Financial Management Quiz
Authored by Joyce Anne Alerta
Mathematics
University
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44 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of financial management?
To earn profit
To increase its own value as an economic entity
To improve the quality of life in the community
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Answer explanation
To earn profit, to increase its own value as an economic entity; and to improve the quality of life in the community
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the Valuation Approach in financial management aim to maximize?
Profit alone
Overall value of the firm
Shareholders' wealth
Answer explanation
valuation edi value hinahanap
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the short term sources of funds mentioned?
Bank overdrafts, factoring, commercial papers
Ordinary share capital, preference share capital
Long term loans and leases
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of a partnership?
Unlimited liability
Limited life
Both A and B
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main advantage of a corporation?
Limited liability for shareholders
Easier to dissolve than a partnership
Less government control
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What is an agency relationship in financial management?
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7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What is the role of financial managers in accounting?
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