FINANCIAL MANAGEMENT PRACTICES

ON BUSINESS PERFORMANCE OF
SMALL AND MEDIUM ENTERPRISES IN
TAGUM CITY
* Required

1. fiank you for consenting to participate in the survey. For verification, please provide your *
e-mail address in the space provided below:

This Privacy Manual is hereby adopted in compliance with Republic Act No.
10173 or the Data Privacy Act of 2012 (DPA), its Implementing Rules and
Regulations, and other relevant policies, including issuances of the National
Privacy Commission. We, the student-researchers, respect and value your
right to privacy and make sure that all of the personal information we get from
you, our respondents, is handled according to the general principles of
transparency, legitimate purpose, and proportionality.

We will collect your information that will be utilized for this study and serve as
proof of evidence for the data gathering process. Your personal information
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important to us, as well as making sure that our real and legitimate interests
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as researchers.

2. *

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 The following will provide you with information about the study that
will help you decide whether or not you wish to participate. If you
agree to take part, please know that you are free to quit at any time
during the study without being punished.

The researchers request your consent for participation in this study,

"Financial Management Practices on Business Performance of Small
and Medium Enterprises In Tagum City". This consent form allows the
researchers to use the data gathered from the questionnaire.

In this study, all the information you provide will remain confidential
and not be associated with your name. Your participation is solicited
but voluntary. If, for any reason, you do not feel comfortable, you
may refuse to answer and receive credit for the time you
participated, and your information will be discarded. When this
Informed
survey is complete, you will be furnished with a copy of your
Consent responses. You are also free to ask any questions regarding the
study results.

By submitting this form, you indicate that you have read the
description of the study, are over 18 years old, and agree to the
terms described.

If you have further questions concerning this study or would like a

copy of this consent letter, please feel free to contact us by phone
or email at:

Phone: +639308954348
E-mail: l.flores.122956.tc@umindanao.edu.ph
l.mulit.122964.tc@umindanao.edu.ph
j.tubo.122955.tc@umindanao.edu.ph

3. I agree to participate in the research study. I understand this study's purpose and nature, *
and I am participating voluntarily. I know that I can withdraw from the study without any
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 Dear Respondents,

The DAE-BSA students at the University of Mindanao are currently

doing a research study called "FINANCIAL MANAGEMENT
PRACTICES ON BUSINESS PERFORMANCE OF SMALL AND MEDIUM
ENTERPRISES IN TAGUM CITY."

Financial management plays an essential role in the financial

performance of businesses. It is the discipline of making financial
decisions for long and short-term goals to ensure that the return on
capital exceeds the cost without losing too much money (Robison,
2020). It clarifies practical financial management principles and is
applied in the workplace to adjust to changing business conditions.
Effective management is the key to a company's long-term success
(Admasu, 2021). Because of this, the owners of SMEs should be
open to adopting financial management practices in order to get the
business performance they want (Turyahebwa, 2013).

The study aims to assess how financial management practices affect

entrepreneurs' ability to achieve their financial goals while running a
business. This study will analyze the impact of financial practices
that owners use on economic performance and how they allocate
their income to achieve financial goals. Considering that money is an
essential commodity that helps people run their lives,
Rationale
The instrument applied in this study was questionnaires that were
adopted in the study of Muguchia, 2018 and modified to assess the
impact of financial management practices on the business
performance of SME’s in Tagum City. The said questionnaires were
made valid and clear so that the people who filled them out could
understand them and answer them easily.

In line with that, to be able to move on to the next phase – the data
gathering – the researchers would like to ask your permission to
participate in answering the survey form. Rest assured that all the
information you indicate in the survey will be treated with the utmost
confidentiality.

Thank you for your cooperation.

Respectfully Yours,

LLIANA FAYE C.
FLORES LOREN MAE D.
MULIT JASMIN L. TUBO
4. Name (First Name, Middle Initial, Last Name) *

5. Age *

6. Sex *

Mark only one oval.

Male

Female

Prefer not to say

Other:

7. Business Name *

8. Position *

9. Length of Service *
 Below are questions about your own performance in the group. You are to evaluate
characteristics, in accordance with the scaling below.

Financial
Management - VERY HIGH
Practices - HIGH
- MODERATE
- LOW
- VERY LOW

10. 1. fie cash budgets were prepared.

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

11. 2. fie target cash balance were determined. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

12. 3. fie surplus cash were invested in any marketable securities. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

13. 4. fie cash ows were forecasted and analyzed. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

14. 5. fie cash were recorded and specified correctly. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

15. 6. Maintain a subsidiary ledger of customer accounts and review cash collections and *
disbursements.

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

16. 7. Reviewing of payment schedules were monitored. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

 Below are questions about your own performance in the group. You
are to evaluate to what extent these questions reflect your characteristics, in accorda

Capital
- VERY HIGH
Budgeting - HIGH
- MODERATE
- LOW
- VERY LOW

17. 1. Monitoring of current cash ows. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

18. 2. Identifying and estimating expected projects. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

19. 3. Forecasting the supply and cost of funds for investment purposes. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

20. 4. Monitoring capital project implementation and progress. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

21. 5. Continuous and creative search for investment opportunities. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

22. 6. Reviewing of the firm project appraisal techniques. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

23. 7. Implementing cost-benefit analysis on business projects. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

 Below are questions about your own performance in the group. You are to evaluate to
characteristics, in accordance with the scaling below.

Financing - VERY HIGH

- HIGH
- MODERATE
- LOW
- VERY LOW

24. 1. Reviewing of viable sources of financing. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

25. 2. Utilization of short-term financial sources. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

26. 3. Implementing cost-effective financing sources. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

27. 4. Estimation of costs of financing sources. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

28. 5. Reviewing and analyzing capital structure. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

29. 6. Utilizing funds management effectively. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

30. 7. fie capacity to repay term debt on time. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

 Below are questions about your own performance in the group. You are to evaluate
characteristics, in accordance with the scaling below.

Business
Performance - VERY HIGH
of SME’s - HIGH
- MODERATE
- LOW
- VERY LOW

31. 1. fie business can attract more profit. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

32. 2. fie business has embraced more opportunities. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

33. 3. fie management improves their productivity. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

34. 4. fie liquidity of a firm’s assets has increased. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

35. 5. fie business holds higher availability of capital for investment. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

36. 6. fie business has a higher operating margin. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

37. 7. fie business has improved risk management. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

38. 8. fie business gains a high public image. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

39. 9. fie management has the transparency in operations. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

40. 10. fie business meets the service quality standards. *

Mark only one oval.

1 2 3 4 5

VERY HIGH VERY LOW

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