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Business Finance-W-1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Define as the art and science of managing money.

a)

Banking

b)

Investment

c)

Finance

d)

Budgeting

2.

This picture shows an example of ___________

a)

Company profile

b)

Employee profile

c)

Organizational structure

d)

None of the choices

3.

It is the highest policy making body in corporation.

a)

Shareholders

b)

Board of directors

c)

President

d)

VP for finance

4.

Overseeing the operations of a company.

a)

Shareholders

b)

Board of directors

c)

President

d)

VP for finance

5.

Board of directors are formed through ______.

a)

appointment

b)

election

c)

hiring process

d)

None of the choices

6.

Which of the following roles of financial management is responsible to decide on how the surplus or profits of the organization is utilized.

a)

Allocation and utilization of financial resources

b)

Cash Flow management

c)

Financial planning

d)

Disposal of surplus

7.

Who appoints the President or the CEO of a company?

a)

Board of directors

b)

VP for human resources

c)

Not appointed, but elected

d)

None of the choices

8.

Which of the following does not belong to the group?

a)

Shareholders

b)

President

c)

VP for finance

d)

VP for marketing

9.

Performs coordinating and directing company sales

a)

President

b)

VP for production

c)

VP for finance

d)

VP for marketing

10.

It deals with decisions that are supposed to maximize the shareholders' wealth.

a)

Marketing

b)

Financial management

c)

Finance

d)

Management accounting