Part 1: Multiple Choices Questions (0.5*126 marks) the software is Thelict between the off A) they problem B) com c) rasy when profite decline 2) Under which of the following legal form of organization is ownership readily able! A) le proprio B) prips parents D) corporis was evolves the comparison of different firms financials at the same point in time A) Time-series B) Cross- Marginal D) Technical 5) The primary purpose in preparing proforma financial statements is A) for cash planning B) to ensure the ability to pay dividends C) to reduce risk D) for profit planning 5) Which of the following is an example of noncash charges? A) depreciation B) accruals C) interest expense D) dividends paid 6) Which of the following is an example of a firm's stakeholder? A) Clients B) Federal reserve C) media D) competitors then the 7) Aflancial manager is interested is the cash inflows and outflows of a firm, data, in order to A) ensure profitability B) maintain healthy public relations C) ensure timely payment of taxes D) maintain optimum solvency level 8) Which of the following is a cash inflow! A) a decrease accounts payable B) a decrease in accounts receivable C) increase in dividend payment D) a decrease in accrued liabilities 9) Finance is A) the system of verifying analyzing and recording business transactions B) the science of the production, distribution, and consumption of goods and services C) the art and science of managing money D) the art of merchandising products and services 10) Which of the following is a duty of financial manager in a business firm? A) developing marketing plans B) controlling the stock price C) raising financial resources D) auditing financial records 11) The key input to the short-term financial planning process is A) the audit report 3) the pro forma balance sheet C) the sales forecast D) the pro forma income statement 12) The primary goal of a financial manager is A) minimizing risk B) maximizing profit C) maximizing wealth D) minimizing return