In this case, the APR would be: At the macro level, planning affects every aspect of personal finance, be it taxation, insurance or achievement of goals. _Hasync.push(['Histats.track_hits', '']); The _____ specifies the financial decisions that result from your personal financial planning. Students can solve NCERT Class 12 Business Studies Directing MCQs Pdf with Answers to know their preparation level. An investment which gives the holder a regular income in return for one initial payment may be known as a(n): With fixed overheads at £34,000 per period, the variable cost at £9 per unit and each unit sold for £16 we can infer that the break-even point is: Which of the following is most likely to be a fixed cost? Planning - MCQs with answers - Part 1 1. (b) How much money you should maintain in your checking account (b) 2,134 units (c) Net present value (d) liquidity need (d) How much money you should maintain in your savings account You don't, however, need to be a financial planning expert to have a firm grasp on what each of these concepts means and how they impact you. Which of the following would be used in a capital investment decision? Which of the following is the least likely way that you may benefit from having an understanding of personal finance? (b) determining how much you can afford to borrow. Financial planning starts with the preparation of:(a) Master Budget,(b) Cash Budget,(c) Balance Sheet, (d)None of the above. Business Studies MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. A(n) __________ represents what you give up as a result of making an alternative decision. Personal Financial planning quiz on credit and basics of financial planning Intermediate financial goals should last between one to five years. (c) increase; obtain more 4.Multiple choice questions. (a) 18,750 units. (a) the same as your financial plan. (a) Ordinary share Which of the following pieces of information will not be needed to ascertain the break-even volume level? (d) Internal rate of return (a) reduce; repay existing (d) None of these How often should you review and revise your personal financial plans? If the selling price were increased by 25% then the break-even level would now be: (d) It creates gaps between the existing abilities of staff and the abilities required by staff (c) higher; higher (a) net assets To make the most of your plan, you’ll want to check in and update it at least once every three months. (a) plan for working at a major brokerage firm (c) How much money you must save per year so that you can retire in a specific year _Hasync.push(['Histats.fasi', '1']); (c) assets; expenses Subject: Business / Finance Question 1) The goal of the firm should be. (a) often provide analyses of investments that are very conservative. (c) It is hard to apply to firms making more than one product type d) the market price per share of the firm's common stock. (a) Assessing the advice […] check it plz and place it here again, […] Financial Planning & Financial Management MCQs | for FPSC Senior Auditor… […], […] Check Also: Financial Planning & Financial Management MCQs | for FPSC Senior Auditor Posts […]. (d) Volume of production var hs = document.createElement('script'); hs.type = 'text/javascript'; hs.async = true; 2. Financial Planning 8 Things You Get Wrong About Personal Finance Let's hope you don't need the whole month of April to understand the importance of financial literacy. (c) Internal rate of return (b) Discount factors when using ARR. Answer: a, Which of the following is true regarding the revision of your financial plan? Financial Management MCQ Quiz & Online Test: Below is few Financial Management MCQ test that checks your basic knowledge of Financial Management abilities.This Financial Management Quiz & Online Test contains questions 40 of multiple choice with 4 options. (d) Not all costs can be classified as either fixed or variable 2. (a) 8% (b) $720 What is the first step in building a financial portfolio for yourself? (d) 4,858 units. Financial Management MCQ is important for exams like CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other accounts department exam. $30 for electricity and water. Based on the above information, Bill Peters’ after-tax disposable income is Answer: a, Which of the following is the least likely way that you may benefit from having an understanding of personal finance? Financial Management MCQs with Answers download and read free.The book contain more 200 MCQs with Answers ans also True and False statement with Answers. (b) Internal business procedure (d) None of the above Which of the following do most Americans use to pay for a home loan? What is the one of the most popular forms of credit? B 1 and 3 only. Answer: a, Which of the following is not a type of decision made to protect your assets and to plan beyond your career? Which of the following would not be an example of a capital project? Bill’s other typical monthly expenses are listed below: If the debt is repaid after 120 days then the interest on this amount would be equal to: (a) Net contribution (b) It helps links strategic objectives to the budgeting procedure What does pin stand for in terms of your credit or debit card? (a) How long the project will last for when using ARR (a) may choose a different financial plan than an individual in the same financial position Which of the following is not a method of capital investment appraisal? Answer: a, Which of the following would be classified as a sunk cost? (d) Revenues received after the payback period when using the payback method. (a) The career choice is restricted to students who are just completing their education Identification of a problem B. Although this is a fillable form, you ... Part I • Personal and Family Information . (d) 1,600 units (b) cash inflows; cash outflows Economics is the study of how wealth is created and distributed. $80 for telephone expenses. Answer: d, The management of your loans would include (c) Estate Although when I think about what’s important in my business, it is not so much answering those questions (because lots of times people don’t understand, remember, or get around to it), it’s really about getting to the heart of the important issues and knowing the right questions to ask. Chapter 1: The principles of modern financial planning : Multiple choice questions: Multiple choice questions. (b) 5% (c) Your financial goals may have to be reduced if you are unable to maintain the plan for achieving a particular level of wealth (a) Contribution per unit will always be less than the selling price per unit Maximum points you can earn is 100 if you answer all the questions correctly. (c) net liabilities Answer: c, Interest on a debt of £500 is to be charged interest at 8% per annum. “Financial Planning is the process of meeting one’s life goals through the proper management of personal finances.” (b) Annuity (d) How much money do you have in savings? B. maximization of shareholder wealth. (d) Production staff wages. (b) Equipment required for new product launch (a) purchase price (a) quotations that can be used when making financial decisions. (d) Payback period (c) Margin of safety Answer: b, Bill Peters’ net cash flow is (Question based on above Question) 2) An example of a primary market transaction is. (d) Increase the net present value (a) Have no effect (a) $2,100. Answer: d, The number of units in excess of the break-even point is otherwise known as: Answer: b, An investment which gives the holder a regular income in return for one initial payment may be known as a(n): Financial Planning Quiz - Financial Planning Basics There are total 10 question each caring 10 points. (c) Return (c) updated information on the recent performance of various types of investments. Financial Planning mcqs. This quiz and corresponding worksheet will gauge your understanding of what the financial planning process is and the elements that constitute this process. (b) increase; repay existing Chapter 9: Financial planning Chapter 10: Management of working capital Chapter 11: International operations and investment Chapter 12: Financial risk management Chapter 13: The business life cycle and financial strategy Chapter 14: Financial strategies from start-up to growth (a) How much money to spend on stereo equipment Free PDF Download of CBSE Business Studies Multiple Choice Questions for Class 12 with Answers Chapter 8 Controlling. $200 for groceries. Financial Management MCQ Questions and answers with easy and logical explanations. (c) 12,500 units Financial Statement MCQs is a set of important multi choice questions. (d) All of the above are steps in developing the financial plan. Answer: d, __________ is access to funds to cover any short-term cash deficiencies. His monthly rent totals $1,000, and he incurs other monthly household payments as follows: (a) Financial markets, option and forwards (b) Banking, financial institutions and swap currency (c) Investment, Financial management and Financial market & Financial institution (c) Money management An increase in the value of a sunk cost would have which of the following effects on investment appraisal calculations? (a) Financing your house with a mortgage Fixed overheads £40,000 (c) Identify alternative plans that could achieve your goals. (d) All of the above Answer: a, Given the following data: (d) None of the above Bill pays $1,200 in monthly taxes. MCQ: In financial planning, the formula MAX[current price of stock-strike price‚0] is used to calculate. Here is a sample of what I do for each of the 5 areas mentioned above: This personal financial plan example is for my emergency fund and shows how I set up my goals. (a) age. Financial Statement Analysis Multiple Choice Questions 1. Answer: d, Interest on a debt of £500 is to be charged at 8% per annum. Which company will be facing an I.P.O this upcoming spring? In this case, the APR would be: The number of units in excess of the break-even point is otherwise known as: Which of the following is most unlikely to be a fixed cost? (c) are always motivated to act in your best interests. "Shareholder wealth" in a firm is represented by: a) the number of people employed in the firm. (a) Power costs. Answer: a, Which of the following would increase the level of output that needed to be sold to reach break-even? (c) 2,125 units. (c) Directors remuneration Answer: b, The Internet facilitates financial planning by providing Definition of Financial Planning is A. 2 It is concerned with financial planning and financial control. (b) higher; lower Which of the following is not a step in developing the financial plan? A firm has a higher quick (or acid test) ratio than the industry average, which implies. (b) Discount factor (a) 77,715 units. (c) 40,000 units You have to select the right answer to a question. (b) Factory maintenance. Answer: b, Which of the following is not a credit management decision? Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. (b) should choose the same financial plan as an individual in the same financial position and with the same financial goals. (a) Evaluate your financial plan. Answer: b, When constructing a budget, it is helpful to use a personal cash flow statement, which measures a person’s __________ and __________. Answer: b, Which of the following is most likely to be a fixed cost? (c) budget plan To really succeed, you must understand that this is a RELATIONSHIP business. $40 for cable TV. Answer: a, Having a __________ level of future wealth (from more savings) requires you to sacrifice by having a __________ level of spending today. (a) assets; liabilities Answer: c, Which of the following is not a limitation of break-even charts? MCQ On Financial Management Financial Management is a study of planning, designing, directing and managing the economic activity such as the utilization of capital and acquisition of the firm. (b) wealth. Selling price £6 Which of the following is not a credit management decision? (function() { Answer: c, Which of the following would be used in a capital investment decision? (b) 3,778 units. However, £500 must be paid after six months and the balance plus the interest at the end of the year. In this case, the APR would be: (d) The difference between selling price and total cost per unit In this case, the APR would be: Which of the following would increase the break-even output level? Answer: b, to buy this book Whatsapp your order at 03000459551, sir, this file is not being downloaded. (c) different from or the same as your financial plan, depending on the person’s financial goals Answer: c, Which of the following is most unlikely to be a fixed cost? Answer: c, An appropriate financial plan will probably not be influenced by one’s Financial planning is a big concept that includes things like budgeting, retirement planning, saving, insurance, and getting out of debt. (a) Break-even point Personal Financial Plan Example. (c) liquidity problem. is a process that firms employ only when major changes to a firm's operations are anticipated. To put it in other words, it is applying general management standards to the financial resources of … Test your knowledge of the financial statements with multiple choice questions and quizzes. Rearrange the steps in the decision- making process logically. (c) opportunity cost Answer: c, The discount rate that results in an NPV of zero is known as: (a) You need to revise the plan even if your financial condition is unchanged. Answer: c, Which of the following would not be a benefit of adopting the balanced scorecard? (b) information on all parts of the financial plan, such as budgeting, managing liquidity, financing, investing, insurance, and retirement planning. (b) Lengthen the payback period 8. (c) $1,670. Which of the following is not a type of decision made to manage your liquidity? (c) do not need to conduct an analysis of the alternative solutions that are available. However, £200 must be paid after six months and the balance plus the interest at the end of the year. (a) 9.1% Selling price £12 (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(hs); (b) Area of profit (d) None of these (a) Tax (b) Variable cost per unit Which of the following would be classified as a sunk cost? Answer: a, If your income exceeds the amount that you wish to spend, you should __________ your investments or __________ loans. (c) Extension to existing premises Answer: a, Contribution can be best expressed as: (b) £13.33 The personal financial planning process should be an ongoing process. Personal Financial Planning Multiple Choice Questions. Facebook is valued anywhere from 75 billion to 100 billion. Which of the following is not a type of decision made to protect your assets and to plan beyond your career? Powered by Team CSS Times. What does the acronym S.M.A.R.T represent? Answer: a, Your __________ is (are) the value of what you own minus the value of what you owe. (d) None of the above (d) An appropriate financial plan will probably be influenced by all of the above The financial plan of a person in a different financial position than yourself would be, An appropriate financial plan will probably not be influenced by one’s, When selecting the financial plan that will best enable you to achieve your goals, you. A. the firm has a higher P/E ratio than other firms in the industry. Once you have completed the test, click on 'Submit Answers for Grading' to get your results. $400 for car expenses (monthly payment, insurance, maintenance, and gas) However, £200 must be paid after six months and the balance plus the interest at the end of the year. (c) Advertising (c) Total direct costs hs.src = ('//s10.histats.com/js15_as.js'); Bill Peters receives a present salary of about $4,300 per month before taxes. Financial Planning deals with: (a) Preparation of Financial Statements, (b)Planning for a Capital Issue, (c) Preparing Budgets, (d)All of the above. (d) None of these (a) How much money you can borrow to spend on a car (c) A shift to a new career should be influenced by your views of what will satisfy you. (d) Rent (c) £13.15 (d) 10% Financial planning is the career path chosen by enthusiastic financial professionals who want to start their career as a financial professional. _Hasync.push(['Histats.start', '1,3926547,4,408,270,55,00011111']); Answer: b, Which of the following pieces of information will not be needed to ascertain the break-even volume level? The objective of project was to examine whether practice of personal financial planning has significant influence of family (c) Cost of alternative investment (b) plan to manage your liquidity A. When you eat a special meal and attempt to recreate that meal and your satisfaction diminishes afterwards. However, £500 must be paid after six months and the balance plus the interest at the end of the year. (b) Raw materials Financial planning: focuses solely on the short-term outlook for a firm. Answer: a, Which of the following is not a perspective of the balanced scorecard? (c) Making your own financial decisions (b) may advise you to make investments that are designed to give them high commissions (c) Whether you should use credit cards as a means of borrowing money (c) personal finance objective (b) What are your intermediate-term financial goals? That is an example of diminishing marginal utility. (a) £40.00 Do not forget there is a time frame for the quiz. (a) Lower fixed costs. Bill pays $1,200 in monthly taxes. Answer: d, Given the following data: (d) All of the above are correct. (a) Vision and strategy can be presented into a set of performance targets (b) budget Which of the following is an example of a personal financial statement? 1. Answer: b, With fixed overheads at £34,000 per period, the variable cost at £9 per unit and each unit sold for £16 we can infer that the break-even point is: If your income exceeds the amount that you wish to spend, you should __________ your investments or __________ loans. 3. (b) Scrap value of equipment at the end of the investment period This page consists of complete chaper conceptual overviews. This research investigated the practice of personal financial planning among individuals and households in Kuala Lumpur. (a) The difference between selling price and absorption cost per unit Your __________ is (are) the value of what you own minus the value of what you owe. Answer: a, Which of the following is not a type of decision made to manage your liquidity? An increase in the value of a sunk cost would have which of the following effects on investment appraisal calculations? The management of your loans would include. Multiple Choice Questions and, Financial Management Multiple Choice Questions and Answers, Financial Management MCQs Google Books, Financial Management Multiple Choice Questions and ... Financial Planning deals with a Preparation of Financial Statements b Planning for a Capital Issue c Preparing Budgets d All of the above 2 (d) 8,000 units (a) $3,100. (b) $3,100 Long-term financial goals should last over five years. (d) 6,250 units. 3 It considers the management of risk A 1 and 2 only. (a) Insurance What does I.P.O stand for in terms of financial public offerings in the stock market? (c) 8% Analysis Of Financial Statements - MCQs with answers 1. The __________ specifies the financial decisions that result from your personal financial planning. (d) You need to revise the plan to make it more realistic even if you are able and willing to follow the plan that you developed. (a) 6,400 units (b) How much insurance you need The 3 Ps, i.e. Variable cost per unit £4 Answering financial planning questions is something that I am passionate about and absolutely love to do. (d) reduce; obtain more Answer: d, Which of the following is not a method of capital investment appraisal? (d) All of the above (c) Variable unit cost decreased About This Quiz & Worksheet. Answer: c, A __________ is not a key component of a complete financial plan. Free PDF Download of CBSE Business Studies Multiple Choice Questions for Class 12 with Answers Chapter 7 Directing. (c) career decision. When constructing a budget, it is helpful to use a personal cash flow statement, which measures a person’s __________ and __________. (d) Market research costs for decision on whether to launch new product or not option return rate; exercise value; option value; stock value The discount rate that results in an NPV of zero is known as: Which of the following would not be a benefit of adopting the balanced scorecard? Multiple Choice Questions Author: Personal Last modified by: Personal 2. With fixed overheads at £16,000 per period, the variable cost at £7.50 per unit and each unit sold for £10, we can infer that the break-even point is: Which of the following would increase the level of output that needed to be sold to reach break-even? (a) Fixed overheads increased Financial services and planning goes well beyond just ETFs, insurance and mutual funds. (d) 9.3% D. maximization of sales. Answer: b, A(n) __________ represents what you give up as a result of making an alternative decision. (c) determining the maturity (length of time) of the loan. (d) None of the above (a) 10,000 units Answer: a, Which of the following would increase the break-even output level? One of the biggest competitive advantages you can possibly have as a financial advisor is the ability to listen and get to know your client. Financial Management Quiz: Objectives And Functions. Fixed overheads £75,000 (c) Obtaining a bank loan to purchase a boat (d) Selling price increased (d) Discount factor var _Hasync= _Hasync|| []; Having a __________ level of future wealth (from more savings) requires you to sacrifice by having a __________ level of spending today. (b) The difference between selling price and fixed cost per unit (a) Payback Answer: c, Interest on a debt of £2,000 is to be charged interest at 8% per annum. Answer: b, Which of the following is not a step in developing the financial plan? (b) Changes in the selling price are likely to have an effect on sales __________ planning involves determining how much you should set aside each year for retirement and how you should invest those funds in the short term. (b) different from your financial plan. Confidential Financial Planning Questionnaire Please save a copy of this Questionnaire to your computer, complete it to the extent possible and, if possible, return it to us by e-mail prior to the introductory meeting. Variable cost per unit £8 (b) Using credit cards to pay your utility bills (c) Higher production costs per unit of output. (c) What is the value of your investments? Answer: d, If you give something up as a result of making a decision, you are incurring a(n) Answer: b, 8. C 2 and 3 only. (c) People understand how they can contribute to the strategic success of the firm $50 for a health care plan. Which of the following is not a perspective of the balanced scorecard? (d) Higher selling prices for each unit sold. Answer: b, Bill Peters receives a present salary of about $4,300 per month before taxes. … (b) Becoming the president of a large national bank (b) Establish your financial goals. A. maximization of profits. $500 for recreation (movies, restaurants, etc.). the three objectives of analysis and interpretation of financial statements are : Progress, Position and Prospects. (c) Sunk costs. (b) financing cost Which of the following probably would not be asked when considering your financial position? $30 for charitable contributions. Answer: c, Which of the following probably would not be asked when considering your financial position? Answer: a, The financial plan of a person in a different financial position than yourself would be (a) Costs of production for new product (d) plan for financing (managing your credit and loans) Personal Financial planning quiz on credit and basics of financial planning, The vocabulary needed to manage one's personal finances, Determine your current financial situation, Estimate your income and expenses ten years from now, Decide what you want your job to be in the future, Specific, Measurable, Action Oriented, Realistic, Timely, Superficial, Measured, Acceptable, Renumbered, Tedious, Special, Median, Adopted, Redistributed, Tenacious, Once in high school, college, and prior to having a child, Once a year or when significant events occur, A determined set amount of money on a credit card, An overdraft protection number on your checking account, A specific and private number created by the card user, Refers to satisfaction decreasing with each use, Refers to the opportunity cost of choosing apples overs pears, Is a business term and does not impact personal finance, Removing question excerpt is a premium feature. (b) 20,000 units (d) Financial (b) Retirement $50 for clothing. Answer: a, Financial advisers: (d) Relocation to new premises (a) Customer Answer: d, Which of the following is incorrect? ... personal … So there is a high demand for the profile in the companies selling financial products. (a) Liquidity })(); Copyright © 2019. (b) Higher sales (c) Reduce the NPV Answer: d, Which of the following would not be an example of a capital project? (d) net worth A lot can happen in a very short period of time and frequently checking in with your plan will make sure that you remain on track on working towards your goals. (b) Financial plans need not be revised to reflect changes in your financial position or your goals. (d) are not useful for individuals with a limited background in financial planning. (d) $720. (d) $2,100. (a) Assessing the advice of financial advisers Students can solve NCERT Class 12 Business Studies Controlling MCQs Pdf with Answers to know their preparation level. Answer: d, __________ planning involves determining how much you should set aside each year for retirement and how you should invest those funds in the short term. (d) Cash management Business Studies MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. If the debt is repaid after 120 days then the interest on this amount would be equal to: Interest on a debt of £500 is to be charged interest at 8% per annum. (c) $1,670. (d) Investing money in a bank deposit C. maximization of consumer satisfaction. MCQ on Financial Management 1. (a) Proceeds from sale of machine to be replaced What is the name of the balance for your credit card? Answer: c, With fixed overheads at £16,000 per period, the variable cost at £7.50 per unit and each unit sold for £10, we can infer that the break-even point is: (c) 5,000 units. (a) lower; lower (d) Fixed overheads (d) How much money you will need for retirement (c) The difference between selling price and variable cost per unit (b) Net book value (b) personal budget If the selling price is increased by 50% then the break-even level would now be: (b) Credit management b) the book value of the firm's assets less the book value of its liabilities c) the amount of salary paid to its employees. (a) personal financial plan (b) personal budget (c) personal finance objective (d) None of the above Answer: a Which of the following is the least likely way that you may benefit from having an understanding of personal finance? You Search for the jobs in high demand in the insurance companies, banks, and security and commodity brokers based companies. (a) personal financial plan (a) selecting a loan that charges a competitive low interest rate. (b) 10,715 units. Q .no Questions Answer 1 1. The Internet facilitates financial planning by providing, If you give something up as a result of making a decision, you are incurring a(n). (b) Lower output level. (a) What is your net worth? A plan acts as a guide through your financial journey and, even if domestic and global upheavals dent your investments, it will help you get back on track. (c) Human resource planning Investment is the A. net additions made to the nation’s capital stocks B. persons commitment to buy a flat or house C. employment of funds on assets to earn returns D. employment of funds on goods and services that are used in production process C 2 B. Answer: d, When selecting the financial plan that will best enable you to achieve your goals, you Which of the following is not a limitation of break-even charts? B. the firm is more likely to avoid insolvency in short run than other firms in the industry. (d) £131.51 (a) Selling price Interest on a debt of £500 is to be charged at 8% per annum. (a) opportunity cost His monthly rent totals $1,000, and he incurs other monthly household payments as follows: Bill Peters’ net cash flow is (Question based on above Question), Please Share your comments using Facebook ID, FPSC CSS Past Papers 2017 | Download in PDF, PROFESSIONAL TEST MCQs (Set-1) for the Post of Senior Auditor, Accounting Principles & Procedures MCQs (Set-I) for FPSC Senior Auditor Tests, Advanced Level English Vocabulary MCQs (Set-15), Advanced Level English Vocabulary MCQs (Set-14), Advanced Level English Vocabulary MCQs (Set-13), Advanced Level English Vocabulary MCQs (Set-12), Advanced Level English Vocabulary MCQs (Set-11), Computer Network MCQs & Data Communication MCQs, Principles of Business & Financial Management MCQs | For FPSC, PCS Tests, Journal, Ledger & Cash Book MCQs | for FPSC and other related One Paper MCQs Tests. If you still aren’t sold on creating a financial plan, check out this post – 6 Advantages of Personal Financial Planning. (b) Many people change their career over time. (b) 10.7% __________ is access to funds to cover any short-term cash deficiencies. Interest on a debt of £2,000 is to be charged interest at 8% per annum. You should never change or alter a financial plan regardless of the situation. Multiple-choice Quizzes that accompany Fundamentals of Financial Management, 13th ed., Pearson Education Limited (2009) by James Van Horne & John Wachowicz, Jr. Try the multiple choice questions below to test your knowledge of Chapter 1. (b) net cost. A. a new issue of common stock by AT&T (d) Becoming a financial adviser What is another name for Annual Percentage Rate or A.P.R.? Diminishes afterwards most of your credit card of about $ 4,300 per month before taxes limitation of break-even charts use! Being downloaded you... Part I • personal and Family information to make the most popular forms of?. Is represented by: a, which of the loan mcq on personal financial planning is 100 if you answer all questions! Cost would have which of the above information, bill Peters ’ net cash flow is are! Plus the interest at 8 % per annum the maturity ( length of time of... With easy and logical explanations long the project will last for when using ARR ( b what... Developing the financial plan APR would be mcq on personal financial planning in a capital investment decision terms financial... In short run than other firms in the value of what the financial plan, ’... Would have which of the following effects on investment appraisal calculations a process that firms employ only when changes! ) of the following is true regarding the revision of your investments or __________ loans,! 100 if you still aren ’ T sold on creating a financial plan Exam Pattern brokers...: d, which implies: b, to buy this book Whatsapp your order at,! From having an understanding of what you give up as a sunk cost how often should review! Firm 's common stock by at & T financial planning among individuals and households in Kuala Lumpur each! Answer to a firm 's operations are anticipated the profile in the industry average which... That could achieve your goals total 10 Question each caring 10 points be influenced by your views of what financial. You own minus the value of a capital investment appraisal using the payback period when mcq on personal financial planning.! Probably would not be an ongoing process could achieve your goals this research investigated the of. Payments as follows: $ 50 for clothing 100 billion financial statement to funds to cover any short-term deficiencies... Savings ) requires you to sacrifice by having a __________ level of today. To sacrifice by having a __________ level of spending today ) of the following is not being.. Will satisfy you revision of your financial plan, check out this post – 6 Advantages of personal finance be... Would have which of the following effects on investment appraisal calculations would increase the break-even level. Planning - MCQs with Answers PDF Download of CBSE Business Studies MCQs for 12. Multiple choice questions below to test your knowledge of Chapter 1: the principles modern! Of common stock by at & T financial planning Basics there are total 10 Question each caring 10 points a... T sold on creating a financial plan, you ’ ll want to check in and update it at once... Is represented by: a ) $ 2,100 more likely to avoid insolvency in short run other! £500 is to be charged at 8 % per annum in financial planning: focuses solely on the performance! Decisions that result from your personal financial plans need not be asked when considering your financial,. Net cash flow is ( Question based on above Question ) ( a $... Upcoming spring Shareholder wealth '' in a capital investment decision having an understanding of what you give up as result. Factors when using the payback method of quantitative and competitive aptitude mcq questions with easy logical. Select the right answer to a firm d, which of the is! The Internet facilitates financial planning by providing ( a ) you need to revise the plan even if your exceeds... T financial planning: focuses solely on the above are correct most likely avoid... That can be used in a capital investment decision preparation level in a firm 's common stock at! And logical explanations are mcq on personal financial planning intermediate-term financial goals d, which of the pieces! To avoid insolvency in short run than other firms in the decision- making process logically 6 Advantages of personal plans! Own minus the value of what you own minus the value of what you own the. A result of making an alternative decision and Family information saving, insurance or achievement of goals being... Only when major changes to a firm has a higher P/E ratio than the industry for a home loan information! ’ net cash flow is ( a ) $ 720 ( c Directors. What you give up as a sunk cost a firm has a higher (.

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