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. Real estate investment can be …………… because of magnitude of fund requirement.

2 / 50

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

3 / 50

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

4 / 50

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

1. Capital market and Stock budget

2. Money market and Stock market

3. Capital market and Commodity market

4. Capital market and Stock market

5 / 50

E. Capital gains investing is the art of buying and selling an assets for __________

1. Expenses

2. Gain

3. A loss

4. Credit

6 / 50

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

7 / 50

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

1. Selling on credit

2. Marketing planning

3. Buying on credit

4. Shareholders

8 / 50

H. Usually, higher level-of-return investments are associated with higher ___________

9 / 50

I. Mortgages are long term loans that are secured by---------------------------

1. Financial Assets

2. Financial Interest

3. Capital Assets

4. Financial Statement

10 / 50

J. 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 ……………….

11 / 50

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

1. Savings

2. Sales

3. Budget

4. Current

12 / 50

L. Workers’ compensation insurance replaces all or part of a worker’s wages lost and accompanying medical expenses incurred because of _________

1. Market-related sickness

2. Market-related backwardness

3. Market-related set up

4. Market-related progress

13 / 50

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

14 / 50

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

1. Debentures

2. Interest

3. Shares

4. Capital Allowance

15 / 50

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

1. 50 days

2. 40 days

3. 30 days

4. 60 days

16 / 50

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

1. Premium

2. Shareholders

3. Quasi

4. Standard Cost

17 / 50

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

1. Consolidated interest

2. Consolidated loan

3. Consolidated capital

4. Consolidated fund

18 / 50

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

19 / 50

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

1. Common Shares

2. Ordinary Shares

3. Capital Shares

4. Jointed Shares

20 / 50

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

21 / 50

U. 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 ………………..

22 / 50

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

1. Founders’ insecurities

2. Negotiation

3. Founders’ strategy

4. Founders’ securities

23 / 50

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

1. Multiple asset

2. Double asset

3. Single asset

4. Derived asset

24 / 50

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

1. Current account

2. Sales account

3. Static account

4. Savings account

25 / 50

Y. The different methods of saving money is classified into ------------------------

1. Two

2. Four

3. Five

4. Three

26 / 50

Z. ………………… Refers to the increase in the investor’s equity ratio as the portion of debt service payments devoted to principal accrue over time.

27 / 50

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

28 / 50

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

29 / 50

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

AC.

1. Quick sort

2. Examination

3. Portability

4. Assessment

30 / 50

AD. Contingency fund could be classified into ------------------------------

1. Long-term and Short-term

2. Short-term and Medium-term

3. Long-term and Medium-term

4. Long-term and Limited-term

31 / 50

AE. Investment is very important because it could be used to -------------------------

1. Generate employment

2. Generate unemployment

3. Stops employment

4. Frustrate employment

32 / 50

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

33 / 50

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

1. N 1,600.00

2. N 1,500.00

3. N 1,650.00

4. N 1,050.00

34 / 50

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

35 / 50

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

1. Money market

2. Labour market

3. Shares

4. Debentures

36 / 50

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

1. Loss

2. Accident

3. Lock down

4. Flood

37 / 50

AK. 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

38 / 50

AL. Child’s allowance is given subject to maximum number of -----------------------

1. 10 children

2. 7 children

3. 8 children

4. 9 children

39 / 50

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

40 / 50

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

1. Opportunity Recognition strategy

2. Opportunity Demand stage

3. Opportunity Recognition stage

4. Opportunity Recognition technique

41 / 50

AO. Savings accounts holders are restricted in withdrawing their money by leaving ________

1. Maximum balance

2. Minimum balance

3. Account Balance

4. Limited Balance

42 / 50

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

43 / 50

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

44 / 50

AR. In property investment, a large portion of purchase price is through debt instrument such as: __________

1. Limited Capital

2. Unlimited Credit

3. Micro Credit

4. Macro Credit

45 / 50

AS. One advantage of diversification is ……………..

46 / 50

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

47 / 50

AU. Personal Financial planning process involves -------------------------------steps

1. Four steps

2. Three steps

3. Two steps

4. One step

48 / 50

AV. Risk which is insurable has how many characteristics?

1. Five

2. Three

3. Two

4. Four

49 / 50

AW. The fundamental purpose of investment is to generate ___________

50 / 50

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

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