BF21 Unit 1 Practice Test

BF21 Unit 1 Practice Test

9th - 12th Grade

29 Qs

quiz-placeholder

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BF21 Unit 1 Practice Test

BF21 Unit 1 Practice Test

Assessment

Quiz

Financial Education

9th - 12th Grade

Hard

Created by

Millard Davis

Used 4+ times

FREE Resource

29 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which are examples of deposit-taking financial institutions?

commercial banks, credit unions, and brokerages 

commercial banks, corporations, and mutual savings banks

credit unions, savings and loan associations, and commercial banks

savings and loan associations, mutual savings banks, and insurance

firms

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which is an example of a non-deposit financial institution?

credit union

mortgage bank

mutual savings bank

commercial bank

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which is a measure of how well a business generates cash flow?

accounts receivable

accounts payable

capital structure

return on capital

4.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

The goals of the finance function are to ensure profitability and to:

reduce risks.

advertise products.

give out information.

manufacture raw materials.

5.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Determining which projects a business should invest in is known as:

return on capital.

capital budgeting.

capital structuring.

the cash conversion cycle.

6.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

Julie, a newly promoted manager, lacks the time to properly prepare

employee work schedules and assigns this duty to the assistant manager.

Which time management technique is Julie using?

delegating activities

standardizing tasks

setting objectives

procrastinating

7.

MULTIPLE CHOICE QUESTION

30 sec • 3 pts

An institution that combines the elements of a bureaucracy with those of

a private company is called a:

private company

semi-government

franchise business

government institution

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