CS Professional Important Financial Management Theory question exam paper set 3
Financial Management Theory question
(I)Dividend policy is strictly a financing decision and payment of cash dividendis a passive residual.
(ii) Depository system functions very much like banking system.
(iii) Accounting profit does not take into account a1 costs of capital investedin business.
(iv) The mark-to-market process is lengthy for index futures.
(v) Financial gearing is a fair weather friend.