Updated MCQ in Financial Management
Financial Management MCQ – 1 1. Funds are financial resources in the form of: (a) Corporate capital (b) Business funds (c) Cash Equivalents (d) All of these Ans- (d) All of these 2. An asset that derives value from a contractual Claim is called as (a) Fictitious asset (b) Financial asset (c)Tangible asset (d) Real asset Ans-(b) Financial asset 3. The government finance which includs the principles and practices relating to the Procurement and management of funds for Central Government, and Local bodies is known as: (a) Public finance (b) Business Finance (c)Private Finance (d)All of these Ans- (a) Public finance 4. Business finance deals with which of the following? (a) Utilize funds efficiently (b) Procuring funds from different sources on fair terms (c) Both of these (d) None of these Ans- (c) Both of these 5. The managerial process which is concerned with the planning and control of financial resources is called as: (a) Control function (b) Finance function (c) Management function