Financial Management Objective Quiz

What are the two primary financial management objectives for an organization?

• Cost minimization and risk reduction

• Wealth maximization and profit maximization

• Revenue generation and market expansion

• Liquidity enhancement and asset acquisition

What does capital requirement estimation depend on?

• Market trends and consumer behavior

• Investment strategies and financial policies

• Equity capital and external funds

• Profit margins and operational costs

Which of the following is NOT a method to raise additional funds?

• Issuing debentures

• Selling company assets

• Public deposits

• Taking loans from banks

What is the role of a finance manager in pricing and price control?

• To allocate funds and ensure investment protection

• To manage human resources and recruitment

• To oversee marketing strategies and promotions

• To develop new product lines and services

What does the term 'funds' include?

• Cash, borrowed funds, and equity stocks

• Only cash and bank loans

• Only borrowed funds and cash reserves

• Only equity stocks and public deposits

How can a company manage its funds effectively?

• By outsourcing financial management

• By investing in high-risk ventures

• By increasing prices and reducing costs

• By declaring dividends and retaining income

What is a key component of financial control?

• Expanding product lines to new markets

• Reducing operational costs across departments

• Increasing sales through aggressive marketing

• Building techniques and methods for fund management

What does the organizational goal depend on?

• Market share and customer satisfaction

• Technological advancements and innovations

• Profits, expected costs, and future programs

• Employee performance and training

Which of the following is a source of funds?

• Market research costs

• Operational expenses

• Employee salaries

• Public deposits

What is the purpose of comprehensive cost-accounting systems?

• To monitor expenditure in financial management

• To increase sales and market share

• To develop new financial products

• To manage human resources effectively