Business Finance MCQ Questions and Solutions with Explanations | Commerce
Business Finance MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Business Finance MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-1 section-7
Each section contains 100 MCQs on
Business Finance .
Indicate the incorrect statement
(i) Credit risk is a loss on account of a default of repayment of a loan.
(ii) Liquidity risk is the risk on account of the mismatches of cash inflow and outflow in a firm.
(iii) Basic risk is the risk in a firm owing to the differences in the index to which financial assets and liabilities are tied up.
(iv) Hedging risk for a long position is accomplished by taking a short position and vice versa.
Arrange the following in chronological order about the events of operating cycle.
1. Conversion of accounts receivable into cash.
2. Conversion of finished goods into accounts receivable.
3. Conversion of raw materials into work-in-process.
4. Conversion of work-in-process into finished goods.
