MCQ on Financial Management -Set 1

MCQ ON FINANCIAL MANAGEMENT

MCQs on Financial Management are given below. It will help to analyze your understanding of the topic. The answers are also given for your reference.

1. Investment can be defined

A. Person’s dedication to purchasing a house or flat
B. Use of capital on assets to receive returns
C. Usage of money on a production process of products and services
D. Net additions made to the nation’s capital stocks

... Answer is "B"
Use of capital on assets to receive returns

2. The concept of Financial Management is-

A. Profit maximization
B. All features of obtaining and using financial resources for company operations
C. Organization of funds
D. Effective Management of every company

... Answer is "B"
All features of obtaining and using financial resources for company operations

3. What is the primary goal of financial management?

A. To minimize the risk
B. To maximize the return
C. To maximize the owner’s wealth
D. To raise profit

... Answer is "B"
To maximize the return

4. GST is a consumption of goods and service tax based on-

A. Development
B. Dividend
C. Duration
D. Destination

... Answer is "D"
Destination

5. The finance manager is accountable for

A. Earning capital assets of the company
B. Effective management of a fund
C. Arrangement of financial resources
D. Proper utilization of funds

... Answer is "C"
Arrangement of financial resources



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