Finance is vital for which of the following business activity (activities)?

A: Marketing Research

B: Product Pricing

C: Design of marketing and distribution channels

D: All of the given options

All of the given options

The system by which companies are managed and controlled is known as:

A: Management System

B: Strategic System

C: Corporate Governance

D: Internal System

Corporate Governance

Corporate governance encompasses the relationship among a companys:

A: Shareholders and board of director

B: Board of directors and senior management

C: Shareholders and senior management

D: Shareholders, board of directors and senior management

Shareholders, board of directors and senior management

The Board of Directors sets company-wide policy and advices the CEO and other senior executies, who manage the companys:

A: Managerial activities

B: Year-to-Year activities

C: Day-to-Day activities

D: Financial activities

Day-to-Day activities

The market price of a firms stock represents the focal judgment of all market participants as to the value of the:

A: Particular market

B: Particular firm

C: Particular creditor

D: Particular debtor

Particular firm

Maximizing Shareholder wealth:

A: Relieves the firms responsibility towards society

B: Does not relieve the firms responsibility towards society

C: Partially relives the firms responsibility towards society

D: None of Them

Does not relieve the firm’s responsibility towards society

Period costs include which of the following?

A: Selling expense

B: Raw material

C: Direct labor

D: Manufacturing overhead

Selling expense

Product costs include which of the following?

A: Selling expenses

B: General expenses

C: Manufacturing overhead

D: Administrative expenses

Manufacturing overhead

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