Test Prep / CustomExam Practice Test - 1/11/2026

CustomExam Practice Test - 1/11/2026

Finance Exam10 Questions20 min

CustomExam Practice Test - 1/11/2026

A practice test for CustomExam

10Questions
20Minutes
i

About This Test

This practice test is designed to help you prepare for the CustomExam exam. It contains 10 questions and has a time limit of 20 minutes.

Take it now

Start the test directly on this page without signing in

Create Your Own Tests

Track your progress and save results over time

Important Questions

1

What is the primary function of finance in business firms?

A:Capital budgeting
B:Financial planning and control
C:Working capital management
D:Capital structure management
2

What is the goal of profit maximization in a firm?

A:Maximizing short-term profits
B:Maximizing long-term profits
C:Minimizing costs
D:Maximizing revenue
3

Which of the following is NOT a type of financial intermediary?

A:Commercial banks
B:Investment banks
C:Insurance companies
D:Retail stores
4

What is the main function of financial markets?

A:Allocating resources efficiently
B:Managing risks
C:Providing liquidity
D:All of the above
5

What is the definition of finance?

A:The study and management of money and investments
B:The creation of financial systems and institutions
C:The allocation of resources over time
D:All of the above
6

Which of the following is NOT a subfield of finance?

A:Personal finance
B:Corporate finance
C:Public finance
D:Geological finance
7

What is the primary goal of a firm's financial manager?

A:Financial planning
B:Risk management
C:Maximizing returns
D:All of the above
8

What is the role of financial intermediation in the economy?

A:Mobilizing savings
B:Fostering investment
C:Promoting economic growth
D:All of the above
9

What is the main function of the debt market?

A:Providing short-term debt instruments
B:Providing long-term debt instruments
C:Facilitating the issuance of new securities
D:None of the above
10

What is the primary goal of a firm's dividend policy?

A:Maximizing share value
B:Minimizing share value
C:Maintaining share value
D:None of the above