This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 13 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 13 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is not a basic need? A) Food. B) Holiday. C) Clothing. D) Accomodation. Show Answer Correct Answer: B) Holiday. 2. Below are the characteristics of excessive spending, EXCEPT ..... A) Cash is too large. B) So many people are unemployed. C) Cash is too small to pay its obligations. D) Too much raw. Show Answer Correct Answer: C) Cash is too small to pay its obligations. 3. Which of the following is a hybrid form of security? A) Equity shares. B) Preference shares. C) Debentures. D) None of these. Show Answer Correct Answer: B) Preference shares. 4. The federal program that assists older Americans with health insurance and income is called? A) FICA. B) EOC. C) BBT. D) FBI. Show Answer Correct Answer: A) FICA. 5. Fixed capital finance depends on the short term sources of finance. A) True. B) False. Show Answer Correct Answer: B) False. 6. The amount of money in a paycheck after deductions? A) Gross Pay. B) Net Pay. C) Year To Date. D) Deductions. Show Answer Correct Answer: B) Net Pay. 7. What is the main purpose of financial management training? A) To reduce expenses. B) To cultivate entrepreneurial mindset. C) To help decision makers become more effective. D) To improve strategic financial planning. Show Answer Correct Answer: D) To improve strategic financial planning. 8. A series of cash flows that differ in each period, is the meaning of ..... A) Annuities. B) Uneven Cash Flows. C) Deferred Annuities. D) Lump Sums. Show Answer Correct Answer: B) Uneven Cash Flows. 9. Which of the following is not approach of finance function? A) Traditional approach. B) Modern approach. C) Too-narrow approach. D) Too-wide approach. Show Answer Correct Answer: C) Too-narrow approach. 10. What should I do if my bank statement is incorrect? A) Ask Grandpa Morris. B) File a dispute. C) Check online. D) Call your banker. E) Nothing, it's the banks problem. Show Answer Correct Answer: B) File a dispute. 11. High debt equity ratio implies A) Less financial risk. B) High financial risk. C) High earnings/share. D) High working risk. Show Answer Correct Answer: B) High financial risk. 12. Markets for intermediate-term or long-term debt and corporate stocks. A) Futures market. B) Spot markets. C) Capital markets. D) Money markets. Show Answer Correct Answer: C) Capital markets. 13. A decision to acquire a new and modern plant to upgrade an old one is a A) Financing decision. B) Working capital decision. C) Investment decision. D) None of the above. Show Answer Correct Answer: C) Investment decision. 14. What does a savings register do? A) Helps the bank keep track of your savings. B) Helps you decide how you can spend. C) Allows you to keep track of your savings. D) Helps you make checks. E) None. Show Answer Correct Answer: C) Allows you to keep track of your savings. 15. An ..... is a review of accounting records and procedures. A) Income statement. B) Financial statement. C) Audit. D) Statement of cash flows. Show Answer Correct Answer: C) Audit. 16. Financial Manager is: A) Professional Person. B) Person having sufficient knowledge. C) Rational person. D) All of above. Show Answer Correct Answer: D) All of above. 17. Working capital may be- A) Positive. B) Negative. C) Zero. D) Any one of them. Show Answer Correct Answer: D) Any one of them. 18. The key objective of financial management is ..... A) Profit Maximization. B) Wealth Management. C) Asset Maximization. D) Sales Maxmization. Show Answer Correct Answer: B) Wealth Management. 19. What is the primary advantage of a low capital gearing ratio? A) It indicates a company's high financial risk. B) It shows a company's high dependence on equity financing. C) It suggests a company's high profitability. D) It signifies a company's low dependence on debt financing. Show Answer Correct Answer: A) It indicates a company's high financial risk. 20. Justification for merger and acquisition do not include A) To increase risk. B) To gain economics and scale. C) To enter new markets. D) To achieve synergy. Show Answer Correct Answer: A) To increase risk. ← 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