781. Tofinancial analysts, “gross working capital” means the same thing as ________.
A.Fixed assets.
B.Current assets.
C.Working capital.
D.Cost of capital.

782. An example of fixed asset is________.
A.Live stock.
B.Value stock.
C.Income stock.
D.All of the above.

783. The only feasible purpose of financial management is
A. Wealth Maximization
B. Sales Maximization
C. Profit Maximization
D. Assets maximization

784. Financial management process deals with
A. Investments
B. Financing decisions
C. Both a and b
D. None of the above

785. Agency cost consists of
A. Binding
B. Monitoring
C. Opportunity and structure cost
D. All of the above

786. Finance Function comprises
A. Safe custody of funds only
B. Expenditure of funds only
C. Procurement of finance only
D. Procurement & effective use of funds

787. The objective of wealth maximization takes into account
A. Amount of returns expected
B. Timing of anticipated returns
C. Risk associated with uncertainty of returns
D. All of the above

788. Financial management mainly focuses on
A. Efficient management of every business
B. Brand dimension
C. Arrangement of funds
D. All elements of acquiring and using means of financial resources for financial activities

789. Time value of money indicates that
A. A unit of money obtained today is worth more than a unit of money obtained in future
B. A unit of money obtained today is worth less than a unit of money obtained in future
C. There is no difference in the value of money obtained today and tomorrow
D. None of the above

790. Time value of money supports the comparison of cash flows recorded at different time period by
A. Discounting all cash flows to a common point of time
B. Compounding all cash flows to a common point of time
C. Using either a or b
D. None of the above.

NOTE
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