FIN 801 - TMU ACTUAL EXAM PAPER 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ Risk:.
Answer: The uncertainty about outcomes, with the possibility of negative
outcomes.
◍ Monetary Policy.
Answer: The management of money supply and interest rates.
◍ Government and Not-for-Profit Accounting.
Answer: Accounting for public organizations.
◍ Cash Flow Statement.
Answer: A report showing cash inflows and outflows.
◍ Frequency.
Answer: How many times a particular loss occurs within a period?
◍ Profitability Ratios.
Answer: Measures of a firm's earning power.
◍ Dividend.
Answer: A payment of profits to stockholders.
◍ Subjective Risk.
Answer: An individual's view of uncertainty or thesituation involving risk.
◍ Credit Cards.
Answer: A form of short-term financing.
◍ Medium of Exchange.
Answer: Anything used to buy goods and services.
◍ Electronic Funds Transfer (EFT).
Answer: Moving money electronically.
, ◍ Dow Jones Industrial Average.
Answer: A measure tracking 30 major stocks.
◍ Short-Term Loans.
Answer: Borrowed funds to be repaid within a year.
◍ Bond.
Answer: A certificate that represents a loan to a company or government.
◍ Activity Ratios.
Answer: Measures of how efficiently a firm uses assets.
◍ Financial Accounting.
Answer: The preparation of financial reports for external users.
◍ Risk=probability of loss?.
Answer: No. When the probability of loss=100% or 0%, there is no
uncertainty and no risk.
◍ Risk=Loss?.
Answer: No. If loss happened it is no longer a risk
◍ Two elements of risk.
Answer: Negative OutcomeUncertainty
◍ Inflation.
Answer: A general rise in prices.
◍ Income Statement.
Answer: A financial report showing a firm's profit or loss over a period of
time.
◍ Over-the-Counter (OTC) Market.
Answer: A network for trading securities not listed on exchanges.
◍ Federal Open Market Committee (FOMC).
Answer: The group that sets monetary policy.
◍ Financial consequences of risk include:.
QUESTIONS WITH ANSWERS GRADED A+
◍ Risk:.
Answer: The uncertainty about outcomes, with the possibility of negative
outcomes.
◍ Monetary Policy.
Answer: The management of money supply and interest rates.
◍ Government and Not-for-Profit Accounting.
Answer: Accounting for public organizations.
◍ Cash Flow Statement.
Answer: A report showing cash inflows and outflows.
◍ Frequency.
Answer: How many times a particular loss occurs within a period?
◍ Profitability Ratios.
Answer: Measures of a firm's earning power.
◍ Dividend.
Answer: A payment of profits to stockholders.
◍ Subjective Risk.
Answer: An individual's view of uncertainty or thesituation involving risk.
◍ Credit Cards.
Answer: A form of short-term financing.
◍ Medium of Exchange.
Answer: Anything used to buy goods and services.
◍ Electronic Funds Transfer (EFT).
Answer: Moving money electronically.
, ◍ Dow Jones Industrial Average.
Answer: A measure tracking 30 major stocks.
◍ Short-Term Loans.
Answer: Borrowed funds to be repaid within a year.
◍ Bond.
Answer: A certificate that represents a loan to a company or government.
◍ Activity Ratios.
Answer: Measures of how efficiently a firm uses assets.
◍ Financial Accounting.
Answer: The preparation of financial reports for external users.
◍ Risk=probability of loss?.
Answer: No. When the probability of loss=100% or 0%, there is no
uncertainty and no risk.
◍ Risk=Loss?.
Answer: No. If loss happened it is no longer a risk
◍ Two elements of risk.
Answer: Negative OutcomeUncertainty
◍ Inflation.
Answer: A general rise in prices.
◍ Income Statement.
Answer: A financial report showing a firm's profit or loss over a period of
time.
◍ Over-the-Counter (OTC) Market.
Answer: A network for trading securities not listed on exchanges.
◍ Federal Open Market Committee (FOMC).
Answer: The group that sets monetary policy.
◍ Financial consequences of risk include:.
