Quiz

CREDIT AND COLLECTION: What is the primary objective of a credit and collection policy?

A. To maximize credit sales without assessing risk

B. To ensure timely collection of receivables while managing credit risk

C. To increase the company’s liabilities

D. To avoid granting credit to customers

MONETARY POLICY AND CENTRAL BANKING: Which of the following is a primary tool of monetary policy used by central banks? :

A. Taxation

B. Open market operations

C. Government spending

D. Price controls

INVESTMENT AND PORTFOLIO MANAGEMENT: What is the main purpose of portfolio diversification?

A. To maximize risk exposure

B. To reduce overall investment risk

C. To invest in a single asset for higher returns

D. To focus only on short-term gains

-Philip Fisher

-Warren Buffett

- Benjamin Franklin