First Day Assignment

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GOOD NEWS ACADEMY, INC.

#5 Quisumbing St., Trancoville, Baguio City

BUSINESS FINANCE
June 10-11, 2019

Name: SCORE:

PLACE YOUR ANSWER IN YOUR NOTEBOOK. Please use Ordinary Composition Notebook (80pages). Observe Margins.
To be submitted on JUNE 13, 2019.

1. What is finance?
2. Why do we need to study finance?
3. What was the most recent financial decision you made? What were the factors that you considered in
making that decision?
4. Do you agree that all people need money to live? Why or why not?
5. What is money? Explain its three basic functions.
6. Discuss the three important concepts that must be remembered in making sound financial decisions.
7. Describe the carer options available to anyone who wants to pursue finance. Which among these options
interests you? Why?
8. Explain how the financial environment operates.
9. Describe the three areas that characterize the financial environment.
10. What is a financial instrument?
11. Compare and contrast debt security and equity security.
12. Why are financial institutions important?
13. What is a bank?
14. Differentiate universal and commercial banks, thrift banks, and rural and cooperative banks. Provide two
examples each.
15. How does an insurance company work? Provide two examples of an insurance company.
16. What are lending institutions? Research on how they accumulate funds to be availed for as loan.
17. What are financial markets?
18. Differentiate money markets and capital markets.
19. Differentiate primary markets and secondary markets.
20. Describe the four types of secondary markets.
21. Is finance important to other functions of business? Why or why not?
22. Who is responsible for financial management within an organization?
23. Explain the importance of corporate governance.
24. Explain how a financial manager oversees the cash flow (inflow and outflow) in an organization.
25. What are the primary tasks of a financial manager?
26. Differentiate treasurer and controller.
27. In what ways can the financial manager helps in achieving the goal of the organization?
28. Describe the main objective of the financial manager?
29. Discuss goal congruence.
30. How can the financial manager ensure that finance objectives are aligned with the organizational goal?

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