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16/Who among the following, purchases direct securities from the companies and in turn issues their own indirect securities to the public? a. Commercial Intermediaries b.

16/Who among the following, purchases direct securities from the companies and in turn issues their own indirect securities to the public?

a. Commercial Intermediaries

b. Financial intermediaries

c. All

d. Share Intermediaries

17/When you are dividing the net profit after tax by the shareholders fund _____________ ratio can be calculated.

a. Operating Profit Ratio

b. Return on Investment Ratio

c. Net Profit Ratio

d. All

18/Which of the following is the social objectives of financial management?

a. Payment of reasonable dividends

b. Searching for new sources of finance

c. Effective utilization of finance

d. All of these

19/A highly volatile economic environment might also have a _______impact on the choice of education profiles and career paths.

a. Positive

b. Negative

c. Both

d. None

20/Which of the following statement showing the operational results of a firm during a certain period?

a. Income Statement

b. All

c. Cash flow statement

d. Balance Sheet

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