tài chính doanh nghiệp

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CHAPTER I - OVERVIEW OF CORPORATE FINANCE

Question 1: Usually a joint stock company is owned by: a.
The company's own managers b.
Shareholders c.
Board of Directors d.
All of the above are true
Question 2: Financial intermediaries can be:

a. Banks and interbanks b. Savings
funds c. Insurance
companies d. All of the
above statements are correct
Question 3: The type of business owned by a single individual is called: a. Private
company b. Small
company c.
Partnership d.
Independent contractor
Question 4: Corporate financial management has the
following roles:. a. Mobilization ensures adequate and timely capital for business activities of the
enterprise. b. Organization of economical and
efficient use of capital c. Closely supervise and inspect all aspects of production and business
activities of enterprises
d. Including a, b, c Question 5: A company's investment decision
is also known as: a.
Sponsorship decision b. Determine
cash availability c. Capital
budgeting decisions d.
None of the sentences are correct Question 6: Factors affecting
corporate financial management a. Differences in
legal form of enterprise organization b. Technical and
economic characteristics of the
business industry c. Business environment of enterprises d. All of the above
Question 7: Contents of corporate governance:

a. Participate in the evaluation and selection of investment projects and business
plans b. Determining capital needs, organizing capital mobilization to meet business needs c. Organize
the use of existing capital, strictly manage revenues and expenditures to ensure solvency
of the enterprise d.
All of the above ideas
Question 8: Joint stock companies have advantages compared to private companies and partnerships
because: a. Tax
exempt b. Separation of ownership and management
rights c. Unlimited liability
d. Reporting requirements are minimized
Question 9: The financial objective of a joint stock company

is a. Maximum sales
b. Profit maximization c.
Maximize company value for shareholders d.
Maximize earnings for managers
Question 10: The following are examples of real property except: a. Machinery
and equipment b. Real
estate c. Types of
securities
d. Trademark
Question 11: Which of the following goals is most appropriate for a financial manager of a joint-stock
company: a. Maximize the market value of the company's stock.
b. Maximize the company's market
share c. Maximize the company's current profit. d.
Minimize the company's debt
Question 12: Financially, which enterprise has unlimited liability for its debts? a. Joint Stock Company
b. Private enterprise
c. Both a and b are true
d. Both a & b are wrong
Question 13. Limited liability is an important feature of: a. Private

company b. Partnership
c. Joint stock company
d. All of the above are
true
Question 14. Which of the following statements best distinguishes real assets from financial
assets? a. Real assets are worth less than financial
assets b. Real assets are tangible assets, while financial assets are not c. Financial ts tc thể hiện một trái quyền đối với thu
nhập từ tài sản thực
assets represent a claim to income generated from real assets d. Financial assets are always sold,
real assets are always bought
Question 15. An important task of a financial manager is: a. Raising

capital b. Creating
value for the business c. Deciding
on dividend policy d. All 3 ideas
above
Question 16. A decision regarding a certain fixed asset to be purchased is called a decision
_______
a.
Sponsorship b.
Working capital c.
Capital structure d. Capital budgeting
Question 17. Capital directors are usually in charge of the following tasks of a joint stock company except: a.
Prepare financial statements b.
Establish relationships with investors c. Cash
management d.
Seeking funding sources
Question 18. The following are the main advantages in separating the management and ownership rights of a
joint stock company except: a. Joint
stock company with perpetual life b.
Shareholders have the advantage of transferring ownership without affecting the company's activities
c. The company can hire professional managers d. Agency costs

incurred
Question 19. The main disadvantages in organizing a joint stock company are:
a. Limited liability b. Life is
eternal
c. Taxes are levied twice d. Unlimited

Liability
Question 20. Agency costs are: a.

Agency costs are the result of conflicts of interest between shareholders and managers
company.
b. The costs of monitoring the activities of managers. c. Both of the
above statements are correct d. The
sentences above are not correct
Question 21. When a security is issued to the public for the first time, it will be traded on the market……. After that, these securities
will be traded on the market.
a. Primary and secondary
b. Secondary and primary
c. OTC, auction d.
Online auction broker
Question 22. Which of the following is not a primary function of financial intermediaries?
a. Provide a payment mechanism b.
Raise capital from small investors c. Investing in real
assets d. Spread risk among
individual investors
Question 23. Financial institutions have facilitated individuals and companies through the following activities: a. Loan b. Spread
of risk
c. Loan d.
These statements are
correct
Question 24: When investor Y sells common shares of company A at a time when Mr. X is also looking to buy shares of this company,
then company A will receive: a. The monetary value of this transaction b. An
amount from this trading activity, less brokerage fees. c. Just
the par value of common stock d. Didn't get anything
CHAPTER II – CASH LINES Question 25: Mr.

Tuan deposited 100 million VND in Techcombank for 6 months with an interest rate of 12%/year.
After 6 months, how much does the bank have to pay Mr. Tuan for both capital and interest (calculated by the compound interest
method) ? must record compound interest
monthly a. 110 million
dong b. 106.15 million dong
c. 100 million dong d.
102 million VND
Question 26: Given an interest rate of 12%/year, compounded annually. Calculate the real interest rate after 5 years? what to
write here?
xoas a.
0.7623 b.
0.8233 c. 0.650 d. 1.7623
Question 27: What is the net present value of the following cash flows if the discount rate is 10%?
T=0 T=1 T=2
- 340,000 440,000 won 484,000 won
a. 440,000 b.
484,000 c.
500,000 d.
600,000 only answer 470?
Question 28: If the present value of the established cash flow is VND 1000 million from the initial investment of VND 800 million.
What is the project's NPV? a. 1800 b. -
1800 c. -
200 d. 200
Question 29: Question 44: If the present value of cash flow A is 3000 million VND and the present value of cash flow B is 1000 million
VND, the present value of the combined cash flows (A + B) is: a . 2000 b.
-2000 c.
3000 d. 4000
Question 30: Given an interest rate of 14%/year, compounded annually. What is the real interest rate after 5 years (approximately)?
what to write?
a. 2,925 b.
0.823 c.
0.925 d.
1,763
Question 31: Ms. Lan saves VND 800 million for a period of 4 years with an interest rate of 14%/year by compounding method. The
amount at the end of the 4th year Ms. Lan can receive is approximately:
a. 1351.68 million
b. 912 million
c. 1000 million
d. 3648 million VND
Question 32: Vietcombank regulates the nominal interest rate for savings deposits at 7.75%/year. Interest is entered once every quarter
(assuming there are 4 quarters in a year). Calculate the real interest rate of Vietcombank (approximately)? a. 7.98% recheck? b. 8.06%
c. 6.8% d. 7.75%
Question 33 : A turnkey investment project has expected revenues at the end of 3 years as follows : 550 ; 0 ; 665.5 (unit of million VND).
The discount rate of the project is 10%/year. What is the present value of the project's total revenues? a. 1215,500 million VND b. 1000
million c. 165.5 million VND d. None of the sentences
are correct
Question 34: An APEC financial company sells to Hai Ha confectionery company a fixed asset of VND 10 billion, but because Hai Ha
Company has financial difficulties, it wants to pay the debt until the end of the year and the company will pay the debt until the end of
the year. The finance company asked to pay 11.2 billion VND. Calculate the interest rate of the above credit purchase?
a. 12% b.
112% c. 13%
d. ten%
Question 35: If the present value of cash flows X is $4000, and the present value of cash flows Y is $5000, the present value
of the combined cash flows (X+Y) is: a. 1000$ b.
$9000 c. -
$1000 d.
None of the
sentences are correct
Question 36: Calculate the real interest rate (it) knowing the nominal interest rate is 10%/year in the case of compounding
interest on 6
scales/lan: a. it = 10.38% typographical
error b. it =
9.8% c. it = 10.1%
d. it = 10.25%
Question 37: Tan An Co., Ltd wants to borrow VND 10,000,000 from VPB. This amount is repaid evenly over 3 years, once a
year (first payment after one year from the current time).
If the bank charges 10% interest, how much money does Tan An Co., Ltd. have to pay each year (approximately)? a.
4,021,148 VND recheck b. 3,000,000
VND c. 4,500,000
VND d. VND
3,500,000
Question 38: Asia Bank stipulates the nominal interest rate for savings deposits is 7.75%/year, interest is entered into the
capital daily. Calculate the real interest rate of Asia Bank (approximately). Assume 1 year has 365 years)? a. 8.06% b. 7.75%
c. 9% d. twelfth%
Question 39 (delete): Ms. Hong has $100 at the moment and the market interest rate is 10%/year. Mr. Thuy also has an
investment opportunity that he says can invest 50S now and receive $60 next year. Assume that Mrs. Hong consumes 50S at
present and invests in the project. What is the maximum amount that Mrs. Hong can spend next year? a. 55$ b. 60$ c. $50 d.
None of the sentences are correct
Question 40: An investment with a nominal interest rate of 12%/year (monthly compounding) is equal to the effective annual
interest rate of: a. 12.68% b. 12.86% c. 12%
d. None of
the
Question 41: If the present value of the established cash flow is VND 550 million from the initial investment of VND 500 million.
What is the project's NPV? a. 1050
b. - 1050
c. - 50 d. 50
Question 42: The principle of compound interest is related to:

a. Interest income calculated on principal b.

Interest income calculated on the previous year's interest earned c.
Invest in a certain number of years d.
Question 43: To receive 115,000 EUR after 1 year with an interest rate of 10%, how much must the current amount be?
how
much? a. 121,000
EUR b. 100,500
EUR c. 110,000
EUR d. 104,545 EUR
Question 44: If the present value of cash flow A is 900 million VND and the present value of cash flow B is 600 million
VND, the present value of the combined cash flows (A
+ B) is: a.
1,500 b. -
1,500 c.
300 d. - 300
T=0 T=1 T=2 T=3
- 300,000 330,000 363,000 399,300
a. 530,000 b.
-530,000 c.
600,000 d. -
600,000 won
Question 46: Annual cash flow is defined as: delete a. Cash flows arising from
time to time to perpetuity b. Cash flows arising over a certain period of time
c. Not equal to the cash flows generated in the period up to eternity
d. None of the sentences are correct
T=0 T=1 T=2
- 200,000 220,000 242,000
a. 200,000
b. 220,000
c. 242,000
d. -200,000 won
Question 48: ACB regulates the nominal interest rate for savings deposits at 7.75%/year. Interest is entered once every
quarter. If Mr. Tien has 100 million VND deposited in A Chau bank, after 4 years, how much money does Mr. Tien earn
approximately? a. 136,048,896
VND to check again? b. 170,000,000
VND c. 175,750,000
VND d. None of the
T=0 T=1 T=2
- 100,000 110,000 121,000
a. 100,000
b. 110,000
c. 121,000
d. 90,000 won
Question 50: Ms. Thu deposited 500 million VND in a 5-year term with the interest rate of 9%/year according to the method of calculating
compound interest. The amount at the end of year 5 Mrs. Thu can receive is
approximately: a.
769,312 million
VND b. 725
million c. 700 million d. 600 million VND
Question 51: If the present value of $1 invested in the nth year in the future with an interest rate of r% is 0.27, then the future value of $1 invested
today will also be at a rate of r% in the future. How much is n years?
a. 2.7 b.
3.7 c. 1.7
d. Not
enough information to calculate
Question 52: Knowing the discount rate of 10%/year, the discount period of 3 years, the discount factor of 1 amount is:
a. Greater than 1
b. Less than 1c.
Equal to 1 d.
All 3 are wrong
Question 53: If you invest 100,000 VND at present with an interest rate of 12%/year, how much money will you have at the end of the year?
a. 90,909 VND b.
112,000 VND c. 100,000
VND d. None of the
Question 54: Knowing the discount rate of 15%/year, the discount period of 4 years, the discount factor of 1 amount is:
a. Greater than 1
b. Less than 1
c. Equal to 1
d. All three are wrong
Question 55: A bank offers an interest rate of 12%/year (monthly compounded) for a savings deposit.
If you deposit 1 million VND today, 3 years from now you will receive close to: a. 1.6 million VND b. 1 million
VND c. 0.9 million
VND d. 1.43
millionVND
Question 56: Present value is defined as:

a. Future cash flows discounted to the present b. Inverse of future cash
flows c. Current cash flows are compounded into the
future d. None of the sentences are correct
Question 57: Mr. Thanh saves VND 100 million for a period of 3 years with an interest rate of 8%/year by compounding method. The amount at
the end of year 3 Mr. Thanh can receive is approximately:
a. 180 million.
dd b. 240 million.
e c. 110 million.
e d. 125.97 million. D
Question 58: If the discount rate is 15%, what is the approximate discount factor for an amount in 2 years?
how much?
a. 0.7561 b.
0.8697 c.
1.3225 d.
0.6583
Question 59: The discount factor for an amount in 2 years with a discount rate of 10% is roughly equal to:
a. 0.826 b.
1,000 c.
0.909 d.
0.814
Question 60: What is the approximate present value of the deposit if after one year receiving 115,000 VND knowing the
interest rate is 10%/year? a.
121,000VND b.
100,500VND c.
110,000VND d.
104,545VND
Question 61: If the one-year discount factor is 0.8333, what is the discount rate per year?
a. 10% b.
20% c.
30% d.
Question 62: A person saves VND 100 million for a period of 5 years with an interest rate of 4%/year according to the method of calculating
compound interest. The amount at the end of year 5 the person can receive is approximately:
a. 121.67 million b.
180 million c.
120 million d.
145 million VND
Question 63: The present value of 1,000 VND in 5 years at a market interest rate of 13%/year is:
a. 884.96VND b.
542.76VND c. tìm PV
1,000 VND d.
1,842.44 VND
T=0 T=1 T=2
- 200,000 575,000 won 661,250
a. 800,000 b.
961,250 c.
200,000 d.
Question 65: If the present value of cash flows X is $200, and the present value of cash flows Y is $150, the present value
of the combined cash flows (X+Y) is: a. 200$ b.
$50 c. -
$50 d.
350$
Question 66: Why is money valuable over time? a. The

presence of an inflation factor has reduced the purchasing power of money over time b. The desire to
consume now exceeds the desire to consume in the future c. The future always involves an
uncertain concept
d. All of the above are true

Question 67: Simple interest
a. The interest of this period is added to the principal to calculate the interest for the next period b. The
interest of this period is not added to the principal to calculate the interest for the next period c. Interest is calculated
only at the beginning of the period
d. Interest only at the end of the period
Question 68: Which of the following is a challenge when estimating cash

flows? a. Asset
replacement b. Cash flow uncertainty c. None
of the sentences are correct
d. Both a and b are correct
Question 69: A person has an amount of 5,000,000. If this person deposits in a bank with an interest rate of 8%/year
and a term of 5 years, approximately how much will he receive after 5 years? Calculate interest using compound
interest method. a.
3,403,000 b.
7,364,500 c.
7,000,000 d. 7,346.640
Question 70: A student has an amount of 8,000,000 and he deposited it in the bank after 2 years, he received
9,331,200 (9159200). So how much interest does the bank pay this student per year? a. 7% b. 10% c. 8% d. All is
incorrect
Question 71: Future value is defined as:

a. Future cash flows discounted to the present b. Inverse
of future cash flows c. Current cash flows
are compounded into the future d. None of the
Question 72: If the discount rate is 15%, what is the discount factor for an amount in 2 years (approximately)?
how much?
a. 0.7561
b. 0.8697 c.
1.3225 d.
0.6583
Question 73: The discount factor for an amount in 2 years with a discount rate of 10% (approximately) is:
a. 0.826
b. 1,000
c. 0.909
d. 0.814
Question 74: What is the present value of the deposit if after two years receiving 121,000 VND knowing the interest
rate is 10%/year?
a. 121,000VND b.
100,500VND c.
100,000VND d.
104,545VND
Question 75: If the one-year discount factor is 0.625, what is the discount rate per year?
a. 20%
b. 26%
c. 60%
d. Neither statement is correct

Question 76: The present value of 1,000 VND in 5 years at a market interest rate of 10% is:
a. 884.96VND b.
1,000 VND c.
1610.51
1,842.44 VND d.
Neither statement is correct
Question 77: If the present value of cash flows X is $300, and the present value of cash flows Y is $150, the present value of the
combined cash flows (X+Y) is: a . 200$ b. 150$ c.
$50 d. 450$
Question 78: Mr. Minh saved VND 200 million for a period of 5 years with an interest rate of 8%/year by the method of calculating
compound interest. The amount at the end of year 5 Mr. Minh can receive (approximately) is:
a. 280 million
b. 293.86 million
c. 240 million
d. 110 million
T=0 T=1
- 500,000 560,000
a. 60 b.
0 c. -
60 d. 160
Question 80: If you invest 100,000 VND at the moment with an interest rate of 10%/year, how much money will you have at the end of
year 1? a. 90,900 VND b.
110,000 VND c.
100,000 VND d. None
of the statements are
correct Question 81: Indicate
the coefficient used to calculate the future value of a steady cash flow:
a. The coefficient of the future value of a steady stream of
cash b. Present value of a steady stream of cash c. Both
of the above statements are
correct d. Both of the above two sentences
are incorrect Question 82: HD Company borrows 1000 million VND and must repay it within 5 years, each year the payment amount
(capital + interest) is equal at an interest rate of 8% on the remaining balance. and paid at the end of each year. Calculate the total
amount the business has to pay each
year? a. 250,456 million VND
for inspection
b. 400 million
c. 80 million d. 200 million VND
Question 83: A person deposits $1000 in a bank with an interest rate of 8%/year. After 1 year that person will receive the whole root
and profit is:
a. 900$
b. 1000$
c. 1080$
d. 1500$
CHAPTER III - MANAGEMENT OF FIXED CAPITAL OF THE COMPANY

Question 84: How much net revenue can be generated for 1 dollar of fixed capital on average, this is:
a. Efficiency of capital use
b. Equity performance c.
Profitability before interest tax d. None of the
sentences are correct Question
85: Intangible fixed assets include: a. House b.
Machinery c.
Trademark d.
Equipment
Question 86:
The historical cost of fixed assets includes:
a. Purchase price
b. Transportation costs, installation and commissioning

costs c. Other expenses if any d.
All of the above factors
Question 87: What causes determine the level of wear and tear, the intensity of the wear and tear of fixed assets?
a. Due to the time factor, the intensity of use b.
Level of compliance with regulations, use and maintenance of fixed
assets c. Environment and quality of fixed assets during
manufacture d. All of the above factors
Question 88: Methods of uniform depreciation, average depreciation, and mixed depreciation. Here are the three allowed
depreciation methods: a. Right b. Wrong
c. Only 2 of 3 methods of calculating depreciation

Question 89: How to calculate depreciation according to the decreasing balance and how to calculate depreciation according
to the total number of years of use. What method of depreciation is
this? a. Uniform depreciation method b.
Mixed depreciation method c. Accelerated
depreciation method d. All are wrong
Question 90:
Depreciation of fixed assets is the wear and tear of:
a. Material of fixed assets
b. Use value of fixed assets c. Value
of fixed assets d. Both a,
b, c Question
91: Fixed capital of the enterprise: a. It has a
decisive meaning to the production and business capacity of
enterprises b. Usually associated with long-term investment
activities c. Both of the above
statements are correct d.
Both of the above are wrong Question 92: The efficiency of using fixed capital is a reflection indicator:
a. How much revenue (DTT) can be generated by 1 VND of average fixed capital in the period b. How much
revenue can 1 dollar of fixed capital in the period generate c. Both a & b are
false d. Both a & b are
correct Question 93: Phu
Thai textile company buys 1 fixed asset with the original price of 240 million dong. Technical life of fixed assets is 12 years,
economic life is 10 years. Calculate the company's average annual depreciation? a. 20 million dong b. 24
million dong c. 44
million dong d. 32
million VND
Question 94: Which depreciation method recovers most capital fastest?

a. Average depreciation. b.
Depreciation on decreasing balance. c.
Combination method a and b d. No
method
Question 95: Historical cost of fixed assets

includes: a. Interest on investment loans for fixed assets after the fixed assets are
put into operation b. Interest on loans to invest in fixed assets before the fixed assets are put
into operation c. Interest on investment loans for fixed assets both before and after the fixed assets are put
into operation d. None of the
statements is true Question 96: Characteristics
a. of fixed capital: Involved in many production cycles Partially
b. rotated in production cycles Both a and b are correct Both a and b
c. are false Question 97:
d. Conditions for an
asset to be considered a fixed asset a. Has a useful life of more
than one year b. A specified value is reached c.
Participate in multiple business cycles d. All the above
conditions Question 98: The most important part
of the labor materials used in the
production and business processes of
DN is:
a. Machines and equipment
b. Factory c. Means
of transport d. Fixed assets
Question 99: A company has a historical cost of fixed assets of 2000 million, the average useful life is 10 years, of which 500
million has not been put into use. The historical cost of fixed assets to be depreciated in the period is:
a. 2000 million
b. 1500 million
c. 2500 million d.
3000 million
Question 100: If the enterprise deducts the full amount of depreciation of the fixed asset and continues to use it for production and
business, can the enterprise continue to depreciate it?
a. Have
b. No
c. Possible
d. Maybe not Question
101: To conduct production and business activities, enterprises must have the following factors:
a. Labor power, labor materials b. Subjects
of work, labor power c. Labor power, labor
materials, labor counterpart d. Labor materials, labor objects
Question 102: Basic causes of invisible wear and
tear: repair MULTIPLE time and intensity of use Advancement of science and
a. technology Observance of technical
b. regulations in use &
c. maintenance All 3 points above Question 103: Principle of depreciation of fixed
d. assets: Must
match the level of depreciation of fixed assets
a. Ensure full recovery of initial investment value
b.
c. Both a & b
Question 104: Classify fixed assets according to which criteria: a.
Expression pattern b.
Purpose of use c. Economic
use and use situation d. All a, b, c are correct Question
105: Depreciation method in
which the annual rate and depreciation rate (calculated evenly over time) do not change over the useful life of the fixed asset:
Uniform depreciation method Depreciation method
a. linear
b.
c. Both a & b are

d. correct Both a &
b are false Question 106: An appliance has a historical cost of $200,000 today and a residual value of $50,000
at the end of year 5. If the linear depreciation method is used , what is the residual value of the equipment at
the end of
year 2? a.
$200,000 b. $120,000 in re-
establishment.
$170,000 d.
$140,000 Question 107: Outsourced fixed assets
include: a. Lease
to operate b. Hiring
activities c. Finance lease
d. All right
Question 108: Enterprise X uses equity to buy 1 fixed asset with the actual purchase price of 30 million (excluding
deductible VAT), the cost of transportation, loading, unloading, installation and trial run shall be borne by the buyer. Original
cost
of this fixed asset: a.
Less than 30 million
b. Equal to 30 million c.
Greater than 30
million d. All are wrong Question 109: During use, fixed assets are:
a. Visible wear and tear
b. Invisible wear and
tear c. Both types of wear on
d. No wear and tear
CHAPTER IV: WORKING CAPITAL MANAGEMENT

Question 110: An important part of the enterprise's cash capital:
a. Cash on hand and bank deposits b. Bonds,
stocks c. Short-term
liabilities d. All is incorrect
Question 111: Tell me total revenue = 2000, net sales = 1500, working capital = 100. How much is the working
capital turnover?
a. 20
b. 15
c. 35
d. 5
Question 112: According to the statistics, the average amount of fund withdrawal each day of the
year of Hitech company is 12,000,000 VND, the estimated number of days of reserve fund is 6 days. What
is the minimum
amount of funds
required for
Hitech Company?
a. 20 million dong
b. 2 million dong c. 72 million dong d. 12 million VND Question 113 (omitted): The average
collection period is determined by dividing ............
by ........... a. Receivables; average daily turnover b.
Average daily turnover, accounts payable, c.
Accounts payable, profit after tax d. Profit after tax, payables
Question 114: APEC Refrigeration Company sells goods under the "2/10/net 30" credit policy. How much
does the company's credit cost? (Assume 1 year has 360 days)
a. 50% b.
20% c.
36.7% d.
ten%
Question 115: An Tin company has an average collection period of 20 days. Calculate the accounts receivable turnover,
assuming 1 year has 360 days? a.
18 rounds b.
0.05 rounds c.
20 rounds d.
16 rounds
Question 116: Thinh Hung company has net sales revenue of VND 350 million, gross profit from selling goods and providing
services, insurance & service income = VND 100 million, average inventory of VND 50 million, interest on loans is 10 million
VND. Calculate inventory
turnover? a.
5 rounds b.
3 rounds c.
6 rounds d. 4.16 rounds
Question 117: Dream company has Net Revenue (DTT) = 500 million VND, the average balance of receivables KPT = 200
million VND, loan interest R = 10 million VND. Calculate the accounts receivable turnover?
a. 2.5 days after the round is not a day? b. 2.63 days c. 50
days d. 2 days
Question 118: Hanco company sells goods with the credit term “3/10 net 30”. Expected sales next year is 2 billion. The
collection department estimates that 20% of customers will pay on the 10th day and enjoy the discount, and the remaining
80% will pay on the 30th. Assume a year has 360 days. Calculate the company's average collection period? a. 26 days b. 25
days c. 23 days d. 27 days
Question 119: Thao Phuong Company sells goods under the credit policy "4/20 net 50". How much does the company's trade
credit cost? (correct the answer to 10%, …,50%) a. 0.1% b. 0.7% c. 0.8% d. 50%
Question 120: Which of the following is not a liquid asset? a. Accounts

Receivable b. Inventory c.
Salary d. All the
above sentences
are current assets Question 121: Show total sales =
3000, net sales = 2000, working capital = 100. What is the working capital turnover? a. 30 b. 20 c. 50 d. ten
Question 122: Bach Dang shipbuilding company has to use steel plates with a demand of 1000 plates/year. Ordering cost for
each time 100,000 VND/order. The cost of stocking goods is 5,000 VND/plate (year). Determine the optimal purchase quantity
per order? a. 100 sheets b. 200 sheets c. 300
plates d. None
of the results
are correct
Question 123: Hoang Cuong Computer Company plans to sell 3000 computers at the price of 5 million VND/unit in the next
year. Assume that all goods are sold on credit with a credit policy of “2/10, net 30”. It is expected that 15% of customers will pay
within 10 days and receive a discount, the remaining 85% of customers will pay within 30 days. Calculate the average collection
period of Hoang Cuong computer company? Assume 1 year has 365 days a. 30 days b. 10 days c. 27 days d. 40 days
Question 124: From the perspective of ownership, the business capital of an enterprise is formed from: a. Equity capital b.
Accounts payable c. Both
a & b d. None of the sentences
are correct
Question 125: Given inventory = 4000, cost of goods sold = 6000, calculate the inventory turnover?
a. 2
b. 0.6 c.
1.5 d. 3
Question 126: The following information is available in

January: - Accounts receivable balance at the beginning
of the period : $80 million - January sales : $200 million
- Proceeds in January: $190 million Calculate the
balance at the end of the month 1 of the accounts receivable?
a. $90 million b.
$190 million c.
$70 million d.
$80 million
Question 127: Tien Phong Plastic Joint Stock Company has to spend a cash amount of VND 3600 million each year.
The cost of each sale of highly liquid securities is 0.5 million dong, short-term securities interest rate is 10%/year. Find the
optimal cash reserve (M* )?
a. M* = 189.7 million
b. M* = 189.7 200 million M*
c. = 189.7 720 million d. M*
= 189.7 500 million Question
128: Characteristics of working capital: a.
Involved in multiple product production cycles b. Is rotated
gradually in production cycles c. Both a & b d. None of the sentences
are correct
Question 129: Let total revenue = 2200; net revenue = 2000; working capital = 1000, working capital turnover is equal to: a. 2.2
b. 2 C. 4.2 d. 3
Question 130: If K is the working capital turnover period and L is the number of rotations, then: a.
The larger L the better b. L is
as small as possible c. The
larger K the better d. The
smaller K the better
e. Both a & d
Question 131: Tell cost of goods sold = 2160, number of days in inventory turnover = 50 days, number of days in period = 360
days. How much is inventory?
a. 300
b. 8.33 c.
200 d.
100 e.
Question 132: Contents of the total cost of products and services consumed include: a.
Production cost of products and services consumed b. Selling
expenses c. Enterprise
administration expenses d. Both a, b, c
Question 133: Hai Phong textile company has to use wool with a demand of 1000 rolls/year. Ordering cost for each time
100,000 VND/order. The cost of stocking goods is 5,000 VND/roll (year). Determine the desired order quantity of the Company?
a. 4 (order times/year) b. 20 (orders/year) c. 5 (order
times/year) d. 10 (orders/year)
Question 134: Given quick ratio Htt = 3, short-term debt = 4000, inventory = 500, calculate working assets and short-term
investment?
a. 12500 b.
11500 c.
4500 d.
13500
Question 135: Which of the following is not included in the cost of holding inventory? a. Cost of
inventory insurance b. Opportunity cost of
inventory investment c. Cost of purchasing inventory d.
Warehouse rental cost Question 136
(where and how to get
this article?): Hoang Cuong Computer Company plans to sell 1460 computers for 5 million VND/unit in the next year. Assume
that all goods are sold on credit with a credit policy of “2/10, net 30”. It is expected that 15% of customers will pay within 10
days and receive a discount, the remaining 85% of customers will pay within 30 days. Calculate the receivables (KPT) of
Hoang Cuong computer company? a. KPT = 540 million VND b. KPT = 730 million VND c. KPT = 243 million VND d. KPT =
200 million VND
Question 137: There are several ways to calculate working capital requirement:
a. 1
b. 2
C. 3
d. 4
Question 138: Tell me gross profit from operating activities = 500, cost of goods sold = 1500, receivable turnover = 10. How
much are receivables?
a. 100 b.
3.3 c.
200 d.
300
Question 139: Working capital is divided into equity and liabilities:
a. According to the role of each type of working capital in the production and business process b.
According to the form of expression c.
According to the concept of ownership of
capital d. According to the source of formation
Question 140: Let's say inventory = 500, number of days in period = 360 days, number of days of inventory turnover = 25
days. What is the cost of goods sold?
a. 18
b. 187500
c. 125
d. 7200
Question 141: Firms need to hold zero cash when: a.
Transaction demand is greater than cash inflow b.
Transaction demand is less than cash inflow c. The
transaction demand does not match the cash inflow d. The
transaction demand has completely matched the cash inflow
Question 142: Show the gross profit from sales and service provision = 2000, cost of goods sold = 10000, accounts
receivable = 600. Calculate receivables turnover?
a. 13
b. 20
c. 30
d. 0.05
Question 143: Hai Au paper manufacturing company needs to use 1600 tons of pulp/year, the cost of each order is 1
million VND, the cost of storing goods is 0.5 million VND. Calculate the optimal amount of pulp per supply? (must
have answer equal to 60) a. 20 units b. 32
units c. 70
units d. 80
units Question
144: Inventory
Turnover Depends: Cost of Goods Sold Average
a. Inventory Revenue
b. Both a & b
c.
d.
Question 145: The enterprise needs working capital in the following stages:
a. Reserve stage
b. Production stage
c. Circulation section
d. All 3 stitches above
Question 146: Given net sales = 3000, gross profit = 1000, inventory = 200, how much is inventory turnover?
a. 15
b. 20
c. 10
d. 0.1
Question 147: Trading company has an average collection period of 40 days. The company's investment in receivables
averaged $12 million. What is the company's annual credit sales? Assume a year is 360 days. a. $40 million b. 12
million
dollars c. $108
million d. $144
million Question
148: The faster
the working capital turnover, the: a. The longer the working
capital cycle, the longer the working capital is not used effectively b. The shorter the working capital
cycle, the more effectively working capital is used c. The longer the working capital cycle and the more efficient
use of working capital d. Both a & b are wrong Question 149: Let inventory turnover =
2 turns; inventory = 2000,
calculate cost of goods sold?
a. 1000
b. 3000
c. 4000
d. 5000
Question 150: Hai Au paper manufacturing company needs to use 1600 tons of pulp/year, the cost of each order is 1
million VND, the cost of storing goods is 0.5 million VND. Calculate the number of orders for the year? (same as
verse 143)
a. 20 times
b. 16 times
c. 30 times
d. 10 times
Question 151: The enterprise's inventory is: a. Assets
that enterprises keep for future production or sale b. Assets that enterprises
no longer use, pending handling c. Both a and b are true d. Both
a & b are wrong
Question 152: Let's say inventory = 1000, cost of goods sold = 9000, number of days in period = 360 days. Calculate the
number of days an inventory turnover?
b. 50 c.
30 d.
40 e.
27.78
Question 153: Suppose that the reporting year and the plan year of Ben Tre company both reach the total capital turnover M = 540
million VND. It is expected that in the plan year, the Company will increase the number of capital turnover by 1 round (L = 5 + 1 = 6).
Calculate the amount of working capital in absolute savings (VLDtktd)? a.
VLDtktd = -18 million dong b.
VLDtktd = 20 million dong
c. VLDtktd = 90 million
dong d. VLDtktd = - 90 million VND
CHAPTER V: COST, REVENUE AND PROFIT Question 154: Expenses for liquidation
and sale of fixed assets belong to: a. Financial expenses b. Selling
expenses c. Enterprise
administration expenses
d. Other expenses Question 155: Which
item is classified as
financial income:
a. Dividends and profits distributed b.
Bank deposit interest c. Capital
transfer profit difference d. Both the a, b, c are
correct
Question 156: Which of the following items belongs to other expenses of the enterprise
a. Expenses for liquidation and sale of fixed assets b.
Fines for breach of economic contracts c. Cost of
capital contribution to joint ventures d. Only a
and b are correct
Question 158: The cost of capital contribution to joint ventures
and associates belongs
to: a. Selling expenses b. Enterprise
administration expenses
c. Financial costs d. All
a, b, c are wrong Question 159: Land rent is
classified into: a. Business administration
expenses b. Selling
expenses c. Financial
costs d. None of the sentences are correct
Question 160: Given Net revenue = 6,000, total business capital T = 9,000, profit before CIT = 1,250, CIT rate = 28%,
calculate the profit after tax of total business capital?
a. 8% b.
10% c.
20% d.
Question 161: When calculating the rate of return on total capital, people are
a. based on: Profit before tax and interest
b. Profit before tax Profit
c. after tax d. Not the
above Sentence 162: Given profit
after tax = 360, loan = 400, interest rate = 10%/total loan, income tax rate 28%, calculate EBIT?
a. EBIT = 590 b.
EBIT = 540 c. EBIT
= 460 d. EBIT =
900
Question 163: Which cost is a fixed cost: add 1 answer a.
Depreciation of fixed assets b.
Cost of salaries paid to administrative staff and expenses for renting properties and offices c. Both a & b
Question 164: Given Gross profit from sales and service provision = 400, Total revenue = 3000, Net revenue = 2500, what is
the cost of goods sold?
a. 2100 b.
2600 c.
5100 d.
Question 165: Contents of the total cost of products and services consumed include:
a. Production cost of products and services consumed
b. Selling expenses
c. Enterprise Cost Management
d. Both a, b, c
Question 166: Let EBIT = 120, equity (C) = 600, debt capital (V) = 200. Calculate the ratio of profit before tax and interest on
total capital
a. 10% b.
15% c.
20% d.
6%
Question 167: Variable costs include: an additional 1 DA, not a fixed cost a. Cost
of raw materials, direct labor costs b. Cost of sales commissions,
service charges provided
c. Both a and b
Question 168: Given total revenue = 15,000, net revenue = 12,000, gross profit from operating activities = 2,000, what is the
cost of goods sold? Turn business activities into sales activities
a. 1,000
b. 13,000
c. 10,000
d. 20,000 won
Question 168: The profit used to divide the company's shareholders is:
a. Profit before tax
b. Profit before tax and interest
c. Profit after tax
d. All three sentences above are incorrect
Question 169: Tell me the ratio of profit after tax on sales = 2%; total capital turnover = 2, debt ratio Hv = 0.5. Calculate the
net profit after equity tax:
a. 10% b.
8% c.
2% d.
6%
Question 170: For Net Sales = 10,000, COGS = 8,000, profit before tax is 1,600, interest is R = 200, what is EBIT?
(should correct some numbers in the DA or subject to deceive)
a. 2,200 b.
3,000 c.
1,800 d.
1,000 yen
Question 171: Mekong Joint Stock Company has a turnover of 300 million VND in the year, the total cost of goods
sold is 288 million VND. Calculate the cost profit ratio (TL,Z) of Mekong Joint Stock Company? a. TL,Z = 96% b.
TL,Z = 4.16%
c. TL,Z = 41%
d. TL,Z = 30%
Question 172:
Which of the
following is the smallest: a. Gross profit from
business activities b. Profit before
corporate income tax c. Profit after corporate income
tax d. The above criteria are equivalent Question
173: EBIT is: The indicator reflects the profit
before tax payment
a. and loan interest payment The indicator reflects the revenue before
b. tax payment has paid interest The indicator reflects the profit after
c. paying taxes and paying interest on loans The indicator reflects
d. total assets after deducting liabilities
Question 174: Which of the following is a fixed financial cost?
a. Common stock dividends
b. Dividends of dividend preference
shares c.
Loan interest
d. Both b and c Question 175: Return on
asset a. Reflects a dollar value of assets that the enterprise mobilizes in production and business to generate
a profit before tax and interest
b. Is the ratio between profit before tax and interest on average value of assets c.
Both a and b are correct
Question 176: Say EBIT = 42, equity (C) = 120, debt capital (V) = 300. Calculate the rate of return on total capital:
a.
35% b.
14% c.
20% d.
ten%
Question 177: Let EBIT = 440; corporate income tax rate t = 28%; Loan interest R = 40, profit after corporate
income tax is how much?
a. 112
b. 288
c. 480
d. 134.4
Question 178: What items does extraordinary revenue include: a.
Revenue from liquidation and sale of fixed
assets b. Value of surplus materials and assets
in production c. Bad debts collected, debts without
owners d. Reversal of provision for devaluation of
inventory e. All 4 ideas above
Question 179: An enterprise has a net revenue of 200 million dong in the year, the total cost of goods sold is 186
million dong. Calculate the approximate cost-return ratio?
a. 7.0%
b. 7.9%
c. 8.0%
d. 7.62%
Question 180: The cost of the enterprise includes:
a. Production costs of
enterprises b. Transportation costs
of enterprises c. Expenses for other
activities d. Both a , b , c.
Question 181: Let EBIT = 60, equity (C) = 300, debt capital (V) = 100. Calculate the ratio of profit before tax and interest on
total capital
a. 10% b.
15% c.
20% d.
6%
Question 182: Which of the following factors does not depend on output:
a. VC b.
FC
c. MC instead of direct material cost, others should use the full word
d. CHILDREN
Question 183: Given that EBIT = 200 million, Total capital T = 1000 million, the rate of return on total capital is:
a. 5%
b. 15%
c. 20%
d. 50%
Question 184 (omitted): Which items are included in financial income:
a. Profits from joint ventures and associations; loan interest; foreign currency transfer; securities trading
b. Lease of property operations; financial reserve refund
c. Revenue from liquidation and sale of fixed assets; doubtful debts
d. Both a & b
Question 185: Given Net Sales = 10,000, COGS = 8,000, profit before tax is 1,400, interest is R = 400, what is EBIT? a.
2,200 b. 1,800 c. 1,900 d. 1,000 yen
Question 186: The cost of production and business

a. of the enterprise includes: Cost of
b. production & consumption of products
c. Fixed costs and
variable costs All the above sentences Question 187: For Total revenue = 10,000; Net sales = 900; Cost of goods sold =
600, what is the
gross
profit? a.
300 b. 400
c. 13,000 d. 1,600
Question 188: Which of the following criteria is the
smallest: a. Gross profit from business
activities b.
Gross profit c.
Net profit d. The above criteria are equivalent
Question 189: Tell profit before tax (PBT) = 100, corporate income tax rate (t) = 28%, net revenue = 2000, working capital
= 120. to 1200. What is the after-tax profit margin of business capital? a. 8.3% b. 17.5% c. 6% d. 9%
Question 190: Factors affecting product sales revenue:

a. Volume of products consumed & product quality b. Structure of

goods, products and services, prices of consumed goods and services c. Consumption market, mode of
consumption, payment for goods d. Both a, b, c
Question 191: Let Total revenue = 20,000; Net sales = 18,000; Cost of goods sold = 12,000, how much is gross
profit? correct some mistakes to fool
a. 7,000
b. 6,000
c. 8,000
d. 26,000
Question 192: Retained income
is: a. The amount of cash that the business retains b.
The difference between the profit after tax income generated and the dividend paid
c. Difference between market value and book value of shares d. Directly
allocated share capital value exceeds par value
Question 193: The enterprise has sales of products in the year of 500,000,000 VND, profit is 50,000,000 VND. Profit
margin of sales is: Too easy
a. 15%
b. 5% 10%
c. d.
20%
Question 194: Which item is classified as other income of the enterprise: a. Income
from sale and liquidation of assets b. Collection of
fines due to customer breach of contract c. Collection of bad
debts that have been written off d. All items above
Question 195: Thanh Dat
enterprise has a profit from product sales of VND 12 million, average working capital of VND 70 million, historical
cost of fixed assets VND 180 million, No. Depreciation of fixed assets is 50 million VND. What is the average rate
of return on working capital (TL,V)? a. TL,V =
6% b. TL,V =
17.14% c. TL,V = 4%
d. TL,V = 3.6%
Question 196:
Payment discount is enjoyed for purchasing goods and services belonging to:
a. Other income of the enterprise b.
Financial income c. Both a and b are
correct d. A and B are
wrong
CHAPTER VI: LONG-TERM INVESTMENT DECISION OF THE COMPANY Question 197: One will not
affect the ________ is a project where, when making the decision to reject or accept the project,
decision to accept or reject any other project. a. Project is likely to be accepted b. Independent investment
project c. mutually exclusive projects d. The
project has high economic
efficiency
Question 198: If the net present value of project A's NPV is $80 and that of project B is $60, then the net present
value of the combined project will
be: a.
+80$ b.
+140$ c.
+60$ d. None of the sentences are correct
Question 199: IRR is defined as:

a. The discount rate at which the project's NPV is zero b. The

difference between the cost of capital and the present value of cash flows c. Discount
rate used in NPV method d. Discount Rate Used in DPP Discounted
Payback Time Method Question 200: Company A is considering investing in a new project. This project will
require an initial investment of $120,000 and will establish an annual cash flow of $60,000 (after taxes) over 3 years.
Calculate the NPV for the project if the discount rate is 15%. a. $16,994 b. $60,000 c. $29,211 d. $25,846 Question 201:
_______ is the discount rate used when calculating the NPV of a project.
a. Cost of capital b. Risk
premium c. Average
cost of capital d. Economic Cost Question
202: The higher a
company has _______, the greater the likelihood of ________. a. Size and control b. Credit
rating, flexible funding c. Size and
profit d. Credit rating, control Question 203:
Project A and B are in
conflict, project A is selected when a. NPV(A) =
NPV(B) b. NPV(A) < NPV(B) c. 0 >NPV(A) > NPV(B) d. NPV(A) >
NPV(B) > 0
Question 204: If the enterprise has an initial investment of 100 million, each year has a net income of 50 million, implemented
in 3 years, the discount rate is 10%. So the NPV of the enterprise is: 124.3
a. million 100
b. million
c. 24.34 million
d. 34.34 million
Question 205: IRR is an indicator that

reflects: a. Internal rate of
return b. Net present value c.
Investment capital year t
d. Payback time
Question 206: Calculate breakeven time (Thv) if you know Qhv=1500 products, Qmax=3000 products.
a. 1/2 month b.
6 months c.
12 months d.
13 months
Question 207: When the enterprise has NPV = 0,
then: a. IRR = Discount rate b. IRR >
Discount rate c. IRR < Discount rate
Payback period is 0 d.
Question 208: HP company makes expansion investment with borrowed capital. On January 1, 2000, he borrowed 400
million VND from VPBank with an interest rate of 10%/year. On January 1, 2003, he borrowed 500 million VND from IBank
with an interest rate of 6%/6 months. The investment period is 3 years. Construction start date is January 1, 2000. What is
the total investment capital of the project? DDA
1032.4 a. 1241.6
b. 1270.4 c.
1094,2 d.
1200.5
Question 209: Which of the following project types will the company consider when deciding on a
capital budget? a.
Independent projects b. mutually
exclusive projects c. All the above projects
Question 230: If the present value of the established cash flow is $120,000 from an initial investment of $100,000.
What is the project's NPV? a.
$120,000 b.
$20,000 c.
$100,000 d.
Question 231: The check after the investment phase is conducted:

a. Before starting the project b.
Before allowing the project to go into operation c. Quickly
after the project goes into operation d. A period of time
after the project completes its economic life and is liquidated.
Question 232: Only projects._______ are projects where only one of those projects is accepted
a.
mutually exclusive b.
Independence
c. None of the sentences are correct
Question 233. ABC Company is considering investing in a new project. This project will require an initial investment of
$1,200,000 and will establish an annual cash flow of $600,000 (after taxes) over 3 years. Calculate the IRR for the project.
a. 14.5% b.
23.4% c.
18.6% d.
20.2%
Question
234: Long-term investment of enterprises
includes: a. Investment in
fixed assets b. Investment in joint
venture and association c. Invest in other financial assets: bonds, stocks
d. All 3 ideas above
Question 235: You are given the responsibility to make a decision about a project X, this project consists of 3 combined
projects namely projects A, B and C with the corresponding NPV of the 3 projects of +50$,- $20 and +100$. How should you
make a decision about accepting or rejecting the project? a. Accept the
hybrid project when it has a positive NPV b. Remove this hybrid
project c. Split the hybrid project into
component projects, accept only projects A and C, and discard the project
project B d. Neither statement

is correct Question 236: ________ is the discount rate used when calculating the NPV of a project. a.
Cost of capital b. Risk
premium c. Economic
cost part d. Average cost of
capital Question 237: A company is
considering the following mutually exclusive investment projects: Project A requires an initial investment of $500 and will
generate cash flows of 120 $ per year for the next 7 years. Project B requires an initial investment of $5,000 and will
generate cash flows of $1,350 per year for the next 5 years. The investor's required rate of return is 10%. What is the project
with the highest NPV?
a. $340.00 b.
$1,750.00
c. $84.21 d.
117.56$
Question 238: Which of the following investment project appraisal criteria do not use the time value of money principle? a.
The payback period
standard does not take into account the time value of money b. Standard internal rate of return
(IRR) c. Net present value (NPV) standard d. All of the
above uses the principle of time value of money
Question 239: What is the internal rate of return of a project with an initial investment cost of $125
and cash flow of 15? $ per year until forever. a. 8.3% b. 10% c. 15% d. twelfth%
Question 240: Projects with profitability index > 1 and independent of each other
are: a. Accept all projects b. Drop all
projects c. Accept the
project with the highest profitability index d. Accept the
project with the smallest profitability index
Question 241. You are asked to evaluate an investment project with the following cash flows: -792$, 1,780$, -
1,000$. Calculating IRR for this project: Missing time?
a. 11.11% b.
11.11% and 13.64% c.
13.64% d.
12.38%
Question 242 (omit): Which of the following is correct?
a. Nominal cash flows discounted by the nominal discount rate b. Nominal cash flow discounted
by the real discount rate c. Real cash flows discounted by the nominal discount rate d.
Question 243: When the enterprise considers many projects and selects the project with NPV > 0 and NPVmax, it is: a.
Independent projects b. Conflicting
projects c. mutually exclusive projects
d. Both b & c are correct
Question 244: NPV depends on which of the following factors:

a. Net revenues at time t of the project
b. Discount rate
c. Number of years of operation of the project
d. Both a, b, c
Question 245: PP payback period standard accepts all projects with payback period:
a. Greater than the project's standard payback b. Less than
the project's standard payback period
c. Greater than 0
d. Is an integer Question
246 (remove): Capital expenditure requires an ________ initially called net investment.
a. Cash inflow b.
Cash outflow c.
Opportunity fee
d. Capital budgeting
Question 247: Which accounting operation reduces both the reported income and the tax payable of the company?
a. Net operating cash flow b. Book
value c. Depreciation
d. Liquidation value
Question 248: You are provided with the following information for 1 year: revenue = 120, total fixed costs = 30,
total variable costs = 50, depreciation = 10, tax rate = 30%. Calculate the project's after-tax cash flows for year
1: a. 31$
b. 30$
c. $21
d. None
Question 249. A project has an initial investment of $210 and is capable of generating constant cash flow every
year until forever. The cash flow next year is $10.50 and the cash flow will grow at a steady rate of 5% per year.
What is the internal rate of return for this project? check?
a. 5.0%
b. 12%
c. 10.0%
d. 0.0%
Question 250: Which of the following is not a source of long-term capital for business activities?
a. Bonds b.
Accounts Receivable c.
retained earnings d.
Preference shares
Question 2515: NPV is an indicator that
reflects a. Internal rate of
return b. Net present value
c. Investment capital
year t d. Payback period
Question 252: An investment project generates cash flows of -300$, 200$, 125$ per year starting at 0.
Calculate the project's NPV if the market interest rate is 15%/
year. a. -
$31.57 b.
- $25 c.
$25 d. - 31$
CHAPTER VII: CREATING CAPITAL THROUGH FINANCIAL MARKET
Question 253: Advantages of leasing assets under the finance lease

a. method: Helps businesses quickly implement investment
b. projects Mobilize and use loans more easily c.
As a financial tool to help enterprises have more medium and long-term capital to expand business activities
d. All 3 ideas above
Question 254: Which type of securities has the highest risk for the issuer?
a. Preferential
shares b.
Common CP c.
Bonds Question 255: What type of company has the right to issue securities?
a. Partnership b. Ltd. c.
Private enterprise d.
Joint Stock Company
Question 256: If the
payments in the lease contract are able to offset the investment cost of the asset, then this lease is also known as
amortization and is likely to be the most common type of lease. : a. Activity hire b. Lease to operate c.
Finance lease d.
None of the
sentences are
correct
Question 257: In a financial leasing contract of all kinds of assets, which party is responsible for the depreciation of the assets?
product
a. Lessor
b. The lessee
c. Both sides
Question 258: Shareholders usually receive dividends during the year when the business has business results
of year:
a. Profitable
b. Loss c.
Break even d.
All 3 cases above
Question 259: Which of the following is not a primary function of financial intermediaries? a. Provide a payment
mechanism b. Raise capital from small
investors c. Investing in real assets d. Spread of
risk among individual investors
Question 260 (unmatch 256): If the lease payments are
able to offset the investment cost of the asset, then the lease is still allowed. is called a full amortization and is likely to be of
the type:
a. Activity hire b. Sale

and leaseback c.
Finance lease d. None
Question 261: A type of bond of company A has the following data: maturity 2 years, surface interest rate 11%/year, interest
payment once a year, required interest rate of the market for this type of bond 10%/year, par value 10 million VND, price that
buyers accept to buy at the time of issuance: a. 10 million VND b. 12 million VND c. 9 million VND d. VND
10.17 million Question
262: Disadvantage of
raising capital by
issuing preference
shares: The yield of preferred stock is higher than the yield of bonds
a. Preferred stock yield is not deducted from taxable
b. income as a cost of use Preferred stock is greater than the cost of the bond Must pay interest on time Only
a & b Question 263: Which of the following is
c. true? a. The lessee does not have
d. to buy
machinery and equipment b. The lessee
is responsible for the performance of the lease contract c. All
of the above statements are correct d. None of the sentences are
correct Question 264: The last recipient
of interest is: a. Preferred
shareholders b. Common stockholders c.
Bondholder
Question 265: A government bond has a par value of 1,000 million and the interest rate (compound interest) is 8%/year,
compounded interest. What is the annual interest payment? a. 80
million b. 40
million c. 100
million d. None
of the statements are correct
Question 266: Which type of security has the lowest risk for the issuer? a. Preferred shares b. Common stock
c. Bonds
d. The same risk

Question 267: If the lease can give the lessee the option of canceling the lease, it is likely that this is the type of lease:
a. Activity b. Sale and leaseback c. Finance d.
None of the
Question 268: PT company has 210,000 shares outstanding, the current market price of one share of the company is
VND 120,000. The company decided to increase its charter capital by VND 7,000,000,000 by issuing new shares to
existing shareholders at an offering price of VND 100,000 per share. The number of rights required to purchase a new
share is:
a. 1
b. 2
C. 3
d. 4
Question 269: Which of the following is not true about mortgage loans for receivables?
a. Quite flexible b.
Preferred by banks to unsecured loans c. There may be an
additional service charge for this loan d. Interest rates are
usually lower Question 270:
When a business sells its property to another company and then immediately signs a lease on the same asset, this
type of lease is called: a. Activity hire b. Sale and leaseback c. Finance
Lease Question 271:
Which of the following
is not a long-term
source of business operations?
a. Bonds b.
retained earnings c.
Accounts Receivable d.
Preference shares
Question 272: In a lease agreement, the owner of the property is called: a. Mortgage
holder
b. Lessor c. Lessee
d. Tenant
CHAPTER VIII: CAPITAL STRUCTURE AND COST OF USING CAPITAL
Question 273: The firm's cost of capital is defined as the rate the company has to pay that it uses to finance new
_________ investments in assets.
a. Debt
b. Preferred shares c.
Common stock d. All
the above sentences
Question 274: Given the following
table: Structure of capital sources (%) The cost of capital
Borrowed capital Equity 0.3 0.7 Calculate Loans (after tax) Equity capital
the average cost of capital. a. ten% 8%
8.6% b. 9c. 9.4% d. 7%
Question 275: Given Q = 2,000 units, selling price P = 150,000 VND/sp, average variable cost AVC = 100,000 VND/
sp, fixed costs without interest FC' = 60,000,000 VND, interest = 15,000 000d. Calculate financial leverage
DFL?
a. 1.6
b. 0.3
c. 0.625 d.
Question 276: A company has an average equity capital of $10,000 during the year. During the same period, the
company has an after-tax income of $1600. If the cost of equity is 14%, what is the economic profit? a. + $200 b. +
1400$ c.
+ 1600$ d.
None of the
sentences
are correct
Question 277: Company A sells a fixed asset with a residual book value of $25,000 at a selling price of $10,000. If A's
corporate tax rate is 28%, what is the impact of the tax rate on the company? a. Tax savings of $4,200 b. Pay an
additional tax of
$2,000 c. Pay an additional
tax of $4,200 d. Tax Savings
$2,000 Question 278: A
company with $100 million in
short-term debt, $200 million in long-term debt, and $300 million in equity, total assets would be $600 million. Calculate
the company's debt ratio?
a. 40% b.
20% c.
50% d.
None of the sentences are
correct Question 279:
________ of a company is defined as a measure of the impact of fixed costs
a. DFL b.
DTL c.
DOL d.
None of the sentences are
correct Question 280: The degree of __________ reflect the change in profit before tax and
influence of loan interest due to the change in sales revenue (or quantity of goods sold) a.
Business leverage b.
Financial leverage c.
General leverage d.
Synthetic leverage
Question 281: Indicate which of the following is true: P = 10,

a. AVC = 5, FC = 500, Qmax = 200, thv = 6 months P = 10 AVC = 10, FC
b. = 500, Qmax
, = 200, thv = 6 months P = 10, AVC = 5 FC = 450, Qmax =
c. 200, thv = 9 months FC, = 1000, Qmax = 200, thv = 14 months P = 20,
d. company firm is defined , AVC = 10 Question 282: Cost of capital of the
as the rate a company must pay that it uses to finance new investments in assets. a. Debt b. Common stock and (or)
________ retained earnings c. Preferred shares d. All of the above
Question 283: If the debt ratio is 0.2; The debt-to-equity ratio is: a.
0.2 b.
0.8 c.
0.25 d.
Question 284: A company's DFL is calculated as a percentage change in _____ when _____ changes:
a. EBIT; EPS b.
Sales, EBIT c. EPS;
EBIT d. EBIT,
sales Question 285:
Reviewing market evidence to determine capital structure involves determining: a. The company's level of business
risk b. Solvency index c. Financial leverage d.
Combine all 3 stats at the same time
Question 286: Given Q = 3,000 products, selling price for a unit of product P = 200,000 VND/product, average variable
cost AVC = 100,000 VND/product, fixed cost FC = 180,000,000 VND, interest equal to 30,000 .000d, calculating DOL
business leverage? Da bang
2 a.
4 b. 1.1
c. 0.95 d.
0.75
Question 287: Enterprises should increase the percentage of borrowed
capital in total capital when: a. Earnings before interest and taxes (EBIT) ratio of total capital is
greater than interest rate b. Earnings before interest and taxes (EBIT) ratio of total capital is less
than interest rate c. Earnings before interest and taxes (EBIT) of total capital equals the
interest rate d. Earnings before interest and taxes (EBIT) are larger than corporate income tax
Question 288: A company has a debt ratio of 0.4, its equity is equal to 60 and its debt is equal to?
a. 100
b. 60
c. 40
d. All of the above statements are
false Question 289: Leverage works for a firm when: Output exceeds
a. breakeven output Fixed variable cost Both
b. statements are correct
c. Question 290: Given the
following table of data: Structure of
capital sources % Loans Own The cost of capital
capital 0.4 0.6 Calculate the average Loans (after tax) Equity capital
cost of capital. a. 8.8% b. 9.2% ten% 8%
c. 9.0% d. 7%
Question 291: The level of business leverage reflects a.

When the profit before tax and interest rate change by 1%, by how much % will the return on
equity change b. When sales change 1%, the return on equity will change by how much %
c. When sales or sales volume change by 1%, how much will the profit before tax and interest rate change by % d.
When sales change 1%, assets change by how much % Question 292:
Which of the following sources of capital is not equity?
a. Receiving capital contribution to
joint venture b. Issuance of
shares c. retained
earnings d. Release Stock
Question 293: Calculate DTL aggregate leverage if you know Q = 3000 products, P = 500,000 VND/product, AVC =
400,000 VND/product, FC = 120,000,000 VND: a. 0.5 b. 1.5 c.
1.67
d. No sentence correctly
Question 294: The rate of return on total capital in 2004 was 12%. The enterprise's loan interest rate is 8.5%. Based
on the above two figures, the enterprise can decide in 2005: a. Continue to borrow
capital for production b. Should not
lend more c. Can not conclude
Question 295: To determine
the magnitude of financial leverage, it is necessary to know: a. Output,
selling price of 1 unit b. Fixed cost, average
variable cost per unit of product, interest c. Both a & b
d. Variable cost, interest

Question 296: Let total equity C = 600; total working capital T = 1000, then the debt coefficient Hv is equal to: a. 0.6 b.
0.4 c.
1.6 d.
0.5
Question 297: In which case does the company finance all with equity? a. As earnings
before interest and taxes (EBIT) increase, earnings per share (EPS) increase at a rate
respective percentage b.
As EBIT increases, EPS increases by a larger percentage c. As EBIT
increases, EPS decreases d.
Neither statement is correct
Question 298: Leverage ________ reflects the proportional relationship between fixed and variable costs: a.
Chung b.
Synthetic
c. Finance d.
Business
Question 299: Given Q = 3,000 units, selling price P = 400,000 VND/unit, average variable cost AVC = 300,000 VND/
sp, fixed cost with interest FC = 200,000,000 VND, interest = 20,000,000 VND . Calculate DTL synthetic leverage?
a. 3.0
b. 2.5
c. 0.3
d. 0.6
Question 300: A firm's cost of capital is defined as:
a. The cost of the firm's sources of capital b.
Capital budget c.
Required rate of return d. Both
a and c
Question 301: If a company changes in its financial structure: a. The required
rate of return on debt does not change b. The required
rate of return on equity does not change c. The required rate of
return on assets does not change d. All of the above are true
Question 302: Calculate financial leverage DFL if you know Q = 1,000, P = 200,000 VND/product; FC = 100,000,000
VND, loan interest R = 10,000,000 VND, AVC = 50,000 VND/product:
a. 1.5
b. 1,2
c. 0.83
d. 2
Question 303: Equity ratio is:
a. Liabilities/Equity of Equity b. Equity/
Liabilities c. Equity capital/total capital
d. Long-term debt / Equity Question
304: Let the debt ratio Hv = 0.6;
liabilities = 2400. Total working capital?
a. 1440
b. 4000
c. 3000
d. 2000
Question 305: Factors affecting capital structure: a. Stability
of revenue and profit b. Technical and
economic characteristics of the industry c.
Return on capital and interest rate on mobilized
capital d. All of the above factors
Question 306: Given Q = 6,000 units, selling price P = 300,000 VND/unit, average variable cost AVC = 200,000
VND/sp, fixed costs without interest FC' = 180,000,000 VND, interest = 20,000 000d. Calculate aggregate leverage
DTL?
a. 3.75
b. 1.5
c. 0.67
d. 0.97
Question 307: The level of influence of financial leverage reflects:
a. When PBT and interest rate change by 1%, by how much % will equity profit change b.
When sales increase 1%, net profit will increase by how much %
c. When sales or sales increase by 1%, how much % will EBT and interest increase d. All of the above
sentences are incorrect Question
308: Trading company is using 200 million VND of capital formed from: 80 million loan capital with pre-tax cost of
capital of 10%, CIT rate of 28%; equity 120 million with a cost of capital of 12%. What is the average cost of
capital? a. 10.08% b. 11.2% c. 13% d. 22%
Question 309: Let Q = 3000 products; selling price of a product unit P = 100,000 VND/sp; average variable cost
AVC = 60,000 VND/product; FC = 100,000,000 VND; loan interest R = 40,000,000 VND, calculating DOL business
leverage?
a. 2
b. 0.86
c. 0.5
d. 3
Question 310: Analysis
____ can help determine the advantages of debt and equity financing:
a. DOL b.
EBIT c.
EPS d.
DFL
Question 311: The debt
ratio is: a. The quotient of liabilities to total capital b. The
quotient between equity and liabilities c. Equal to 1 minus the
equity ratio d. Answers a and c are
correct a. All is
incorrect
Question 312: Let Q = 4000 products; selling price of a product P = 200,000 VND/sp; average variable cost AVC
= 50,000 VND/sp; FC fixed costs = 350,000,000 VND; loan interest R = 150,000,000 VND, calculating DOL
business leverage? a. 2
b. 3
c. 1.5
d. 0.5
Question 313: Leverage ______ relates to the relationship between sales and earnings per share: a.
Business
b. Synthetic
c. Finance d.
General
Question 314: Given the following
table: Structure of capital The cost of capital
sources % Loans Own capital 0.4 0.6 Loans (after tax) Equity capital
Calculate the average cost of capital. 9% twelfth%
a. 10.8% b. 10.2% c. 10% d. 7%
Verse 315: In ________ a. Short All costs are subject to change.

term b. Long
term c.
Variable operating cost index d. Sales change
Question 316: Given Q = 4,000 units, the selling price of a product unit is P = 400,000 VND/product, average variable cost AVC
= 250,000 VND/sp, fixed cost FC = 350,000,000 VND, interest is 50,000 .000d, calculating DOL business leverage? DA equals
2 a. 1.6 b. 0.8 c. 0.67 d. 2.5
Question 317: How many types of leverage are there in the business?
a. 2
b. 3
c. 4
d. 5
Question 318: Dividends of preferred shares for (1-T) are calculated on the basis of: optimal a.
Before taxes b.
After tax c.
Fixed costs d. Variable
Costs Question 319
(omitted): Calculate the DFL for a company with an EBIT of $5,000,000, fixed costs of $2,000,000, interest of
$900,000, and a preferred stock dividend of $900,000. Tax rate 40%. b. 13,33
a. 4.33 c. 1.56 d.1.92
Question 320: Leverage ________ relates to the relationship between sales and earnings per share.
a. Business
b. Synthetic
c. Finance
Question 321: If the debt ratio is 0.5; The debt-to-equity ratio is:
a. 0.5 b.
1.0 c.
1.5 d.
Question 322: Company A sells a fixed asset with a residual book value of $30,000 at a selling price of $25,000. If A's corporate
tax rate is 28%, what is the impact of the tax rate on the company? No answer i. Additional taxes $4,200 ii. Additional tax
payment of $2,000 iii. Tax Savings
$2,000 iv. Tax Savings $4,200
Question 323: To determine the magnitude of aggregate leverage,

a. you need to know: Output, selling price of
1 unit of product Fixed costs, average variable cost of 1 unit of product,
interest bc Both a
rate d. & b Cost variable, interest
Question 324: Let Q = 4000 products; selling price of a product P = 200,000 VND/sp; average variable cost AVC =
50,000 VND/sp; FC's uninterested fixed costs = 350,000,000 VND; loan interest R = 150,000,000 VND, calculating
the financial leverage DFL? a. 2.5 b. 0.4 c. 3 d.
1
Question
325:
The
degree of influence of the change in ______ reflects the change in return on equity due to
profit before tax and interest payable. a. Business leverage
b. Financial leverage c.
Synthetic leverage d. All
of the above statements
are incorrect Question 326: The
degree of influence of operating leverage depends on: a. EBIT rate of
change b. Rate of change in
sales or sales volume
c. Both a & b
d. Change rate of revenue Question
327: Debt coverage ratio reflects how many dollars of secured equity for every dollar of debt. So its formula is: a.
Debt coverage ratio =
Liabilities/Equity b. Debt coverage ratio = Equity/Liabilities
c. Debt coverage ratio = Equity/Long-term debt d. Debt
coverage ratio = Long-term debt/Equity
Question 328: The enterprise decides to increase its long-term capital. Businesses can raise long-term capital
from:
a. Issuing shares, using retained earnings b. Long-

term loans c. Both a
& b d. None of
the options are correct
Question 329: Given equity C = 1200, total working capital = 4000, what is the debt ratio Hv ?
a. 0.7
b. 0.3
c. 0.8
d. 0.5
Question 230 (omitted): A company that uses too much financial leverage will affect the market value of the
company................. and cost of capital ................... a.
Increase or
decrease b.
Reduce,
decrease c. Increase, increase d. Down Up
Question 231: Company A sells a fixed asset with a residual book value of $20,000 at a selling price of $5,000.
If A's corporate tax rate is 28%, what is the impact of the tax rate on the company? a. Pay an additional tax of $4,200
b. Pay
an additional tax of $2,000 c.
Tax savings of $4,200 d. Tax
saving $2,000 Question 232:
Calculate DTL aggregate
leverage if you know Q = 3000 products, P = 500,000 VND/product, AVC = 400,000 VND/product, FC = 120,000,000:
a. 0.5
b. 1.5 c.
1.67 d.
None of them are true Question
233: If the company predicts that debt financing will become too expensive or scarce, the CFOs are more likely to _________
immediately. a. Decreasing financial leverage b. Increasing financial
leverage c. Decreasing business leverage
d. Increase business leverage
Question 334: Leverage results from the use of: a.

Fixed costs and fixed financial costs b. Cash c.
Variable
operating costs d. All of the above
are true
Question 335: Given Q = 2,000 units, selling price P = 100,000 VND/unit, average variable cost AVC = 60,000 VND/sp, fixed
costs with interest FC = 40,000,000 VND, interest = 5,000,000 VND . Calculate DTL synthetic leverage?
a. 2.00 b.
0.17 c.
2.28 d.
Question 336: Given equity C = 400, total working capital T = 2000, what is the debt ratio Hv ?
a. 0.7
b. 0.2 c.
0.8 d.
0.5
Question 337: HP company makes expansion investment with borrowed capital. On January 1, 2000, he borrowed 400
million VND from VPBank with an interest rate of 10%/year. On January 1, 2003, he borrowed 500 million VND from IBank
with an interest rate of 6%/6 months. The investment period is 3 years. Construction start date is January 1, 2000. Average
interest rate?
leave a.
8% b.
16% c.
20% d.
11.31% Question 338: Financial leverage will have the opposite effect
a. when: Total assets generate a large enough rate of return to cover interest expenses
b. Total assets generate an insufficient rate of return large to cover interest expenses Profits
c. on debt are larger than the amount of interest paid
d. Both a & c
Question 339: Let Q = 3000 products; selling price of a product unit P = 1,000,000 VND/sp; average variable cost AVC =
600,000 VND/product; FC's uninterested fixed costs = 600,000,000 VND; loan interest R = 100,000,000 VND, calculating
financial leverage DFL?
a. 2
b. 1,2 c.
0.83 d. 4
Question 340: The influence of aggregate leverage reflects: a. When EBT

and interest rate change by 1%, by how much % will the return on equity increase b. When
sales or sales volume changes by 1%, by how much % will EBT change c. When sales or sales increase by 1%,
how much % will PBT and interest increase d. When sales or sales decrease by 1%, by how much % will EBT
increase?
Question 341: The equity multiplier can be described as: what is the multiplier? a. 1 –
(Debt/Asset) b. 1 –
(Asset/Debt)
c. 1 – (Equity/Assets) d. 1 – (Asset/Equity)
Question 342: The P/E ratio is defined as: a. EPS/market

price of common stock b. Market price of common
stock/equity c. Common stock market price/EPS d. None of
the sentences are correct
Question 343: .................. shows a part of the company's cash flow that can pay dividends to shareholders or invest in other
projects. What is free cash flow? a. Free cash flow b. Cash
balance c. Marketable
securities d. Neither
statement is correct Question 344
(omitted): When calculating
the cost of preferred stock, the denominator is: a. Annual dividend amount b. Gross
income from common stock sales
c. Net income from preferred stock sales d. Issuance
expenses from sales of preferred shares
Question 345: A commercial credit of 100 million VND with the payment condition “2/15 net 45”. Calculate the cost of the above
credit? (number of days in a year is 360 days)
a. 24.5% b.
20% c.
50% d.
ten%
CHAPTER IX: PLANNING AND FORECASTING THE FINANCIAL DEMAND OF ENTERPRISE

Question 346: The cash break-even point is lower than the business break-even point because: correcting the word yes DA
a. there is depreciation expense for
fixed assets b. have selling
expenses c. there are business administration
costs d. have interest on loan
Question 347: Huong Ly company has total fixed costs FC = 1000 million VND, depreciation expense of fixed assets is Mkh = 200
million VND, selling price of goods P = 8 million VND/product, variable costs average is 4 million VND, loan interest R = 40 million
VND. Calculate the cash breakeven point of Huong Ly company (Qhvtm)? a.
Qhvtm = 200 million VND
b. Qhvtm = 190 million
VND c. Qhvtm = 310
million VND d. Qhvtm =
210 million VND Question 348: Trung Thanh Company Limited has a total fixed cost FC = 3000 million VND. interest
variable cost of fixed assets is amortization cost R = 10 million VND, selling price of goods P = 7 million VND/sp, average
Mkh = 500 million VND, , average is 2 million VND. Calculate the cash breakeven point of Huong Ly
company (Qhvtm)? a.
Qhvtm = 498 million VND
b. Qhvtm = 702 million
VND c. Qhvtm = 400 million VND d. Qhvtm = 500 million VND
Question 349: Thuan Yen company has total fixed costs FC = 2000 million VND. Depreciation cost of fixed assets is Mkh of
million VND. = interest R = 20 million VND, selling price of goods is P = 10 million VND/product, average variable cost is 8
400 million VND, , Calculate the cash breakeven point of Huong Ly company (Qhvtm)?
a. Qhvtm = 750 million
VND b. Qhvtm = 1250
million VND c. Qhvtm =
800 million VND d.
Qhvtm = 600 million VND Question 350: Application
of break-even analysis: a. Risk assessment of the enterprise or
investment project b. Choose a production plan
c. Strategic decision on long-term product supply d. All a, b, c are correct

Question 351: The statement
of cash flows summarizes which of the following cash flows except: a. Project cash flow b. Operating cash
flow c. Financial cash flow
d. Investment cash flow Question
352: Qhv=2000 , Qmax =6000,
payback period is: a. 6
months b. 1 year c. 4 months d. 2 years
Question 353. Which of the following is true:

a. Corporate financial modeling is often based on accounting concepts b. Corporate financial
modeling typically calculates the NPV of a company's investment plan c. Corporate financial modeling typically
calculates a company's optimal debt ratio d. All of the above are true
Question 354: Given EBIT = 500, amortization = 50, interest = 50, dividend = 20, calculate the ability to pay interest?
a. 10 b.
8.6 c.
11.4 d.
twelfth
Question 355: In a typical financial plan includes: a. Funding Summary b.

Balance sheet and income
statement c. Expected capital expenditure d. Describe the
business strategy to achieve the
company's financial goals e. All are correct Question 356: Let total assets T = 5000; short-term debt
and long-term debt V =
2000, what is the overall ratio? a. 0.4 b. 1,2 c. 2.5 d. 0.7
Question 357: To analyze the financial situation of an enterprise, we can use: a. Report on business
results b. Balance sheet c. Cash flow
statement d. All 3
Question 358: The interest payment coefficient depends on:

b. EBIT c.
Interest payable d. Both a

and b e. None of
the sentences are correct Question

359: A company has a loan interest payment coefficient of 5 times, the interest payable is VND 82 million. What is the profit before tax and
interest?
a. 410 million
b. 300 million
c. 82 million
d. 100 million
VND Question 360: Enterprise A has: FC = 1000, P = 1.5, AVC = 1, then has Qhv:
a. 1000 b.
2000 c.
500 d.
5000
Question 361: Profit after tax on equity is equal to: a. Profit after tax
on net sales × average operating capital × average equity
army
b. Profit after tax on sales × total capital turnover × average working capital to equity c. Total capital turnover × profit
after tax on net sales
Question 362: Given short-term debt solvency coefficient Htt = 4, working assets and short-term investments = 6000,
calculate the total short-term debt?
a. 2500 b.
24000 c.
1500 d.
30000
Question 363: Which financial decision belongs to the enterprise's financial development strategy:
a. Decisions related to meeting day-to-day business requirements.
b. Long-term investment decisions to innovate production technology
c. Procurement of materials, tools, and supplies for production None of the
d. above
Question 364: Given EBIT = 100, amortization = 40, interest = 20, dividend = 10, calculate the ability to pay interest:
a. 5.0
b. 7.5
c. 7.0
d. 14.0 e.
Question 365: The company's main source of cash flow
is from: a. Net
profit b. Tax credit c.
Earnings before interest and depreciation minus taxes d.
After-tax capital expenditure
e. Working capital requirement
Question 366: Tell me the ratio of profit after tax on sales = 3%; total capital turnover = 2, debt ratio Hv = 0.6. Calculate
the net profit after equity tax:
a. 3.6% b.
1.2% c.
6% d.
15%
Question 367: Let current assets and short-term investment = 6,000; inventory = 2,000, short-term debt = 5,000, how quick
is the ability to pay?
a. 0.8
b. 1.4 c.
0.5 d.
0.6
Question 368: Determine the breakeven revenue when knowing P = 500,000 VND/product, FC = 120,000,000 VND, AVC
= 400,000 VND/product: a. 600,000,000 VND
b. 120,000,000 dong c.
125,000,000 VND d. VND
650,000,000 Question
369: Tell me that NPAT =
504; CIT rate = 28%; Interest R = 100. What is Earnings Before Interest and Taxes (EBIT)?
a. 900
b. 604 c.
241.12 d.
800
Question 370: Given Total assets T = 4000, short-term debt 1500, long-term debt = 500, what is the overall ratio? a. 2.0 b.
4.0 c. 0.2 d. 0.4
Question 371: EBIT = 400, amortization = 50, interest = 50, dividend = 20, calculate ability to pay interest:
a. 5.0
b. 8.0
c. 4.7
d. 14.0 e.
Question 372: Tell me the total capital T=1000, loan V=400, loan interest rate R=5%/year, pre-tax profit rate tl,T = 9.5%,
CIT rate = 32%. What is the after-equity tax rate? Insufficient data a. 7.6% b. 8.5% c. 10% d. twelfth%
Question 373: Enterprise A has FC = 1000, P = 1.5, AVC = 1, then it has TRhv:
b. 2000
c. 3000
d. 4000
e. 5000
Question 374: Which of the following is included in a financial plan except: which ONE?
a. Analysis of investment, financing and dividend solutions
b. Anticipate the future outcomes of current decisions to avoid surprises and understand
relationship between current and future decisions. c. Expected
changes in cash and working capital d. Measure future performance
against the goals set out in the financial plan
Question 375: EBIT = 300, amortization = 60, interest = 10, dividend = 50, calculating ability to pay interest:
a. 40
b. 30
c. 10
d. 50
e. None of the sentences are
correct Question 376: Determine the breakeven revenue when knowing P = VND 500,000/product, FC = VND 120,000,000,
AVC = VND 400,000/product:
a. 600,000,000 b.
120,000,000 c.
125,000,000 d.
650,000,000 VND
Question 377: Given EBIT = 420, amortization = 80, interest = 70, dividend = 20, calculate the ability to pay interest:
a. 6.0
b. 7.4
c. 1.1
d. 5.1
Question 378: Asian leather shoe company has a fixed cost FC = $5,000; average variable cost AVC = $90/sp; selling
price per unit of product P = $100/sp, at what output level does this company break even?
a. 500 products b.
400 products c. 450
products d. 490
products e. None of
the sentences are correct
Question 379: Which of the following statements regarding capital budgeting and strategic planning are true? Which
DA to choose?
a. Capital budgeting and strategic planning are the following processes:

together.
b. Capital budgeting and strategic planning are the first

fairy
c. Capital budgeting is done first while strategic planning is done last d. Capital budgeting is done last while
strategic planning is
done first Question 380: Which of the following capital expenditures is not present in capital budgeting? Which
DA to choose?
a. Invest in a new factory b. Invest in

new machinery and equipment c.
Investment in information technology d.
All the above sentences
Question 381: A company has a loan interest payment coefficient of 5 times, the interest payable is VND 60,000,000.
What is the profit before tax and interest?
a. 410 million
b. 300 million
c. 82 million
d. 120 million VND
Question 382: A factory produces 500 cars with a variable cost of 150 million for 1 car. Current selling price is 200
million / 1 car. Given that total fixed costs are $25 billion. Firm's breakeven output
are: a. 450 cars.

b. 500 cars.
c. 550
vehicles. d. 600 cars.
Question 383: The indicator reflecting the ability to pay debts in a short period of time is:
a. Overall debt ratio
b. Short-term debt ratio
c. Long-term debt ratio
d. Loan interest payment ratio
Question 384: A company has a loan interest payment coefficient of 5 times, the interest payable is VND 84,000,000.
What is the profit before tax and interest?
a. 420 million VND
b. 300 million VND
c. 84 million VND
d. 100 million VND
Question 385: The balance sheet is:

a. The consolidated financial statements generally reflect the current assets and capital of the enterprise at a point in time b. The
consolidated financial statements reflect the situation and results of business activities
c. Both a and b
d. None of the sentences are correct
Question 386: A government bond has a par value of 1,000 million and an interest rate (compound interest) of 8%/year,
compounded interest. What is the annual interest payment? a.
80 million b.
40 million c.
100 million d.
0 million won
Question 387: Given EAT = 2000, corporate income tax rate t = 28%, loan interest R = 440, calculate the interest
payment coefficient? No DA? a. 6.82 b. 5 c. 4.54
d. 3.27
Question
388: The
long-term debt payment coefficient is based on: a. Residual
value of fixed assets formed by long-term debt b. Long-term debt c. Short-term
debt
d. Both a & b
Question 389: Determining the probability of a customer defaulting is part of the process ________
a. Credit analysis b.
Customer analysis c. Business
d. Credit
Management
Question 390: EBIT = 200, amortization = 40, interest = 40, dividends = 10, calculate the ability to pay interest:
a. 5.0
b. 7.0
c. 4.7
d. 14.0
e. None of the sentences
are correct Question 391: With Thv = 6 months determine
Qhv, Qmax : a. Qhv = 1000 ,
Qmax = 800 b. Qhv = 1000 , Qmax
= 2000 c. Qhv = 1000, Qmax =
4000 d. Qhv = 1000, Qmax = 5000
Question 392: The break-even point is the point
at which: a. Sales revenue equal to expenses b.
Sales revenue > expenses c. Sales revenue
< cost of goods sold
Question 393: The general coefficient of payment is the relationship
between: a. Total assets with total
liabilities. b. Total current assets with total current
liabilities c. Total assets with total long-
term liabilities d. None of the
sentences are correct Question 394: Given quick ratio Htt = 3, working assets and short-term investments = 12,500,
inventory = 500, calculate short-term debt?
a. 3,000 b.
4,000 c.
5,000 d.
6,000
Question 395: If _______ increases, the breakeven point
decreases. a. Variable cost per unit of
product b. Total fixed costs
c. Unit selling price d. None of the
Question 396: Business risk depends on: a. Changeability

of demand b. Price volatility c.
Volatility of input prices d. All of the
above factors
Question 397: An enterprise specializes in manufacturing tables and chairs. According to the designed capacity each
year, it can produce 2500 sets of tables and chairs with a variable cost of 100,000 VND for each set. Current selling
price is 150,000 VND. Given that total fixed costs are $1,200,000,000. Ask the manager how much minimum capacity
must be mobilized to avoid losses?
a. 97%
b. 94%
c. 96%
d. 95%
e. None of the sentences are correct
Question 398: Given pre-tax profit = 600, borrowed capital = 400, loan interest rate = 10%/total loan, calculate EBIT?
a. 460
b. 640
c. 1,000
d. 200
Verses 399:________ introduce the time factor into the analysis of financial ratios. Which DA to choose?
a. Interest solvency index

b. ROI
c. P/E
d. Trend analysis
Verse 400: ________ the best assessment of a company's liquidity. a. Cash

budget b. Quick payout
index c. Current ratio d. All of
the above are true
Question 401: A branch of Company A has uninterested fixed costs of $28,500. With the unit selling price of
$60 and the unit variable cost of $45, the business breakeven output level is equal to: a. 467 products
b. 634 products c.
1,900 products d.
None of the
Sentence 402 (omitted). ROI will change when any of the following changes:
a. EAT, total assets, cash flow b.
EAT, total assets and sales c. EAT,
sales and cash flow d. Sales, cash
flow and total assets
Question 403: Liabilities include: a. Loans b.

Accounts payable
to staff, budget, suppliers and other payables c. All right
Question 404: At business break-even point __________ is zero. a.

Net income b.
Variable operating costs
c. EBIT
d. Fixed operating expenses
Question 405: Given EBIT = 4000, interest R = 800, loan capital = 2000, what is the interest payment ratio?
a. 3.3
b. 7.5
c. 5.0
d. 2.5
Question 406: When analyzing credit, companies regularly use the following information except:
a. Financial statements provided by the client b. Payment
history of other companies provided c. History of payment status of level
banks d. All sources of information on Question 407: Index
_______ Measure the fastest rate at which assets can be converted to cash:
a. Quick payment b.
Profitable c.
Current payment d. Work
Question 408: If thv = 6 months then:

a. Qhv = 0.5.Qmax
b. Breakeven capacity = 50%
c. Both a &
d. b Qhv = 6Qmax
Question 409: Which of the following is an example of a payout ratio:
a. Ability to pay interest b. Average
collection period c. Quick ratio
d. All of the above statements
are correct showing the assets and
Verse 410. _______ capital of the company as a percentage of total assets
a. General income statement b. General scale
balance sheet c. Cash flow statement d. Capital budget
Question 411: EBIT = 100, amortization = 40, interest = 20, dividend = 10, calculate ability to pay interest:
a. 5.0
b. 7.0 c.
4.7 d.
14.0 e.
Question 412: Minh Ngoc Company has a short-term debt ratio of 0.5. Which of the following actions by the firm would
increase this ratio: a. Use cash to
pay off all short-term debts b. Collect some current accounts receivable c. Using
cash to pay off a certain long-term debt d. Purchase
additional reserves (inventory) deferred payment (accounts payable) e. Sell
some current inventory
Question 413: If _______ increases, the breakeven point

increases. a. Variable cost per unit of product
b. Total fixed costs c. Product
unit selling price
d. Both a and b
Question 414: Financial ratios only have meaning when compared with some criteria, which are: a.
Industry average b. Management
objectives of the enterprise c. Competitive firm
index d. All of the above are true
Verse 415. __________ provides a summary of the company's financial position at a given point in time. a. Balance
sheet b. Notes to the financial
statements c. Cash flow report
d. Income statement
Question 416: Sales = 200, COGS = 1500, total assets = 1600, inventory = 100, calculate the efficiency of
using total assets? leave a.
1.25 b.
0.9375 c.
1.33 d.
Question 417. The Dupont model of financial analysis evaluates returns under all of the following terms,
except: a.
Efficiency in the use of total assets
b. Financial leverage
c. retained earnings d.
Gross profit
Question 418: Hai Duong Pump Manufacturing Company has a short-term debt ratio of 1.2. Which of the
following moves by the Company will
increase this ratio? a. Use cash to pay off all short-term debt b.
Collect some current accounts receivable c.
Use cash to pay off some long-term debt d. Purchase on
credit for additional inventory (accounts payable) e.
Use cash to pay for the purchase of a fixed asset
Question 419: Given EBIT = 2,000, loan capital = 10,000, interest payable = 8%//total loan, calculate the
interest payment
coefficient: a. 2.5 b. 1.5 c. 0.8 d. 0.4

Question 420: HPS Company has a fixed cost of $28,500. The unit selling price of the product is $60 and the
unit variable cost of the product is $45. ÿ At what level of
output does this
firm break even?
a. 467 products b.
1900 products c. 2000
products d. None of the statements are correct Question 421: ................
usually compares the
financial risk of a company. a.
Investment banks b. Common
equity investors c. Financial
analysts d. All of the above are correct Question 422:
The requirements for effective planning are:
a. Planning should be based on forecasts
b. Find the optimal financial plan c.
Financial planning must be flexible d. All of the above are true

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CHAPTER I - OVERVIEW OF CORPORATE FINANCE

Question 2: Financial intermediaries can be:

Question 7: Contents of corporate governance:

Question 9: The financial objective of a joint stock company

Question 13. Limited liability is an important feature of: a. Private

Question 15. An important task of a financial manager is: a. Raising

c. The company can hire professional managers d. Agency costs

c. Taxes are levied twice d. Unlimited

Question 20. Agency costs are: a.

CHAPTER II – CASH LINES Question 25: Mr.

sentences are correct

Question 42: The principle of compound interest is related to:

a. Interest income calculated on principal b.

sentences are correct

Question 56: Present value is defined as:

Question 66: Why is money valuable over time? a. The

d. All of the above are true

Question 68: Which of the following is a challenge when estimating cash

Question 71: Future value is defined as:

d. Neither statement is correct

CHAPTER III - MANAGEMENT OF FIXED CAPITAL OF THE COMPANY

b. Transportation costs, installation and commissioning

c. Only 2 of 3 methods of calculating depreciation

Question 94: Which depreciation method recovers most capital fastest?

Question 95: Historical cost of fixed assets

c. Both a & b are

CHAPTER IV: WORKING CAPITAL MANAGEMENT

Question 120: Which of the following is not a liquid asset? a. Accounts

Question 126: The following information is available in

Question 186: The cost of production and business

Question 190: Factors affecting product sales revenue:

a. Volume of products consumed & product quality b. Structure of

Question 199: IRR is defined as:

a. The discount rate at which the project's NPV is zero b. The

Question 205: IRR is an indicator that

Question 231: The check after the investment phase is conducted:

project B d. Neither statement

Question 244: NPV depends on which of the following factors:

CHAPTER VII: CREATING CAPITAL THROUGH FINANCIAL MARKET

Question 253: Advantages of leasing assets under the finance lease

a. Activity hire b. Sale

d. The same risk

CHAPTER VIII: CAPITAL STRUCTURE AND COST OF USING CAPITAL

Question 281: Indicate which of the following is true: P = 10,

Question 291: The level of business leverage reflects a.

d. Variable cost, interest

a. 10.8% b. 10.2% c. 10% d. 7%

Verse 315: In ________ a. Short All costs are subject to change.

Question 323: To determine the magnitude of aggregate leverage,

a. Issuing shares, using retained earnings b. Long-

Question 334: Leverage results from the use of: a.

Question 340: The influence of aggregate leverage reflects: a. When EBT

Question 342: The P/E ratio is defined as: a. EPS/market

CHAPTER IX: PLANNING AND FORECASTING THE FINANCIAL DEMAND OF ENTERPRISE

c. Strategic decision on long-term product supply d. All a, b, c are correct

Question 353. Which of the following is true:

Question 355: In a typical financial plan includes: a. Funding Summary b.

Question 358: The interest payment coefficient depends on:

Interest payable d. Both a

the sentences are correct Question

a. Capital budgeting and strategic planning are the following processes:

b. Capital budgeting and strategic planning are the first

a. Invest in a new factory b. Invest in