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BUSINESS FINANCE 3RD QTR EXAMINATION

Quiz by Charlene Tabaniera

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25 questions
Show answers
  • Q1

    Finance includes financial management, the study of investment, and the study of institutions and markets.

    true
    false
    True or False
    45s
  • Q2

    Financial management is a decision-making process that includes planning, analysis, utilization, and acquisition of funds in order to achieve the desired goals of the business.

    true
    false
    True or False
    45s
  • Q3

    A financial institution serves as a link between the depositor who has the money and the lender who needs money.

    false
    true
    True or False
    45s
  • Q4

    The flow of money begins with the lender who opens a bank account and earns interest from the account.

    false
    true
    True or False
    45s
  • Q5

    Financial institutions include commercial banks, universal banks, investment banks, investment companies, finance companies, etc.

    true
    false
    True or False
    45s
  • Q6

    A financial institution can be a bank or nonbank.

    true
    false
    True or False
    45s
  • Q7

    Bond is an example of a short-term debt.

    false
    true
    True or False
    45s
  • Q8

    Notes are similar to bonds that have regular interest payments and have a specified maturity term.

    true
    false
    True or False
    45s
  • Q9

    Financial market are the meeting places of suppliers and users of various types of funds that can make transactions directly.

    true
    false
    True or False
    45s
  • Q10

    The finance manager may not consider the internal and external factors in preparing sales budget.

    false
    true
    True or False
    45s
  • Q11

    The following are the steps to compute for the cash budget. Arrange its steps from step 1 to step 4.

    Users link answers
    Linking
    60s
  • Q12

    The following are the responsibilities of a Board of Director, except one.

    Determining top management's compensation.

    Approving company's strategies, goals and budgets.

    Formulating business strategies and plans.

    30s
  • Q13

    The _______ performs all areas of management such as planning, organizing, staffing, directing, controlling and evaluating

    Vice President for Administration

    President

    Vice President for Sales and Marketing

    30s
  • Q14

    _______ deals with managing the assets of the firms.

    Financing decisions

    Operating decisions

    Investing decisions

    30s
  • Q15

    ________ deals with working capital management.

    Financing decisions

    Investing decisions

    Operating decisions

    30s

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