The Board of Directors sets company-wide policy and advices the CEO and other senior executies, who manage the company’s:

Related Mcqs:

1. Set of rules made by corporation founders such as directors election procedure are classified as_________?

   A. Stock laws B. By laws C. Liability laws D. Corporate laws...

2. Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as____________?

   A. Agency governance B. Hiring governance C. Corporate governance D. External governance...

3. Document in a corporation which consists of amount of stock, name and addresses of directors is classified as_____________?

   A. Liability plan B. Stock planning C. Corporation paperwork D. Charter...

4. If a company revaluates its fixed assets, the current ratio of the company will:

   A. Improve if assets are revalued upward B. Remain unaffected C. Improve if assets are revalued downwards D. Undergo change only if liabilities are remaining constant...

5. Financial policy is evaluated by which of the following?

   A. Profit Margin B. Total Assets Turnover C. Debt-equity ratio D. None of the given options...

6. Which of the following strategy belongs to restrictive policy regarding size of investments in current assets?

   A. To maintain a high ratio of current assets to sales B. To maintain a low ratio of current assets to sales C. To less short-term debt and more long-term debt D. To more short-term debt and less long-term debt...

7. Federal Reserve policy and federal surplus or deficit of budget affect the____________?

   A. Cost of production B. Cost of money C. Opportunity cost D. Inflation risk...

8. A company having a current ratio of 1 will have __________ net working capital.

   A. Positive B. Negative C. zero D. None of the given options...

9. Company low earning power and high interest cost cause financial changes which have_____________?

   A. High return on equity B. High return on assets C. Low return on assets D. Low return on equity...

10. In cash flow estimation, depreciation shelters company’s income from_______?

    A. Expansion B. Salvages C. Taxation D. Discounts...