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!
BFN203
1 / 50
A. The practice where depreciation, tax liability and carryover losses are charged against income from other sources for a period of about three decades is called _________
2 / 50
B. One of the ways to reduce the risk of investment is by ----------------------------------
3 / 50
C. …………….. stages are involved in venture round financing being provided by venture capitalists.
4 / 50
D. …………… refers to the owners’ contribution to the capital funding of the business
5 / 50
E. Savings accounts holders are restricted in withdrawing their money by leaving ________
6 / 50
F. Usually, higher level-of-return investments are associated with higher ___________
7 / 50
G. A derivatives refers to a financial product which has its value dependent on the outcome of the original _________
8 / 50
H. _________ is the process of converting a new idea or technology into a business undertaking.
9 / 50
I. Preference shares attract fixed rate of ………………..
10 / 50
J. How much allowance is provided per child in the Personal Income Tax Act (PITA)?
11 / 50
Which of the following is not a step in personal financial planning process?
K.
12 / 50
L. …………. Is the practice of taking advantage of a price difference between two or more financial markets
13 / 50
M. ………… derivatives are contracts that are transacted and privately sold directly between two parties, without going through any stock exchange.
14 / 50
N. The maturity period for Treasury bills is--------------------
15 / 50
O. Which of the followings is a money market instrument?
16 / 50
P. One advantage of diversification is ……………..
17 / 50
Q. Mortgages are long term loans that are secured by---------------------------
18 / 50
R. According to Bhave (1994), one of the following is not a stage in the process of venture creation.
19 / 50
S. In finance, an investment involves utilization of funds in acquisition of financial assets such as financial securities and ________
20 / 50
T. Liquidity means the ease with wish an investment can be converted into _________
21 / 50
U. According to economists, Investment is regarded as savings embarked upon as a result of __________
22 / 50
V. One factor that can make real estate investment to result in failure is the absence of ……………..
23 / 50
W. Specific kinds of risk that may give rise to claims are known as---------------------
24 / 50
X. Another name for Contingency fund is ----------------------------
25 / 50
Y. The main advantage of the hedge is that it lowers the risk of an ………….
26 / 50
Z. The fundamental purpose of investment is to generate ___________
27 / 50
AA. The money market is a market for __________
28 / 50
AB. Futures are derivatives in which the contracts to buy or sell a specific asset on a future date at a price …………….
29 / 50
AC. Capital gains investing is the art of buying and selling an assets for __________
30 / 50
AD. Workers’ compensation insurance replaces all or part of a worker’s wages lost and accompanying medical expenses incurred because of _________
31 / 50
AE. Child’s allowance is given subject to maximum number of -----------------------
32 / 50
AF. …………….. refers to the amount of funds in the structure of the capital that is borrowed from outside sources of financing.
33 / 50
AG. The market for long term credit is-------------------------
34 / 50
AH. …………….. market exists for the purpose of mobilization and intermediation of fund.
35 / 50
AI. Marketable securities refer to money market financial instruments that are easily convertible to ----------------------
36 / 50
AJ. The two sections that make up the Financial market are ____________
37 / 50
AK. A value investor buys undervalued securities while he sells …………… out of his investment portfolio in the capital market.
38 / 50
AL. ………………… in finance refer to the practice of engaging in risky financial transactions in an attempt to earn profit from short term fluctuations in the market value of a tradable financial instrument.
39 / 50
AM. In property investment, a large portion of purchase price is through debt instrument such as: __________
40 / 50
AN. ……………… property is regarded as the creations of the intellect for which a monopoly is granted to the designated owners by law.
41 / 50
AO. Which of the following accounts attracts interest payment to the account holder?
42 / 50
AP. Capital gains are generated from an appreciation on the value of-------------------
43 / 50
AQ. Investment is very important because it could be used to -------------------------
44 / 50
AR. The summation of all positive cash inflows from rent and other sources of ordinary income generated by a property, minus the amount of ongoing expenses is known as ……………….
45 / 50
AS. The different methods of saving money is classified into ------------------------
46 / 50
AT. A common name for Gold, Silver, Platinum, Diamond and Copper is ……………..
47 / 50
AU. Real estate investment can be …………… because of magnitude of fund requirement.
48 / 50
AV. Diversification is a technique that reduces ………….. by allocating investments among various financial instruments.
49 / 50
AW. Personal Financial planning process involves -------------------------------steps
50 / 50
AX. Disability insurance police provide financial support in the event of the policyholder becoming unable to work because of--------------------------------
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