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Financial Management Basics Quiz
10 Questions
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Financial Management Basics Quiz

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@PeacefulEnlightenment

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Questions and Answers

Who is responsible for the financial management within an organization?

  • The shareholders
  • The employees
  • The CEO
  • The finance manager (correct)

    • Which of the following best defines finance?

  • The study of resource allocation
  • The acquisition of financial resources
  • The management of financial resources (correct)
  • The investment of financial resources

    • What are the primary activities of a finance manager?

  • Marketing strategy development
  • Human resource management
  • Financial planning and budgeting (correct)
  • Operations management

    • What is the role of financial institutions and markets in finance?

    <p>To facilitate the buying and selling of financial assets</p> Signup and view all the answers

    What is the science and art of managing money called?

    <p>Finance</p> Signup and view all the answers

    True or false: Finance is a branch of economics concerned with the resource allocation as well as resource acquisition, management, and investment.

    <p>True</p> Signup and view all the answers

    True or false: Financial institutions and markets play a role in finance.

    <p>True</p> Signup and view all the answers

    True or false: Financial management involves the acquisition, management, and investment of financial resources to enable a business company to attain its predetermined objectives toward growth, stability, profitability, and liquidity.

    <p>True</p> Signup and view all the answers

    True or false: Investments are a part of financial institutions and markets.

    <p>False</p> Signup and view all the answers

    True or false: Finance is solely concerned with the acquisition of financial resources.

    <p>False</p> Signup and view all the answers

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