Which of the following tests is conducted to analyze employment traits like self-confidence, sociability, flexibility, creativity, and curiosity?

• A) Aptitude test
• B) Personality test
• C) Intelligence test
• D) Achievement test

Which of the following can be defined as “Immediate payments made by customer/importer to the seller/exporter by presenting correct documents in the required time frame?

• A) Revocable Letter of Credit (LC)
• B) Sight Letter of Credit (LC)
• C) Irrevocable Letter of Credit (LC)
• D) Insight Letter of Credit (LC)

All of the following are true regarding the cash flow statement EXCEPT:

• A) This statement explains the causes of the change in the cash balance
• B) This statement classifies cash transactions as operating, investing, or financing
• C) This statement reports information as of a certain date and therefore, is dated like the balance sheet
• D) Cash outflows are shown in parentheses to indicate that payments must be subtracted

Which of the following is the best indicator to understand the liquidity of a company?

• A) Net working capital
• B) Fixed working capital
• C) Regular working capital
• D) Variable working capital

All of the following are general credentials for your lending bank EXCEPT:

• A) Letter of credit
• B) Proof of company ownership
• C) Brochure on your business
• D) Letters of introduction

Which of the following is a cost which remains fix in total but varies per unit of sales?

• A) Selling Price
• B) Breakeven Point
• C) Variable cost
• D) Fixed cost

According to the prudential regulations, financial accounts of the business are required to be signed by the borrower where?

• A) loan amount is equal to Rs. 2 million
• B) loan amount is less than Rs. 2 million
• C) loan amount is less than Rs.1 million
• D) loan amount exceeds Rs. 2 million

The borrower and internal auditor of the bank, or a charted accountant must sign the accounts where?

• A) loan amount is less than Rs. 2 million
• B) loan amount is less than Rs.1 million
• C) loan amount exceeds Rs. 2 million
• D) loan amount is equal to Rs. 2 million

Which of the following is NOT true?

• A) Cash and profits are not same thing, even in cash business
• B) Cash and profits are same thing, even in cash business
• C) A business needs both cash and profits to survive
• D) There are at least three sorts of profit to keep track of

Which of the following is most important item for a business that can be extracted from financial statements?

• A) Cash Flow
• B) Internal Rate of Return
• C) None of the given options
• D) Net Present Value

Which of the following are “subsidized institutions” helping the entrepreneurs to provide the finance for working capital?

• A) Micro-finance institutions
• B) All of the given options
• C) Financial institution of industrial Zones
• D) SME Bank

“Form-29” a legal document provided under Company Ordinance 1984 to a private limited company. This form includes all of the following EXCEPT:

• A) The Chief Executive
• B) Particulars of Directors
• C) Chief Accountant
• D) Share Holder

Current ratio is the relationship of current assets and current liabilities, how these two terms are interrelated?

• A) Current assets + current liabilities
• B) Current assets × current liabilities
• C) Current assets ÷ current liabilities
• D) Current assets – current liabilities

Working capital is the ______________ current assets over liabilities.

• A) Excess of
• B) Difference of
• C) Ratio of
• D) Projection of

The information about cash flow of operations and transactions is presented under which of the following parts of a business plan?

• A) The Market
• B) The Business
• C) Organization and Management
• D) The Financial Projections

If the duration of production process increases and completed in stages, the size of working capital required in process will be_________________.

• A) Independent
• B) Increased
• C) Decreased
• D) Unchanged

The standard financial reports required by lender bank to have up-to-date financial information on your business include all of the following EXCEPT:

• A) Cash-Flow Statements
• B) Balance Sheet
• C) Planned capital expenditure
• D) Profit-and-Loss account

Which of the following is the expressed form of DFI?

• A) Direct Foreign Information
• B) Direct Foreign Investment
• C) Default Federal Institute
• D) Default Financial Institution

What is the sound liquidity ratio in term of net working capital?

• A) 3:1
• B) 1:2
• C) 4:1
• D) 2:1

Feasibility study is not dissimilar in its presentation to which of the following?

• A) Business plan
• B) Competitor analysis
• C) Market survey
• D) Market testing