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