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