This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 54 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 54 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Choose the CORRECT unit of measurement of these investment appraisal method. A) PBP = time. B) ARR = monetary value. C) NPV = percentage. D) None of above. Show Answer Correct Answer: A) PBP = time. 2. Mention 4 correct personal finance posts? A) 1. Personal Needs 2. Installments3. Parents' Needs 4. Friends' Needs. B) 1. Personal needs, 2. Installments3. Savings/Investment 4. Traveling. C) 1. Personal Needs, 2. Savings/Investment3. Entertainment 4. Hobbies. D) 1. Savings/Investment 2. Personal Needs3. Social 4. Installments. E) 1. Savings/Investment 2. Hobbies3. Social 4. Installments. Show Answer Correct Answer: D) 1. Savings/Investment 2. Personal Needs3. Social 4. Installments. 3. One of the important decisions under financial management relates to proportion of the use of different sources in raising funds. The financial decision highlighted is: A) Investment decision. B) Dividend decision. C) Financing decision. D) Capital budgeting decision. Show Answer Correct Answer: C) Financing decision. 4. That part of management which is connected with the financial activities iscalled ..... management. A) Personnel. B) Financial. C) Production. D) All the above. Show Answer Correct Answer: B) Financial. 5. The size of assets, the profitability and competitiveness are affected by which decision in financial management A) Financing Decision. B) Dividend Decision. C) Investment Decision. D) Working Capital Decision. Show Answer Correct Answer: C) Investment Decision. 6. An increase in firm's collection period means A) The firm's current ratio is increasing. B) The firm's receivables turnover ratio is increasing. C) The firm's collection expenses have fallen. D) The firm has become less efficient in the collection of its receivables. Show Answer Correct Answer: D) The firm has become less efficient in the collection of its receivables. 7. What agency is responsible for collecting federal income taxes for the US government? A) Internal Revenue Service (IRS). B) NC Department of Revenue. C) NC Department of Agriculture. D) None of above. Show Answer Correct Answer: A) Internal Revenue Service (IRS). 8. If the company's current ratio is 5. If the company paid $ 100 of accounts payable using its cash. The new current ratio will A) Be the same. B) Increase. C) Decrease. D) Can not be determined. Show Answer Correct Answer: B) Increase. 9. How much is Puan Soffia's monthly saving if she wanted to pay the down payment for a RM650, 000 house in six years? A) RM1111.78. B) RM1000.78. C) RM900.00. D) RM902.78. Show Answer Correct Answer: D) RM902.78. 10. Financial institutions and markets A) Are the organized financial intermediaries and the forums that promote the cycle of money. B) Compose the set of financial activities that support the operations of a business. C) Are the activities centered on the purchase and sale of financial assets. D) Are concerned only with the addition of a multinational element to all finance activities. Show Answer Correct Answer: A) Are the organized financial intermediaries and the forums that promote the cycle of money. 11. A Current asset is cash or any asset that will be exchanged for cash or used within one year. A) True. B) False. Show Answer Correct Answer: A) True. 12. Short term funds include: A) Hybrid financing, debt financing, long term finance. B) Trade credit, debt financing, equity financing. C) Debt financing, equity financing, hybrid financing. D) Trade credit, secured term loan and unsecured term loan. Show Answer Correct Answer: D) Trade credit, secured term loan and unsecured term loan. 13. Which of the following is not one of the three decisions to be taken by a finance manager? A) Investment Decision. B) Dividend Decision. C) Financing Decision. D) Pricing decision. Show Answer Correct Answer: D) Pricing decision. 14. The time value of money concept means money paid out or received in the future is not equivalent to money paid or received today. A) True. B) False. Show Answer Correct Answer: A) True. 15. What is the purpose of a "master budget" in financial management? A) Monitoring day-to-day expenses. B) Estimating overall company profitability. C) Controlling long-term investments. D) Analyzing short-term market trends. Show Answer Correct Answer: B) Estimating overall company profitability. 16. Which of the following is/ are example(s) of financial goal(s)? A) Start an emergency fund. B) Pay off credit card. C) Save for children's education. D) All of the above. Show Answer Correct Answer: D) All of the above. 17. Derivatives markets involve financial instruments with values derived from underlying assets or indices. A) TRUE. B) FALSE. Show Answer Correct Answer: A) TRUE. 18. The process of planning, evaluating, selecting, and managing the financing of long-term operating projects of the company is termed ..... A) Working capital management. B) Capital structure. C) Accounts receivable management. D) Capital budgeting. Show Answer Correct Answer: D) Capital budgeting. 19. In what area of a typical family budget do people spend most of their money? A) Food. B) Transportation. C) Utilities. D) Housing. Show Answer Correct Answer: D) Housing. 20. Investment decision is also known as capital structure decision. A) TRUE. B) FALSE . Show Answer Correct Answer: B) FALSE . ← 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