Question 41 (2 points) ________ is NOT a main category of financial management. Question 41 options: a. Capital budgeting b. Capital structure c. Accounts receivable management d. Working capital management

Question 42 (2 points) The purpose of diversification is to:

Question 42 options: a. Maximise possible returns. b. Increase the risk of your portfolio. c. Lower the overall risk of your portfolio. d. None of the above.

Question 43 (2 points) _____________ is an area of career opportunities in financial services. Question 43 options: a. Supply chain management b. Personal financial planning c. Auditing of financial statements d. Production planning

Question 44 (2 points) Given the expected returns and probability of various states of the world in this table, calculate the expected return for Carbide Company. State of the Economy Probability of State Return on State Boom 0.30 18% Steady 0.55 10% Recession 0.15 -5% Question 44 options: a. 10.15% b. 5.40% c. 5.50% d. -0.75% Question 45 (2 points) The ________ measures the amount of time it takes a firm to recover its initial investment.

Question 45 options: a. profitability index b. internal rate of return c. net present value d. payback period

Question 46 (2 points) Among the following statements about payback method, which one is incorrect? Question 46 options: a. The main advantage of the payback method is its simplicity. b. The payback method implicitly accounts for the riskiness of longer-term projects. c. For some managers that aim to build their short-term career, the payback method is preferred because it leads to accepting projects that recover quickly. d. The payback method considers all cash flows incurred for a project, including the cash flow occurring after the payback period.

Question 47 (2 points) Calculate the amount will accumulate if we deposit RM2,000 at the end of each year for the next 8 years. Assume an interest of 6% compounded annually. Question 47 options: a. RM 18,947.80 b. RM 19,794.94 c. RM 17,749.94 d. RM16,947.80

Question 48 (2 points) The following is an example of unsystematic risk: Question 48 options: a. Maxis Berhad posts lower than expected earnings. b. The national trade deficit is higher than expected. c. The rate of inflation is higher than expected. d. Import volume is higher than Export volume.

Question 49 (2 points) Stocks are bought and sold in ________ markets. Question 49 options: a. equity b. debt c. derivatives d. foreign exchange

Question 50 (2 points) Co-ownership in a partnership means: Question 50 options: a. The right of each partner to share in the profits & losses of the business. b. Separation of partnership resources. c. The partners are not responsible for any losses in the event of a bankruptcy. d. Difficulty to resolve than corporation