wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Finance Buzz

Total questions: 56

Worksheet time: 33mins

Name
Class
Date
1.

Business environment includes which of the following?

a)

Internal and External forces

b)

Only internal forces

c)

Only external forces

d)

Competitors only

2.

SWOT stands for —

a)

Strengths, Weaknesses, Opportunities, Threats

b)

System, Work, Output, Targets

c)

Strategy, Weakness, Output, Team

d)

Structure, Workforce, Opportunities, Targets

3.

PESTLE stands for —

a)

Political, Economic, Social, Technological, Legal, Environmental

b)

Public, Economic, Social, Technical, Legal, Ethical

c)

Political, Environmental, Social, Technical, Legal, Ethical

d)

Policy, Economic, System, Technical, Legal, Ethics

4.

Which of these is not a feature of business environment?

a)

Dynamic

b)

Interrelated

c)

Unchangeable

d)

Complex

5.

Which component of SWOT reflects internal strength?

a)

Skilled workforce

b)

Political stability

c)

Technological advancement

d)

Market trends

6.

Which of the following best represents an opportunity in SWOT?

a)

Change in consumer preference favoring firm’s product

b)

Increase in competition

c)

High employee turnover

d)

Government restrictions

7.

A business environment helps in —

a)

Identifying threats and opportunities

b)

Controlling competition

c)

Avoiding all risks

d)

Guaranteeing profits

8.

Which is not part of PESTLE?

a)

Economic

b)

Legal

c)

Organizational

d)

Technological

9.

Customers are part of —

a)

Micro environment

b)

Macro environment

c)

Internal environment

d)

Global environment

10.

Economic policies are part of —

a)

Micro environment

b)

Macro environment

c)

Internal environment

d)

Task environment

11.

Competitors belong to —

a)

Micro environment

b)

Macro environment

c)

Internal environment

d)

Strategic environment

12.

Inflation is part of which environment?

a)

Micro

b)

Macro

c)

Internal

d)

Social

13.

Suppliers are part of —

a)

Micro environment

b)

Macro environment

c)

Internal environment

d)

Both

14.

Government regulations affect —

a)

Macro environment

b)

Micro environment

c)

Both equally

d)

None

15.

Technological change belongs to —

a)

Macro environment

b)

Micro environment

c)

Internal factors

d)

Financial environment

16.

A change in global oil price is part of —

a)

Macro environment

b)

Micro environment

c)

Economic decision

d)

Internal policy

17.

NEFT stands for —

a)

National Electronic Funds Transfer

b)

National Exchange Funds Transfer

c)

Network Electronic Financial Transfer

d)

National Electronic Financial Transaction

18.

RTGS stands for —

a)

Real Time Gross Settlement

b)

Rapid Transfer Gross Settlement

c)

Real Transaction Gross System

d)

Retail Time Gross Settlement

19.

Minimum limit for RTGS transfer is —

a)

n2 lakh

b)

n1 lakh

c)

n10,000

d)

n50,000

20.

IMPS stands for —

a)

Immediate Payment Service

b)

Instant Payment System

c)

Internet Money Payment Service

d)

Immediate Money Processing System

21.

E-banking means —

a)

Banking through electronic channels

b)

Manual banking

c)

Offline transactions

d)

Cheque-based payments only

22.

Which of these is not a benefit of e-banking?

a)

Time saving

b)

Convenience

c)

Paperwork reduction

d)

Increase in manual errors

23.

Which system works 24x7?

a)

NEFT

b)

RTGS

c)

IMPS

d)

Cheque Clearing

24.

OTP in banking stands for —

a)

One Time Password

b)

Online Transaction Pin

c)

One Time Process

d)

Online Token Password

25.

Working capital = ?

a)

Current Assets - Current Liabilities

b)

Fixed Assets - Liabilities

c)

Current Liabilities - Current Assets

d)

Cash + Debtors

26.

Which factor affects working capital?

a)

Business nature

b)

Production cycle

c)

Credit policy

d)

All of these

27.

High working capital means —

a)

More liquidity

b)

Less liquidity

c)

Loss situation

d)

Zero capital

28.

Seasonal industries require —

a)

Fluctuating working capital

b)

Permanent working capital

c)

Fixed capital

d)

No capital

29.

Shortage of raw materials will —

a)

Reduce working capital

b)

Increase working capital

c)

No effect

d)

Stabilize capital

30.

Which is not a type of working capital?

a)

Permanent

b)

Temporary

c)

Fixed

d)

Variable

31.

Cash credit is a source of —

a)

Short-term finance

b)

Long-term finance

c)

Fixed capital

d)

Reserve capital

32.

Which ratio is linked to working capital?

a)

Current ratio

b)

Debt-equity ratio

c)

Fixed turnover ratio

d)

Profit ratio

33.

Short-term finance is used for —

a)

Working capital needs

b)

Purchase of machinery

c)

Long projects

d)

Equity investment

34.

Long-term finance is used for —

a)

Fixed asset purchase

b)

Inventory management

c)

Wages payment

d)

Short-term debt

35.

Trade credit is —

a)

Credit extended by suppliers

b)

Credit extended by banks

c)

Credit given to shareholders

d)

None of these

36.

Public deposits are raised from —

a)

General public

b)

Government

c)

Employees only

d)

Shareholders

37.

Inter corporate deposits are —

a)

Deposits between companies

b)

Deposits from government

c)

Deposits to individuals

d)

Deposits from banks

38.

Preference shares provide —

a)

Fixed dividend

b)

Voting rights

c)

No dividend

d)

Guaranteed profits

39.

Debentures represent —

a)

Loan capital

b)

Ownership capital

c)

Reserves

d)

Bonus issue

40.

Equity shareholders are —

a)

Owners of company

b)

Creditors

c)

Debtors

d)

Depositors

41.

Bonus shares are —

a)

Issued free to shareholders

b)

Issued for cash

c)

Issued to employees

d)

Issued to debenture holders

42.

Sweat equity shares are issued to —

a)

Employees for their contribution

b)

Shareholders for bonus

c)

Public for free

d)

Debenture holders

43.

Principle of unity of command means —

a)

One boss, one order

b)

Two bosses, one worker

c)

Many supervisors

d)

Flexible authority

44.

Which of these is a function of management?

a)

Planning

b)

Arguing

c)

Ignoring

d)

Disorganizing

45.

Planning involves —

a)

Setting objectives

b)

Hiring employees

c)

Directing subordinates

d)

Controlling expenses

46.

Taylor is known for —

a)

Scientific management

b)

Administrative management

c)

Bureaucratic management

d)

Modern management

47.

Fayol is known for —

a)

Administrative management

b)

Scientific management

c)

Modern theory

d)

Contingency theory

48.

Planning helps in —

a)

Reducing uncertainty

b)

Increasing chaos

c)

Avoiding goals

d)

Wasting time

49.

Taylor’s principle of harmony refers to —

a)

Cooperation, not individualism

b)

Individual performance only

c)

Strict supervision

d)

Financial incentives only

50.

Scalar chain means —

a)

Chain of authority

b)

Chain of suppliers

c)

Chain of employees

d)

Chain of planning

51.

Which is not a principle of Fayol?

a)

Discipline

b)

Order

c)

Unity of direction

d)

Division of losses

52.

Planning is —

a)

Future-oriented

b)

Past-oriented

c)

Random

d)

Irrelevant

53.

Coordination is —

a)

Essence of management

b)

Optional function

c)

Unimportant

d)

Temporary

54.

A firm’s working capital is n5,00,000 and current assets n9,00,000. Find current liabilities.

a)

n4,00,000

b)

n14,00,000

c)

n5,00,000

d)

n9,00,000

55.

Which principle of management is violated when an employee gets orders from two superiors?

a)

Unity of Command

b)

Scalar Chain

c)

Authority and Responsibility

d)

Centralization

56.

Which finance source involves issue of securities to existing shareholders?

a)

Right issue

b)

Bonus issue

c)

Public issue

d)

Private placement