TEST SELECTIVIDAD 306.- Created by Antonio Ginés

The payments deferrals granted by commercial traffic providers are:
1. Third-party financing
2. Internal financing
3. Maintenance self-financing
The pay-back period of an investment is:
1. The difference between the charge generated by a given investment at a given time and the payment that that investment requires at that time
2. The period of time in which the income produced as a result of the investment equals the initial outlay made
3. The interest of discount rate that makes your net present value equal to zero
The credit account:
1. It's the automatic financing that the company gets when it owes the purchases it makes to suppliers
2. It's the financing that the company obtains from a financial institution to anticipate possible needs without knowing the exact amount that it will require
3. It consists in that the company asks for money from a financial institution to cover its needs and after a while it returns it together with the agreed interest
A negative working capital means:
1. That a part of the non-current assets would be financed with the non-current liabilities
2. That a part of the non-current assets would be financed with the non-current liabilities
3. That part of the non-current assets would be financed with current liabilities
What is the name of the form of business financing that consists of the transfer of all credit rights over customers to another company?
1. Renting
2. Vending
3. Factoring
The commercial discount represents a financial instrument through which:
1. A bank advances the amount of a bill signed by a client of the company with a future maturity, discounting a commission
2. A bank advances the amount of an invoice in exchange for a share in the profit of the company
3. A bank advances the amount of an invoice and in return a commission is deducted for the risk assumed
What is understood by external financing?
1. It's the one provided by the banks and other creditors
2. It's the one provided by the employer
3. It's what customers provide
What is factoring?
1. It's one of the factors of production
2. It's the transfer of the right of collection on the clients to another company
3. It's the set of invoices that a company has to collect
Reserves:
1. They are contributed by the partners as well as the capital
2. They are part of external financing
3. They are self-financing of the company
If when selecting an investment, the most important criterion for the company is liquidity, it will choose the investment project:
1. With less payback period
2. With higher NPV
3. With longer paybak period
The average maturation period refers to:
1. How long a new product takes to establish itself in the market
2. The average duration of the operating cycle
3. The length of the product life cycle
In the shares we can talk about:
1. Cash value and productive value
2. Nominal value and theoretical value
3. Nominal value and net value
What is a financial asset?
1. A bank or insurance worker
2. A real estate asset, such as buildings and land
3. A document issued by entities that need financing and that represents a debt or a property right
A share differs form a bond in:
1. That the share is an aliquot part of the capital of the company and the bond is an aliquot part of a debt
2. There is no difference between the two
3. That the bond gives the right to vote at the General Meeting and the share doesn't
The essential characteristics of an investment are:
1. Liquidity, profitability and sociability
2. Liquidity, profitability and risk
3. Liquidity, profitability and balance
In the so-called "new economy":
1. Information is losing importance
2. The economic reality is characterized by great changes due to the use of new technologies
3. A new era appears based on the great importance that product quality acquires
Information and communication technologies (ICT):
1. They are only important in multinational companies
2. Since they require a high investment, they are only viable for large companies
3. They represent a source of competitive advantage for all companies
The recovery period or pay-back is defined as:
1. The period of time required to recover the initial investment of a project
2. The period of time required to recover the first monetary unit invested in the project
3. The average time period to charge customers
When the current assets is less than the current liabilities, it's said that:
1. The working capital is positive
2. The working capital is negative
3. The working capital is negligible
What is the IRR?
1. The time required to recover an investment
2. The update rate that makes the NPV greater than zero
3. The relative profitability of an investment project
What is the NPV of an investment?
1. None of the other answers is correct
2. The IRR multiplied by the initial outlay
3. The updated payback period
What is leasing:
1. An employment contract
2. A finance lease
3. A contract with a bank to get a loan
What is the meaning of the technical depreciation of an asset?
1. The return of the money that they have lent us to buy said fixed assets
2. The repayment of the loan with its interests
3. The estimate of the depreciation of fixed assets
Which of these financial sources belongs to the long-term payable?
1. Issuance of bonds
2. Commercial credit
3. Factoring
In a public limited company, what is the share capital equal to?
1. To the number of shares multiplied by the market value of each share
2. To the number of shares multiplied by the nominal value of each share
3. To the number of bonds multiplied by the nominal value of each bond