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WorksheetsFINANCE 200 TERM EXAM
Total questions: 25
Worksheet time: 13mins
It occurs if you have a positive cash flow.
Surplus
Deficit
Debt
Budget
It is a plan for managing your money in a way that best meets your personal needs and wants.
Budgeting
Shopping
Buying
Management
Money that you spent and this includes anything you purchased.
Expenses
Loan
Equity
Liabilities
What is the term used to illustrate temptation, resulting tendency to forego a future benefit in order to obtain an immediate result or benefit.
Bottom Dollar
Penny Pincher
Instant Gratification
Dime a Dozen
Which of the following is the first phase in financial life?
Birth
Start-up
Build-up
Making investment
Money you have left over after paying for essentials.
Discretionary Income
Wealth
Suplus
Assets
It has the right to get capital before winding up, before anything is paid to equity shareholders.
Equity Shares
Cumulative Shares
Ordinary Shares
Preference Shares
It is like the scrip dividends, the only difference is that they carry longer maturity period and bears interest.
Stocks
Bonds
Bond Dividends
none of the above
The originally contributed capital is returned to the shareholders mainly at the time of shutting down the business? What type of dividend is this?
Liquidating Dividend
Winding up Dividend
Ending Dividend
Ordinary Dividend
A well-informed investor who fully understands his or her rights is much less susceptible to additional risks.
False
True
It was given sole authority to issue the republic's new paper money, regulate and supervise tje country's banking system.
Bank of the Philippine Islands
Rodriguez Bank
Obras Pias
Central Bank of the Philippines
What is the first savings bank established in the Philippines?
Bank of the Philippine Islands
Development Bank of the Philippines
Bangko Sentral ng Pilipinas
Land Bank of the Philippines
A charitable foundations for the support of hospitals, convents, missions and schools, as well as chaplains.
Rural Bank
Thrift Bank
Savings Bank
Obras Pias
A privately managed and largely owned that provide credit facilities to farmers and merchants.
Savings Bank
Commercial Bank
Rural Bank
Al-Amanah Bank
It is a financial institution licensed to receive deposits and make loans.
Bank
Cooperative
DTI
BIR
It can be defined as the art and science of managing money.
Management
Economics
Marketing
Finance
Who is the author of the book Rich Dad, Poor Dad?
Robert Kazhumiro
Roberto Kayosaki
Robert Kiyosaki
Robert Kawasaki
Which of the following is the ADVANTAGE of organizing a Sole Proprietorship?
Unlimited financial liability
Performs a wide range of managerial functions
Retains all profits after paying taxes
Hard to organize
In organizing a sole proprietorship, you must register with the Bureau of Internal Revenue.
Fact
Bluff
An entity created by law owned by shareholders.
Corporations
Cooperative
Banks
all of the above
What is a simple way to determine how long an investment will take to double given a fixed annual rate of interest?
Rule of Money
Financial Rule
Rule of 72
Double Money Rule
It is something that individual desires, but would be able to live without.
Assets
Wealth
Wants
Needs
It occurs if you have a negative cash flow?
Deficit
Net Income
Surplus
Profit
It means planning, organizing, directing and controlling the financial activities of the enterprise.
Financial Goals
Business Management
Financial Management
Financial Literacy
It is used to evaluate the strength of a person's income.
Surplus
Assets
Discretionary Income
Wealth
