This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 8 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 8 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Name of state form to file your taxes for the year. A) 1040EZ. B) W-2. C) W-4. D) D-400. Show Answer Correct Answer: D) D-400. 2. What does the agency problem refer to? A) The conflict that exists between the board of directors and the employees of the firm. B) The problem associated with financial managers and Internal Revenue agents. C) The conflict that exists between stockbrokers and investors. D) The problem that results from potential conflicts of interest between the manager of a business and the stockholders. Show Answer Correct Answer: D) The problem that results from potential conflicts of interest between the manager of a business and the stockholders. 3. Dillon works by stamping metal sheets into bumpers for cars. He gets payed $ 0.70 per bumper completed. If he completed 120 bumpers in a 10 hour shift, how much does he make? A) $ 84. B) $ 284. C) $ 120. D) None of above. Show Answer Correct Answer: A) $ 84. 4. If ICR is high, firm prefers A) (a) Debt. B) (b) Equity. C) C) Both (a) and (b). D) (d) None of the above. Show Answer Correct Answer: A) (a) Debt. 5. The highest policy making body in a corporation. A) Shareholders. B) Board of Directors. C) Chief Executive Officer. D) President. Show Answer Correct Answer: B) Board of Directors. 6. An obligation of repayment owed by one party (the debtor/borrower) to a second party (the creditor/lender); in most cases this includes repayment of the original loan amount plus interest A) Debt. B) Debit. C) Loan. D) Credit. Show Answer Correct Answer: A) Debt. 7. Which of the following is not a type of charitable giving? A) Stocks and securities. B) Cash. C) Valuable assets. D) Planned giving. E) Desired retirement age. Show Answer Correct Answer: E) Desired retirement age. 8. The ratio to measure the effectiveness of a company's operations in generating profits is: A) Net Profit Margin. B) Debt to Asset Ratio. C) Liquidity Ratio. D) Benefit Cost Ratio. Show Answer Correct Answer: A) Net Profit Margin. 9. Under this service, lockers are provided to the public in various sizes on payment of fixed rent. A) Locker service. B) Credit card. C) Venture capital. D) Bancassurance. Show Answer Correct Answer: A) Locker service. 10. Which of the following is a way to meet yout financial needs? A) Create a budget. B) Fully rely on your parents. C) Do nothing. D) Don't save your money. E) Shop constantly. Show Answer Correct Answer: A) Create a budget. 11. Cooperation among departments is vital to ensure the company move forward smoothly. Financial management covers multidimensional approaches such as the following: A) Financial management and economics. B) Financial management and human resource. C) Financial management and marketing. D) All answers are correct. Show Answer Correct Answer: D) All answers are correct. 12. ..... varies inversely with profitability. A) Liquidity. B) Risk. C) Accounts. D) Trade. Show Answer Correct Answer: A) Liquidity. 13. The company will have cash when..... A) Customers pay faster. B) Account Receivable meningkat. C) Profits increase. D) Inventory menurun. Show Answer Correct Answer: A) Customers pay faster. 14. Ideal cash will not generate profit but cause loss of ..... ? A) Value of firm. B) Interest. C) None of these. D) None of above. Show Answer Correct Answer: B) Interest. 15. Which of the following is studied with the help of operating leverage A) Analysis of business risk. B) Analysis of financial risk. C) Analysis of production isk. D) Analysis of credit risk. Show Answer Correct Answer: A) Analysis of business risk. 16. In hospitality organizations, the pricing of services offered should be precise in order to maximize profits-this is related to the concept of ..... A) Wealth maximization. B) Profit maximization. C) Funding operational expenses. D) Tax considerations. Show Answer Correct Answer: B) Profit maximization. 17. All of the following are classified as non-bank financial intermediaries except A) Stock brokerages. B) Investment banks. C) Insurance companies. D) Insurance companies. Show Answer Correct Answer: A) Stock brokerages. 18. How do you calculate your net worth? A) Liabilities-Assets. B) Cash-Liabilities. C) Assets AND Liabilities. D) Assets-Liabilities. E) Cash X Assets. Show Answer Correct Answer: D) Assets-Liabilities. 19. Greater exposure bigger the A) Spot rate. B) Risk. C) Forward rate. D) Investment. Show Answer Correct Answer: B) Risk. 20. The financial management is generally concerned with procurement, allocation and control of financial resources of a concern. A) TRUE. B) FALSE. Show Answer Correct Answer: A) TRUE. ← 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 9Financial Management Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books