Final Examination in

Business Finance
Prepared by: Zymon Andrew M. Maquinto


ST. ANTHONY MONTESSORI 1

General Instructions
Answer the following objective and application questions. You have the following
options:
1. Write your answers on any sheet of paper. Scan then submit.
2. Print this examination and write answers here. Scan then submit.
3. Type your answers on Word document then submit.

Submit your answers in Google Classroom.

Part 1: Understanding Financial Planning

Briefly answer the following questions in essay form not exceeding 3 sentences for 5
points each:

A. Financial ratios are useless if they will not be a guide towards decision making for
improvement of the business operations. Why is financial planning relevant in this
scenario?

B. There are various ways or sources by which spontaneous funds can increase. Give one ans
explain its implication.

C. When the budget plan for the next month will not be sufficient to support the business
operations, the company should resort to EFN. What is it and how is it sourced?

ST. ANTHONY MONTESSORI 2

Part 2: Understanding Banking Terms
Write a Tagalog or Taglish explanation of the following concepts. Pure English is not
allowed. Each item is worth 3 points.

A. Outstanding Checks

B. Time Deposit

C. Imprest System

D. Passbook

E. Bank Reconciliation Statement

Part 3: Analyzing Check Issuance Process

When paying for purchases, ABC Corp. owned by BM Arthur Blanco is using check. He
wrote a check ordering to pay VR Patron Builders P2 million for a cement batching
agreement. The same check was brought by the agent of VR Patron Builders for presentment
and encashment to Bank of the Philippine Island (BPI).

Discuss fully and completely in essay form the parties involved in this process. What
are they called and what are their roles? This is worth 10 pts.

ST. ANTHONY MONTESSORI 3

 Answer:

Part 3: Remembering Philippine Banknotes

Complete the table below for 15 points:

Amount National Figures Philippine Animals Featured Places

20

50

1000

200

100

500

Part 4: Remembering Parts of ATM Card

Complete the list of parts below for 15 points:

FRONT
1. _________________________________
2. _________________________________
3. _________________________________
4. _________________________________
5. _________________________________
BACK
1. _______________________________
2. _______________________________
3. _______________________________
4. _______________________________
5. _______________________________

ST. ANTHONY MONTESSORI 4

 FRONT:

BACK:

END OF EXAM
-NOTHING FOLLOWS-

ST. ANTHONY MONTESSORI 5