bfn203

Category: BFN203

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 main advantage of the hedge is that it lowers the risk of an ………….

2 / 50

B. The ------------------account attracts commission on turnover (COT).

1. Current

2. Budget

3. Sales

4. Savings

3 / 50

C. One of the ways to reduce the risk of investment is by ----------------------------------

1. Buying on credit

2. Selling on credit

3. Marketing planning

4. Shareholders

4 / 50

D. …………… refers to the owners’ contribution to the capital funding of the business

5 / 50

E. In finance, an investment involves utilization of funds in acquisition of financial assets such as financial securities and ________

6 / 50

F. One factor that can make real estate investment to result in failure is the absence of ……………..

7 / 50

G. …………… is an investment which is undertaking in order to reduce the risk of adverse price movement in financial asset.

8 / 50

H. __________ involves subscribing and investing in debt instrument of corporate entities such as bonds debentures.

9 / 50

I. Marketable securities refer to money market financial instruments that are easily convertible to ----------------------

1. Gain instrument

2. Object Code

3. Debt instrument

4. Sales promotion

10 / 50

J. Diversification means that an investor should invest in ------------------------------

1. Multiple asset

2. Double asset

3. Single asset

4. Derived asset

11 / 50

K. A common name for Gold, Silver, Platinum, Diamond and Copper is ……………..

12 / 50

L. Disability insurance police provide financial support in the event of the policyholder becoming unable to work because of--------------------------------

1. Industrial accident or sickness

2. Industrial setback or backwardness

3. Industrial hit or run

4. Industrial weariness

13 / 50

M. Which of the following instrument is not traded in the Capital market?

1. Ordinary Shares

2. Capital Shares

3. Jointed Shares

4. Common Shares

14 / 50

N. Which of the following accounts attracts interest payment to the account holder?

1. Static account

2. Sales account

3. Current account

4. Savings account

15 / 50

O. The maturity period for Treasury bills is--------------------

1. 60 days

2. 30 days

3. 50 days

4. 40 days

16 / 50

P. Financial products, like Stock, Bonds, Treasury bills, and Treasuring certificate floated by Government is known as --------------------------

1. Negotiation

2. Founders’ securities

3. Founders’ insecurities

4. Founders’ strategy

17 / 50

Q. One advantage of diversification is ……………..

18 / 50

R. The market for long term credit is-------------------------

1. Labour market

2. Shares

3. Money market

4. Debentures

19 / 50

S. Risk which is insurable has how many characteristics?

1. Five

2. Three

3. Two

4. Four

20 / 50

T. Which of the following is not a reason for building personal cash flow?

1. Alert confirmation

2. Transaction alert

3. Debit Statement

4. Transaction motive

21 / 50

U. Liquidity means the ease with wish an investment can be converted into _________

22 / 50

V. Which of the followings is a money market instrument?

1. Interest

2. Debentures

3. Shares

4. Capital Allowance

23 / 50

W. A derivatives refers to a financial product which has its value dependent on the outcome of the original _________

24 / 50

X. Capital gains are generated from an appreciation on the value of-------------------

1. Purchased Assets

2. Financial Installment

3. Purpose statement

4. Required Asset

25 / 50

Y. The money market is a market for __________

1. Long Debit Installment

2. Long Term Debt Instrument

3. Mid Term Instrument

4. Short Term Debt Instrument

26 / 50

Z. The fundamental purpose of investment is to generate ___________

27 / 50

AA. Preference shares attract fixed rate of ………………..

28 / 50

AB. Financial products of high net worth companies are regarded as --------------------

1. Red chip securities

2. Blue chip securities

3. Yellow chip securities

4. Green chip securities

29 / 50

AC. _________ is the process of converting a new idea or technology into a business undertaking.

30 / 50

AD. An investment that involves buying or building houses, apartments and other landed property is referred to as investment in _________

31 / 50

AE. Motor vehicle insurance protects the policyholder against financial loss in the event of an-------------------------------

1. Lock down

2. Flood

3. Accident

4. Loss

32 / 50

AF. A property in the possession of a buyer can become a foreclosure if he or she fails to make a mortgage payment for at least ………………..

33 / 50

AG. How much allowance is provided per child in the Personal Income Tax Act (PITA)?

1. N 1,650.00

2. N 1,600.00

3. N 1,500.00

4. N 1,050.00

34 / 50

AH. According to Bhave (1994), one of the following is not a stage in the process of venture creation.

1. Opportunity Recognition stage

2. Opportunity Demand stage

3. Opportunity Recognition technique

4. Opportunity Recognition strategy

35 / 50

AI. Another name for Contingency fund is ----------------------------

1. Consolidated capital

2. Consolidated loan

3. Consolidated fund

4. Consolidated interest

36 / 50

AJ. …………. Is the practice of taking advantage of a price difference between two or more financial markets

37 / 50

AK. The strategic role of the Entrepreneur in creating a new venture revolves around ---------------------------------------

1. Developing a budget strategy

2. Developing a new business site

3. Developing an old business site

4. Re-strategizing market plan

38 / 50

AL. 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 ……………….

39 / 50

AM. Diversification is a technique that reduces ………….. by allocating investments among various financial instruments.

40 / 50

AN. …………….. market exists for the purpose of mobilization and intermediation of fund.

41 / 50

AO. The two sections that make up the Financial market are ____________

1. Money market and Stock market

2. Capital market and Commodity market

3. Capital market and Stock budget

4. Capital market and Stock market

42 / 50

Which of the following is not a step in personal financial planning process?

AP.

1. Portability

2. Assessment

3. Quick sort

4. Examination

43 / 50

AQ. According to economists, Investment is regarded as savings embarked upon as a result of __________

44 / 50

AR. ________ refers to a form of investment that has some relative limited liquidity when compared to other forms of investment

45 / 50

AS. Specific kinds of risk that may give rise to claims are known as---------------------

1. Standard Cost

2. Shareholders

3. Premium

4. Quasi

46 / 50

AT. A value investor buys undervalued securities while he sells …………… out of his investment portfolio in the capital market.

47 / 50

AU. ……………… property is regarded as the creations of the intellect for which a monopoly is granted to the designated owners by law.

48 / 50

AV. …………….. refers to the amount of funds in the structure of the capital that is borrowed from outside sources of financing.

49 / 50

AW. …………….. stages are involved in venture round financing being provided by venture capitalists.

50 / 50

AX. Futures are derivatives in which the contracts to buy or sell a specific asset on a future date at a price …………….

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