Financial Management Concepts and Challenges

Financial Management Concepts and Challenges

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Aaron Garza

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered the "engine room" of every successful business?

Marketing Strategy

Product Innovation

Financial Management

Human Resources

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT explicitly listed as a process involved in financial management's definition?

Planning

Organizing

Directing

Controlling

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Joseph Massie, financial management is responsible for obtaining and effectively utilizing funds for what purpose?

Market expansion

Efficient operations

Employee satisfaction

Brand recognition

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three critical questions financial management answers to align financial resources with business goals?

How to acquire, allocate, and control money

How to market, sell, and distribute products

How to hire, train, and retain employees

How to innovate, develop, and launch new products

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the four key objectives of financial management mentioned in the video?

Profitability

Liquidity

Growth

Stability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does "ensuring liquidity" as an objective of financial management mean for a company?

Maximizing shareholder dividends

Having enough cash for daily operations

Investing in long-term assets

Reducing overall debt

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of "Capital Allocation" in financial management?

To minimize tax liabilities

To ensure money is distributed to the most efficient areas

To attract new investors

To reduce operational costs

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