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 after tax is  --------------- item


2 / 50

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


3 / 50

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


4 / 50

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


5 / 50

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


6 / 50

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

7 / 50

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


8 / 50

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

9 / 50

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

10 / 50

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


11 / 50

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

12 / 50

L.
Finance manager's duties include ______________


13 / 50

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

14 / 50

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


15 / 50

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


16 / 50

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

17 / 50

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

18 / 50

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

19 / 50

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

20 / 50

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


21 / 50

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

22 / 50

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

23 / 50

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


24 / 50

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

25 / 50

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

26 / 50

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

27 / 50

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

28 / 50

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

29 / 50

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

30 / 50

AD.
Cash flow element include ----------------


31 / 50

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

32 / 50

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


33 / 50

AG.
 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.

34 / 50

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

35 / 50

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


36 / 50

AJ.
Buyers of shares are called ------------------------

37 / 50

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


38 / 50

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


39 / 50

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


40 / 50

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


41 / 50

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


42 / 50

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


43 / 50

AQ.
 Financial market trades on ------------  assets


44 / 50

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

45 / 50

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


46 / 50

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


47 / 50

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


48 / 50

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


49 / 50

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

50 / 50

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


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