Financial Management Quiz for Class 12 Business Studies Students
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Questions and Answers

What does the term 'working capital' refer to?

  • The long-term investments of a company
  • The net income of a company
  • The difference between current assets and current liabilities (correct)
  • The total assets of a company

    • Which financial statement provides a snapshot of a company's financial position at a specific point in time?

  • Balance sheet (correct)
  • Income statement
  • Statement of retained earnings
  • Cash flow statement

    • What is the primary goal of financial management?

  • Maximizing shareholder wealth (correct)
  • Maximizing sales revenue
  • Minimizing operating costs
  • Maximizing employee satisfaction

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