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Exam (elaborations)

Fin2603 Exam Pack 2023

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FIN2603 EXAM PACK 2023 FIN2603 EXAM PACK 2023 FIN2603 EXAM PACK 2023

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FIN2603 EXAM PACK 2023
WITH VERIFIED QAS

,FIN2603 Exam
Pack 2022.
100% Verified Q
And A.

, The part of finance concerned with design and delivery of advice and financial products to
individuals, businesses and the government is called ...






A. managerial finance.




B. financial advice.




C. financial services.




D. financial planning.



Answer Key:C

Question 2 of 20
1.0 Points
What financial securities are likely to be traded on the JSE Limited?






A. Ordinary shares




B. Treasury bills




C. Commercial paper




D. Company bonds

, Answer Key:A

Question 3 of 20
1.0 Points
The primary goal of a publicly-owned firm interested in serving its shareholders should be to
...






A. minimise the debt used by the firm.




B. maximise the EPS.




C. maximise the share price.




D. maximise the expected net income.



Answer Key:B

Question 4 of 20
1.0 Points
Any organisation that is managed in accordance with business principles should be able to
ensure its survival because it will ...






A. maximise its revenue from sales and control its expenses.




B. plan its cash inflows and outflows by means of a cash budget.

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