Republic of the Philippines

Department of Education
DIVISION OF CITY SCHOOLS, CITY OF NAGA
DON EMILIO CANONIGO SENIOR HIGH SCHOOL
PANGDAN, CITY OF NAGA, CEBU
School ID: 303002

WEEK 3 TEST QUESTIONAIRE FOR BUSINESS FINANCE

Test Question ( Multiple-Choice) Level No. of
points
DIRECTION: Read each item carefully and write the letter of your chosen answer. Easy (40% Averag Difficu Answer
or 4 pts.) e lt (10
pts.)
30% or (30%
3 pts.) or 3
pts.)

1. These include payments to suppliers and other service providers, loans, and cash 1 A
dividends.
a. Cash disbursement b. Target cash balance c. Net cash flow d. EFN

2. Jungkook SNS corporation provides the estimated amount of money based on the 1 D
volume of products that a company proposes to sell in a future period.
a. Sales revenue b. Cash budget c. + EFN d. Sales budget

3. It is composed of collections from receivables, proceeds from loans, issuance of new 1 B

shares of stocks, and advances from the stockholders.
a. Sales budget b. Cash receipts c. Operating budget d. Cash
disbursement

4. Why is the amount of cash that the firm needs to maintain at all times at its present 1 A
level of operations, cash flows stability, and the political and macro-economic
conditions is needed in the company?
 Republic of the Philippines
Department of Education
DIVISION OF CITY SCHOOLS, CITY OF NAGA
DON EMILIO CANONIGO SENIOR HIGH SCHOOL
PANGDAN, CITY OF NAGA, CEBU
School ID: 303002

a. in order to have targeted cash balance

b. because of the decrease of net cash flow
c. is intended for EFN
d. Budget is highly needed

5. How to displays the expected cash receipts and disbursements for an accounting 1 C
period.
a. Sales revenue b. Cash budget c. + EFN d. Sales budget

6. How to identify if the company needs additional funds. 1 A

a. by + EFN
b. by sales budget
c. by plotting Cash receipts
d. by operating budget

7. Hybe Entertainment displays the expected cash receipts and disbursements for an 1 B
accounting period.
a. Target cash balance b. Net cash flow c. – EFN d. Budget

8. It is composed of the variable and fixed costs needed to run the operations of the 1 A
business.
a. Operating budget b. Cash disbursement c. Target cash balance
d. Net cash flow

9. The sheets of Hybe Entertainment provides Taehyung information about the number 1 C
of units that should be produced over a given accounting period based on expected
 Republic of the Philippines
Department of Education
DIVISION OF CITY SCHOOLS, CITY OF NAGA
DON EMILIO CANONIGO SENIOR HIGH SCHOOL
PANGDAN, CITY OF NAGA, CEBU
School ID: 303002

sales and targeted level of ending inventories.

a. – EFN b. Budget c. Production budget d.
Required production

10. It is the formula used by adding expected sales and target ending inventories and then 1 D
deducted to the
beginning inventories.
a. – EFN b. Budget c. Production budget d. Required
production

Prepared by:
MARIZ B. AÑIRO
Teacher II Checked by:

PATRICIO M. MANUNDAN
School Head