Introduction to Financial Management

Introduction to Financial Management

12th Grade

15 Qs

quiz-placeholder

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Introduction to Financial Management

Introduction to Financial Management

Assessment

Quiz

Business

12th Grade

Hard

Created by

Stephanie Nemenzo

Used 19+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is the study of how the players in a financial system acquire, spend, manage, and make other sound financial decisions concerning money and other financial resources.

Finance

Money

Instrument

Business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is anything generally accepted as a means of paying for goods and services and for paying off debts or liabilities.

Finance

Money

Bills

Coins

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money is used as a ____________ because it’s the intermediary in the exchange process.

payment

store of value

medium of exchange

standard of value

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It means people can store their wealth in the form of money. Money acts as a _________.

checks

medium of exchange

standard of value

store of value

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It determines the economic worth in the exchange process.

Money as a standard of value.

Money as a medium of exchange.

Money as a store of value.

Money as a payment.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

TVM stands for what?

Total Valuable of Money

Time Value of Money

Total Value of Management

Time Valuable of Management

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sum of money in the hand has _______ value than the same sum to be paid in the future.

no

equal

greater

lesser

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