BFN209
1. The money shareholders invest in a company in the expectation of a return on their invested capital consists of dividend and_____
Fixed income
Capital gain
Cash flow
Diversification
2. Financial market trades on financial assets which promises future benefits in all of the following except _______
Treasury bills
Certificate of deposit
Promissory notes
Bonds
3. Who defined finance as to lend, to settle debt, pay ransom, furnish, and procure.
Cambridge’s dictionary
The Shorter Oxford English Dictionary
The Encyclopedia of Banking and Finance
Webster’s third International Dictionary
4. The three elements that must be held in balance to enable optimum utilization of the resources of the enterprise are all of the following except_____
Marketing
Strategy
Production
Operation
5. The following are ways of raising funds in the scope of Financial Management during major events in the life of the firm except _____
Acquisition of financial resources for the organisation
Diversification
Expansion
Promotion
6. Who defined finance as the system that includes the circulation of money, the granting of credit, the making of investments and the provision of banking facilities?
Webster’s third International Dictionary
The Encyclopedia of Banking and Finance
The Shorter Oxford English Dictionary
Cambridge’s dictionary
7. There are two kinds of markets, Financial market and _______
Currency market
Financial markets
Stock market
Real assets market
8. The Encyclopedia of Banking and Finance classified finance into three categories except_____
A general term to denote the theory and practice of monetary credit, banking and promotion of operations in the most comprehensive sense.
To raise money necessary to organise, re-organise or expand an enterprise whether by sales of stocks, bonds, notes, etc.
A general term to denote the theory and practice of ralationship management and investment analysis
Originally applied to raising money by taxes or bonds issues and the administration of revenues and expenditure by government.
9. The following are three key financial decisions of Financial Management according to Christy and Roden, (1973), except______
Anticipation of financial needs of the organisation
Acquisition of financial resources for the organisation
Investment Analysis
Allocation of financial resources within the organisation
10. Physical or tangible assets such as plant, machinery wheat, office, gold, and buildings are called_________
Financial markets
Stock market
Real markets
Currency market
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