McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Education (CBCS) .
Chapters
| 51. |
The objective of financial management is to: |
| A. | Maximize earnings per share |
| B. | Maximize the value of the firm’s common stock |
| C. | Maximize return on investment |
| D. | Maximize market share |
| Answer» C. Maximize return on investment | |
| 52. |
“Financial management is that activity of management which is concerned with the planning, procuring and controlling of the firm’s financial resources”. Who says this? |
| A. | Weston and Brigham |
| B. | J.F. Bradlery |
| C. | Deepika& Maya Rani |
| D. | Ezra Solomon |
| Answer» C. Deepika& Maya Rani | |
| 53. |
“Financial management is an area of financial decision making, harmonizing individual motives and enterprise goals”. Who define this? |
| A. | J.F. Bradlery |
| B. | Ezra Solomon |
| C. | Deepika& Maya Rani |
| D. | Weston and Brigham |
| Answer» D. Weston and Brigham | |
| 54. |
“Financial management is the area of business management devoted to a judicious use of capital and a careful selection of sources of capital in order to enable a business firm to move in the direction of reaching its goals” Who says this? |
| A. | Guthman and Dougal |
| B. | Weston and Brigham |
| C. | J.F. Bradlery |
| D. | Deepika& Maya Rai |
| Answer» C. J.F. Bradlery | |
| 55. |
“Financial management is properly viewed as an integral part of overall management rather than as a staff specially concerned with funds raising operations”. |
| A. | Deepika& Maya Rai |
| B. | J.F. Bradlery |
| C. | Guthman and Dougal |
| D. | Ezra Solomon |
| Answer» C. Guthman and Dougal | |
| 56. |
“The activity concerned with the planning, raising, controlling and administering of funds used in the business”. Who defines this? |
| A. | Ezra Solomon |
| B. | J.F. Bradlery |
| C. | Guthman and Dougal |
| D. | Weston Brigham |
| Answer» D. Weston Brigham | |
| 57. |
The most common cause of financial problems are: |
| A. | Undercapitalization |
| B. | Inadequate expense control |
| C. | Credit terms |
| D. | All of the above |
| Answer» D. All of the above | |
| 58. |
A statement that projects management’s expectations for revenues and, based on those financial expectations, allocates the use of specific resources throughout the firm is called: |
| A. | Capital budget |
| B. | Operating budget |
| C. | Cash budget |
| D. | Resource budget |
| Answer» D. Resource budget | |
| 59. |
An example of fixed asset is |
| A. | Live stock |
| B. | Value stock |
| C. | Income stock |
| D. | All of the above |
| Answer» A. Live stock | |
| 60. |
The total cost that arises when the quantity produced is increased by one unit is called |
| A. | The number of people employed in the firm |
| B. | The book value of the firm’s assets less the book value of its liabilities |
| C. | The amount of salary paid to its employees |
| D. | The market price per share of the firm’s common stock |
| Answer» B. The book value of the firm’s assets less the book value of its liabilities | |
| 61. |
______ varies inversely with profitability. |
| A. | Liquidity |
| B. | Risk |
| C. | Financing |
| D. | Liabilities |
| Answer» A. Liquidity | |
| 62. |
_________ of a firm refers to the composition of its long term funds and its capital structure. |
| A. | Capitalisation |
| B. | Over-capitalistion |
| C. | Under-capitalisation |
| D. | Market capitalisation |
| Answer» A. Capitalisation | |
| 63. |
In finance, “working capital” means the same thing as |
| A. | Total assets |
| B. | Fixed assets |
| C. | Current assets |
| D. | Current assets minus current liabilities |
| Answer» C. Current assets | |
| 64. |
Which of the following would be consistent with a more aggressive approach to financing working capital |
| A. | Financing short term needs with short term funds |
| B. | Financing permanent inventory build up with long term debt |
| C. | Financing seasonal needs with short term funds |
| D. | Financing some long term needs with short term funds |
| Answer» D. Financing some long term needs with short term funds | |
| 65. |
Which of the following is not the responsibility of financial management? |
| A. | Allocation of funds to current and capital assets |
| B. | Obtaining the best mix of financing alternatives |
| C. | Preparation of the firm’s accounting statements |
| D. | Development of an appropriate dividend policy |
| Answer» C. Preparation of the firm’s accounting statements | |
| 66. |
Uses of funds include a(an): |
| A. | Decrease in cash |
| B. | Increase in any liability |
| C. | Tax refund |
| D. | Increased in fixed assets |
| Answer» C. Tax refund | |
| 67. |
A capital investment is one that |
| A. | Has the prospect of long term benefits |
| B. | Has the prospect of short term benefits |
| C. | Is only undertaken by large corporations |
| D. | Applies only to investment in fixed assets |
| Answer» A. Has the prospect of long term benefits | |
| 68. |
Which one of the following factors that influence educational finance? |
| A. | Demand for education |
| B. | Financial control |
| C. | Concentration of wealth |
| D. | Level of national income |
| Answer» A. Demand for education | |
| 69. |
The main problem of financing a scheme of post-secondary education that faced with serious difficulties |
| A. | expansion of educational services |
| B. | Removal of disparities in educational opportunities |
| C. | Inadequacy of funds |
| D. | None of the above |
| Answer» C. Inadequacy of funds | |
| 70. |
Modern industrial development has caused________ |
| A. | Private enterprise |
| B. | Economic imbalances |
| C. | Social change |
| D. | Economic contribution |
| Answer» B. Economic imbalances | |
| 71. |
The control of________ is a very important problem because ‘power follows the purse’ and this power may be easily misused |
| A. | Economy |
| B. | Population |
| C. | Government |
| D. | Finance |
| Answer» D. Finance | |
| 72. |
Economists believe in the law of diminishing marginal utility’. This ‘utility’ means |
| A. | Ability |
| B. | Efficiency |
| C. | Satisfaction |
| D. | Reduction |
| Answer» C. Satisfaction | |
| 73. |
Efficiency can be much improved if there is only a________ planning. |
| A. | Short term and long term |
| B. | Short term |
| C. | Long term |
| D. | None of the above |
| Answer» C. Long term | |
| 74. |
It has been decided that______ of schooling will be made available to majority of our youth |
| A. | 12 years |
| B. | 10 years |
| C. | 5 years |
| D. | None of the above |
| Answer» A. 12 years | |
| 75. |
To solve the problem of mobility of population and overcrowding in the cities the government has to adopt |
| A. | Appropriate measures both at the economic and educational levels |
| B. | Evolving a new finance structure in which the Central government will have to play significant role |
| C. | Maintenance of a high level of national income |
| D. | Financing of education |
| Answer» A. Appropriate measures both at the economic and educational levels | |
| 76. |
Which one is not educational finances needed for purposes in education? |
| A. | Maintenance of normal educational services |
| B. | Expansion of educational services |
| C. | Expansion of disparities in educational opportunities |
| D. | Planning, organising, directing and controlling the financial activities |
| Answer» D. Planning, organising, directing and controlling the financial activities | |
| 77. |
The most important method used in Ancient and medieval times in financing education is |
| A. | Land grants and income yielding endowmwnts |
| B. | Learning while earning |
| C. | Donation from the public |
| D. | Government funds |
| Answer» A. Land grants and income yielding endowmwnts | |
| 78. |
One of the following is not include in the important activities in the field of education undertaken by UNESCO |
| A. | Centre for Educational Technology |
| B. | Secondary School Teaching License Project |
| C. | Organisation of meetings, seminars, workshops etc |
| D. | Expansion of educational services |
| Answer» D. Expansion of educational services | |
| 79. |
An important problem of social change, which cannot be solved by half-harted measures is |
| A. | Unemployment of youth |
| B. | Population mobility |
| C. | Age distribution of population |
| D. | Extension of educational opportunities |
| Answer» C. Age distribution of population | |
| 80. |
Besides the provision for special education, ___________ will require additional adjustments in the policies of educational financing |
| A. | Vocational education, professional training course etc |
| B. | Financial resource |
| C. | Distribution of funds |
| D. | School fees |
| Answer» A. Vocational education, professional training course etc | |
Done Studing? Take A Test.
Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.