The Board of Directors sets company-wide policy and advices the CEO and other senior...
A. Managerial activities B. Year-to-Year activities C. Day-to-Day activities D. Financial activities
The system by which companies are managed and controlled is known as:
A. Management System B. Strategic System C. Corporate Governance D. Internal System
The market price of a firm’s stock represents the focal judgment of all market...
A. Particular market B. Particular firm C. Particular creditor D. Particular debtor
All the constituencies with a stake in the fortunes of the company are termed...
A. Stakeholders B. Directors C. Chief executives D. Subordinates
Having some overall goal in mind, financial management is concerned with:
A. Acquisition of assets B. Financing of assets C. Management of assets D. All of them
A major facet of financial management involves providing the financing necessary to support:
A. Liabilities B. Debts C. Loans D. Assets
Which of the following relationships holds TRUE if a bond sells at a discount?
A. Bond Price coupon rate B. Bond Price > Par Value and YTM > coupon rate C. Bond Price > Par Value and YTM < coupon rate D. Bond Price < Par Value...
Financial policy is evaluated by which of the following?
A. Profit Margin B. Total Assets Turnover C. Debt-equity ratio D. None of the given options
A company having a current ratio of 1 will have __________ net working capital.
A. Positive B. Negative C. zero D. None of the given options
___________ is concerned with the acquisition, financing, and management of assets with some overall...
A. Financial management B. Profit maximization C. Agency theory D. Social responsibility
Profit maximization is the maximizing a firm’s Earning:
A. Before Tax B. After Tax C. Both A and B D. None of Them
A portion of profits, which a company retains itself for further expansion, is known...
3A. Dividends B. Retained Earnings C. Capital Gain D. None of the given options
The DuPont Identity tells us that Return on Equity is affected by:
A. The DuPont Identity tells us that Return on Equity is affected by: B. asset use efficiency (as measured by total assets turnover) C. financial Leverage (as measured by equity multiplier) D. all of...
Standard Company had net sales of Rs. 750,000 over the past year. During that...
A. 5 days B. 36 days C. 48 days D. 73 days
Which of the following costs are reported on the income statement as the cost...
A. Product cost B. Period cost C. Both product cost and period cost D. Neither product cost nor period cost
Finance is vital for which of the following business activity (activities)?
A. Marketing Research B. Product Pricing C. Design of marketing and distribution channels D. All of the given options
Corporate governance encompasses the relationship among a company’s:
A. Shareholders and board of director B. Board of directors and senior management C. Shareholders and senior management D. Shareholders, board of directors and senior management
The investment decision is the most important of the firm’s three major decisions, when...
A. Value creation B. Value addition C. Value proposition D. Value deletion
Maximizing Shareholder wealth:
A. Relieves the firms responsibility towards society B. Does not relieve the firm's responsibility towards society C. Partially relives the firm's responsibility towards society D. None of Them
The difference between current assets and current liabilities is known as____________?
A. Surplus Asset B. Short-term Ratio C. Working Capital D. Current Ratio
Which of the following is known as the group of assets such as stocks...
A) Stock Bundle B) Portfolio C) Capital Structure D) None of the given options
When real rate is high, all the interest rates tend to be ___________?
A) Higher B) Lower C) Constant D) None of the given options
Product costs include which of the following?
A. Selling expenses B. General expenses C. Manufacturing overhead D. Administrative expenses
A series of constant cash flows that occur at the end of each period...
A. an ordinary annuity B. annuity due C. multiple cash flows D. perpetuity
Stakeholders include:
A. Stakeholders B. Creditors and customs C. Employees and suppliers D. All of Them
Quick Ratio is also known as_______________?
A. Current Ratio B. Acid-test Ratio C. Cash Ratio D. Solvency Ratio
Period costs include which of the following?
A. Selling expense B. Raw material C. Direct labor D. Manufacturing overhead
An individual authorized by another person, called the principle, to act on the latter’s...
A. Agent B. Servant C. Subordinate D. Assistant
Which of the following ratios are particularly interesting to short-term creditors?
A. Liquidity Ratios B. Long-term Solvency Ratios C. Profitability Ratios D. Market Value Ratios
A standardized financial statement presenting all items of the statement as a percentage of...
A. a common-size statement B. an income statemen C. a cash flow statement D. a balance sheet
