financial management test quiz

what do you mean by Financial Management?

• arrangement of funds

• disbursement/uses of funds

• both of the above

• none of these

what is factoring?

• Production Plan

• New Financial Service

• Cost of Sales

• all of the above

current assets are also known as..........

The primary goal of financial management is

• to maximize the return

• to minimize the risk

• to maximize wealth of owners

• to maximize profit

1. Investment can be defined.

• Person’s dedication to purchasing a house or flat

• Use of capital on assets to receive returns

• Usage of money on a production process of products and services

• Net additions made to the nation’s capital stocks

A decision to acquire a new and modern plant to upgrade an old one is a

• financing decision

• working capital decision

• investment decision

• none of the above

Plans made for a period of one year or less are known as---------

Explain the difference between current assets and current liabilities.