Manage Finance

What is the wrong characteristic of need?

• Not being essential

• Common

• Cannot be created

• Being limited

Select the wrong statement.

Wants are

• not essential.

• diverse in nature

• can be created

• simple and limited to individuals

What is not relevant to Maslow's Hierarchy of needs?

• Physiological

• Safety

• Love and affection

• Esteem

• Personality

Select the business factors from below list;

• Labour

• Finance

• Capital

• Entrepreneurship

• Land

Select two business objectives

• Earn profits

• Make employees happy

• Leverage customer satisfaction

• Purchase business assets

Select the correct definition for business stakeholders ?

• Anybody purchase goods and services

• Investors

• Government

• Banks provided financial means for business

• Any individual has an interest towards business

Select the internal stakeholder.

• Customers

• Government

• Banks

• Competitors

Select the factors of economic environment

• Interest rates

• Wages and salaries

• Exchange rates

• Technology

• Inflation

We could categories any business based on..

• ownership

• objectives

• financial asset base

• scale

• total number of employees

Select the accounting objectives as follows;

• Record business transactions

• Analyze future demand

• Compliance with legal requirements

• Support decision making process

• Prepare financial reports