This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 80 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 80 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The process of budgeting, saving, investing, spending or otherwise supervising the use of money by an individual or group is ..... A) Money Management. B) Savings Account. C) Checking Account. D) Investment. Show Answer Correct Answer: A) Money Management. 2. A company with high growth plans must A) Distribute liberal dividend. B) Distribute less dividend. C) Distribute no dividend. D) None of above. Show Answer Correct Answer: B) Distribute less dividend. 3. Credit used to buy a house or car is known as A) Open credit. B) Quick credit. C) Closed credit. D) Bad credit. Show Answer Correct Answer: C) Closed credit. 4. The job of a finance manager is confined to A) Raising of funds. B) Management of Cash. C) Raising of Funds and their effective utilization. D) None of above. Show Answer Correct Answer: C) Raising of Funds and their effective utilization. 5. Financial management came into existence as a separate field of study from ..... ? A) 19th century. B) 21st century. C) 20th century. D) None of these. Show Answer Correct Answer: C) 20th century. 6. A ..... net working capital will arise when current assets exceed current liabilities. A) Summative. B) Negative. C) Excessive. D) Positive. Show Answer Correct Answer: D) Positive. 7. What is not the main reason that companies go "global" ? A) To seek raw materials. B) To diversify. C) To narrowed their markets. D) To avoid political hurdles . Show Answer Correct Answer: C) To narrowed their markets. 8. Which type of bank is FOR PROFIT and run by its shareholders? A) Credit unions. B) Commercial Banks. Show Answer Correct Answer: B) Commercial Banks. 9. The liabilities included in the balance sheet elements are: A) Interest Charge. B) Income received in advance. C) Prepaid expenses. D) All the answers above are incorrect. Show Answer Correct Answer: C) Prepaid expenses. 10. Executive finance functions are handled by the persons with the basic knowledge of accounting. A) TRUE. B) FALSE . Show Answer Correct Answer: B) FALSE . 11. If the discounting factor of year 3 is $ 0.8, it means that: A) $ 0.8 is the future value of $ 1 now. B) $ 1 is the present value of $ 0.8 in 3 years. C) $ 0.8 is the present value of $ 1 in 5 years. D) $ 0.8 is the present value of $ 1 in 3 years. Show Answer Correct Answer: D) $ 0.8 is the present value of $ 1 in 3 years. 12. What is a bond? A) A long-term debt. B) A short-term investment. C) A long-term assets. D) A short-term assets. Show Answer Correct Answer: A) A long-term debt. 13. CAPITAL STRUCTURE DENOTES THE COMPOSITION OF A) SHARE CAPITAL. B) LONG TERM AND SHORT TERM DEBTS. C) DEBT AND EQUITY. D) RESERVES AND SURPLUS. Show Answer Correct Answer: B) LONG TERM AND SHORT TERM DEBTS. 14. What steps are not included in financial management according to the material? A) Identifying income and outcomes. B) Make a budget. C) Monitor production. D) Set medium-term goals. Show Answer Correct Answer: D) Set medium-term goals. 15. Business finance deals with which of the following? A) Utilize funds efficiently. B) Procuring funds from different sources on fair terms. C) Both of these. D) None of these. Show Answer Correct Answer: C) Both of these. 16. Expense A) Tax. B) Cost. C) Highly expensive. D) Something you use or buy. Show Answer Correct Answer: D) Something you use or buy. 17. The primary goal of corporate management is profit maximization. A) True. B) False. Show Answer Correct Answer: B) False. 18. Which of the following is not a short-term financial goal? A) Buy a PS5. B) Buy a house. C) Buy a nintendo switch. D) Go for vacation. Show Answer Correct Answer: B) Buy a house. 19. I am walking 3 hours today to raise money for Juvenile Diabetes. How much can you pledge? A) Spending. B) Saving. C) Investing. D) Donating. Show Answer Correct Answer: D) Donating. 20. Receivables management involves a ..... between costs and benefits of receivable A) Discount. B) Trade-off. C) Recommendation. D) None. Show Answer Correct Answer: B) Trade-off. ← 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