C1

Name Surname Programme EXAM/ Date Points

Answer marking EXAMPLE (MULTIPLE CHOICE IS POSSIBLE)

.................................... is a continuous activity performed independently by the entrepreneur in his

name and for his responsibility in order to reach the profit.
A)Enterprise B) Entrepreneurship C)Entrepreneur D) Risk of
entrepreneurship

1. Primary goal of managerial finance is not (1 point)

A) maximize B) maximize C) maximize D) maximize
enterprise profit enterprise value enterprise assets enterprise liabilities
2. All expenses incurred by the business that are purchased from regular creditors on an
open account and are due and payable are (1 point)
A) Short-term B) Other current C) Accrued liabilities D) Accounts payable
provisions liabilities
3. Distribution policy of enterprise does not include (1 point)
A) Purpose of selling B) Methods of selling C) Ways of selling D) Perspectives of selling
4. Price strategy making is not influenced by: (1 point)
A) Business B) Consumer demand C) History of enterprise D) Competition activities
goals
5. Intensity of competition “pressure” depends on: (1 points)
A) possibilities of B) price sensitivity C) type of market D) own position on the
alternatives market
6. Short and Long-term bottom price equals to: (1 point)
A) variable cost per B) fixed cost per unit C) fixed cost per unit plus D) total variable and
unit variable cost per unit fixed cost
7. Selecting the most suitable business partner is in functional sale theory (1 point)
A) Qualitative B) Quantitative C) Arial function D) Promotional
function function function
8. Decrease of company’s material resources express: (1 point)
A) Expenditure B) Cost C) Expenses D) Assets
9. Consumption of production factors incurred in the consumption moment (1 point)
A) Expenditure B) Cost C) Expenses D) Liabilities
10. Costs increase slower then amount of production are (1 point)
A) Proportional B) Progressive C) Regressive D) Degressive
11. Cost Classification according to the type assignment to the product: (1 point)
A) Period and Product B) Administrative and C) Manufacturing and D) Manufacturing and
Marketing Nonmanufacturing Direct
12. Cost that has already been incurred and that cannot be changed by any decision made now
or in the future - cost of the sacrificed opportunity are: (1 point)
A) Alternative cost B) Sunk cost C) Opportunity cost D) True variable costs
13. Non-current assets are: (1 point)
A) Potential B) Used production C) Disposing D) Elementary
production factors factors production factors production factors
14. A company's merchandise, raw materials, and finished and unfinished products which
have not been sold yet are (1 point)
A) Inventory B) Accounts receivable C) Provisions D) Cash and cash equivalents
15. Inventory are created by (1 point)
A) Finished goods B) Finished services C) Work in process D) Goods sold
16. Assets classification according to participation in transformation process are (1 point)
A) Tangible, Intangible B) Illiquid, Higher C) Current and D) Short-term,
and Financial level of liquidity and Fixed Long-term
Liquid
17. Purchase price: revaluation price; own production costs; face values in fixed assets is: (1
point)
A) Revaluation price B) Initial price C) Residual price D) Purchase price
18. Price according to new conditions – fair value (market-based evidence) in fixed assets is: (1
point)
A) Revaluation price B) Initial price C) Residual price D) Purchase price
19. Real amount of wearing-out according to useful life or performance is: (1 point)
A) Law depreciation B) Calculation C) Tax depreciation D) Accounting
depreciation depreciation
20. Manpower is: (1 point)
A) Used indirect B) Used direct C) Elementary D) Elementary
production factor production factor potential active potential passive
production factor production factor
21. Basic types of Strategic Workforce Planning are (1 point)
A) Modelling B) Classification C) Capacity approach D) Segmentation
approach approach approach
22. Additional forms in remuneration system could be: (1 point)
A) Premium, bonus B) Wage supplement C) Share in trading income D) Incentive payment
23. Factors of the world environment are (1 point)
A) flexibility B) saturation C) intensification D) diversity
24. Macro environment is created by these basic factors (1 point)
A) production B) demografic C) economic D) personal
25. Effort for more complex evaluation of available resources (employees, materials,
machines, tools, etc.) is not the outcome of (1 point)
A) Flexibility B) Intensification C) Intellectualization D) Acceleration
26. Development services (System of education Health care system Culture) are object
of...................sector (1 point)
A) Secondary B) Terciary C) Quarterly D) Quinty
27. Material services (Services, Logistic, Commerce) are object of...................sector (1 point)
A) Secondary B) Terciary C) Quarterly D) Quinty
28. The production factors in accordance with national economy division are ....... (1 point)
A) Elementary, B) labour, land, capital C) elementary, labour, D) elementary,
disposing, additonal capital disposing,capital
29. Primary goal of managerial finance is (1 point)
A) maximize B) maximize C) maximize D) maximize
enterprise profit enterprise value enterprise assets enterprise liabilities
30. All expenses incurred by the business that are purchased from regular creditors on an
open account and are due and payable are (1 point)
A) Short-term B) Other current C) Accrued liabilities D) Accounts payable
provisions liabilities
31. Allocation and redistribution of finances with the aim to stabilize economic development is
called ................................. policy (1 point)
A) Fiscal B) Monetary C) Structural D) Employment and
Social
 32. Control of the amount of money and interest rate (Central bank – bank system, currency,
etc.) is called ....... ......................... policy (2 points)
A) Fiscal B) Monetary C) Structural D) Employment and Social
33. Development services (System of education Health care system Culture) are object
of...................sector (1 point)
A) Secondary B) Terciary C) Quarterly D) Quinty
34. Material services (Services, Logistic, Commerce) are object of...................sector (1 point)
A) Secondary B) Terciary C) Quarterly D) Quinty
35. The production factors in accordance with national economy division are ....... (1 point)
A) Elementary, B) labour, land, capital C) elementary, labour, D) elementary,
disposing, additonal capital disposing,capital
36. Short-term obligations of the state government are not (1 point)
A) Commercial B) Negotiable Certificates of C) Banker’s D) Treasury
Papers Deposit Acceptance Bills
37. Accounts receivable are (1 point)
A) tangible, B) tangible, non- C) intangible, D) intangible, non-
standardized current standardized current standardized current standardized current
assets assets assets assets
38. Semi-finished goods are (1 point)
A) tangible, standardized B) tangible, non- C) intangible, D) intangible, non-
current assets standardized current standardized current standardized current
assets assets assets
39. Cash/cash equivalents => marketable securities => accounts receivable => cash/cash
equivalents is (1 point)
A) Primary cash B) Secondary cash C) Tertiary cash flow cycle D) Quaternary cash
flow cycle flow cycle flow cycle
40. Purchase price: revaluation price; own production costs; face values in fixed assets is: (1
point)
A) Revaluation price B) Initial price C) Residual price D) Purchase price

Open questions (explain/describe/... together with an example) app on a half of page

41. Describe in hypothetical company business costs and their classification based on
the selected criteria and importance of their controlling. (20 points)

42. Describe in hypothetical company the financial results of a company and their
allocation. Cash flow of a company. (20 points)