Multiple Choice Multiple Answer
Question
A current investment is an investment that is by nature :-
Correct Answer Readily realisable , Intended to be held for not more than 1year from the date on
which investment is made
Your Answer
Readily realisable , Intended to be held for not more than 1year from the date on
which investment is made
True/False
Question
Trade credit creates book debts which the firm is expected to collect in the near
future.
Correct Answer True
Your Answer
True
True/False
Question
The chance of bankruptcy is small when the leverage of a firm is small.
Correct Answer True
Multiple Choice Multiple Answer
Question
The 3 groups of participants in a firm are :-
Correct Answer Suppliers of equity , Debt suppliers , Firm Managers
Your Answer
Suppliers of equity , Debt suppliers , Firm Managers
Multiple Choice Multiple Answer
Question
The financial managers of a company consume a great deal of their time in
activities like :-
Correct Answer Monitoring the investment in inventories , Negotiating favourable credit terms ,
Administrating Accounts receivables
Your Answer
Monitoring the investment in inventories , Negotiating favourable credit terms ,
Defining a proper strategy for product promotion
True/False
Question
Appraisal value of a firm can be acquired from an independent appraisal agency.
Correct Answer True
Multiple Choice Multiple Answer
Question
The following categories of personnel are taken into account to calculate the
actual manpower strength :-
Correct Answer Full time equivalents , Temporary staff , Part time personnel
Your Answer
Full time equivalents , Temporary staff , Casual workers
Multiple Choice Multiple Answer
Question
Accrued expenses represent :-
Correct Answer Costless financing , An interest free source of financing
Your Answer
Costless financing , An interest free source of financing , Truly discretionary
financing
3