Financial Management and Planning-Working Capital Management (CBSE-NET (UGC) Tourism Administration (Paper-II & Paper-III)): Questions 8 - 15 of 22

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Question number: 8

» Financial Management and Planning » Working Capital Management » Receivables Management

MCQ▾

Question

Which one of the following is component of credit terms?

Choices

Choice (4) Response

a.

Liquidity

b.

Cash discount

c.

Profitability

d.

All of the above

Question number: 9

» Financial Management and Planning » Working Capital Management » Inventory Management

MCQ▾

Question

The stocks of goods for sales and the components which are used to the products are?

Choices

Choice (4) Response

a.

Profit

b.

Cash

c.

Inventories

d.

Loss

Question number: 10

» Financial Management and Planning » Working Capital Management » Inventory Management

MCQ▾

Question

EOQ stands for

Choices

Choice (4) Response

a.

Easy Order Quantity

b.

Economic Observer Quantity

c.

Economic Order Quantity

d.

Easy observer Quality

Question number: 11

» Financial Management and Planning » Working Capital Management » Inventory Management

MCQ▾

Question

Which are incurred for holding a given level of inventory is called?

Choices

Choice (4) Response

a.

Ordering Cost

b.

Carrying Cost

c.

Inventory

d.

All of the above

Question number: 12

» Financial Management and Planning » Working Capital Management » Financing Current Assets

MCQ▾

Question

The firm’s investment in current assets is called?

Choices

Choice (4) Response

a.

Net Working Capital

b.

Gross Working Capital

c.

All of the above

d.

None of the above

Question number: 13

» Financial Management and Planning » Working Capital Management » Receivables Management

MCQ▾

Question

Trade credit is a tool of?

Choices

Choice (4) Response

a.

Motivation

b.

Marketing

c.

Leadership

d.

Decision Making

Question number: 14

» Financial Management and Planning » Working Capital Management » Financing Current Assets

MCQ▾

Question

The aim of Cash Management should be

Choices

Choice (4) Response

a.

Motivate employees to work hard

b.

To give bonus to the employees of the firm

c.

To increase expenses

d.

Maintain a right level of cash to help the firm

Question number: 15

» Financial Management and Planning » Working Capital Management » Receivables Management

MCQ▾

Question

“A liberal collection policy is required in the process of receivable policy” because of

Choices

Choice (4) Response

a.

Customers can pay twice for a product

b.

To minimize loss

c.

Most of the customers don’t pay bills on time

d.

To maximize profit

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