This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 9 Financial Management – Quiz 82 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 9 Financial Management Quiz 82 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A soda costs $ 1.75. Tax is 6.25%. Find the amount of tax for the soda. A) .12. B) .10. C) .13. D) .11. Show Answer Correct Answer: D) .11. 2. In traditional approach the financial manager is responsible for: A) Arrangement and efficient utilisation of funds. B) Arrangement of financial resources. C) Acquiring capital assets for the organisation. D) All of the above. Show Answer Correct Answer: B) Arrangement of financial resources. 3. How do you calculate gross profit? A) Sales-COGS. B) Sales-NP. C) COGS-Expenses. D) COGS-NP. Show Answer Correct Answer: A) Sales-COGS. 4. Which of the following is the goal of financial management? A) Maximize the wealth of Equity shareholders. B) Maximize the wealth of Preference Shareholders. C) Maximize the wealth of Debenture holders. D) All of the above. Show Answer Correct Answer: A) Maximize the wealth of Equity shareholders. 5. Liquidity refers to: A) How much money a business has available in the bank. B) The level of current liabilities compared to current assets. C) The ease with which an asset can be converted into cash. D) The amount of short-term assets a business has. Show Answer Correct Answer: C) The ease with which an asset can be converted into cash. 6. 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. Show Answer Correct Answer: B) 3, 10, 500. 7. Which of the following are financial assets? A) Bonds. B) Machines. C) Stock. D) Bonds and machines. Show Answer Correct Answer: D) Bonds and machines. 8. Tax is a liability. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 9. Income Statement adalah suatu laporan keuangan yang mengikhtisarkan: A) Hasil usaha perusahaan. B) Hasil pinjaman pihak ke-3. C) Hasil penerbitan saham. D) Jawaban a, b dan c semua benar. Show Answer Correct Answer: A) Hasil usaha perusahaan. 10. The cost of equity share or debt is known as ..... A) The specific cost of capital. B) The related cost of capital. C) The burden on the shareholder. D) None of the above. Show Answer Correct Answer: A) The specific cost of capital. 11. Converting Present to Future Value is A) Compounding. B) Discounting. C) All the above. D) None of the above. Show Answer Correct Answer: A) Compounding. 12. Sriram Industries Ltd. issued 10, 000, 10% Debentures of Rs.100 each. The tax rate is 50%. what would be the after tax cost of debt if the debentures are issued at par? A) 5%. B) 4%. C) 3%. D) 2%. Show Answer Correct Answer: A) 5%. 13. The amount of money in a paycheck after deductions? A) Gross Pay. B) Net Pay. C) Year To Date. D) Deductions. Show Answer Correct Answer: B) Net Pay. 14. Petrol cost $ .10 per gallon in 1930. Over the next 60 years, the price rose at an average rate of 4.42% per year. Based on this information, what was the average price of a gallon of petrol in 1990? A) $ 2.75 per gallon. B) $ 1.53 per gallon. C) $ 2.65 per gallon. D) $ 1.34 per gallon. Show Answer Correct Answer: C) $ 2.65 per gallon. 15. The term capital structure refers to A) Long-term damped preferred stock and common stock equity. B) Current assets and current liability. C) Total assets minus liability. D) Shareholders equity. Show Answer Correct Answer: A) Long-term damped preferred stock and common stock equity. 16. Municipal bonds A) Short term debt. B) Long term debt. C) All the above. D) None of the above. Show Answer Correct Answer: B) Long term debt. 17. What is the mix of equity and debt used to finance a firm's permanent needs? A) Financial leverage. B) Capital structure. C) Budgeted income statement. D) Risk-return trade-off. Show Answer Correct Answer: B) Capital structure. 18. According to Suze Orman, what is the key to money? A) Ignoring financial advice. B) Saving every penny. C) Spending impulsively. D) Investing wisely. Show Answer Correct Answer: D) Investing wisely. 19. What are the three main financial statements? A) Expense Report, Asset Statement, Financial Summary. B) Income Statement, Balance Sheet, Cash Flow Statement. C) Profit and Loss Statement, Equity Statement, Revenue Report. D) Financial Position Statement, Income Report, Cash Management Statement. Show Answer Correct Answer: B) Income Statement, Balance Sheet, Cash Flow Statement. 20. Five years ago, sona Limited issued 12 % irredeemable debentures at Rs. 103, at Rs. 3 premium to their par value of Rs. 100. The current market price of these debentures is Rs. 94. If the company pays corporate tax at a rate of 35 %, calculate its current cost of debenture capital? A) 7.57 %. B) 8.30 %. C) 12 %. D) None of these. Show Answer Correct Answer: B) 8.30 %. 21. 2-In his traditional role the finance manager is responsible for ..... A) Arrange of utilization of funds. B) Arrangement of financial resources. C) Effective management of capital. D) Acquiring capital assets of the organization. Show Answer Correct Answer: C) Effective management of capital. 22. Yang tidak termasuk dalam Liquidity ratio (rasio likuiditas) adalah A) Current Ratio. B) Quick Ratio. C) Average Collection Period. D) Cash Ratio. Show Answer Correct Answer: C) Average Collection Period. 23. You invest $ 800 in an account that pays 6% interest, compounded annually. How much money do you have after five years? Round your answers to the nearest cent. A) $ 898.09. B) $ 1070.58. C) $ 1710.58. D) $ 975.68. Show Answer Correct Answer: B) $ 1070.58. 24. Hasnah wants to buy a refrigerator costs RM2300 in 5 months. Calculate the amount of money she needs to save each month. A) RM360. B) RM420. C) RM460. D) RM480. Show Answer Correct Answer: C) RM460. 25. What are the disinvestment mechanisms for divesting the stake by venture capital funds? A) Buy back by promoters. B) Initial public offerings. C) Secondary stock market. D) All of the above. Show Answer Correct Answer: D) All of the above. ← PreviousNext →Related QuizzesClass 12 Business Studies Chapter 9 Financial Management Quiz 1Class 12 Business Studies Chapter 9 Financial Management Quiz 2Class 12 Business Studies Chapter 9 Financial Management Quiz 3Class 12 Business Studies Chapter 9 Financial Management Quiz 4Class 12 Business Studies Chapter 9 Financial Management Quiz 5Class 12 Business Studies Chapter 9 Financial Management Quiz 6Class 12 Business Studies Chapter 9 Financial Management Quiz 7Class 12 Business Studies Chapter 9 Financial Management Quiz 8Class 12 Business Studies Chapter 9 Financial Management Quiz 9Class 12 Business Studies Chapter 9 Financial Management Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books