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Pontificia Universidad Católica de Puerto Rico
Recinto de Mayagüez
Colegio de Administración de Empresas
Name:____________________________ Date:________________________
Student #: ________________________ Course: FINA 315 Sec.: _________
Partial Exam # 1(Chapter 1 & 2)
I. Select the correct answer:
1) The part of finance concerned with design and delivery of advice and financial products to individuals, business, and government is called
A) Managerial Finance.
B) Financial Manager.
C) Financial Services.
D) none of the above.
2) Managerial finance
A) involves tasks such as budgeting, financial forecasting, cash management, and funds procurement.
B) involves the design and delivery of advice and financial products.
C) recognizes funds on an accrual basis.
D) devotes the majority of its attention to the collection and presentation of financial data.
3) Finance can be defined as
A) the system of debits and credits.
B) the science of the production, distribution, and consumption of wealth.
C) the art and science of managing money.
D) the art of merchandising products and services.
4) Financial service
A) is concerned with the duties of the financial manager.
B) involves the design and delivery of advice and financial products.
C) provides guidelines for the efficient operation of the business.
D) handles accounting activities related to data processing.
5) Which of the following is a career opportunity in managerial finance?
A) Investment.
B) Real Estate and Insurance.
C) Capital expenditures Management.
D) Personal Financial Planning.
6) ________ is concerned with the duties of the financial manager in the business firm.
A) Financial Services
B) Financial Manager
C) Managerial Finance
D) None of the above
7) The treasurer is commonly responsible for
A) taxes.
B) data processing.
C) making capital expenditures.
D) cost accounting.
8) The controller is commonly responsible for
A) managing cash.
B) financial accounting.
C) managing credit activities.
D)
Recinto de Mayagüez
Colegio de Administración de Empresas
Name:____________________________ Date:________________________
Student #: ________________________ Course: FINA 315 Sec.: _________
Partial Exam # 1(Chapter 1 & 2)
I. Select the correct answer:
1) The part of finance concerned with design and delivery of advice and financial products to individuals, business, and government is called
A) Managerial Finance.
B) Financial Manager.
C) Financial Services.
D) none of the above.
2) Managerial finance
A) involves tasks such as budgeting, financial forecasting, cash management, and funds procurement.
B) involves the design and delivery of advice and financial products.
C) recognizes funds on an accrual basis.
D) devotes the majority of its attention to the collection and presentation of financial data.
3) Finance can be defined as
A) the system of debits and credits.
B) the science of the production, distribution, and consumption of wealth.
C) the art and science of managing money.
D) the art of merchandising products and services.
4) Financial service
A) is concerned with the duties of the financial manager.
B) involves the design and delivery of advice and financial products.
C) provides guidelines for the efficient operation of the business.
D) handles accounting activities related to data processing.
5) Which of the following is a career opportunity in managerial finance?
A) Investment.
B) Real Estate and Insurance.
C) Capital expenditures Management.
D) Personal Financial Planning.
6) ________ is concerned with the duties of the financial manager in the business firm.
A) Financial Services
B) Financial Manager
C) Managerial Finance
D) None of the above
7) The treasurer is commonly responsible for
A) taxes.
B) data processing.
C) making capital expenditures.
D) cost accounting.
8) The controller is commonly responsible for
A) managing cash.
B) financial accounting.
C) managing credit activities.
D)