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

2 / 50

B.
---------- decisions involve capital expenditures which are referred to as capital budgeting decision. 

3 / 50

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

4 / 50

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

5 / 50

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

6 / 50

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


7 / 50

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


8 / 50

H.
 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.

9 / 50

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


10 / 50

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

11 / 50

K.
 Financial market trades on ------------  assets


12 / 50

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

13 / 50

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


14 / 50

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

15 / 50

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


16 / 50

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

17 / 50

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

18 / 50

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


19 / 50

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


20 / 50

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


21 / 50

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

22 / 50

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

23 / 50

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


24 / 50

X.
Cash flow element include ----------------


25 / 50

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


26 / 50

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

27 / 50

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


28 / 50

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


29 / 50

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

30 / 50

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


31 / 50

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


32 / 50

AF.
Buyers of shares are called ------------------------

33 / 50

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

34 / 50

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

35 / 50

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


36 / 50

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

37 / 50

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

38 / 50

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

39 / 50

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


40 / 50

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


41 / 50

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


42 / 50

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

43 / 50

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

44 / 50

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


45 / 50

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


46 / 50

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


47 / 50

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


48 / 50

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


49 / 50

AW.
Finance manager's duties include ______________


50 / 50

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


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