Chapter1Financialmanagementandfinancialobjectives

QuickQuiz1

1、单选题:
‌Which of the following are examples of financial objectives that a company might choose to pursue?​
选项:
A: Provision of good wages and salaries
B: Restricting the level of gearing to below a specified target level
C: Dealing honestly and fairly with customers on all occasions
D: Producing environmentally friendly products
答案: 【 Restricting the level of gearing to below a specified target level

2、单选题:
‌Which is not one of the 'Three Es' of value for money?‍
选项:
A: Efficiency
B: Exigency
C: Economy
D: Effectiveness
答案: 【 Exigency

3、单选题:
‍In the context of managing performance in not for profit organisations, which of the following definitionsis incorrect?‌
选项:
A: Value for money means providing a service in a way which is economical, efficient and effective.
B: Economy means doing things cheaply: not spending $2 when the same thing can be bought for $1.
C: Efficiency means doing things quickly: minimising the amount of time that is spent on a givenactivity.
D: Effectiveness means doing the

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