Which of the following best describes Financial Management? A) It is the specialty area of finance concerned with financial decision-making within a business entity. B) It is concerned with the use of funds - the buying, holding, or selling of all types of assets. C) It is concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations. D) All of the other choices best describe Financial Management. 2. Which of the following least describes Financing Decisions? A) Financing decisions are concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations. B) It is focused on the proper acquisition of cash, cash equivalents, and trading securities for use in a company's operations and investments. C) It involves incurring of debt, through bank loans or sale of bonds, to finance a company's operation and investments. D) It also deals with dividend decision, which involves how much of a company's profit should be 3. Investment decisions involve retained and how much to distribute to owners. A) An adjustment to the Cash, Cash equivalents, or trading securities account representing outflow of economic resources. B) An appropriate increase in long-term assets involving Property, Plant and Equipment held for sale, Land, and Investment Property. C) Decisions regarding the acquisition or disposal of assets that pertain to long-term economic gains of an entity. D) An increase in the financial assets and decrease in the financial liabilities of a firm. 4. Which of the statements does not agree with the objective of FinancialManagement? A) Financial Managers should choose alternatives that most increases the wealth of the owners of the business. B) Decisions of the Chief Financing Officer should attune to the maximization of the economic well-being of the shareholders of a company. C) Employees in the Finance department should opt to establish plans that seek to increase the long term financial value of a company. D) Financial Managers should establish strategic plans and enact necessary actions that contribute to the maximization of the current year's Net Income after Interest and Taxes.
1. Which of the following best describes
A) It is the specialty area of finance concerned with financial decision-making within a business entity.
B) It is concerned with the use of funds - the buying, holding, or selling of all types of assets.
C) It is concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations.
D) All of the other choices best describe Financial Management.
2. Which of the following least describes Financing Decisions?
A) Financing decisions are concerned with the procuring of funds that can be used for long-term investing and financing day-to-day operations.
B) It is focused on the proper acquisition of cash, cash equivalents, and trading securities for use in a company's operations and investments.
C) It involves incurring of debt, through bank loans or sale of bonds, to finance a company's operation and investments.
D) It also deals with dividend decision, which involves how much of a company's profit should be
3. Investment decisions involve retained and how much to distribute to owners.
A) An adjustment to the Cash, Cash equivalents, or trading securities account representing outflow of economic resources.
B) An appropriate increase in long-term assets involving Property, Plant and Equipment held for sale, Land, and Investment Property.
C) Decisions regarding the acquisition or disposal of assets that pertain to long-term economic gains of an entity.
D) An increase in the financial assets and decrease in the financial liabilities of a firm.
4. Which of the statements does not agree with the objective of FinancialManagement?
A) Financial Managers should choose alternatives that most increases the wealth of the owners of the business.
B) Decisions of the Chief Financing Officer should attune to the maximization of the economic well-being of the shareholders of a company.
C) Employees in the Finance department should opt to establish plans that seek to increase the long term financial value of a company.
D) Financial Managers should establish strategic plans and enact necessary actions that contribute to the maximization of the current year's Net Income after Interest and Taxes.
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