financial management
BWFF2013
QUIZ 1 (10 MARKS)
TOPICS COVERED: 1-4
NO. OF QUESTIONS: 80 [20 QUESTIONS FOR EACH TOPIC]
INSTRUCTIONS:
1. Answer ALL questions and show ALL workings (if any). Marks will be given only for the correct workings and not for the correct answers.
2. You may present your answers in hand-written or typed-form.
3. Submit your group of four (4) answer in a single hardcopy form only; and
4. Deadline for submission: 21st October 2013 (Monday), in-class. Late submission will be penalized and/or subjected to marks deduction.
QUESTIONS:
1. The person generally directly responsible for overseeing the tax management, cost accounting, financial accounting, and data processing functions is the: a. treasurer. b. director. c. controller. d. chairman of the board. e. chief executive officer.
2. The person generally directly responsible for overseeing the cash and credit functions, financial planning, and capital expenditures is the: a. treasurer. b. director. c. controller. d. chairman of the board. e. chief operations officer.
3. The process of planning and managing a firm’s long-term investments is called: a. working capital management. b. financial depreciation. c. agency cost analysis. d. capital budgeting. e. capital structure.
4. The mixture of debt and equity used by a firm to finance its operations is called: a. working capital management. b. financial depreciation. c. cost analysis. d. capital budgeting. e. capital structure.
5. The management of a firm’s short-term assets and liabilities is called: a. working capital management. b. debt management. c. equity management. d. capital budgeting. e. capital structure.
6. A business owned by a single individual is called a: a. corporation. b. sole proprietorship. c. general partnership. d. limited partnership. e. limited liability company.
7. A business formed by two or more individuals who each have unlimited liability for
QUIZ 1 (10 MARKS)
TOPICS COVERED: 1-4
NO. OF QUESTIONS: 80 [20 QUESTIONS FOR EACH TOPIC]
INSTRUCTIONS:
1. Answer ALL questions and show ALL workings (if any). Marks will be given only for the correct workings and not for the correct answers.
2. You may present your answers in hand-written or typed-form.
3. Submit your group of four (4) answer in a single hardcopy form only; and
4. Deadline for submission: 21st October 2013 (Monday), in-class. Late submission will be penalized and/or subjected to marks deduction.
QUESTIONS:
1. The person generally directly responsible for overseeing the tax management, cost accounting, financial accounting, and data processing functions is the: a. treasurer. b. director. c. controller. d. chairman of the board. e. chief executive officer.
2. The person generally directly responsible for overseeing the cash and credit functions, financial planning, and capital expenditures is the: a. treasurer. b. director. c. controller. d. chairman of the board. e. chief operations officer.
3. The process of planning and managing a firm’s long-term investments is called: a. working capital management. b. financial depreciation. c. agency cost analysis. d. capital budgeting. e. capital structure.
4. The mixture of debt and equity used by a firm to finance its operations is called: a. working capital management. b. financial depreciation. c. cost analysis. d. capital budgeting. e. capital structure.
5. The management of a firm’s short-term assets and liabilities is called: a. working capital management. b. debt management. c. equity management. d. capital budgeting. e. capital structure.
6. A business owned by a single individual is called a: a. corporation. b. sole proprietorship. c. general partnership. d. limited partnership. e. limited liability company.
7. A business formed by two or more individuals who each have unlimited liability for