FIN2603 EXAM PACK 2026/2027 WITH Q & AS Complete And Study material 134pages LEARNEXAMS

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 ...