Top 550+ Solved Financial Management MCQ Questions Answer
Q. Which is the limitation of traditional approach of financial management
a. Ignores allocation of resources
b. One sided approach
c. More emphasis on long term problems
d. All of these
Q. The finance function is/are ----------------------
a. Determination of financial requirement of the firm
b. Obtaining necessary finance from the appropriate sources at minimum possible cost
c. The allocation of finance in different assets
d. All of these
Q. Financial management is a part of ---------------------
a. Financial accounting
b. Business management
c. Accounting
d. Tax law
Q. The financial management is responsible for the
a. Controlling of the Organization
b. Organizing trading programs
c. Recording the transaction
d. Finance function of the firm
Q. Financial management includes -------------------
a. Measurement of performance
b. Finance function
c. Financial resources
d. All of these
Q. Profit maximization includes ---------------------
a. It is indicator of economic efficiency
b. Source of incentive
c. Maximization of social benefit
d. Measurement of success of business decisions
Q. Function of finance officers includes -----------------------
a. Continuous credit
b. Co-ordination in fund
c. Preparation of cost account
d. Adequate liquidity
Q. The term value implies the ------------
a. Task of estimating the worth of an asset
b. Task of estimating the worth of a security
c. Task of estimating the value of a business
d. All of these
Q. Which is a type of value
a. Book value
b. Retailer or wholesaler value
c. Plant value
d. Domestic value
Q. Which is the approach of valuation
a. Asset based approach to valuation
b. Earnings based approach to valuation
c. Market value based approach to valuation
d. All f these
Q. Total assets – Total external liabilities equal to ---------------------
a. Net asset
b. Net liabilities
c. Net cost
d. Net depreciation
Q. The arrangement of working capital and current assets can be done only by -------------------
a. Short term sources
b. Long term sources
c. Cost of capital
d. Financial plan
Q. Which is the source of short term
a. Trade credit
b. Short term bank finance
c. Public deposits
d. All of these
Q. Which is the type of trade credit
a. Open account
b. Bills of exchange
c. Promissory note
d. All of these
Q. Which is the form of credit
a. Overdraft
b. Cash credit
c. Discounting of trade bills
d. Loans and advances