FINANCIAL MANAGEMENT

Finance functions are

• Planning for funds

• Raising of funds

• Allocation of funds

• All of the above

Which financial decision help a businessman in opening a new branch of its business. 

• Financing decision
• Dividend decision
• Investment decision
• None of the above

Which of the following assets is not considered as current asset: 

• Stock
• Furniture 
• Cash
• Goodwill

The objective of wealth maximization takes into account

• Amount of returns expected
• Timing of anticipated returns
• Risk associated with uncertainty of returns
• All of the above

Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.

• Consumer

• Seller

• Capital

• Demand

In a financial market, the price to borrow money is called the?

• Deposit

• Interest Rate

• Credit

• Cost

The ___________________ is a report of the revenue, expenses, and net income or net loss over an accounting period.

• income statement

• accounts payable

• owner's equity

• financial statement

______________ are property and other items of value owned by a business.

• Current assets

• Fixed assets

• Liabilities

• Assets

A _____________________ is a report of the balances in all assets, liability, and owner's equity accounts at the end of a accounting period

• statement of cash flows

• balance sheet

• income statement

• financial statement

______________ is money supplied by investors, banks, or owners of a business.

• Equity

• Capital

• Income statement

• Property