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Financial Management and Business Sustainability Quiz

#1

Which of the following is not a financial statement?

Sales Report
Explanation

Sales report is not a formal financial statement; it typically focuses on sales performance.

#2

What does ROI stand for in financial management?

Return on Investment
Explanation

ROI measures the profitability of an investment relative to its cost.

#3

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

Balance Sheet
Explanation

Balance sheet lists assets, liabilities, and equity at a given date.

#4

What is the purpose of a cash flow statement?

To track changes in a company's cash balance
Explanation

Cash flow statement records the inflow and outflow of cash during a specific period.

#5

Which financial statement shows the changes in a company's cash balance over a period of time?

Cash Flow Statement
Explanation

Cash flow statement details the inflow and outflow of cash over a specified period.

#6

Which financial metric indicates a company's ability to pay its short-term debts?

Current Ratio
Explanation

Current ratio shows the proportion of current assets to current liabilities.

#7

What is the purpose of working capital?

To assess liquidity and short-term obligations
Explanation

Working capital measures a company's operational efficiency and short-term financial health.

#8

Which of the following is a capital budgeting technique?

Payback Period
Explanation

Payback period calculates the time taken to recover the initial investment.

#9

What does the debt-to-equity ratio measure?

Solvency
Explanation

Debt-to-equity ratio assesses a company's leverage and financial risk.

#10

What is ESG investing?

Investing in Environmental, Social, and Governance factors
Explanation

ESG investing considers environmental, social, and governance criteria for investment decisions.

#11

Which of the following is a measure of a company's efficiency in using its assets to generate revenue?

Return on Assets
Explanation

ROA assesses how effectively a company utilizes its assets to generate profits.

#12

What is the primary goal of financial management in a business?

Maximizing shareholder wealth
Explanation

Financial management aims to increase the value of the company for its shareholders.

#13

What is the formula for calculating the net present value (NPV) of an investment?

Sum of Discounted Cash Inflows - Initial Investment
Explanation

NPV calculates the present value of future cash flows minus the initial investment.

#14

Which of the following is a key principle of sustainable business practices?

Minimizing environmental impact
Explanation

Sustainable business practices aim to reduce negative environmental effects.

#15

What is the concept of financial leverage?

Using debt to increase returns
Explanation

Financial leverage involves utilizing debt to amplify returns on equity.

#16

What is the goal of sustainable finance?

Achieving environmental sustainability
Explanation

Sustainable finance aims to promote economic growth while ensuring environmental protection.

#17

Which of the following is a characteristic of a sustainable business model?

Considering social, environmental, and economic factors
Explanation

Sustainable business models integrate social, environmental, and economic concerns into their operations.

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