NAME: _______________________________________________________ SCORE: ________________

BUSINESS FINANCE (QUIZ-3RD QTR)

IDENTIFICATION: Write the correct answer on the space provided for each item.(2pts each)
_______________________________1. These are a set of goals that lay out the overall direction of the
company.
____________________________2. It is an important aspect of the firm’s operations because it provides road
maps for guiding, coordinating, and controlling the firm’s actions to achieve its objectives (Gitman &
Zutter, 2012).
____________________________3. It is about setting the goals of the organization and identifying ways on
how to achieve them (Borja& Cayanan, 2015).
____________________________4. Top management is still involved but there is more participation from
lower level managers (production, marketing personnel, finance and plant facilities) because their inputs are
crucial at this stage since they are the ones who implement these plans.
Enumerate the steps in Financial Planning Process.(IN ORDER) 2 pts each.
5.__________________________________________________

6. __________________________________________________

7. __________________________________________________

8. __________________________________________________

9. __________________________________________________

10. __________________________________________________

NAME: _______________________________________________________ SCORE: ________________

BUSINESS FINANCE (QUIZ-3RD QTR)

IDENTIFICATION: Write the correct answer on the space provided for each item.(2pts each)
_______________________________1. These are a set of goals that lay out the overall direction of the
company.
____________________________2. It is an important aspect of the firm’s operations because it provides road
maps for guiding, coordinating, and controlling the firm’s actions to achieve its objectives (Gitman &
Zutter, 2012).
____________________________3. It is about setting the goals of the organization and identifying ways on
how to achieve them (Borja& Cayanan, 2015).
____________________________4. Top management is still involved but there is more participation from
lower level managers (production, marketing personnel, finance and plant facilities) because their inputs are
crucial at this stage since they are the ones who implement these plans.
Enumerate the steps in Financial Planning Process.(IN ORDER) 2 pts each.
5.__________________________________________________

6. __________________________________________________

7. __________________________________________________

8. __________________________________________________

9. __________________________________________________

10. __________________________________________________