This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Business Studies Chapter 9 Financial Management – Quiz 87 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Business Studies Chapter 9 Financial Management Quiz 87 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Apakah jenis matlamat kewangan yang dijangka dicapai dalam masa kurang dari setahun? A) Matlamat kewangan jangka panjang. B) Matlamat kewangan jangka pendek. C) Simpanan persaraan. D) Tabung kecemasan. Show Answer Correct Answer: B) Matlamat kewangan jangka pendek. 2. Which of the following actions will DECREASE the present value of an investment? A) Decrease the interest rate. B) Decrease the future value. C) Decrease the amount of time. D) All of the above will decrease the present value. Show Answer Correct Answer: B) Decrease the future value. 3. Which of the following is the duration of a short term financial goal? A) Less than 5 years. B) Less than 3 years. C) Less than 2 years. D) Less than 1 year. Show Answer Correct Answer: D) Less than 1 year. 4. A ..... reports the assets, liability, and owner's equity at the end of an accounting period. A) Statement of cash flows. B) Balance sheet. C) Income statement. D) Financial statement. Show Answer Correct Answer: B) Balance sheet. 5. What is the difference between capital and revenue? A) Capital is money earned, revenue is money spent. B) Capital is money spent, revenue is money earned. C) Capital is money used for investments, revenue is used for expenses. D) Capital is money used for expenses, revenue is used for investments. Show Answer Correct Answer: B) Capital is money spent, revenue is money earned. 6. A financial institution is: A) Supermarket. B) Hospital. C) Bank. D) Restaurant. Show Answer Correct Answer: C) Bank. 7. Investing in a new company's stock is generally considered a lower risk than putting your money in a savings account A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 8. A CFO is responsible for all financial activities of the company A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 9. Which one of the following is an example of current assets? A) Cash. B) Overdraft. C) All the above. D) None of the above. Show Answer Correct Answer: A) Cash. 10. Under financial management a forecast of receipts and payments is made andthe shortage or sufficiency of ..... is ensured. A) Capital. B) Human resource. C) Material. D) All the above. Show Answer Correct Answer: A) Capital. 11. What is the primary goal of working capital management? A) To maximize current assets. B) To minimize current liabilities. C) To ensure optimal balance between liquidity and profitability. D) To eliminate the need for short-term financing. Show Answer Correct Answer: C) To ensure optimal balance between liquidity and profitability. 12. Original and additional investments of the owner. A) Drawings. B) Revenues. C) Expenses. D) Capital. Show Answer Correct Answer: D) Capital. 13. Payments are immediately charged to the cardholder's bank account A) Debit Card. B) Credit Card. C) Cash Card. D) Prepaid Cash Card. Show Answer Correct Answer: A) Debit Card. 14. What are Wages/Salary? A) A form of debt. B) A type of investment. C) A financial plan. D) Compensation received for work performed, typically hourly (wages) or annually (salary). Show Answer Correct Answer: D) Compensation received for work performed, typically hourly (wages) or annually (salary). 15. Key principles that financial managers use when making business decisions include A) Time value of money. B) Tradeoff between return and risk. C) Cash. D) All of the above. Show Answer Correct Answer: D) All of the above. 16. Assume that International Appliances has a current ratio of 1.2. Now, which of the following actions would improve (increase) this ratio? A) Use cash to pay off current liabilities. B) Collect some of the current accounts receivable. C) Use cash to pay off some long-term debt. D) Purchase additional inventory on credit (accounts payable). Show Answer Correct Answer: A) Use cash to pay off current liabilities. 17. The difference between present value of cash inflows and present value of cash outflows A) Gross present value. B) Capital. C) Net present value. D) None of these. Show Answer Correct Answer: C) Net present value. 18. Apakah perancangan kewangan yang berkesan dapat membantu individu mengelakkan? A) Pendapatan tinggi. B) Masalah kewangan. C) Peluang pelaburan. D) Pengumpulan hutang. Show Answer Correct Answer: B) Masalah kewangan. 19. The CFO helps maximize returns for A) Customers. B) Employees. C) Investors. D) Suppliers. Show Answer Correct Answer: C) Investors. 20. If a company follows labour intensive technique in production, they will go for less requirement of fixed capital. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 21. The partnership form of organization A) Avoids the double taxation of earnings and dividends found in the corporate form of organization. B) Usually provides limited liability to the partners. C) Has unlimited life. D) Simplifies decision making. Show Answer Correct Answer: B) Usually provides limited liability to the partners. 22. Prepaid Expense A) Debit. B) Credit. C) All the above. D) None of the above. Show Answer Correct Answer: A) Debit. 23. The traditional approach is also known as A) Ni approach. B) N o i approach. C) Mm approach. D) Intermediate approach. Show Answer Correct Answer: D) Intermediate approach. 24. Expense that can change from every to month A) Flexible expense. B) Fixed expense. C) Income. D) None of the above. Show Answer Correct Answer: A) Flexible expense. 25. The process of calculating future value of cash flows is known as A) Discounting. B) Compounding. C) Both of these. D) None of these. Show Answer Correct Answer: B) Compounding. ← 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