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Chapter:

60+ working capital Solved MCQs

in Management Accounting

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Banking and Insurance (BBI) , Bachelor of Commerce (B Com) .

Chapters

Chapter: working capital
51.

Which of the following is a technique that helps the exporter to sell the receivables to any bank or financial institution without recourse?

A. forfeiting
B. leading & lagging
C. derivatives
D. netting
Answer» A. forfeiting
52.

Money market financial services not include:

A. bill discounting
B. merchant banking
C. leasing
D. securitization
Answer» B. merchant banking
53.

Factoring involves:

A. providing short term loan
B. providing long term loan
C. financing of export receivables
D. management of receivables of borrower
Answer» D. management of receivables of borrower
54.

The tools of treasury management does not include:

A. foreign exchange management
B. cash management
C. receivable management
D. risk management
Answer» D. risk management
55.

Under which type of bank borrowing can a borrower obtain credit from a bank against its bills?

A. letter of credit
B. cash
C. purchase or discounting of bills
D. working capital loan
Answer» C. purchase or discounting of bills
56.

The factors that affect dividend policy are:

A. tax consideration
B. privatization
C. foreign investment
D. working cash flow
Answer» A. tax consideration
57.

To financial analysts, "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
58.

Which of the following would be consistent with an aggressive approach to financing working capital?

A. financing short-term needs with short-term funds.
B. financing permanent inventory buildup 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.
59.

Which of the following would be consistent with a conservative approach to financing working capital?

A. financing short-term needs with short-term funds.
B. financing short-term needs with long-term debt.
C. financing seasonal needs with short-term funds.
D. financing some long-term needs with short-term funds.
Answer» B. financing short-term needs with long-term debt.
60.

-Which of the following would be consistent with a hedging (maturity matching) approach to financing working capital?

A. financing short-term needs with short-term funds.
B. financing short-term needs with long-term debt.
C. financing seasonal needs with long-term funds.
D. financing some long-term needs with short-term funds.
Answer» A. financing short-term needs with short-term funds.
61.

The amount of current assets that varies with seasonal requirements is referred to as __________ working capital.

A. permanent
B. net
C. temporary
D. gross
Answer» C. temporary

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