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
Which of the following was not always a major events in the life the firm for raising funds
2 / 50
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.
3 / 50
The ----------- of profits distributed as dividend is called the dividend-payout ratio.
4 / 50
--------------------- is a book in which receipts and payment of money are recorded
5 / 50
Business need to hold cash to achieve the ------------- motive
6 / 50
External finance is also known to as ------- fund/finance
7 / 50
Shareholders invest their money in the shares of a company in the expectation of a return on their invested ----------- .
8 / 50
---------- shareholders receive dividend at a fixed rate and they enjoy a priority over ordinary shareholders.
9 / 50
A business organization performs ---------- functions simultaneously andcontinuously in the normal course of its activities.
10 / 50
The ---------- ratio is the retained portion of profits.
11 / 50
Financial market trades on ------------ assets
12 / 50
According to Hornby (2001), finance is the money need or needed to--------- an activity, project, programme etc. and or the management ofmoney.
13 / 50
----------- is an example of fixed asset
14 / 50
Finance plays a very important role in any ----------- activities
15 / 50
---------- decisions involve capital expenditures which are referred to as capital budgeting decision.
16 / 50
The --------- are expected to be arranged in such a way that fund (money) is always available to make necessary payments as they arise.
17 / 50
Undistributed profits is also known as ----------------
18 / 50
A ----------- can also obtain equity funds by retaining earnings available for shareholders.
19 / 50
----------- represent ownership rights of their holders
20 / 50
Capital structure is the mix of equity and ------------
21 / 50
------------------ are risks of losses because of unforeseen intervention by governments.
22 / 50
Intangible ------------ include copyrights, patent, technical know-how.
23 / 50
Money is the common denominator for the full range of activities performed in the business.
24 / 50
There are two kinds of markets, namely real assets and ---------
25 / 50
Shareholders can be of two types that is, preference and ------------
26 / 50
Finance may be defined as the provision of money at the time it is-----------
27 / 50
----------- shareholders they enjoy a priority over ordinary shareholders.
28 / 50
Financial decisions is concerned with the acquisition and not disposal of assets through commitment or re-commitment of funds on a continuous basis.
29 / 50
A ------- generates whatever capital it needs and utilizes it in activities which generate returns on invested capital
30 / 50
----------- markets are for physical or tangible assets such as plant, machinerywheat, office, gold, buildings etc.
31 / 50
Finance manager's duties include ______________
32 / 50
Profit planning is not related to considering -----------------
33 / 50
-------- evolved from economics as its branch in the early part of the 20th century
34 / 50
--------------- is an example of external finance
35 / 50
Internal finance is also known to as ------- fund/finance
36 / 50
The return for shareholders consists of ----------- and capital gain.
37 / 50
Profit maximization objective is not always clear to stakeholders of the firm.
38 / 50
In a financial system, the Household are also referred to as ____________
39 / 50
Shareholders can be of two types, namely preference and --------------------
40 / 50
----------- is the medium of exchange in business
41 / 50
Price mechanism is a vital organ of a ---------------, showing the goods and services required in the community.
42 / 50
The balance sheet is more important than other financial statements to report the activities and performance of the firm
43 / 50
Cash flow element include ----------------
44 / 50
Profit after tax is --------------- item
45 / 50
The capital structure of a firm could be defined as -------------
46 / 50
The accounting and control function for the finance manager include
47 / 50
According to Anao (1993), which one of the following is an example of money or near-money?
48 / 50
The capital structure is said to be optimum when the market value of shares is --------------.
49 / 50
A ------------ is a certificate stating the amount of money lent by a holder to the company.
50 / 50
Money is the common ---------- for the full range of activities performed in the business.
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