Which is least true? Finance decisions influence the
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A. S/he is the Chief Executive Officer of the organization.
B. S/he is the Chief Executive Officer of the organization.
C. He maintains records, prepares progressive financial report through auditing, financial/managerial accounting.
D. Finance manager's position is significant
Answer: A
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A. Profit maximization
B. Profit maximization
C. Survival of the organisation
D. Perpetuation in office of the Finance Manager
Answer: D
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A. Prices of raw materials and general cost of production
B. The Sales/Manrketing Manager
C. Forces of demand and supply
D. The Financial Manager
Answer: C
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A. Preparation of budgets.
B. Manages the enterprise's liquid assets
C. Investment financing
D. Supervision of Production staff
Answer: D
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A. Chief Finance Officer
B. Director of Finance
C. General Manager, Finance
D. Managing Director, Finance.
Answer: D
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A. consolidates many duties in fewer sections and units.
B. shuts down the finance section to save cost.
C. outsources the finance function.
D. maintains a competent group of finance people.
Answer: A
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A. the age and location of the organisation.
B. ownership and culture of the organisation.
C. the size and magnitude of the business organisation.
D. None of the following.
Answer: C
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A. Raising funds
B. Procurement of raw materials for manufacturing
C. Selecting and evaluating projects
D. Budgeting
Answer: B
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A. Record keeping and reporting.
B. Custody and safeguarding of securities, insurance policies and other valuable papers.
C. Supervision of cash receipts and payments and cash balances safeguarding
D. None of the alternatives
Answer: D
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