Finance MCQs

1052 MCQs  (Page 2 of 106)

The system by which companies are managed and controlled is known as:
A. Management system
B. Strategic system
C. Corporate governance
D. Internal system
Corporate governance encompasses the relationship among a company’s:
A. Shareholders and board of director
B. Board of directors and senior management
C. Shareholders and senior management
D. Shareholders, board of directors and senior management
The Board of Directors sets company-wide policy and advices the CEO and other senior executies, who manage the company’s:
A. Managerial activities
B. Year-to-year activities
C. Day-to-day activities
D. Financial activities
Maximizing Shareholder wealth:
A. Relieves the firms responsibility towards society
B. Does not relieve the firm’s responsibility towards society
C. Partially relives the firm’s responsibility towards society
D. None of them
Period costs include which of the following?
A. Selling expense
B. Raw material
C. Direct labor
D. Manufacturing overhead
Product costs include which of the following?
A. Selling expenses
B. General expenses
C. Manufacturing overhead
D. Administrative expenses