Intro to FINMAN

Multiple Choice

Why is financial management important in our daily lives?

• It helps us make informed decisions about money and resources.

• It only matters for large businesses.

• It is only useful for accountants.

• It prevents all financial problems automatically.

Multiple Choice

Which of the following is NOT one of the main areas of finance?

• Financial Institutions, Markets, & Intermediaries

• Investments

• Financial Management

• Accounting

Multiple Select

Select all that apply: Which of the following are considered categories under private finance?

• Personal Finance

• Business Finance

• Public Finance

• NPO Organization

Multiple Choice

Which statement about nonprofit organizations is correct according to the slides?

• They are required to report financial information to the public.

• They are not required to report financial and operating information to the public and the Security Exchange Commission.

• They are concerned with government revenue and spending.

• They involve the lending of money to individuals.

Multiple Choice

What is the primary goal of an organization according to the slide?

• To maximize the wealth of its collective owners

• To increase sales

• To expand globally

• To reduce costs

Multiple Select

Which of the following are functions of the financial system?

• Promote savings function

• Payment function

• Protection against risk function

• Tax collection function

Multiple Choice

Classify the following as either banking or non-banking financial institutions: Universal Bank, Investment Bank, Insurance Company, Thrift Bank.

• Universal Bank - Banking, Investment Bank - Non-banking, Insurance Company - Non-banking, Thrift Bank - Banking

• Universal Bank - Non-banking, Investment Bank - Banking, Insurance Company - Banking, Thrift Bank - Non-banking

• Universal Bank - Banking, Investment Bank - Banking, Insurance Company - Non-banking, Thrift Bank - Non-banking

• Universal Bank - Non-banking, Investment Bank - Non-banking, Insurance Company - Banking, Thrift Bank - Banking

Multiple Choice

Which of the following is NOT a function of an investment bank in the Philippine context?

• Provides insurance in case of loss to individuals and firms

• Underwrites securities of another person or enterprise

• Provides planning, consultancy, and fund management

• Raises funds for enterprises

Multiple Select

Which of the following instruments belong to the Money Market?

• Negotiable Certificate of Deposit

• Bonds

• Commercial Paper

• Treasury Bills

Multiple Choice

Based on the struggles of select Filipinos, why is financial management important in everyday life?

• It helps avoid debt and financial stress.

• It guarantees wealth and luxury.

• It eliminates all financial risks.

• It is only useful for business owners.