Financial Management Fundamentals Quiz

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Questions and Answers

What does business finance refer to?

  • Money required for investment in stocks
  • Money required for government projects
  • Money required for carrying out business activities (correct)
  • Money required for personal expenses

Which of the following is not a role of financial management?

  • Managing personal savings and investments (correct)
  • Analyzing all items in the Profit and Loss Account
  • Determining the amount of long-term and short-term funds to be used
  • Deciding the break-up of long-term financing into debt and equity

What does the concept of financial management entail?

  • Speculative investment in the stock market
  • Efficient and effective acquirement and usage of business finance (correct)
  • Maximizing personal savings
  • Minimizing business revenue

Which of the following is part of the role of financial management?

<p>Determining the size and composition of fixed assets of the business (B)</p> Signup and view all the answers

What does business finance include?

<p>The quantum of current assets and its break-up into cash, inventory, and receivables (B)</p> Signup and view all the answers

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