BAM 513 Financial Management: Concepts and ApplicationsBAM 513-Financial Management (Set-1)BAM 513-Financial ManagementText:Principles of Managerial Finance12th Edition, 2009ISBN: 0-321-52413-6Author(s):Lawrence J. GitmanPublisher:Pearson EducationFinancial ManagementMultiple Choice Questions (Enter your answers on the enclosed answer sheet)1) Managerial financedevotes the majority of its attention to the collection and presentation of financial data.involves tasks such as budgeting, financial forecasting, cash management, and fundsprocurement.involves the design and delivery of advice and financial products.recognizes funds on an accrual basis.2) Financial serviceis concerned with the duties of the financial manager.involves the design and delivery of advice and financial products.handles accounting activities related to data processing.provides guidelines for the efficient operation of the business.3) A major weakness of a partnership isdifficulty liquidating or transferring ownership.limited liability.access to capital markets.low organizational costs.4) The primary economic principle used in managerial finance isthe crowding out effect.the liquidity trap.supply and demand.marginalanalysis.Preview Mode
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