This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 49 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 49 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What type of skills is financial management training designed to help cultivate? A) Financial planning and analysis. B) Cost analysis and budgeting. C) Risk management and forecasting. D) Marketing and customer service. Show Answer Correct Answer: A) Financial planning and analysis. 2. Based on the function of working assets in active capital companies is devided in to ..... A) Working capital and fixed capital. B) Current assets and fixed assets. C) Working capital and current assets. D) Fixed capital and fixed assets. Show Answer Correct Answer: A) Working capital and fixed capital. 3. PBP is calculated when the incomes or return are equal by the formula A) Original outlay/ uncovered amount of project. B) Year before full recovery+(Uncovered amt/ cash flow during the year). C) Original cost/ annual return of the project. D) None of above. Show Answer Correct Answer: C) Original cost/ annual return of the project. 4. The following are parts of the pyramid for managing finances, except: A) Debt Management. B) Income. C) Protection. D) Emergency Fund. Show Answer Correct Answer: B) Income. 5. One of the three fundamental financial statements and is key to both financial modeling and accounting. A) Management. B) Assets. C) Balance Sheet. D) Equity. Show Answer Correct Answer: C) Balance Sheet. 6. How do you know when abusive lending is taking place? A) When the lender is pressuring you to take a loan. B) When you have done your "due diligence" and the loan office does not badger you to sign for the loan. Show Answer Correct Answer: A) When the lender is pressuring you to take a loan. 7. ..... and ..... carry a fixed rate of interest and are to be paid off irrespective of the firm's revenues A) Debentures, Dividends. B) Debentures, Bonds. C) Dividends, Bonds. D) Dividends, Treasury notes. Show Answer Correct Answer: B) Debentures, Bonds. 8. Should be added with the hiring of your first employee to cover medical expenses as well as disability and death benefits. Even if employees perform low-risk work, such as in an office, claims could result from slip-and-fall injuries or repetitive motion injuries such as carpal tunnel syndrome A) Property insurance. B) Workers' compensation insurance. C) Professional liability insurance. D) None of above. Show Answer Correct Answer: B) Workers' compensation insurance. 9. An estimate of a business's financial outlook for each of the next five years. A) Financial plan. B) Financial forecast. C) Budget. D) Owner's equity. Show Answer Correct Answer: B) Financial forecast. 10. Which technique in financial management enable us to take procurement/sourcing decisions? A) Capital Structure. B) Working Capital Management. C) Ratio Analysis. D) Capital Budgeting. Show Answer Correct Answer: A) Capital Structure. 11. Sara worked an 8 hour shift and makes.12 per doll, she makes 80 dolls per hour, what was her gross pay for that day? A) $ 80.76. B) $ 76.80. C) $ 75.80. D) $ 60.00. Show Answer Correct Answer: B) $ 76.80. 12. The investment involve decision making on daily basis. This sentence refer to ..... A) Capital investment. B) Working capital investment. Show Answer Correct Answer: B) Working capital investment. 13. Most unsafe mode by which firms perform worldwide business is A) Licencing. B) Franchising. C) International trade. D) Establishment of new subsidiaries. Show Answer Correct Answer: D) Establishment of new subsidiaries. 14. You buy detergent for $ 11.98 for 64 ounces, what is the unit price? A) .20. B) .17. C) .19. D) .195. Show Answer Correct Answer: C) .19. 15. Which ratio indicates the proportion of each sales dollar that represents profit? A) Gross profit margin. B) Operating profit margin. C) Net profit margin. D) Return on investment. Show Answer Correct Answer: C) Net profit margin. 16. A business will make a profit IF A) Revenue equals expenses. B) Revenue is greater than expenses. C) Expenses decrease and revenue increases. D) Expenses are greater than revenue. Show Answer Correct Answer: B) Revenue is greater than expenses. 17. An owner's claim to the assets of the business A) Financial plan. B) Financial forecast. C) Budget. D) Owner's equity. Show Answer Correct Answer: D) Owner's equity. 18. Operating leverage x financial leverage= ..... A) Combined Leverage. B) Financial Combined Leverage. C) Operating Combined Leverage. D) Fixed leverage. Show Answer Correct Answer: A) Combined Leverage. 19. Kayla, Tyler, and Brie have started a new business. What should be the purpose of their financial management? A) The purpose of their financial management should be to solely focus on short-term financial goals. B) The purpose of their financial management should be to effectively manage the financial resources of the company. C) The purpose of their financial management should be to minimize the importance of financial resources. D) The purpose of their financial management should be to maximize profits at all costs. Show Answer Correct Answer: B) The purpose of their financial management should be to effectively manage the financial resources of the company. 20. ..... is used to estimate future free cash flows. A) Mission statement. B) Projected financial statement. C) Vision. D) Objectives. Show Answer Correct Answer: B) Projected financial statement. ← 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