GEFE UNIT 4 (2023-2024)

Indicate which of the following proposition is correct:

• The net worth of a company cannot be modified.
• The economic structure of the company indicates how the financial resources have been used.
• The economic structure of the company indicates the origin of the financial resources.
• None of the above is correct.

Indicate which of the following proposition is correct:

• The requirements to qualify for a government grant are always the same.
• In order to obtain a subsidy subject to competitive concurrence, it is sufficient that the file meets the requirements and the administration has funds available.
• Failure to comply with the project receiving a subsidy may result in the loss of the aid received.
• None of the above.

Indicate which of the following proposition is correct:

• The use of financial resources always involves incurring payment obligations.
• A company's assets also include financial resources.
• Financial resources always come from the company's own resources.
• All of the above statements are correct.

Indicate which of the following proposition is correct:

• The economic structure of a company is made up of assets.
• The economic structure of a company is made up of goods and rights.
• The economic structure of a company is made up of goods, rights and obligations.
• None of the above is correct.

Indicate which of the following proposition is correct:

• The financial structure of a company is made up of short-term and long-term maturing payment obligations.
• The financial structure of a company is made up of payment obligations maturing in the long term.
• The financial structure of a company is made up of its own sources of financing and external sources of financing.
• None of the above is correct.

Indicate which of the following proposition is correct:

• Reserves are considered outside financial resources.
• Reserves are considered to be self-financing for maintenance.
• Reserves are considered as self-financing in enrichment.
• None of the above is correct.

Indicate which of the following statements is correct:

• Loans allow the borrower to draw down the amount of money he/she needs and pay interest only on the amount drawn down.
• Loans are granted for an amount that must be repaid within the repayment period together with the interest generated.
• Loans are financial products that allow the amount of collection rights to be advanced.
• All of the above are correct.

Indicate which of the following propositions is correct:

• Leasing is a financial lease.
• Leasing is an operating lease.
• Leasing allows invoices to be collected before their due date.
• None of the above is correct.

Indicate which of the following statements is correct:

• The negotiation of bills of exchange involves the assignment of all collection rights.
• Negotiation of bills of exchange is a specific transaction.
• Factoring does not involve the assignment of all collection rights.
• Factoring involves the assignment of all payment obligations.

Indicate which of the following senteces is correct:

• Trade discounting is a source of long-term financing.
• Borrowing is a source of own financing.
• Trade credit is a source of long-term financing.
• Trade credit is a source of short-term financing.