Category: BFN203 1 BFN203 1 / 50 The practice where depreciation, tax liability and carryover losses are charged against income from other sources for a period of about three decades is called _________ Check 2 / 50 Investment is very important because it could be used to ------------------------- Generate unemployment Stops employment Frustrate employment Generate employment 3 / 50 The summation of all positive cash inflows from rent and other sources of ordinary income generated by a property, minus the amount of ongoing expenses is known as ………………. Check 4 / 50 The market for long term credit is------------------------- Debentures Shares Money market Labour market 5 / 50 The two sections that make up the Financial market are ____________ Money market and Stock market Capital market and Stock market Capital market and Stock budget Capital market and Commodity market 6 / 50 The money market is a market for __________ Long Debit Installment Long Term Debt Instrument Short Term Debt Instrument Mid Term Instrument 7 / 50 The rise in the prevailing price (market value) of a property over a period of time, being realized as a cash inflow whenever the property is sold is called …………….. Check 8 / 50 A property in the possession of a buyer can become a foreclosure if he or she fails to make a mortgage payment for at least ……………….. Check 9 / 50 The different methods of saving money is classified into ------------------------ Five Two Three Four 10 / 50 Mortgages are long term loans that are secured by--------------------------- Financial Assets Capital Assets Financial Statement Financial Interest 11 / 50 A common name for Gold, Silver, Platinum, Diamond and Copper is …………….. Check 12 / 50 Specific kinds of risk that may give rise to claims are known as--------------------- Shareholders Standard Cost Quasi Premium 13 / 50 Which of the following is not a step in personal financial planning process? Quick sort Examination Portability Assessment 14 / 50 Child’s allowance is given subject to maximum number of ----------------------- 10 children 8 children 7 children 9 children 15 / 50 A value investor buys undervalued securities while he sells …………… out of his investment portfolio in the capital market. Check 16 / 50 In finance, an investment involves utilization of funds in acquisition of financial assets such as financial securities and ________ Check 17 / 50 Usually, higher level-of-return investments are associated with higher ___________ Check 18 / 50 The ------------------account attracts commission on turnover (COT). Current Savings Budget Sales 19 / 50 One advantage of diversification is …………….. Check 20 / 50 …………….. refers to the amount of funds in the structure of the capital that is borrowed from outside sources of financing. Check 21 / 50 Personalize contract between two parties in which payment takes place at specific date in the future at today’s pre-determined price is known as ………….. Check 22 / 50 One of the ways to reduce the risk of investment is by ---------------------------------- Buying on credit Shareholders Selling on credit Marketing planning 23 / 50 Diversification means that an investor should invest in ------------------------------ Single asset Multiple asset Double asset Derived asset 24 / 50 …………… is an investment which is undertaking in order to reduce the risk of adverse price movement in financial asset. Check 25 / 50 The fundamental purpose of investment is to generate ___________ Check 26 / 50 Which of the followings is a money market instrument? Debentures Shares Capital Allowance Interest 27 / 50 Preference shares attract fixed rate of ……………….. Check 28 / 50 The major benefit from investment is the return on the __________ Stock sold Loan capital Share sold Share sort 29 / 50 Capital gains investing is the art of buying and selling an assets for __________ Credit A loss Expenses Gain 30 / 50 Motor vehicle insurance protects the policyholder against financial loss in the event of an------------------------------- Loss Lock down Flood Accident 31 / 50 ……………… involves contracts that subsist between two parties, which incorporate specific terms like Dates and Maturing values. Check 32 / 50 Another name for Contingency fund is ---------------------------- Consolidated fund Consolidated loan Consolidated interest Consolidated capital 33 / 50 According to economists, Investment is regarded as savings embarked upon as a result of __________ Check 34 / 50 Personal Financial planning process involves -------------------------------steps One step Four steps Three steps Two steps 35 / 50 A derivatives refers to a financial product which has its value dependent on the outcome of the original _________ Check 36 / 50 In property investment, a large portion of purchase price is through debt instrument such as: __________ Macro Credit Limited Capital Unlimited Credit Micro Credit 37 / 50 ………… derivatives are contracts that are transacted and privately sold directly between two parties, without going through any stock exchange. Check 38 / 50 Contingency fund could be classified into ------------------------------ Short-term and Medium-term Long-term and Short-term Long-term and Limited-term Long-term and Medium-term 39 / 50 According to Bhave (1994), one of the following is not a stage in the process of venture creation. Opportunity Recognition technique Opportunity Recognition stage Opportunity Demand stage Opportunity Recognition strategy 40 / 50 Workers’ compensation insurance replaces all or part of a worker’s wages lost and accompanying medical expenses incurred because of _________ Market-related progress Market-related sickness Market-related set up Market-related backwardness 41 / 50 Futures are derivatives in which the contracts to buy or sell a specific asset on a future date at a price ……………. Check 42 / 50 ________ refers to a form of investment that has some relative limited liquidity when compared to other forms of investment Check 43 / 50 Which of the following accounts attracts interest payment to the account holder? Sales account Savings account Current account Static account 44 / 50 The main advantage of the hedge is that it lowers the risk of an …………. Check 45 / 50 The strategic role of the Entrepreneur in creating a new venture revolves around --------------------------------------- Developing a new business site Developing a budget strategy Developing an old business site Re-strategizing market plan 46 / 50 Which of the following instrument is not traded in the Capital market? Ordinary Shares Common Shares Capital Shares Jointed Shares 47 / 50 How much allowance is provided per child in the Personal Income Tax Act (PITA)? N 1,050.00 N 1,600.00 N 1,650.00 N 1,500.00 48 / 50 Financial products of high net worth companies are regarded as -------------------- Yellow chip securities Blue chip securities Red chip securities Green chip securities 49 / 50 ………………… Refers to the increase in the investor’s equity ratio as the portion of debt service payments devoted to principal accrue over time. Check 50 / 50 Which of the following is not a reason for building personal cash flow? Debit Statement Transaction motive Transaction alert Alert confirmation Restart quiz Rate this quiz Send feedback
