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UNIVERSITY OF SURREY©
SII DUFE
Faculty of Arts and Social Sciences
Surrey Business School
Undergraduate Programmes in Business Management
Module MAN2089: 15 credits
BUSINESS FINANCE
(Closed Book Mid Term Examination)
Time Allowed: 60 minutes MID-TERM TEST Sem 1 2016-17
Instructions to Candidates:
1.) Students are required to answer ALL 20 multiple choice questions.
2.) Write down your Student ID and name on the answer sheet.
3.) Answer each question on the answer sheet provided.
4.) Each question has only one best answer.
5.) All the questions are equally weighted.
6.) Do not put your completed answer sheet inside the question book – they will be
collected separately.
7.) You are advised to use a pencil so you can make corrections
Additional material:
Formula Sheet
© Please note that this Mid Term exam paper is copyright of the University of Surrey and may not be reproduced,
republished or redistributed without written permission
1. Which one of the following is a working capital management decision?
a. Determining the amount of equipment needed to complete a job.
b. Determining whether to pay cash for a purchase or use the credit offered by
the supplier.
c. Determining the amount of long-term debt required to complete a project.
d. Determining whether or not a project should be accepted.
e. Determining the number of shares of stock to issue to fund an acquisition.
2. Maximization of shareholder wealth is a co
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