This quiz works best with JavaScript enabled. Home > Management > Financial Management > Financial Management – Quiz 84 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Management Quiz 84 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What type of records identify the type and number of products on hand for sale? A) Payroll. B) Asset. C) Current. D) Inventory. Show Answer Correct Answer: D) Inventory. 2. Treasury bills A) Short term debt. B) Long term debt. Show Answer Correct Answer: A) Short term debt. 3. The present value of $ 115, 000 expected to be received one year from today at an interest rate (discount rate) of 10% per year is: A) $ 121, 000. B) $ 100, 500. C) $ 110, 000. D) $ 104, 545. Show Answer Correct Answer: D) $ 104, 545. 4. Which of the following is an example of short-term finance source? A) Preference share. B) Fixed deposit. C) Trade credit. D) Debenture. Show Answer Correct Answer: C) Trade credit. 5. What is not part of the Financial Report is A) Laporan Neraca (Balance Sheet). B) Profit and Loss Report (Income Statement). C) Laporan Arus Kas (Cash Flow Statement). D) Working Capital Report (Net working Capital Statement). Show Answer Correct Answer: D) Working Capital Report (Net working Capital Statement). 6. Makenzy, Tiernan, and Kylonie are running a small business. They are trying to understand the concept of break-even point. Can you explain it to them? A) Break-even point is the point at which total cost and total revenue are equal, i.e., there is no net loss or gain. B) Break-even point is the total amount of variable costs that a company has. C) Break-even point is the total amount of fixed costs that a company has. D) Break-even point and financial leverage are the same thing in a business. Show Answer Correct Answer: A) Break-even point is the point at which total cost and total revenue are equal, i.e., there is no net loss or gain. 7. Financial ratios are used to: A) Provide insights into a company's liquidity, profitability, efficiency, and solvency. B) Aid in decision-making and performance evaluation. C) Track a company's financial performance over time. D) All of the above. Show Answer Correct Answer: A) Provide insights into a company's liquidity, profitability, efficiency, and solvency. 8. Which of the following is NOT a tax form A) Form 1040-EZ. B) Form W2. C) Form 1099-DIV. D) Form W4. E) Form 1099-TIN. Show Answer Correct Answer: E) Form 1099-TIN. 9. Which of the following statements are correct? (1) Capital market securities are assets for the seller but liabilities for the buyer (2) Financial markets can be classified into exchange and over-the-counter markets (3) A secondary market is where securities are bought and sold by investors A) 1 and 2 only. B) 1 and 3 only. C) 2 and 3 only. D) 1, 2 and 3. Show Answer Correct Answer: C) 2 and 3 only. 10. It corresponds to an indicator that defines how many products or services have been produced for each of the resources used in their production (labor, time and capital, among others) within a determined period. A) Optimize. B) Productivity. C) Costs. D) Utility. Show Answer Correct Answer: B) Productivity. 11. Based on the example below, which items need to be included in a financial plan?I. InsuranceII. Emergency fundIII. Savings and investmentsIV. Debts management A) II and III. B) I, II and III. C) II, III and IV. D) I, II, III and IV. Show Answer Correct Answer: D) I, II, III and IV. 12. Which of the following is an active income? A) Dividend. B) Interest. C) House rental. D) Commission. Show Answer Correct Answer: D) Commission. 13. What is factoring? A) Production Plan. B) New Financial Service. C) Cost of Sales. D) All of the above. Show Answer Correct Answer: B) New Financial Service. 14. Which of the following constitutes owner's fund? A) Retained earnings. B) Debentures. C) Bank loan. D) None of above. Show Answer Correct Answer: A) Retained earnings. 15. What are the common parts of a credit application? A) Name, date, reason for the loan, what school you go to. B) Reason for loan, School attended(ing), where you live, documentation, current debts, credit references, your grandparents names, bank references, signature/date. C) The names of your siblings, how much money you make, your favorite hobbies, your favorite music, references. D) Reason for the loan, your grades during high school, employment history. E) Reason for loan, personal identification info, employment info, mortgage/rental info, documentation, current debts, credit references, collateral, bank references, signature/date. Show Answer Correct Answer: E) Reason for loan, personal identification info, employment info, mortgage/rental info, documentation, current debts, credit references, collateral, bank references, signature/date. 16. Compounding technique is used to: A) Find out the future value of money. B) Find out both present and future value of money. C) Find out the present value of money. D) None of the above. Show Answer Correct Answer: A) Find out the future value of money. 17. 'A fast-moving market and the right price' is the financial principle of 'capital market efficiency'. A) FALSE. B) TRUE. Show Answer Correct Answer: B) TRUE. 18. They are the monetary relations that arise between the economic actors in the formation, distribution and use of money funds; In this post we explain the three main functions that finance has:distribute, control and accumulate. A) Finance. B) Production. C) Efficiency. D) Costs. Show Answer Correct Answer: A) Finance. 19. Below are the responsibilities of financial managers, except A) Controlling credit operations. B) Acquiring needed inventory. C) Making capital expenditures. D) Decide equity share percentage to founders and investors. E) Managing day-by-day needs of the business. Show Answer Correct Answer: D) Decide equity share percentage to founders and investors. 20. Which of the following would be considered a short-term goal for a 4th grader? A) Going to college on a football scholarship. B) Submitting the work on time for the 1st term. C) Having perfect attendance from 9-12th grades. D) Having a career in physical training after college. Show Answer Correct Answer: B) Submitting the work on time for the 1st term. ← 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