This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 59 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 59 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The last step in financial planning process is: A) Set SMART goals. B) Implementation of plan. C) Monitoring of plan. D) Gather data. Show Answer Correct Answer: C) Monitoring of plan. 2. Nancy made 600 widgets in 8 hours, what is her production rate? A) 60. B) 80. C) 75. D) 70. Show Answer Correct Answer: C) 75. 3. Which of the following is not types of finance? A) Personal. B) Government. C) Public. D) Corporate. Show Answer Correct Answer: B) Government. 4. Below are examples of non-profit organization, except A) Malaysian Nature Society. B) MEANING. C) Permodalan Nasional Berhad. D) Mercy Malaysia. Show Answer Correct Answer: C) Permodalan Nasional Berhad. 5. Builds wealth A) Investments. B) Savings. Show Answer Correct Answer: A) Investments. 6. Nominal interest rates are the sum of two major components. These components are ..... A) The real interest rate and expected inflation. B) The risk-free rate and expected inflation. C) The real interest rate and default premium. D) The real interest rate and the T-bill rate. Show Answer Correct Answer: A) The real interest rate and expected inflation. 7. Intermediaries that channel the savings of individuals, businesses, and government into loans of investment. A) Private Placements. B) Financial Institutions. C) Public Offering. D) Financial Market. Show Answer Correct Answer: B) Financial Institutions. 8. An example of open credit is A) A student loan. B) An auto loan. C) A credit card. D) A debit card. Show Answer Correct Answer: C) A credit card. 9. Owner's Equity determines A) How many suppliers are owed money. B) The outstanding debt a business has. C) The total value (worth) of the business. D) How much money the business has in the bank. Show Answer Correct Answer: C) The total value (worth) of the business. 10. When a company is unable to meet its fixed financial charges it is called ..... A) Financial risk. B) Business risk. Show Answer Correct Answer: A) Financial risk. 11. How do we call the money brought by shareholders? A) Available funds. B) Equity. C) Cash. D) Shareholder Liability. Show Answer Correct Answer: B) Equity. 12. Which financial statement provides an overview of a company's financial position at a specific point in time? A) Income statement. B) Cash flow statement. C) Balance sheet. D) Statement of retained earnings. Show Answer Correct Answer: C) Balance sheet. 13. A share which gives you no right to claim dividends from years with no profit A) Irredeemable preference Share. B) Cumulative preference share. C) Non-cumulative preference share. D) Redeemable Preference Share. Show Answer Correct Answer: C) Non-cumulative preference share. 14. Taxpayers may prepare and file their tax returns electronically from all of the following except A) Home. B) Post-office. C) Authorized e-file provider. D) None of above. Show Answer Correct Answer: B) Post-office. 15. Firms always are short of funds. Therefore, raising funds is the most important function of the financial manager. A) TRUE. B) FALSE . Show Answer Correct Answer: B) FALSE . 16. What is research A) Search. B) Again and again. C) Finding hidden facts. D) All of the above. Show Answer Correct Answer: D) All of the above. 17. In the Cash Flow Report there are 3 cash flow categories, namely EXCEPT: A) Cash Flow from Funding. B) Cash Flow from Promotions. C) Cash Flow from Operations. D) Cash Flow from Investments. Show Answer Correct Answer: B) Cash Flow from Promotions. 18. The primary objective of financial management is A) Minimizing risk. B) Maximizing profit. C) Maximizing wealth. D) Minimizing return. Show Answer Correct Answer: C) Maximizing wealth. 19. It measures how often is the turn over of accounts receivable, inventory and long-term assets. A) Liquidity. B) Asset Utilization. C) Debt Utilization. D) Profitability. Show Answer Correct Answer: B) Asset Utilization. 20. Which statement is not accurate in determining the emergency fund A) Find out the monthly cost of production. B) Know the amount owed. C) 50% in bank savings. D) 50% in low risk investment products. Show Answer Correct Answer: B) Know the amount owed. ← 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