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Financial Management: An overview

Total questions: 30

Worksheet time: 19mins

Name
Class
Date
1.

What is financial management?

a)

Management of finance

b)

Managaging procurement and utilisation of fund

c)

Accounting for managerial decision making

d)

All of the above

2.

The job of a finance manager is confined to

a)

Raising of funds

b)

Management of cash

c)

Utilisation of fund

d)

Both raising and utilisation of fund

3.

Capital budgeting is associated with

a)

Long term and short term assets

b)

Fixed assets

c)

Long term assets

d)

Short term assets

4.

The primary goal of financial management is

a)

To maximise the return

b)

To maximise the wealth of owners

c)

To minimise the risk

d)

To maximise profit

5.

Future value interest factor takes

a)

Compounding

b)

Inflation

c)

Discounting

d)

Deflation

6.

Multiple compounding period means

a)

Interest compounded more than once in a year

b)

Interest is calculated for a number of years

c)

Interest compounded anually

7.

What is the compound value of Rs. 10,000 at the end of 3rd year at 12% interest when interest is calculated on quarterly basis?

a)

14050

b)

13500

c)

14260

d)

15430

8.

What is ignored in profit maximisation?

a)

Dividend

b)

Time value

c)

Risk

d)

Earnings

9.

"Financial management is concerned with the acquisition, financing and management of assets with some overall goal in mind". Whose definition is this?

a)

Khan & Jain

b)

Solomon

c)

J.F. Bradley

d)

James C. Van Horne

10.

Business finance is a part of

a)

Corporate finance

b)

Private finance

c)

Public finance

d)

Personal finance

11.

...........and ............ carry a fixed rate of interest and are to be paid off irrespective of the firm's revenues

a)

Debentures, Dividends

b)

Debentures, Bonds

c)

Dividends, Bonds

d)

Dividends, Treasury notes

12.

Which of the following is not a source of external financing for a public limited company?

a)

Ovedraft

b)

Debentures

c)

Retained profit

d)

Share capital

13.

Factoring involves

a)

Purchase and collection of debts

b)

Sales ledger management

c)

Provision of specialised services related to credit investigation

d)

All of the above

14.

..............is concerned with maximisation of a firm's stock price

a)

Shareholder wealth maximisation

b)

Profit maximisation

c)

Stakeholder welfare maximisation

d)

EPS maximisation

15.

Which of the following is a financing decision?

a)

Providing for doubtful debts

b)

Issuing a 5- year Bond

c)

Depreciating a fixed asset

16.

The profits in a year which are not distributed to shareholders are called (a)  

17.

Which of the following is a hybrid form of security?

a)

Equity shares

b)

Preference shares

c)

Debentures

d)

None of these

18.

Which of the statement is not true?

a)

Debenture is a creditorship security

b)

Ownership securities are represented by debentures

c)

Retained profit is an internal source of financing

d)

All of the above

19.

Shares issued to the promoters of a company

a)

Sweat equity share

b)

No par share

c)

Deferred share

d)

Right share

20.

Which of the following bond that carries high yield and high risk?

a)

Zero Coupon Bond

b)

Junk Bond

c)

Bunny Bond

d)

Bearer Bond

21.

Compounding technique is used to:

a)

Find out the future value of money

b)

Find out both present and future value of money

c)

Find out the present value of money

d)

None of the above

22.

Equity financing designed specially for funding start ups and high technology projects

a)

Seed capital

b)

Bridge finance

c)

Venture capital

d)

Forfaiting

23.

Which among the statement is not true for a debenture

a)

Long term loan finance

b)

Interest on debenture is a tax deductible expense for the company

c)

Fixed and regular source of income to the investor

d)

None of these

24.

Raising finance by selling export bill is called (a)  

25.

Which among the following is not true about an operating lease

1. Short term lease

2. Irrevocable

3. Lessee bears the cost of maintenance and insurance

4. Revocable

a)

2 & 3

b)

2 & 4

c)

Only 4

d)

1 & 4

26.

What is the present value of Rs. 5,00,000 to be received after 5 years assuming 10 % interest rate?( DF- .621)

a)

2,35,500

b)

3,10,500

c)

3,15,000

d)

3,50,500

27.

The process of converting long term illiquid assets into financial instruments for raising money is called

a)

Securitisation

b)

Bridge Finance

c)

Venture Capital

d)

Seed Capital

28.

Trading on equity is possible on

a)

Debentures

b)

Preference shares

c)

Equity shares

d)

Debentures and preference shares

29.

Which is not a part of investment decision?

a. Working capital management

b. Cash management

c. Credit management

d. Capital budgeting

a)

c

b)

d

c)

a & b

d)

b & c

30.

The type of preference share which is eligible for arrears of dividend

a)

Participating

b)

Cumulative

c)

Redeemable

d)

Covertible