BFN209 EXAM PRACTICE QUESTIONS AND ANSWERS IN NOUN

DISCLAIMER:BFN209 PAST QUESTIONS AND ANSWERS IN NOUN IS A SERIES OF PAST QUESTIONS AND ANSWERS PROVIDED FOR EXAM PREPARATIONS; THEREFORE, IT IS ALSO IMPORTANT YOU USE THE EXAM KEYNOTES ALONGSIDE.

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What is described as the provision of money at the time it is required?

a. equity

b. income

c. finance.

d. Profit

According to Oyekanmi (2003), finance is defined as ………

a. Business transactions

b. Economic activities

c. Investment strategies

d. Money affairs or money matters

What is considered the common denominator for the full range of activities performed

in business?

a. resources

b. Man-hour

c. Money

d. Skill

Supervising the firm?s cash and other liquid holdings, raising additional funds when

required is described as what function?

a. Pricing

b. Accounting and Control

c. financing and investment.

d. Forecasting and Long-Run Planning

Preference shareholders receive dividend at a ?

a. bond rate

b. fixed rate

c. variable rate

d. mixed rate

which of the following is not a central role of finance manager?

a. Selecting and evaluating projects

b. raising of funds

c. planning of manpower needs

d. Budgeting

Sources of finance can be divided into internal and ?

a. required

b. minor

c. major

d. External

Which of the following is NOT part of the original field of finance?

a.Capital market

b. Marketing strategies

c. Financial Institutions

d. Instruments of finance

Finance can be likened to a ?

a. shock absorber

b. iron

c. lubricant

d. Mirror

Apart from money the the other two elements are operation and

a. personnel

b. mangement

c. marketing

d. Economis

The basic elements of cash flow include the following except

a. investing activities

b. operating activities

c. Selling activities

d. financing activities

What may be expressed as the amount a business can spend in a period and be as ?well

off? at the end of the period than as at the beginning?

a. dividend

b. income

c. risk

d. profit

What is the exchange that serves as an intermediary between fundraisers and suppliers?

of capital in Nigeria?

a. SEC

b. CBN

c. NSE

d. NDIC

In conclusion

Kindly note that the above practice questions and answers are not limited to the above questions and answers.

More practice questions and answers will bw updated from time to time. So do well to come back checking for more.

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