Started on Saturday, 12 August 2023, 12:05 PM
State Finished
Completed on Saturday, 12 August 2023, 12:31 PM
Time taken 25 mins 47 secs
Question 1
Complete
M arked out of 1.00
Finance can be defined as the ...
Select one:
a. science of the production, distribution and consumption of wealth.
b. art of merchandising products and services.
c. system of debits and credits.
d. art and science of managing money.
Question 2
Complete
M arked out of 1.00
Any organisation that is managed in accordance with business principles should be able to ensure its survival because it will ...
Select one:
a. plan its cash inflows and outflows by means of a cash budget.
b. maximise its revenue from sales and control its expenses.
c. keep its cost of financing as low as possible.
d. undertake all the above-mentioned financial measures.
Question 3
Complete
M arked out of 1.00
During periods where the consumer price index (CPI) is expected to decrease, a retail firm will have to ...
Select one:
a. apply credit standards more strictly due to declining interest rates, increase in sales, but a slowdown of cash inflow.
b. budget more conservatively as a result of rising interest rates, a decline in sales and an increase in bad debts.
c. expand due to declining interest rates, an increase in sales and improved feasibility of investment opportunities.
d. relax credit standards due to a decline in sales, a decrease in bad debts and a slowdown of cash outflow.
, Question 4
Complete
M arked out of 1.00
If the company's managers are NOT owners of the company, they are ...
Select one:
a. traders.
b. outsiders.
c. agents.
d. dealers.
Question 5
Complete
M arked out of 1.00
The primary short-term financial goal of the firm may be best achieved by ...
Select one:
a. increasing expenses in order to reduce the firm’s tax liability.
b. accelerating cash inflows and delaying cash outflows.
c. maximising revenue and minimising expenses.
d. minimising the cost of capital and maximising the internal rate of return (IRR).
Question 6
Complete
M arked out of 1.00
What is the main function of a financial manager?
Select one:
a. To earn returns greater than those of the competitors.
b. To ensure liquidity and solvency.
c. To increase the value of ordinary shares.
d. To prevent bad debts.
State Finished
Completed on Saturday, 12 August 2023, 12:31 PM
Time taken 25 mins 47 secs
Question 1
Complete
M arked out of 1.00
Finance can be defined as the ...
Select one:
a. science of the production, distribution and consumption of wealth.
b. art of merchandising products and services.
c. system of debits and credits.
d. art and science of managing money.
Question 2
Complete
M arked out of 1.00
Any organisation that is managed in accordance with business principles should be able to ensure its survival because it will ...
Select one:
a. plan its cash inflows and outflows by means of a cash budget.
b. maximise its revenue from sales and control its expenses.
c. keep its cost of financing as low as possible.
d. undertake all the above-mentioned financial measures.
Question 3
Complete
M arked out of 1.00
During periods where the consumer price index (CPI) is expected to decrease, a retail firm will have to ...
Select one:
a. apply credit standards more strictly due to declining interest rates, increase in sales, but a slowdown of cash inflow.
b. budget more conservatively as a result of rising interest rates, a decline in sales and an increase in bad debts.
c. expand due to declining interest rates, an increase in sales and improved feasibility of investment opportunities.
d. relax credit standards due to a decline in sales, a decrease in bad debts and a slowdown of cash outflow.
, Question 4
Complete
M arked out of 1.00
If the company's managers are NOT owners of the company, they are ...
Select one:
a. traders.
b. outsiders.
c. agents.
d. dealers.
Question 5
Complete
M arked out of 1.00
The primary short-term financial goal of the firm may be best achieved by ...
Select one:
a. increasing expenses in order to reduce the firm’s tax liability.
b. accelerating cash inflows and delaying cash outflows.
c. maximising revenue and minimising expenses.
d. minimising the cost of capital and maximising the internal rate of return (IRR).
Question 6
Complete
M arked out of 1.00
What is the main function of a financial manager?
Select one:
a. To earn returns greater than those of the competitors.
b. To ensure liquidity and solvency.
c. To increase the value of ordinary shares.
d. To prevent bad debts.
