Free Corporate Governance & Financial Management Questions and Answers

Question 1

Working capital is insufficient when

Accepted Answer

Lack of smooth flow of production

Answer

Loosing interest

Answer

Lack of production

Answer

Block of cash

Question 2

The obligation that must be fulfilled within a year is referred to as

Accepted Answer

Current liability

Answer

Current asset

Answer

Variable asset

Answer

Fixed asset

Question 3

Current asset management is referred to as

Accepted Answer

Current asset management and Working capital management

Answer

Working capital management

Answer

Current asset management

Answer

None of the above

Question 4

Which of the following is related to "How much recycling of waste and paper is undertaken by an organization?"?

Accepted Answer

Social responsibility of an organization

Answer

Corporate values of an organization

Answer

Corporate policy towards sustainability

Answer

Corporate governance of an organization

Question 5

The method used to direct and regulate businesses is known as

Accepted Answer

Corporate governance

Answer

Corporate regulations

Answer

Corporate compliance

Answer

Corporate administration

Question 6

Which of the following is NOT a viable remedy for a breach of a contract to offer personal services?

Accepted Answer

A decree of specific performance

Answer

An action for the price

Answer

Damages

Answer

An injunction

Question 7

The highest court in Nigeria is which ONE of the following?

Accepted Answer

The Supreme Court

Answer

The Court of Appeal

Answer

The Crown Court

Answer

The High Court