41.A financial institution that provides services, such as accepting deposits, giving business loans and auto loans, mortgage lending, and basic investment products like savings accounts and certificates of deposit. a. Universal Banks b. Commercial Banks c. Cooperative Banks d. Islamic Banks e. Thrift Bank f. Others as per BSP

42.It is the ability of the company to satisfy its short-term obligations using assets that are readily converted into cash. a. Liquidity b. Liquidity Management c. Drags on Liquidity d. Pulls on Liquidity

43.These are forces that delay the collection of cash, such as slow payments by customers and obsolete inventory. a. Liquidity b. Liquidity Management c. Drags on Liquidity d. Pulls on Liquidity

44.Is the ability of the company to generate cash when and where needed and requires addressing drags and pulls of liquidity. a. Liquidity b. Liquidity Management c. Drags on Liquidity d. Pulls on Liquidity

45.These are decisions that result in paying cash too soon, such as paying trade credit early or a bank reducing a line of credit. a. Liquidity b. Liquidity Management c. Drags on Liquidity d. Pulls on Liquidity

46.It pertain the length of time it takes a company's investment in inventory to be collected in cash from customers. a. Operating Cycle b. Cash Conversion Cycle

47.It is the length of time it takes for a company's investment in inventory to generate cash, considering that some or the entire inventory is purchased using credit. a. Operating Cycle b. Cash Conversion Cycle

48.Other term for Cash Conversion Cycle is Net Operating Cycle. a. True b. False

49.The efficient and effective management of money / funds in such a manner as to accomplish the objectives of the organization a. Financial Management b. Management Accounting c. Financial Accounting

50.It is an activity helps the business ensure that the business is meeting its objectives. a. Financial Planning b. Financial Control c. Financial Decision-making

51.Whether profits earned by the business should be retained rather than distributed to shareholders via dividends. If dividends are too high, the business may be starved of funding to reinvest in growing revenues and profits further. a. Financial Planning b. Financial Control c. Financial Decision-making

52.Management need to ensure that enough funding is available at the right time to meet the needs of the business. In the short term, funding may be needed to invest in equipment and stocks, pay employees and fund sales made on credit. a. Financial Planning b. Financial Control c. Financial Decision-making

53.The used of graph and analysis of points and trends to segregate fixed and variable costs. a. Account Analysis Method b. Industrial Engineering Method c. Conference Method d. High Low Method e. Regression Analysis Method f. Visual Fit

54.A statistical technique which is often in separating mixed costs into their fixed and variable components. a. Account Analysis Method b. Industrial Engineering Method c. Conference Method d. High Low Method e. Regression Analysis Method f. Visual Fit

55.It is the method of analyzing mixed cost is based on costs observed at the both high and low levels of activity within the relevant range. a. Account Analysis Method a. Account Analysis Method c. Conference Method d. High Low Method e. Regression Analysis Method f. Visual Fit