest rates. D) None of these. Show Answer Correct Answer: A) Yield of capital sacrifice. 10. The cost of capital plays a central role in FM because it provides link between ..... &financial decision of a firm?. A) Capital structure. B) Investment. C) Cash. D) None of these. Show Answer Correct Answer: B) Investment. 11. What does "IRS" stand for? A) Instant Regulation Service. B) Increase Rent Status. C) Internal Revenue Service. D) Invoice Receipt Sale. Show Answer Correct Answer: C) Internal Revenue Service. 12. ..... :a bank account that allows you to access the money in your bank account by writing checks. It's the account that you will use to pay your bills. A) Savings Account. B) Loan. C) Checking Account. D) Budget. Show Answer Correct Answer: C) Checking Account. 13. Sara earns $ 10.00 an hour. She worked 40 hours this pay period. Her gross pay was? A) $ 300 after taxes and deductions. B) $ 400.00. C) $ 275.00 after standard deductions. D) None of above. Show Answer Correct Answer: B) $ 400.00. 14. The amount of money subtracted or deducted from the gross pay earned in a pay period. A) Credit. B) Debit. C) Deduction. D) Witholding Taxes. Show Answer Correct Answer: C) Deduction. 15. Used to pay for long-term goals, such as retirement A) Investment. B) Savings. Show Answer Correct Answer: A) Investment. 16. SW Co has a barrel of chemicals in its warehouse that it purchased for a project a while ago at a cost of $ 1, 000. It would cost $ 400 for a professional disposal company to collect the barrel and dispose of it safely. However, the chemicals could be used in a potential project which is currently being assessed. What is the relevant cost of using the chemicals in a new project proposal? A) $ 1, 000 cost. B) $ 400 benefit. C) $ 400 cost. D) $ Nil. Show Answer Correct Answer: B) $ 400 benefit. 17. Is part of this strategy to sale of assets cut cost and operate the remaining assets more efficiently is engaging in ..... A) Strategic acquisition. B) Financial Acquisition. C) 2 tier tender offer. D) Shark repellent. Show Answer Correct Answer: A) Strategic acquisition. 18. Why is debt control considered an important step in financial management? A) Because debt is always profitable. B) Because debt can increase wealth. C) Because debt can be a financial burden. D) Because debt is never a financial problem. Show Answer Correct Answer: C) Because debt can be a financial burden. 19. Which goal is Specific? A) I'm going to be a better friend. B) I'm going to be successful. C) I'm going to do better in school. D) I am going to turn in all of my Math Homework. Show Answer Correct Answer: D) I am going to turn in all of my Math Homework. 20. The stocks that are owned by investors who are not active in management are called ..... ? A) Common stock. B) Classified stock. C) Closely held stock. D) Publicly held stock. Show Answer Correct Answer: D) Publicly held stock. ← 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