TEST FIN2603 - SESSION 2 2023/2024
Quiz
•
Financial Education
•
University
•
Practice Problem
•
Medium
Ibtihaj Karim
Used 4+ times
FREE Resource
Enhance your content in a minute
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Financial management is a process to ensure that financial resources are obtained & used profitably and effectively to accomplish the firm’s objective.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The assets management decision explains how assets have been acquired and must be managed efficiently to help the firm maximize risk and return.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
In Malaysia, the money market consists of a primary market and a secondary market.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The purpose of maintaining raw materials inventory is to incorporate between purchasing and production of the business.
TRUE
FALSE
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The Inflation risk will increase the purchasing power of financial instruments.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The credit term of 5/15 net 35 indicates a 5% discount if payment is made within 15 days and the last discount to claim is on day 35.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Cash discount given to encourage customer to buy in bulk.
TRUE
FALSE
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