Explore topic-wise MCQs in Finance & Accounting.

This section includes 54 Mcqs, each offering curated multiple-choice questions to sharpen your Finance & Accounting knowledge and support exam preparation. Choose a topic below to get started.

51.

Finance Function comprises
A. Safe custody of funds only
B. Expenditure of funds only
C. Procurement of finance only
D. Procurement & effective use of funds
Answer» E.
Discussion
52.

Agency cost consists of
A. Binding
B. Monitoring
C. Opportunity and structure cost
D. All of the above
Answer» E.
Discussion
53.

Financial management process deals with
A. Investments
B. Financing decisions
C. Both a and b
D. None of the above
Answer» C. Both a and b
Discussion
54.

The only feasible purpose of financial management is
A. Wealth Maximization
B. Sales Maximization
C. Profit Maximization
D. Assets maximization
Answer» B. Sales Maximization
Discussion