Bihar Board 12th Business Studies Objective Questions and Answers
Bihar Board 12th Business Studies Objective Answers Chapter 9 Financial Management
Question 1.
Main functions of financial management are:
(A) Procurement of funds
(B) Utilisation of funds
(C) Allocation of net profits
(D) None of these
Answer:
(D) None of these
Question 2.
Financial management is :
(A) Art
(B) Science
(C) Art and science both
(D) None of these
Answer:
(C) Art and science both
Question 3.
Traditional approach of financial management was discarded during:
(A) 1910 – 20
(B) 1920 – 30
(C) 1930 – 40
(D) 1940 – 50
Answer:
(C) 1930 – 40
Question 4.
Financial manager takes decision as to:
(A) Finance
(B) Investment
(C) Dividend
(D) All the above
Answer:
(D) All the above
Question 5.
Modern approach of financial management is:
(A) Procurement of funds
(B) Utilisation of funds
(C) (A) and (B) both
(D) None of these
Answer:
(C) (A) and (B) both
Question 6.
Fixed capital needed for………..period :
(A) For short period
(B) For long period
(C) For both
(D) None of these
Answer:
(A) For short period
Question 7.
“……….are assets of a relatively permanent nature used in the operation of business and not intended for sale”:
(A) Fixed Assets
(B) Current Assets
(C) Intangible Assets
(D) None of these
Answer:
(A) Fixed Assets
Question 8.
“The sum of the current assets is the ………. of a business” – J.S. Mill:
(A) Fixed Capital
(B) Working Capital
(C) Total Capital
(D) Net Capital
Answer:
(A) Fixed Capital
Question 9.
Bank Overdraft facilities are available on :
(A) Savings Bank A/c
(B) Current A/c
(C) Term Deposit A/c
(D) All of these
Answer:
(B) Current A/c
Question 10.
Source of trade credit is :
(A) Long-term Finance
(B) Medium term Finance
(C) Short-term Finance
(D) None of these
Answer:
(A) Long-term Finance