TEST FIN2603 - SESSION 1 2023/2024

TEST FIN2603 - SESSION 1 2023/2024

University

30 Qs

quiz-placeholder

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TEST FIN2603 - SESSION 1 2023/2024

TEST FIN2603 - SESSION 1 2023/2024

Assessment

Quiz

Financial Education

University

Medium

Created by

Ibtihaj Karim

Used 3+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The principles of business finance are quite different from the principles of personal finance.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Financing activities are transactions involving externals sources of funding.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The responsibility of financial managers to allocate funds to current assets only.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Maximizing the price of a share of the firm's common share is the equivalent of maximizing the wealth of the firm's present owners.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The "new issues market" -- where first-time security issues are offered for sale -- is called the secondary market.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The goal of working capital management is to ensure that there is adequate cash flow for operations with the most productive use of resources.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Firm holding cash to avail the benefit of bargain purchases that may arise in the future call as precautionary motive.

TRUE

FALSE

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