BBA SEM 3 Financial Management Fundamentals Quiz

Maximizing social responsibility and minimizing environmental impact

Maximizing market share and maximizing employee satisfaction

Maximizing shareholder wealth and maximizing the value of the firm (correct)

Maximizing sales and minimizing costs

Long-term assets minus long-term liabilities

Current assets minus current liabilities (correct)

Total revenue minus total expenses

Total assets minus total liabilities

Categorizing inventory based on size and controlling large items more closely

Categorizing inventory based on age and controlling older items more closely

Categorizing inventory based on demand and controlling high-demand items more closely

Categorizing inventory based on value and controlling high-value items more closely (correct)

Traditional approach focuses on profit maximization, while modern approach focuses on wealth maximization Signup and view all the answers

Treasurer handles cash management, while Controller manages financial accounting Signup and view all the answers

It refers to the capital required for day-to-day operations of a business Signup and view all the answers

Maximizing shareholders' wealth and ensuring the survival of the company Signup and view all the answers

Traditional approach focuses on profit maximization, while modern approach emphasizes wealth maximization Signup and view all the answers

Treasurer manages the company's cash and investments, while Controller oversees accounting and financial reporting Signup and view all the answers

Compounding refers to calculating the future value of money, while Discounting calculates the present value of money Signup and view all the answers

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