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FIN 101 CBT PRACTICE

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Take your time to read instructions before taking this test.

 

 

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There are 40 questions which you are to answer in 15 minutes that gives you roughly 30 seconds per question.

 

If you can get at least 60%, you can be rest assured that you’ll ace FIN 101 exam

 

PS

 

In a normal exam you will be asked between 40 – 60 questions but I only arranged 40 questions

 

Note

 

Do not be in a hurry to answer the questions

Do not waste time on a question you don’t know

Move as fast as possible and starting with questions that don’t have calculation first to save time

Always crosscheck

Don’t be in a hurry to submit, you are not in a competition

Don’t be scared. Getting an A is easy

Don’t be over confident, you can end up a D, E or F. Calm your blood, no be only you sabi book

Please do well to use our comment box incase there’s a message you want to pass to us

70 – 100 A

 

60 – 69 B

 

50 – 59 C

 

45 – 49 D

 

40 – 44 E

 

0 – 39 F

 

I wish you success

 

FUOYE FRESHERS GENERAL GRP

 

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I remain your favorite education blogger 😉

 

❤️ Undergragra

184

FIN 101

1 / 40

1. The ----------- of profits distributed as dividend is called the dividend-payout ratio.

2 / 40

2. Shareholders invest their money in the shares of a company in the expectation of a return on their invested ----------- .

3 / 40

3. Which of the following was not always a major events in the life the firm for raising funds

4 / 40

4. There are two kinds of markets, namely real assets and ---------

5 / 40

5. A ----------- can also obtain equity funds by retaining earnings available for shareholders

6 / 40

6. Profit maximization objective is not always clear to stakeholders of the firm.

7 / 40

7. Cash flow element include ----------------

8 / 40

8. Shareholders can be of two types, namely preference and --------------------

9 / 40

9. The capital structure of a firm could be defined as -------------

10 / 40

10. ---------- decisions involve capital expenditures which are referred to as capital budgeting decision.

11 / 40

11. A business is a concern, an enterprise, or organization set up by an individual or group of individuals for the purpose of making -------- from operations of the concern.

12 / 40

12. Price mechanism is a vital organ of a ---------------, showing the goods and services required in the community.

13 / 40

13. Buyers of shares are called ------------------------

14 / 40

14. Intangible ------------ include copyrights, patent, technical know-how.

15 / 40

15. Undistributed profits is also known as ----------------

16 / 40

16. --------------- is an example of external finance

17 / 40

17. Business need to hold cash to achieve the ------------- motive

18 / 40

18. Profit planning is not related to considering ----

19 / 40

19. Money is the common denominator for the full range of activities performed in the business.

20 / 40

20. According to Hornby (2001), finance is the money need or needed to--------- an activity, project, programme etc. and or the management ofmoney.

21 / 40

21. ----------- is an example of fixed asset

22 / 40

22. xternal finance is also known to as ------- fund/finance

23 / 40

23. ----------------- are risks of losses because of unforeseen intervention by governments.

24 / 40

24. ------------------ is a book in which receipts and payment of money are recorded

25 / 40

25. A ------------ is a certificate stating the amount of money lent by a holder to the company.

26 / 40

26. The capital structure is said to be optimum when the market value of shares is --------------.

27 / 40

27. ----------------- are risks of losses because of unforeseen intervention by governments.

28 / 40

28. --------- represent ownership rights of their holders

29 / 40

29. ------- evolved from economics as its branch in the early part of the 20th century

30 / 40

30. Internal finance is also known to as ------- fund/finance

31 / 40

31. Finance manager's duties include ______________

32 / 40

32. Financial decisions is concerned with the acquisition and not disposal of assets through commitment or re-commitment of funds on a continuous basis.

33 / 40

33. Finance may be defined as the provision of money at the time it is-----------

34 / 40

34. ---------- shareholders receive dividend at a fixed rate and they enjoy a priority over ordinary shareholders.

35 / 40

35. According to Anao (1993), which one of the following is an example of money or near-money

36 / 40

36. The --------- are expected to be arranged in such a way that fund (money) is always available to make necessary payments as they arise.

37 / 40

37. The balance sheet is more important than other financial statements to report the activities and performance of the firm

38 / 40

38. Profit after tax is --------------- item

39 / 40

39. The accounting and control function for the finance manager include

40 / 40

40. In a financial system, the Household are also referred to as ____________

Your score is

The average score is 25%

0%

Please do well to drop a comment if this has really helped you. Thanks❤️

Ace/Undergragra

Ace aka Undergragra is a 500 Level Computer Engineering Student in the Federal University Oye-Ekiti. He is a passionate teacher,writer,educational consultant and educational informant.
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