Have an account?
Skip to Content
Build your own quiz
22 questions
Show Answers
See Preview
- 1. Multiple ChoiceFinance is the business function that involves managingInformationMoneyMarketingProduction
- 2. Multiple ChoiceThe goals of the finance function are to ensure profitability and toAdvertise productsManufacture raw materialsGive out informationReduce risks
- 3. Multiple ChoiceAccounting is distinct from finance because its main focus is onRecordkeeping activitiesMoney management decisionsAdministration of assetsAcquisition of funds
- 4. Multiple ChoiceThe administration of assets refers to decisions aboutAccountingSpendingInvestmentsFinancing
- 5. Multiple ChoiceDecisions about financing refer to theAccounts receivableAcquisition of fundsAdministration of assetsAccounting department
- 6. Multiple ChoiceThe finance function ensures that the company’s financial goals areAcceptable to the marketing departmentRelated to product developmentIn line with organizational prioritiesEasy to accomplish
- 7. Multiple ChoiceHow does the finance function relate to company spending?It plans and controls spendingIt produces reports about spendingIt spends on investments onlyIt does not relate to spending
- 8. Multiple ChoiceMoney the business owes is known asEquityAssetsAccounts payableAccounts receivable
- 9. Multiple ChoiceMoney owed to the business is known asEquityAssetsAccounts payableAccounts receivable
- 10. Multiple ChoiceTo keep communication flowing with other departments, the finance function depends onAccounts receivableInformation systemsMarketingProduction
- 11. Multiple ChoiceThe finance function is usually responsible for which of the following processes:BudgetingManufacturingOperationsResearch
- 12. Multiple ChoiceThe finance function would definitely be involved in a decision regardingPublic relations and publicityPersonal sellingNew business projects and strategiesHiring
- 13. Multiple ChoiceWhich of the following is a capital investment decision:How to manage cash flowHow to handle accounts payableHow to finance investmentsHow to manage inventory
- 14. Multiple ChoiceA company’s current balance of assets and liabilities falls under the focus ofReturn on capitalWorking capital managementCapital investment decisionsThe cash conversion cycle
- 15. Multiple ChoiceDetermining which projects a business should invest in is known asReturn on capitalThe cash conversion cycleCapital structuringCapital budgeting
- 16. Multiple ChoiceAssets a company already owns and can use to finance a new venture are calledEquityDividendsReturn on capitalAccounts payable
- 17. Multiple ChoiceWhich of the following is a key component of managing working capital:FinancingCapital budgetingCash conversion cycleCapital structure
- 18. Multiple ChoiceThe cash conversion cycle should beAt equilibriumAs short as possibleAs long as possibleOn an upward trend
- 19. Multiple ChoiceWhich of the following is a measure of how well a business generates cash flow:Accounts receivableCapital structureAccounts payableReturn on capital
- 20. Multiple ChoiceWhen return on capital is positive, the company isGrowing in valueLosing valueLow on cashPaying out dividends
- 21. Multiple ChoiceWhen businesses invest funds to expand, they are involved in the process of:SellingDepreciationFinanceCapitalism
- 22. Multiple ChoiceThe role of finance in business often involves:Monitoring expensesPaying employeesBuying suppliesObtaining funds
- Answer choicesTagsAnswer choicesTags