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    malika belkhiter
    انجليزية

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    Solution

    Uploaded by

    malika belkhiter
    10 views3 pages
    انجليزية

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    انجليزية

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    10 views3 pages

    Solution

    Uploaded by

    malika belkhiter
    انجليزية

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 3

    2024/2025

    Malika belkhiter

    First activity in English

    Here are answers to the statements, which require a "yes" or "no"


    response. If the answer is "no," corrections are provided:

    1. Finance may be defined as the science of managing money.


    Yes

    2. Business accounting concerns with the best way of using available


    financial resources to meet business enterprise needs.
    Yes
    3. There are two (2) types of corporate finance & public finance.
    No — Corporate and public finance are types of finance, but finance also
    includes personal finance and other fields.
    4. Financial management is concerned with the efficient use of capital in
    business.
    Yes
    5. There are two (2) objectives of financial management, maximization of
    profit and revenue maximization.
    No — The primary objectives are typically profit maximization and wealth
    maximization.
    6. In modern finance “revenue maximization” is the process that increases
    earnings per Share (EPS) in the short-run.
    No — Revenue maximization does not specifically aim to increase EPS;
    rather, it focuses on increasing sales revenue.
    7. Profit maximization refers to the concept of increasing the value of the
    shares held by its stockholders.
    2024/2025
    Malika belkhiter

    No — Profit maximization focuses on short-term profits, whereas


    shareholder value or wealth maximization focuses on increasing long-term
    share value.
    8. Traditional approach of financial management includes arrangement of
    funds through various financial instruments (long-run capital to fixed
    assets, short-run funds to current assets).
    Yes
    9. The dividend decision and financial planning are part of the traditional
    approach of financial management.
    Yes
    10. Business cycle consists of the following stages only: launch, shakeout,
    maturity, and decline.
    No — The business cycle typically includes expansion, peak, contraction,
    and trough.
    11. Accounting balance sheet includes accounting values of items only.
    Yes
    12. Financial balance sheet displays real values of items only.
    No — A financial balance sheet may show book values or market values,
    not just "real" values.
    13. Fixed assets contain items owned by the business that have high
    liquidity.
    No — Fixed assets are typically less liquid compared to current assets.
    14. Liquidity orders mean arranging items of the balance sheet according
    to their convertibility to cash order.
    Yes
    15. Owners' equity is placed in a separate category on the assets side.
    2024/2025
    Malika belkhiter

    No — Owners' equity is on the liabilities side, not the assets side.


    16. Current assets include all items owned by the company for which
    liquidity is more than a year.
    No — Current assets are typically those expected to be converted to cash
    within a year.
    17. Owners’ equity includes treasury stock.
    Yes
    18. Treasury stock is a type of bond with a maturity of more than one (1)
    year.
    No — Treasury stock refers to shares that the company has repurchased,
    not a bond.
    19. Retained earnings are also called saved profit.
    Yes
    20. Allocation of capital refers to the efficiency of the funds available to
    realize a maximum profit.
    Yes.

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