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WorksheetsMidterm
Total questions: 54
Worksheet time: 46mins
Arlene is a fast food manager, one of her tasks is to do sales forecast. This is an example of ________.
Long Term Planning
Long Term Financial Planning
Short Term Planning
Short Term Financial Planning
The focus of Short Term Planning is everyday function of the company.
TRUE
FALSE
Due to the aftermath of COVID 19, the tourism industry is still recovering. This factor influencing the Sales Budget is under _______?
Environmental Factor
External Factor
Internal Factor
Social Factor
Epril is a manager of a Bakery, she forecast that tomorrow's sales will be twice as many as today's sales how ever due to power interruptions the sales decreases. This optimism of Epril causes opportunities
TRUE
FALSE
To maximize shareholder's wealth it is important to have specific objectives rather than specific time
TRUE
FALSE
It showcase the company's current performance
Projected Financial Statement
Projected Income Statement
Projected Balance Sheet
Projected Financial Position
Rent and Other utilities expenses
Sales Budget
Production Budget
Operations Budget
Expense Budget
Petty Cash is an example of ________
Sales Budget
Production Budget
Operation Budget
Cash Budget
Karl works for a shoe factory, he earned 250 pesos per day. He saves his money in order to buy a new cellphone next month. He shouldn't do it because the money will lose its value
TRUE
FALSE
This is an example of _______
M1
M2
M3
M4
Grace bought a luxury handbag for Php. 100,000, upon expecting it at home the quality of the bag did not meet her expectation. This scenario is best describe as _________
Value of Money
Value for Money
Velocity of Money
Money Supply
The Central bank occurred expenses amounting to Php 300.00 to produce a P1,000 peso bill
Metallic Standard
Non-metallic Standard
Bimetallic Standard
Fiat Standard
Mickey Mouse Money during World War II is an example of _________
Utopian Paper Standard
Involuntary Paper Standard
Managed Currency Standard
Money Paper Standard
Money that 100% back up by gold and silver
Commodity
Non-Commodity
Monometallic
Bimetallic
The most liquid assets?
CAPITAL
BUDGET
CASH
WORKING CAPITAL
Harry has a Bar located at Pulilan Bulacan, everyday he allocates Php.25,000 for its day to day operations. This is an example of _________
Working Capital
Net Working Capital
Permanent Working Capital
Temporary Working Capital
Since the Stock Market is Low, Barry from a firm suggested to buy additional stocks since the company has money surplus. This scenario explains_______
Transactional Reasons
Compensational Reason
Precautionary Reasons
Speculative Reasons
Mostly of the company that survives during COVID 19 Pandemic, are businesses that have enough cash to cover their monthly expenses. This scenario is best explain through_________.
Transactional Reasons
Compensational Reasons
Precautionary Reasons
Speculative Reasons
Only good company's reputation can affect the sales budget of the business?
TRUE
FALSE
In setting company's objective less details is good for short term planning?
TRUE
FALSE
To start up a restaurant is an example of a Long Term Plan while to get a permit is an example of Long Term Plan
TRUE
FALSE
Money is the medium of exchange it means that when I dine-in a Buffet the cashier will accept my credit card.
TRUE
FALSE
When a country uses either gold or silver, this is an example of ______
Mettalic Standard
Mono Metallic Standard
Bimetallic Standard
Fiat Standard
Pilipino only uses barter after the Spaniards come to the Philippines
TRUE
FALSE
Is the medium of Exchange
(a)
It provides roadmaps or guide the business or company
(a)
It includes cash, account receivable, and inventories of the company
(a)
The administrator that control the company's working capital
(a)
The term for creation and study of money investment and other financial instruments
(a)
It refers to the corpus of funds and credit employed in a business
(a)
The person who is responsible for financial decisions
(a)
A place or a system that provides buyers and sellers the means to trade financial instrument
(a)
A place where consumers can effectively manage earnings and develop financial footing.
(a)
The practice of making a business plan and then ensuring that all departments stays with it
(a)
You want to start-up a coffee shop however, you don't have enough capital so you decided to borrow loan from a bank amounting to Php. 500,000 with a 2.5% monthly Interest. The following month your statement of account is now 512,500 the 12,500 difference is known as ______
Interest Rate
Charge
Amount Due
Debt
Dan wants to open an Unli wings business at Cruz na Daan, San Rafael, Bulacan. The estimated amount for this kind of business is Php. 100,000. Since he only has Php.30,000 as savings to use, he asked his siblings to invest on his business. This scenario is an example of ________
Credit Finance
Equity Finance
Debt Finance
Bank Finance
Since Baliwag Bulacan is now categorize as City, the municipality of Baliwag will now increase their tax from 5% to 10%. This is known as ______
Government Finance
City Finance
Public Finance
National Finance
Before opening a poultry shop, Mark conducted a feasibility study to ensure optimal profit for the business. This means?
Earn Profit
Earning Profit
Increasing Profit
Maximizing Profit
Red invested his money on a pyramiding business, due to lack of recruits he might not get is capital back. This risk that red goes to in this investment is known as ________?
Market Risk
Liquidity Risk
Credit Risk
Operational Risk
Kim wants to purchase a new car from Toyota, before the bank approves his car loan he undergo an intensive interview and background check. This steps will help the bank with?
Market Risk
Liquidity Risk
Credit Risk
Operation Risk
AGC Banks only accepts deposits and lend money. This type of bank is known as _________.
Investment Bank
Thift Bank
Internet Bank
Commercial Bank
Sunlife Canda, PruLife, AIA-BPI Philippines is an example of _______
Credit Union
Insurance Company
Mortgage Company
Brokerage Firm
If Karen wants to buy and sell debt securities. Which market she needs to go?
Financial Market
Bonds Market
Bond Market
Derivates
What is the basic functions of Financial Manager?
Budgeting / Investment/ Dividend Decision
Investment / Financial / Dividend Decision
Capital / Investment / Financial Decision
Financial / Performance / Budgeting Decision
Security can represent as part of private-traded company?
TRUE
FALSE
A money changer business which buys and sells dollars in different rates and dates. The activity is known as ________
Spot
Currency Swap
Outright Forwards
Currency Buying and Selling
SAFE occurs in the under the counter market
TRUE
FALSE
Whose tasks is to evaluate how much money is needed in order to start-up a new branch or expand the business?
Captial Budgeting
Capital Investment
Capital Structure
Working Capital
A forward should have different price at the end of each contract.
TRUE
FALSE
Differentiate Inflation from Deflation and give example/s to further explain
Which is much better in getting a Capital an Equity Finance or Debt Finance? and Why?
On your own words, why do you think it is important to study BUSINESS FINANCE?
On your own understanding, What is the importance of Business Finance with your course?
Buying and selling is known as primary market while issuing a new debt is known as secondary market
TRUE
FALSE
