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FIN2603 EXAM PACK 2023 FOR ANY QUERIES AND EXAM ASSISTANCE CONTACT: biwottcornelius@gmail.com

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  • 18 de octubre de 2023
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FIN2603
EXAM
PACK
2023
FOR ANY QUERIES AND EXAM ASSISTANCE
CONTACT: biwottcornelius@gmail.com

, The part of finance concerned with design and delivery of advice and financial products to
individuals, businesses and the government is called ...






A. managerial finance.




B. financial advice.




C. financial services.




D. financial planning.



Answer Key:C

Question 2 of 20
1.0 Points
What financial securities are likely to be traded on the JSE Limited?






A. Ordinary shares




B. Treasury bills




C. Commercial paper




D. Company bonds

, Answer Key:A

Question 3 of 20
1.0 Points
The primary goal of a publicly-owned firm interested in serving its shareholders should be to
...






A. minimise the debt used by the firm.




B. maximise the EPS.




C. maximise the share price.




D. maximise the expected net income.



Answer Key:B

Question 4 of 20
1.0 Points
Any organisation that is managed in accordance with business principles should be able to
ensure its survival because it will ...






A. maximise its revenue from sales and control its expenses.




B. plan its cash inflows and outflows by means of a cash budget.

, 


C. keep its cost of financing as low as possible.




D. undertake all the above-mentioned financial measures.



Answer Key:D

Question 5 of 20
1.0 Points
The primary short-term financial goal of the firm may be best achieved by ...






A. maximising revenue and minimising expenses.




B. minimising the cost of capital and maximising the internal rate of return (IRR).




C. increasing expenses in order to reduce the firm’s tax liability.




D. accelerating cash inflows and delaying cash outflows.



Answer Key:A

Part 2 of 3 - Section 2 10.0 Points

Question 6 of 20
1.0 Points
A firm’s cash inflow becomes more predictable as the ...

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