BFN 209 NOUN TMA Past Questions & Answers 2019

1. Question
The following are the main components of working capital management except for______
Answer
Fixed income

2. Question
One of the following is not contained in the memorandum of association of a company
Answer
address of the company and the reason why it is in existence

3. Question
The finance function to staff and departments will be dependent upon the size and _______of the business organization.
Answer
magnitude

4. Question
A person responsible for performing finance functions In a modern firm is known as ___________
Answer
Financial Manager

5. Question
_______allows for dividend payment to be deferred if a firm does not make an adequate profit to pay such dividend.
Answer
Cumulative preference shares

6. Question
The following are the motives for holding cash except for_______
Answer
Budgetary motive

7. Question
Cash management is concerned with the management of the following except________
Answer
None of the above

8. Question
The following are some of the various types of preference shares except_____
Answer
Non-convertible preference shares

9 . Question
The ________is the market that serves as an intermediary between fund-raisers and suppliers of capital
Answer
NSE

10. Question
The short-term liabilities of a firm includes all of the following except______
Answer
Lendings
 

La2ush

Moderator
11. Question
The following are the main components of working capital management except for______
Answer
Fixed income

12. Question
One of the following is not contained in the memorandum of association of a company
Answer
address of the company and the reason why it is in existence

13. Question
The finance function to staff and departments will be dependent upon the size and _______of the business organization.
Answer
magnitude

14. Question
A person responsible for performing finance functions In a modern firm is known as ___________
Answer
Financial Manager

15. Question
______is when a company distributes all its earnings to shareholders and acquires new capital from same source by issuing new shares
Answer
Rights issue

16. Question
Shareholders that receive a dividend at a fixed rate and enjoy priority over ordinary shareholders are known as ________
Answer
Preference shareholders

17. Question
The following are the elements that must be held in balance to enable optimum utilization of resources of the enterprise except _______
Answer
Investment

18. Question
__________ is the provision of money at the time it is required
Answer
Finance

19. Question
A market that promises future benefits in the form of cash payments is known as _________
Answer
Retail market

20. Question
_______ is called borrowed fund and is also referred to as a debt
Answer
External Finance

21. Question
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 is known as ________
Answer
Profit

22. Question
_______ are risks that arise from the fact that the producer’s skill or that of the subordinates may not be up to the expected level for the plan, hence it may fall short of achieving the intention.
Answer
Technical risks

23. Question
The following are three ways of avoiding or reducing risk except for____
Answer
Investing in a risky investment

24. Question
The simplest form of finance is where the whole of finance required by a particular enterprise is provided by _______
Answer
Entrepreneur
 
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