
Topic 1: Intro to Financial Management
Quiz
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Business
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University
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Medium
Faizal Kamarudin
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13 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following legal forms of organization is most expensive to organize?
Sole proprietorships.
Partnerships.
Corporations.
Limited partnership.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The primary goal of the financial manager is
minimizing risk.
maximizing profit.
maximizing wealth.
minimizing return.
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
A more recent issue that is causing major problems in the business community is
the privatization of ownership.
short-term versus long-term financial goals of
management.
ethical problems.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The ________ provides a financial summary of the firm's operating results during a specified period.
income statement
balance sheet
statement of cash flows
statement of retained earnings
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Financial management refer to study and practice of money related decisions within a firm.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Below are the importance of financial management except:
Planning and controlling financial resources
Allow better communication among department
To guide proper financial decision making
Help to promote product
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
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