CA Foundation Business Economics Questions 2023 - Part 32
Fri, 03 Mar 2023
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ACCA Financial Management FM Exam Practice Questions 2023 - Part 18
1. _______________ is the most appropriate goal of the firm.
A) Shareholder wealth maximization.
B) Profit maximization.
C) Stakeholder maximization.
D) EPS maximization
2. Treasurer should report to _______________.
A) Chief Financial Officer.
B) Vice President of Operations.
C) Chief Executive Officer.
D) Board of Directors.
3. ____________ is not normally a responsibility of the controller of the modern corporation
A) Budgets and forecasts
B) Asset management.
C) Financial reporting to the IRS.
D) Cost accounting.
4. In 2 years you are to receive Rs.10, 000. If the interest rate were to suddenly decrease, the present value of that future amount to you would __________.
A) Fall.
B) Rise.
C) Remain unchanged.
D) Cannot be determined.
5. A set of possible values that a random variable can assume and their associated probabilities of occurrence are referred to as __________.
A) Probability distribution.
B) The expected return
C) The standard deviation.
D) Coefficient of variation.
A) Shareholder wealth maximization.
B) Profit maximization.
C) Stakeholder maximization.
D) EPS maximization
2. Treasurer should report to _______________.
A) Chief Financial Officer.
B) Vice President of Operations.
C) Chief Executive Officer.
D) Board of Directors.
3. ____________ is not normally a responsibility of the controller of the modern corporation
A) Budgets and forecasts
B) Asset management.
C) Financial reporting to the IRS.
D) Cost accounting.
4. In 2 years you are to receive Rs.10, 000. If the interest rate were to suddenly decrease, the present value of that future amount to you would __________.
A) Fall.
B) Rise.
C) Remain unchanged.
D) Cannot be determined.
5. A set of possible values that a random variable can assume and their associated probabilities of occurrence are referred to as __________.
A) Probability distribution.
B) The expected return
C) The standard deviation.
D) Coefficient of variation.
1. Right Answer: A
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: A
Explanation:
Explanation:
2. Right Answer: A
Explanation:
3. Right Answer: B
Explanation:
4. Right Answer: B
Explanation:
5. Right Answer: A
Explanation:
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