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(c) 12,500 units (d) Cash management (c) 2,125 units. option return rate; exercise value; option value; stock value That is an example of diminishing marginal utility. MCQ: In financial planning, the formula MAX[current price of stock-strike price‚0] is used to calculate. If the selling price is increased by 50% then the break-even level would now be: “Financial Planning is the process of meeting one’s life goals through the proper management of personal finances.” Bill pays $1,200 in monthly taxes. MCQ On Financial Management Financial Management is a study of planning, designing, directing and managing the economic activity such as the utilization of capital and acquisition of the firm. (b) may advise you to make investments that are designed to give them high commissions (a) Contribution per unit will always be less than the selling price per unit (a) age. is a process that firms employ only when major changes to a firm's operations are anticipated. (a) net assets (c) A shift to a new career should be influenced by your views of what will satisfy you. Which of the following do most Americans use to pay for a home loan? A lot can happen in a very short period of time and frequently checking in with your plan will make sure that you remain on track on working towards your goals. 3. (c) Cost of alternative investment (c) personal finance objective (d) Payback period (b) Using credit cards to pay your utility bills (b) $720 2. (b) Scrap value of equipment at the end of the investment period Financial Management Quiz: Objectives And Functions. (c) liquidity problem. (c) Human resource planning Financial Planning deals with: (a) Preparation of Financial Statements, (b)Planning for a Capital Issue, (c) Preparing Budgets, (d)All of the above. D. maximization of sales. (d) are not useful for individuals with a limited background in financial planning. Answer: c, An appropriate financial plan will probably not be influenced by one’s (a) Vision and strategy can be presented into a set of performance targets $30 for electricity and water. (c) £13.15 (d) Financial (a) Ordinary share (b) Lengthen the payback period (c) Identify alternative plans that could achieve your goals. ... personal … A. The financial plan of a person in a different financial position than yourself would be, An appropriate financial plan will probably not be influenced by one’s, When selecting the financial plan that will best enable you to achieve your goals, you. (d) None of these __________ is access to funds to cover any short-term cash deficiencies. If the debt is repaid after 120 days then the interest on this amount would be equal to: Interest on a debt of £500 is to be charged interest at 8% per annum. If the selling price were increased by 25% then the break-even level would now be: The _____ specifies the financial decisions that result from your personal financial planning. (a) the same as your financial plan. (a) Lower fixed costs. (d) Internal rate of return (c) It is hard to apply to firms making more than one product type Answer: d, Which of the following would not be an example of a capital project? C. maximization of consumer satisfaction. $50 for clothing. _Hasync.push(['Histats.fasi', '1']); Confidential Financial Planning Questionnaire Please save a copy of this Questionnaire to your computer, complete it to the extent possible and, if possible, return it to us by e-mail prior to the introductory meeting. b) the book value of the firm's assets less the book value of its liabilities c) the amount of salary paid to its employees. Based on the above information, Bill Peters’ after-tax disposable income is Answer: c, Which of the following probably would not be asked when considering your financial position? Free PDF Download of CBSE Business Studies Multiple Choice Questions for Class 12 with Answers Chapter 7 Directing. (a) What is your net worth? (b) Credit management (c) budget plan Answer: a, Which of the following would increase the level of output that needed to be sold to reach break-even? A(n) __________ represents what you give up as a result of making an alternative decision. Chapter 1: The principles of modern financial planning : Multiple choice questions: Multiple choice questions. (d) 1,600 units (d) Discount factor (c) 5,000 units. (c) Advertising (a) Tax What is the first step in building a financial portfolio for yourself? His monthly rent totals $1,000, and he incurs other monthly household payments as follows: Bill Peters’ net cash flow is (Question based on above Question), Please Share your comments using Facebook ID, FPSC CSS Past Papers 2017 | Download in PDF, PROFESSIONAL TEST MCQs (Set-1) for the Post of Senior Auditor, Accounting Principles & Procedures MCQs (Set-I) for FPSC Senior Auditor Tests, Advanced Level English Vocabulary MCQs (Set-15), Advanced Level English Vocabulary MCQs (Set-14), Advanced Level English Vocabulary MCQs (Set-13), Advanced Level English Vocabulary MCQs (Set-12), Advanced Level English Vocabulary MCQs (Set-11), Computer Network MCQs & Data Communication MCQs, Principles of Business & Financial Management MCQs | For FPSC, PCS Tests, Journal, Ledger & Cash Book MCQs | for FPSC and other related One Paper MCQs Tests. Analysis Of Financial Statements - MCQs with answers 1. Chapter 9: Financial planning Chapter 10: Management of working capital Chapter 11: International operations and investment Chapter 12: Financial risk management Chapter 13: The business life cycle and financial strategy Chapter 14: Financial strategies from start-up to growth (b) Area of profit The management of your loans would include. (a) Financial markets, option and forwards (b) Banking, financial institutions and swap currency (c) Investment, Financial management and Financial market & Financial institution (d) How much money you should maintain in your savings account The Internet facilitates financial planning by providing, If you give something up as a result of making a decision, you are incurring a(n). Which of the following probably would not be asked when considering your financial position? (b) It helps links strategic objectives to the budgeting procedure (a) How long the project will last for when using ARR (a) often provide analyses of investments that are very conservative. Answer: b, Bill Peters’ net cash flow is (Question based on above Question) If your income exceeds the amount that you wish to spend, you should __________ your investments or __________ loans. Which of the following is not a type of decision made to manage your liquidity? Answer: d, Which of the following is not a method of capital investment appraisal? (c) career decision. Financial Statement Analysis Multiple Choice Questions 1. Bill Peters receives a present salary of about $4,300 per month before taxes. (a) plan for working at a major brokerage firm (a) $2,100. Multiple Choice Questions Author: Personal Last modified by: Personal 2. (b) information on all parts of the financial plan, such as budgeting, managing liquidity, financing, investing, insurance, and retirement planning. Answer: d, Which of the following is incorrect? Financial Management MCQs with Answers download and read free.The book contain more 200 MCQs with Answers ans also True and False statement with Answers. A. maximization of profits. check it plz and place it here again, […] Financial Planning & Financial Management MCQs | for FPSC Senior Auditor… […], […] Check Also: Financial Planning & Financial Management MCQs | for FPSC Senior Auditor Posts […]. (b) plan to manage your liquidity Once you have completed the test, click on 'Submit Answers for Grading' to get your results. $400 for car expenses (monthly payment, insurance, maintenance, and gas) (a) 8% (b) Equipment required for new product launch Answer: c, Interest on a debt of £500 is to be charged interest at 8% per annum. Selling price £12 Answer: b, Bill Peters receives a present salary of about $4,300 per month before taxes. (a) 9.1% $50 for a health care plan. B. maximization of shareholder wealth. (c) $1,670. (c) Total direct costs Fixed overheads £40,000 (a) assets; liabilities (c) Reduce the NPV 3 It considers the management of risk A 1 and 2 only. Answer: b, 8. d) the market price per share of the firm's common stock. (c) assets; expenses var hs = document.createElement('script'); hs.type = 'text/javascript'; hs.async = true; (a) quotations that can be used when making financial decisions. Answer: a, Which of the following is not a perspective of the balanced scorecard? (a) Assessing the advice […] Which of the following would not be an example of a capital project? B. the firm is more likely to avoid insolvency in short run than other firms in the industry. (a) Proceeds from sale of machine to be replaced (b) personal budget _Hasync.push(['Histats.start', '1,3926547,4,408,270,55,00011111']); Variable cost per unit £8 … (c) Margin of safety (a) selecting a loan that charges a competitive low interest rate. Answer: c, Which of the following would be used in a capital investment decision? Answer: a, If your income exceeds the amount that you wish to spend, you should __________ your investments or __________ loans. Although when I think about what’s important in my business, it is not so much answering those questions (because lots of times people don’t understand, remember, or get around to it), it’s really about getting to the heart of the important issues and knowing the right questions to ask. (a) may choose a different financial plan than an individual in the same financial position Test your knowledge of the financial statements with multiple choice questions and quizzes. When constructing a budget, it is helpful to use a personal cash flow statement, which measures a person’s __________ and __________. Answer: a, Contribution can be best expressed as: (d) reduce; obtain more (b) wealth. Which of the following is not a method of capital investment appraisal? (d) Revenues received after the payback period when using the payback method. (c) People understand how they can contribute to the strategic success of the firm (c) Extension to existing premises (c) Whether you should use credit cards as a means of borrowing money Having a __________ level of future wealth (from more savings) requires you to sacrifice by having a __________ level of spending today. Your __________ is (are) the value of what you own minus the value of what you owe. Subject: Business / Finance Question 1) The goal of the firm should be. (a) 18,750 units. Financial planning starts with the preparation of:(a) Master Budget,(b) Cash Budget,(c) Balance Sheet, (d)None of the above. A firm has a higher quick (or acid test) ratio than the industry average, which implies. (d) $2,100. Answer: b, Which of the following pieces of information will not be needed to ascertain the break-even volume level? Answer: a, Which of the following is not a type of decision made to manage your liquidity? You have to select the right answer to a question. With fixed overheads at £16,000 per period, the variable cost at £7.50 per unit and each unit sold for £10, we can infer that the break-even point is: Which of the following would increase the level of output that needed to be sold to reach break-even? (d) Becoming a financial adviser (b) different from your financial plan. (b) increase; repay existing Answer: d, The number of units in excess of the break-even point is otherwise known as: Financial planning: focuses solely on the short-term outlook for a firm. Bill’s other typical monthly expenses are listed below: Planning - MCQs with answers - Part 1 1. Answer: d, Given the following data: (d) 10% (a) Insurance Bill pays $1,200 in monthly taxes. Answer: c, With fixed overheads at £16,000 per period, the variable cost at £7.50 per unit and each unit sold for £10, we can infer that the break-even point is: This page consists of complete chaper conceptual overviews. 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