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Business Finance and Risk Management Quiz

#1

Which of the following is a financial statement that shows a company's revenues and expenses over a period of time?

Income statement
Explanation

Shows company's financial performance.

#2

What does ROI stand for in finance?

Return on Investment
Explanation

Measure of investment profitability.

#3

Which of the following is a measure of a company's ability to pay off its short-term obligations?

Quick ratio
Explanation

Measures short-term liquidity.

#4

Which of the following is NOT a type of financial ratio?

Inventory ratio
Explanation

Not a common financial ratio.

#5

Which financial statement represents a snapshot of a company's financial position at a specific point in time?

Balance sheet
Explanation

Summarizes assets, liabilities, and equity.

#6

Which of the following is NOT a measure of investment risk?

Earnings per share
Explanation

Indicator of company's profitability.

#7

What is the term for the rate at which the general level of prices for goods and services is rising?

Inflation
Explanation

Economic measure of price increase.

#8

What is the primary goal of financial risk management?

To minimize risks to an acceptable level
Explanation

Managing risks within acceptable limits.

#9

Which of the following is NOT a type of financial risk?

Production risk
Explanation

Operational, market, and credit risks are financial.

#10

What is the formula to calculate the current ratio?

Current Assets / Current Liabilities
Explanation

Measures liquidity and solvency.

#11

What is the main purpose of diversification in investment?

To reduce risk by spreading investments across different assets
Explanation

Minimizes risk through asset variety.

#12

What is systematic risk also known as?

Market risk
Explanation

Risk inherent to the entire market.

#13

What is leverage in finance?

The use of borrowed funds to increase the return on equity
Explanation

Amplifies returns through borrowed capital.

#14

What does the term 'hedging' mean in finance?

Reducing risk by taking offsetting positions
Explanation

Minimizing risk exposure through strategies.

#15

What does CAPM stand for in finance?

Capital Asset Pricing Model
Explanation

Quantifies expected return on an asset.

#16

What is the formula to calculate the net present value (NPV) of an investment?

Present Value of Cash Flows - Initial Investment
Explanation

Assesses profitability of an investment.

#17

What is the formula to calculate the earnings per share (EPS) of a company?

Net Income / Number of Outstanding Shares
Explanation

Profit attributable to each outstanding share.

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