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


2 / 50

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

3 / 50

C.
Profit after tax is  --------------- item


4 / 50

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

5 / 50

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

6 / 50

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


7 / 50

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

8 / 50

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


9 / 50

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

10 / 50

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

11 / 50

K.
Finance manager's duties include ______________


12 / 50

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


13 / 50

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

14 / 50

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


15 / 50

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

16 / 50

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


17 / 50

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

18 / 50

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

19 / 50

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

20 / 50

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


21 / 50

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


22 / 50

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

23 / 50

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


24 / 50

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

25 / 50

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


26 / 50

Z.
Cash flow element include ----------------


27 / 50

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


28 / 50

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


29 / 50

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

30 / 50

AD.
Buyers of shares are called ------------------------

31 / 50

AE.
 Financial market trades on ------------  assets


32 / 50

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


33 / 50

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

34 / 50

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


35 / 50

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


36 / 50

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

37 / 50

AK.
 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.

38 / 50

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


39 / 50

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


40 / 50

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

41 / 50

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


42 / 50

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

43 / 50

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


44 / 50

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

45 / 50

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


46 / 50

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


47 / 50

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

48 / 50

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

49 / 50

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

50 / 50

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


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