Human Resource Management (HRM) MCQS

Multiple choice Questions on Human Resource Management. Practice for fpsc ppsc exams

Finance is vital for which of the following business activities?

A. Marketing Research

B. Product Pricing

C. Design of marketing and distribution channels

D. All of the given options

Correct answer is: D. All of the given options

The degree to which a firm utilizes its assets relative to its revenue and profits is referred to as:

A. Effectiveness

B. Efficiency

C. Stability

D. Liquidity

Correct answer is: B. Efficiency

Which of the following is a tool of financial statement analysis?

A. Ratio analysis

B. Fund flow statement

C. Cash flow statement

D. All of the above

Correct answer is: D. All of the above

A higher current ratio always means better liquidity. True or false?

A. TRUE

B. FALSE

C. Depends on industry

D. Only for small firms

Correct answer is: B. FALSE

What is the purpose of financial management?

A. Procurement and effective use of funds

B. Maximize revenue only

C. Minimize expenses only

D. Increase market share

Correct answer is: A. Procurement and effective use of funds

In finance, risk is commonly measured by calculating the:

A. Mean

B. Variance

C. Standard deviation

D. Kurtosis

Correct answer is: C. Standard deviation

Who among the following makes the broadest use of accounting information?

A. Accountants

B. Financial Analysts

C. Auditors

D. Marketers

Correct answer is: B. Financial Analysts

Which of the following is the least likely way to benefit from understanding finance?

A. Assessing the advice of financial advisers

B. Becoming the president of a large national bank

C. Making your own financial decisions

D. Becoming a financial adviser

Correct answer is: B. Becoming the president of a large national bank

What does NPV stand for?

A. Net Positive Value

B. Net Present Value

C. Nominal Present Value

D. Net Profit Value

Correct answer is: B. Net Present Value

A project has an IRR higher than the cost of capital. What should the firm do?

A. Reject

B. Indifferent

C. Accept

D. Delay

Correct answer is: C. Accept