1.The conflict between owners, employees, suppliers, and customers of a company is known as

a)Regulatory risksc)Conflict of interest

b)Problem of agencyd)Conflict of multiple environments

2.Corporate governance is often narrowly defined as the prudent exercise of ownership rights toward the goal of increased

a)Shareholder valuec)asset turnover

b)Profitd)sales volume

3.A type of insurance that can be used to protect assets is

a)Home insurancec)Disability insurance

b)Self-insuranced)Deductible policy

4.Which of the following is an example of money management ?

a)Putting your money in a savings account at your bank

b)Shopping around for the credit card with the best interest rate

c)Deciding to delay buying a new car until you can pay for it in cash

d)Paying off a loan early to reduce the interest charges

5.The income in your budget is not affected by

a)your education

b)your career decisions

c)The standard of living you experienced as a child

d)The tax laws

6.The best measure of a person's or family's net wealth is

a)The highest level of education received

b)The amount of annual income

c)The value of what they own minus the value of what they owe

d)Their tax bracket

7.Which of the following is not an asset ?

a)The house that you rent

b)Your car, which you financed

c)Your coin collection given to you by your grandfather

d)Your textbooks

8.Which of the following is not a regular holiday ?

a)Labor dayc)National Heroes day

b)Independence dayd)Ninoy Aquino Day

9.Which of the following would be classified as a short-term goal ?

a)Purchasing a new house in three years

b)Buying new clothes this month

c)Retiring in 10 years

d)Paying for your two-year old child's college education

10.Which of the following is not a regular holiday ?

a)Bonifacio dayc)Rizal day

b)Christmas dayd)All Saints Day

11.Which of the following will not affect your ability to manage your liquidity ?

a)Deciding how much money to keep in savings

b)Choosing between credit cards

c)Determining how much money to save versus how much to spend

d.Building and maintaining a monthly and yearly budget with allocations to expenses and

investments.

12.To increase your savings,

a)Income must be increasedc)Income must be decreased

b)Expenses must be increasedd)Net worth must be decreased

13.The most common type of dividend is

a)Cash dividendc)Property dividend

b)Stock dividendd)Scrip dividend

14.The following are role of money, which is not ?

a)Acts as a medium of exchangec)Acts as means of liquidity

b)Acts as a unit of accountd) None of the choices

15.Income that comes directly as a result of your own hard work, your skill, talent and time is

a)Passive incomec)Deferred income

b)Active incomed)None of the choices