The primary aim of production is to satisfy demand of consumer TRUE
2. What is not the function of finance SEARCHING FOR INVESTORS 3. Commodity money must be full bodied money FALSE 4. Administration of the firm’s short term assets. Inventories and liabilities WORKING CAPITAL MANGEMENT 5. Source of value of money LIQUIDITY 6. Transactional value of money consider supply and demand as average quantity of money FALSE 7. Changes in value of money is attributed to the relationship between money supply and----- PRICE 8. In changes in the value of money P is price level TRUE 9. Assessing viability of growth of business is one of the role of financial manager TRUE 10. Standard money and its management FINANCE 11. Credit money is any type of money FALSE 12. Finance as an academic discipline has its role in accounting only FALSE 13. Theory of monetary postulating that there is a define and strong connection between money and income within the country INCOME THEORY 14. Different kinds of money used within the nation STANDARD MONETARY UNIT 15. Commerce is founded in trust FALSE 16. Represent the sum of the rules and… MONEY SUPPLY IN THE PHILIPPINES 17. To be successful in business, money must come in any sources FALSE 18. GNP is the real income of a country in a given period TRUE 19. Money….. during Japanese invasion MICKEY MOUSE MONEY