ABM 5 QUIZ 1

Which is NOT a function of money?

• As a medium of exchange

• As a standard value

• As a financial stability

• As a store of value

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

• Business Finance

• Finance

• Financial Management

• Money

A generally accepted as a means of paying for goods and services.

• Money

• Asset

• Liabilities

• Equity

Their role is to approve dividend distributions or mergers

• Board of Directors

• Shareholders

• VP for Marketing

• VP for Finance

Deals with decisions that are supposed to maximize the value of shareholder’s wealth

• Finance

• Management

• Financial Management

• Institutional Intermediaries

Which is NOT an example of a commercial bank?

• 
• 
• 
• 

Their role is to oversee the overall success of a business entity or other organization and for making top-level managerial decisions

• President

• Board of Directors

• VP for Administration

• VP for Finance

Any physical or electronic document that has intrinsic monetary value or transfers value

• Financial Market

• Financial Institution

• Financial Instrument

• Financial Management

The highest policy-making body in a corporation.

• VP for Administration

• President

• Shareholders

• Board of Directors

Supervised and regulates the different banks in the Philippines

• Insurance Commission

• Commission on Audit

• Bangko Sentral ng Pilipinas

• Rural and Cooperative Banks