BFN209




Category: BFN209

0

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

A.
Undistributed profits is also known as ----------------


2 / 50

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


3 / 50

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


4 / 50

D.
 Financial market trades on ------------  assets


5 / 50

E.
Business need to hold cash to achieve the ------------- motive


6 / 50

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

7 / 50

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

8 / 50

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

9 / 50

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

10 / 50

J.
----------- is an example of fixed asset 


11 / 50

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


12 / 50

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


13 / 50

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

14 / 50

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


15 / 50

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

16 / 50

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

17 / 50

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


18 / 50

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

19 / 50

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


20 / 50

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


21 / 50

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


22 / 50

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

23 / 50

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


24 / 50

X.
----------- represent ownership rights of their holders

25 / 50

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

26 / 50

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


27 / 50

AA.
Profit after tax is  --------------- item


28 / 50

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

29 / 50

AC.
Cash flow element include ----------------


30 / 50

AD.
Finance manager's duties include ______________


31 / 50

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

32 / 50

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


33 / 50

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


34 / 50

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


35 / 50

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


36 / 50

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

37 / 50

AK.
--------------- is an example of external finance

38 / 50

AL.
 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.

39 / 50

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


40 / 50

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


41 / 50

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

42 / 50

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

43 / 50

AQ.
The accounting and control function for the finance manager include


44 / 50

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

45 / 50

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


46 / 50

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

47 / 50

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

48 / 50

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


49 / 50

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

50 / 50

AX.
Profit maximization objective is not always clear to stakeholders of the firm.

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