Business finance exam reviewer

Finance as a verb means:

• To regulate money

• To provide funding

• To save resources

• To invest in stocks

The main objective of corporate finance is:

• To maximize shareholder wealth

• To minimize taxes

• To increase expenses

• To avoid debts

Which is a subcategory of private finance?

• Public Finance

• Corporate Finance

• Personal Finance

• Institutional Finance

Government finance is also called:

• Fiscal administration

• Treasury operations

• Business budgeting

• Corporate planning

Which of the following falls under personal finance?

• Capital budgeting

• Retirement planning

• Corporate bond issuance

• Government debt management

A finance officer must be knowledgeable in:

• Economics and accounting

• Only marketing

• Only operations

• Pure HR tasks

Which of the following is NOT a qualification of a finance officer?

• Good communication skills

• Knowledgeable in financial markets

• Knowledgeable about marketing principles

• Ethical and socially responsible

A finance officer is considered a “shock absorber” because:

• They approve all requests without review

• They balance budgetary requests with available funds

• They control HR

• They manage legal disputes

Which skill allows a finance officer to convey financial results to others effectively?

• Technical skill

• Communication skill

• Marketing skill

• Auditing skill

To maintain favorable relationships with banks, a finance officer must:

• Avoid contact with them

• Work closely and build trust

• Ignore credit offers

• Focus only on investors