This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 66 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 66 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Jeremiah wants to save for a $ 750.00 stereo over 6 months, what will he need to save each month to make his goal? A) $ 125.00. B) $ 105.00. C) $ 120.00. D) $ 130.00. Show Answer Correct Answer: A) $ 125.00. 2. On a INCOME STATEMENT, if the "Gross Profit for the year is $ 58, 200; and the "Total Operating Expenses is $ 13, 780, and taxes is "$ 3, 356.25" what is the "NET INCOME after taxes" amount: A) $ 68, 623.75. B) $ 41, 063.75. C) $ 4, 106.375. D) $ 47, 776.25. Show Answer Correct Answer: B) $ 41, 063.75. 3. Capital budgeting is associated with A) Long term and short term assets. B) Fixed assets. C) Long term assets. D) Short term assets. Show Answer Correct Answer: C) Long term assets. 4. Secured and unsecured loan are loan: A) With guarantor:without guarantor. B) Without collateral:with collateral. C) With collateral:without collateral. D) Without guarantor:with guarantor. Show Answer Correct Answer: C) With collateral:without collateral. 5. What is the term for the potential cost of not taking a particular investment opportunity? A) Opportunity cost. B) Sunk cost. C) Marginal cost. D) Fixed cost. Show Answer Correct Answer: A) Opportunity cost. 6. These are sanctioned for the period varying between 1 and 5 years. A) Short term loans. B) Medium term loans. C) Long term loans. D) None of above. Show Answer Correct Answer: B) Medium term loans. 7. 'if you want higher return there should be higher risk on your hand and vice versa' merupakan prinsip keuangan? A) Risk Aversion. B) Incremental Benefit. C) Risk Return Trade Off. D) Signaling. Show Answer Correct Answer: C) Risk Return Trade Off. 8. The followings are elements of the financial management except A) Debts and savings. B) Purification of property. C) Savings, investmensts and protections. D) Budget. Show Answer Correct Answer: D) Budget. 9. What are the benefits of financial management training for individuals? A) It helps to increase self-confidence. B) It provides people with a better understanding of investment concepts. C) It helps to understand how to make wise decisions with money. D) It enhances digital literacy. Show Answer Correct Answer: C) It helps to understand how to make wise decisions with money. 10. What is an example of non-depository Institution? A) Commercial Banks. B) Saving Bank. C) Credit Unions. D) Pawn shops. Show Answer Correct Answer: D) Pawn shops. 11. Banks that are financial intermediaries generate earnings when they facilitate the transfer of money from savers to borrowers by paying savers a smaller return than they demand from borrowers. A) True. B) False. Show Answer Correct Answer: A) True. 12. Financial decisions involves A) Investment, financing and dividend decisions. B) Investment, financing, and sales decisons. C) Financing, dividend and cash decisions. D) None of above. Show Answer Correct Answer: A) Investment, financing and dividend decisions. 13. What document gives the right to make financial decisions, on someone else's behalf A) Medical Directive. B) Power of Attorney. C) Will. D) Living Trust. E) Probate. Show Answer Correct Answer: B) Power of Attorney. 14. What is the purpose of financial forecasting for a company? A) Setting employee salaries. B) Predicting customer demand. C) Planning for capital expenditures. D) Analyzing competitor strategies. Show Answer Correct Answer: C) Planning for capital expenditures. 15. While designing a capital structure a finance manager should choose a pattern of capital which- A) Minimizes cost of capital. B) Maximizes the owner's return. C) Maximizes the cost of capital and minimizes the owner's return. D) Both (A) and (B). Show Answer Correct Answer: D) Both (A) and (B). 16. Your company just sold a product with the following payment plan:$ 50, 000 today, $ 25, 000 next year, and $ 10, 000 the following year. If your firm places the payments into an account earning 10% per year, how much money will be in the account after collecting the last payment? A) $ 99, 000. B) $ 98, 500. C) $ 98, 000. D) $ 85, 000. Show Answer Correct Answer: C) $ 98, 000. 17. A company's Total Debt-to-Total Assets ratio is an indicator of: A) The company's profitability. B) The company's liquidity. C) The company's solvency. D) The company's market share. Show Answer Correct Answer: C) The company's solvency. 18. The concept which makes sure the availability of right amount of finance at the right time is called A) (a) Financial Planning. B) (b) Capital Structure. C) C) Working Capital. D) (d) Fixed Capital. Show Answer Correct Answer: A) (a) Financial Planning. 19. The treasurer oversees the accounting activities of the firm. A) TRUE. B) FALSE . Show Answer Correct Answer: B) FALSE . 20. Which of the following is the wrong key component in SMART financial goals? Which component of the SMART financial goal is wrong? A) T-Time-bound. B) S-Specific / Spesifik. C) A-Attainable. D) R-Review. E) M-Measureable / Can be measured. Show Answer Correct Answer: D) R-Review. ← 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