FIN2603-24-S1 Welcome Message Assessment 1
QUIZ
Started on Thursday, 7 March 2024, 7:19 AM
State Finished
Completed on Thursday, 7 March 2024, 8:00 AM
Time taken 40 mins 46 secs
Question 1
Complete
Marked out of 1.00
Any organisation that is managed in accordance with business principles should be able to ensure its survival because it will
...
Select one:
a. plan its cash inflows and outflows by means of a cash budget.
b. maximise its revenue from sales and control its expenses.
c. keep its cost of financing as low as possible.
d. undertake all the above-mentioned financial measures.
Question 2
Complete
Marked out of 1.00
During periods where the consumer price index (CPI) is expected to decrease, a retail firm will have to ...
Select one:
a. apply credit standards more strictly due to declining interest rates, increase in sales, but a slowdown of cash inflow.
b. budget more conservatively as a result of rising interest rates, a decline in sales and an increase in bad debts.
c. expand due to declining interest rates, an increase in sales and improved feasibility of investment opportunities.
d. relax credit standards due to a decline in sales, a decrease in bad debts and a slowdown of cash outflow.
, Question 3
Complete
Marked out of 1.00
Finance can be defined as the ...
Select one:
a. science of the production, distribution and consumption of wealth.
b. art of merchandising products and services.
c. system of debits and credits.
d. art and science of managing money.
Question 4
Complete
Marked out of 1.00
If the company's managers are NOT owners of the company, they are ...
Select one:
a. traders.
b. outsiders.
c. agents.
d. dealers.
Question 5
Complete
Marked out of 1.00
The long-term financial goal of the firm may be achieved by ...
Select one:
a. maximising revenue and minimising expenses.
b. accelerating cash inflows.
c. minimising the cost of capital and maximising the internal rate of return (IRR).
d. maximising the assets relative to the liabilities.
QUIZ
Started on Thursday, 7 March 2024, 7:19 AM
State Finished
Completed on Thursday, 7 March 2024, 8:00 AM
Time taken 40 mins 46 secs
Question 1
Complete
Marked out of 1.00
Any organisation that is managed in accordance with business principles should be able to ensure its survival because it will
...
Select one:
a. plan its cash inflows and outflows by means of a cash budget.
b. maximise its revenue from sales and control its expenses.
c. keep its cost of financing as low as possible.
d. undertake all the above-mentioned financial measures.
Question 2
Complete
Marked out of 1.00
During periods where the consumer price index (CPI) is expected to decrease, a retail firm will have to ...
Select one:
a. apply credit standards more strictly due to declining interest rates, increase in sales, but a slowdown of cash inflow.
b. budget more conservatively as a result of rising interest rates, a decline in sales and an increase in bad debts.
c. expand due to declining interest rates, an increase in sales and improved feasibility of investment opportunities.
d. relax credit standards due to a decline in sales, a decrease in bad debts and a slowdown of cash outflow.
, Question 3
Complete
Marked out of 1.00
Finance can be defined as the ...
Select one:
a. science of the production, distribution and consumption of wealth.
b. art of merchandising products and services.
c. system of debits and credits.
d. art and science of managing money.
Question 4
Complete
Marked out of 1.00
If the company's managers are NOT owners of the company, they are ...
Select one:
a. traders.
b. outsiders.
c. agents.
d. dealers.
Question 5
Complete
Marked out of 1.00
The long-term financial goal of the firm may be achieved by ...
Select one:
a. maximising revenue and minimising expenses.
b. accelerating cash inflows.
c. minimising the cost of capital and maximising the internal rate of return (IRR).
d. maximising the assets relative to the liabilities.
