BFN209

Category: BFN209

ATTENTION:

Kindly note that you will be presented with 50 questions randomized from the NOUN question bank. Make sure to take the quiz multiple times so you can get familiar with the questions and answers, as new questions are randomized in each attempt.

Good luck!

BFN209

1 / 50

Finance manager's duties include ______________

1. Checking and evaluating projects

2. Selecting and working on projects

3. Selecting and evaluating projects

4. Selecting and supervising projects

2 / 50

The return for shareholders consists of ----------- and capital gain.

3 / 50

According to Hornby (2001), finance is the money need or needed to--------- an activity, project, programme etc. and or the management ofmoney.

4 / 50

Which of the following was not always a major events in the life the firm for raising funds

1. Weekly general meeting

2. Annual general meeting

3. Bi-annual general meeting

4. Quarterly general meeting

5 / 50

Undistributed profits is also known as ----------------

1. Retained earnings

2. Retained deposit

3. Retained interest

4. Retained profit

6 / 50

Money is the common ---------- for the full range of activities performed in the business.

7 / 50

The ---------- ratio is the retained portion of profits.

8 / 50

Cash flow element include ----------------

1. Investing Activities

2. Market analysis

3. Sales strategies

4. Quick sort

9 / 50

Financial decisions is concerned with the acquisition and not disposal of assets through commitment or re-commitment of funds on a continuous basis.

1. False

2. True

3. Always false

4. Sometimes true

10 / 50

The capital structure of a firm could be defined as -------------

1. The joint of interest and audits

2. The mix of equality and debt

3. The joint of equity and debt

4. The mix of equity and debt

11 / 50

Shareholders can be of two types that is, preference and ------------

12 / 50

Profit after tax is  --------------- item

1. Quick sort

2. An income statement

3. Market analysis

4. Sales records

13 / 50

Shareholders can be of two types, namely preference and --------------------

1. Extract

2. Indifference

3. Perfect

4. Ordinary

14 / 50

Buyers of shares are called ------------------------

15 / 50

----------- markets are for physical or tangible assets such as plant, machinerywheat, office, gold, buildings etc.

16 / 50

----------- is an example of fixed asset

1. furniture and fittings

2. finishing and decorating

3. settings and fixing

4. furniture and appliances

17 / 50

The balance sheet is more important than other financial statements to report the activities and performance of the firm

1. true

2. always false

3. false

4. Sometimes true

18 / 50

-------- evolved from economics as its branch in the early part of the 20th century

19 / 50

Finance plays a very important role in any ----------- activities

20 / 50

Capital structure is the mix of equity and ------------

21 / 50

Shareholders invest their money in the shares of a company in the expectation of a return on their invested ----------- .

22 / 50

Money is the common denominator for the full range of activities performed in the business.

1. Not always true

2. False

3. True

4. Sometimes true

23 / 50

The ----------- of profits distributed as dividend is called the dividend-payout ratio.

24 / 50

The --------- are expected to be arranged in such a way that fund (money) is always available to make necessary payments as they arise.

25 / 50

------------------ are risks of losses because of unforeseen intervention by governments.

1. Political problem

2. Political debunk

3. Political route

4. Political risks

26 / 50

According to Anao (1993), which one of the following is an example of money or near-money?

1. Certificate of income

2. Certificate of deposits

3. Certificate of authenticity

4. Certificate of certainty

27 / 50

AA.

 A ----------- can also obtain equity funds by retaining earnings available for shareholders.

28 / 50

AB.

Profit planning is not related to considering -----------------

1. Depreciation

2. Appreciation

3. Interest

4. Income

29 / 50

AC.

A ------------ is a certificate stating the amount of money lent by a holder to the company.

30 / 50

AD.

---------- shareholders receive dividend at a fixed rate and they enjoy a priority over ordinary shareholders.

31 / 50

AE.

External finance is also known to as ------- fund/finance

32 / 50

AF.

 A business organization performs ---------- functions simultaneously andcontinuously in the normal course of its activities.

33 / 50

AG.

-------------------- is the meeting point for investors and firms

1. Capital market

2. Labour market

3. Industrial market

4. Money market

34 / 50

AH.

----------- is the medium of exchange in business

35 / 50

AI.

----------- shareholders they enjoy a priority over ordinary shareholders.

36 / 50

AJ.

Intangible ------------ include copyrights, patent, technical know-how.

37 / 50

AK.

The capital structure is said to be optimum when the market value of shares is --------------.

38 / 50

AL.

--------------------- is a book in which receipts and payment of money are recorded

1. Cost book

2. Audit book

3. Profit book

4. Cash book

39 / 50

AM.

Price mechanism is a vital organ of a ---------------, showing the goods and services required in the community.

1. income effect

2. market economy

3. sales economy

4. profit economy

40 / 50

AN.

---------- decisions involve capital expenditures which are referred to as capital budgeting decision.

41 / 50

AO.

The accounting and control function for the finance manager include

1. Profit matters

2. Income matters

3. Inventry matters

4. Tax matters

42 / 50

AP.

In a financial system, the Household are also referred to as ____________

43 / 50

AQ.

----------- represent ownership rights of their holders

44 / 50

AR.

 Financial market trades on ------------  assets

45 / 50

AS.

There are two kinds of markets, namely real assets and ---------

46 / 50

AT.

Internal finance is also known to as ------- fund/finance

47 / 50

AU.

 A business is a concern, an enterprise, or organization set up by an individual or group of individuals for the purpose of making -------- from operations of the concern.

48 / 50

AV.

--------------- is an example of external finance

1. Loan

2. Debit

3. Capital

4. Audit

49 / 50

AW.

 A ------- generates whatever capital it needs and utilizes it in activities which generate returns on invested capital

50 / 50

AX.

Finance may be defined as the provision of money at the time it is-----------

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