100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
fin2603-assignment-one-preparation-questions. R55,98   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa
  4.  
  5. FIN2603 - Finance For Non-Financial Managers

Exam (elaborations)

fin2603-assignment-one-preparation-questions.
 3 views  0 purchase

fin2603-assignment-one-preparation-questions. 1. One method often used by companies to ensure that management decisions are in the best interest of the shareholders is to ... A. have a shareholder meeting once a year. B. threaten to fire managers who do not performing adequately. C. tie manage...

[Show more]

Preview 2 out of 11  pages

Document information

  • August 14, 2022
  • 11
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • fin2603 assignment one preparation questions

Written for

All documents for this subject (23)

Seller

avatar-seller
Excellentstudyresources001

Reviews received

Content preview

fin2603-assignment-one-preparation-questions.

, lOMoARcPSD|7575697




1. One method often used by companies to ensure that management decisions are in the
best interest of the shareholders is to ...

A. have a shareholder meeting once a year.
B. threaten to fire managers who do not performing adequately.
C. tie management compensation to the performance of the company share price
D. tie management compensation to the level of earnings per share.


2. The long-term financial goal of the firm may be achieved by ..
A. maximising revenue and minimising expenses
B. minimising the cost of capital and maximising the internal rate of return (IRR).
C. maximising the assets relative to the liabilities
D. accelerating cash inflows


3.Which of the following is not a responsibility of the treasurer of an organisation?
A. Raising the necessary funds for the organisation in order to be sustainable and
grow.
B. Doing the tax payments for the organisation
C. Conducting and executing capital budgeting activities
D. Formulating and the credit policy of the organisation


4. The best way in which a firm may improve its profitability would involve ..
A. reducing expenditure on non-core business activities.
B. employing fewer permanent staff and using contract workers during peak periods
C. increasing sales by means of improved marketing
D. selling all its non-core assets


5. What is the main function of a financial manager?
A. To prevent bad debts.
B. To ensure liquidity and solvency.
C. To increase the value of ordinary shares.
D. To earn returns greater than those of the competitors.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Excellentstudyresources001. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R55,98. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R55,98
  • (0)
  Buy now