SP XII test 1(2)

Finance is the management of ................. affairs of the company.

• monetary

• marketing

• production

The sum of all ................. is gross working capital.

• expenses

• current assets

• current liabilities

................. means mix up of various sources of funds in desired proportion.

• Capital budgeting

• Capital Structure

• Capital Goods

A key determinant of success of any business function.

The process of converting raw material into finished goods.

The internal source of financing.

The ratio of different sources of funds in the total capital.

The business will require huge funds, if assets are acquired on lease basis.

• True

• False

Business firm gives green signal to the project only when it is profitable

• True

• False

Liberal credit policy creates a problem of bad debts.

• True

• False