2026 LATEST UPDATED VERSION APRIL
👉 Based on actual assignment patterns
, 📘 SECTION 1: CORE FINANCE (Q1–30)
1. Primary objective of financial management:
A. Minimise cost
B. Maximise profit
C. Maximise shareholder wealth
D. Avoid risk
✅ Answer: C
2. NPV formula is:
A. Profit / Investment
B. PV inflows – PV outflows
C. IRR – WACC
D. Revenue – cost
✅ Answer: B
3. IRR is:
A. Cost of capital
B. Discount rate making NPV = 0