Question for CS Executive (Financial and Strategic Management) 2026 - Quiz / Questions / MCQ

Objective Questions

Latest CS Executive Financial and Strategic Management Exam Question (Objective Questions), MCQ in English

Subjects : Financial Management, Strategic Management

Question Bank CS Executive (Financial and Strategic Management) Module I Exam Paper 8 - English

Financial Management

Question 1Single Answer

Financial management means the management of finance of a business or an organization in order to achieve __________ the objectives

A
Financial
B
Social
C
Financial and Social
D
None of the above

Question 2Single Answer

__________ is that business activity which concerns with the acquisition and conversion of capital funds in meeting financial needs and overall objectives of a business enterprise .

A
Structured Finance
B
Business Finance
C
Legal
D
Sourcing

Question 3Single Answer

__________ is broadly concerned with raising of funds, creating value to the assets of the business enterprise by efficient allocation of funds

A
Financial management
B
Treasury Management
C
Liquidity Management
D
Fund Management

Question 4Single Answer

Financial Management is concerned with .

A
Investment Decision
B
Financing Decision
C
Dividend Decisions
D
All of the above

Question 5Single Answer

________ are concerned with the determination of how much funds to procure from amongst the various avenues available i.e. the financing mix or capital structure :

A
Investment Decision
B
Financing Decision
C
Dividend Decisions
D
All of the above

Question 6Single Answer

________ is to decide whether the firm should distribute all profits or retain them or distribute a portion and retain the balance :

A
Investment Decision
B
Financing Decision
C
Dividend Decisions
D
All of the above

Question 7Single Answer

_________ ensures that firm utilizes its available resources most efficiently under conditions of competitive markets .

A
Profit maximisation
B
Wealth maximisation
C
Goal maximisation
D
None of the above

Question 8Single Answer

________ means the management of an organization maximizes the present value not only for shareholders but for all including employees, customers, suppliers and community at large .

A
Profit maximisation
B
Wealth maximisation
C
Goal maximisation
D
None of the above

Question 9Single Answer

Which of the following is not a correct statement ?

A
Profit maximisation is vague conceptually
B
Profit maximisation ignores timing of returns
C
Profit maximisation emphasis is generally on short run projects
D
Profit maximisation considers timing of returns

Question 10Single Answer

Advantage of profit maximisation is :

A
Easy to calculate profits
B
Easy to determine the link between financial decisions and profits
C
Both (a) and (b)
D
None of the above

Question 11Single Answer

Which of the following is not the advantage of wealth maximisation ?

A
Emphasizes long term
B
Recognises risk and uncertainty
C
Recognises the timings of return
D
Easy to determine the link between financial decisions and profits

Question 12Single Answer

______is the after tax cash flow generated by a business minus the cost of the capital it has deployed to generate that cash flow

A
Net Present Value (NPV)
B
Economic Value Added (EVA)
C
Internal Rate of Return (IRF3)
D
Discounted Cash Flow

Question 13Single Answer

Which of the following statement is not correct ?

A
There are two key components to EVA. The net operating profit after tax (NOPAT) and the capital charge, which is the cost of capital times the amount of capital
B
EVA underlines shareholder value
C
There is no difference EVA, earnings per share return on assets and discounted cash flow, as a measure performance
D
EVA = (operating profit) – (capital charge)

Question 14Single Answer

Finance Manager has to take following decision :

A
Investment decision
B
Financing decision
C
Dividend decision
D
All of the above

Question 15Single Answer

At risk - return trade off, market price of share is :

A
Minimised
B
Maximised
C
No affect
D
Uncertain

Question 16Single Answer

Which of the following statement is correct ?

A
Current Ratio is the ratio of current assets to current liabilities
B
Current Ratio is the ratio of current assets to short term liabilities
C
Current Ratio is the ratio of current assets to long term liabilities
D
Current Ratio is the ratio of current assets and fixed assets to current liabilities

Question 17Single Answer

Liquidity ratio enables a company to assess its

A
Current Assets only
B
Current liabilities only
C
Net Working Capital
D
Fixed Assets

Question 18Single Answer

Net working capital is :

A
Current Assets + Current Liabilities
B
Current Assets - Current Liabilities obligations
C
Current Assets - Total Liabilities
D
Current Assets + Fixed Assets-Current Liabilities

Question 19Single Answer

Financial decisions are affected by liquidity analysis of a company in the following areas :

A
Management of cash and marketable securities
B
Credit policy of a firm and procedures for realisation
C
Management and control of inventories
D
All of the above

Question 20Single Answer

Failure of a firm is technical if it is unable to meet its

A
Current
B
Non-current
C
Both (a) and (b)
D
None of the above

Question 21Single Answer

Which of the following is solvency ratio :

A
Debt to Equity ratio
B
Debt to total Funds Ratios
C
Interest coverage ratio
D
All of the above

Question 22Single Answer

Study of financial management :

A
Is an art
B
Is a science
C
Mixture of science as well as art
D
None of the above

Question 23Single Answer

Which of the following is not a direct function of finance manager :

A
Forecasting of cash flow
B
Raising funds
C
To facilitate cost control
D
To arrange board meeting

Question 24Single Answer

________ reflects on the ability of management to earn a return on resources put in by the shareholders evaluating the performance of the company in different spheres .

A
Profitability ratio
B
Liquidity Ratio
C
Solvency Ratio
D
Net Working Capital

Question 25Single Answer

Finance function includes

A
Financial control
B
Effective assets management
C
Financial planning
D
All of the above

Question 26Single Answer

Finance function includes

A
Procurement of additional capital for expansion and extension
B
Evaluating financial performance
C
Allocation of net profits
D
Preparation of annual financial statement and determination
E
All of the above

Question 27Single Answer

The functions of finance manager are

A
Financial planning and procurement of funds’
B
Co-ordination and control
C
Business forecasting
D
All of the above

Question 28Single Answer

Financial management is a part of -

A
Business management
B
Financial accounting
C
Management accounting
D
Human resource management
E
All of the above

Question 29Single Answer

The financial management is responsible for the_______ function of the concern .

A
Finance
B
Marketing
C
Accounting
D
Managerial
E
All of the above

Question 30Single Answer

Match the following -
Part (A) Part (B)
(Authors) (Statement of authors)
1. Howard and Upton (a) Financial management is the application of planning and control function to the finance function
2. Weston and Brighan (b) Financial management is an area of financial decision making harmonising individual motives and enterprise goals
3. Joseph L. Massie (c) Financial management is the operational activity of a business that is responsible for obtaining and effectively utilising the funds necessary
for efficient operations
4. Ezra Soloman (d) Financial management is concerned with the efficient use of an important economic resource, namely Capital Fund

A
1 2 3 4
(a) (b) (c) (d)
B
(d) (c) (a) (b)
C
(c) (a) (b) (d)
D
(c) (d) (a) (b)
E
(a) (c) (d) (d)

Question 31Single Answer

The profit maximisation is a vague concept.This is a -

A
Limitation of profit maximisation objective
B
Importance of profit maximisation objective
C
Concept of profit maximisation objective
D
Principle of profit maximisation objective
E
All of the above

Question 32Single Answer

The profit maximisation objective ignores time value of money. Is this statement true ?

A
Yes
B
No
C
Cannot say
D
All of these
E
None of the above

Question 33Single Answer

Which of the following is a limitation of profit maximisation objective ?

A
Financial management ignores time value of money
B
Financial management overlooks quality aspect of profit from future activities
C
Ignores social responsibility of business
D
All of these
E
None of the above

Question 34Single Answer

How to achieve wealth maximisation ?

A
Avoid high level of risks
B
Reduction in cost
C
Pay dividends
D
Seek growth
E
All of the above

Question 35Single Answer

Which of the following is function of financial management ?

A
Planning of funds
B
Raising of funds
C
Allocation of funds
D
Control of funds
E
All of the above

Question 36Single Answer

Which of the following finance functions was written by John J Hampton ?

A
Managing funds
B
Managing assets
C
Liquidity functions
D
Profitability function
E
All of the above

Question 37Single Answer

Which of the following is not function of Financial controller ?

A
Financial statements
B
Internal audit
C
Social responsibility
D
Safety of records
E
Budget

Question 38Single Answer

Which of the following is not function of treasurer ?

A
Management of cash
B
Management of credit
C
Inventory management
D
Management of pension
E
Distribution of dividend

Question 39Single Answer

_________ Is concernrd more and more with the questions as to how cost of funds be measured and how the expected returns on projects be measured

A
Investing decision
B
Financing decision
C
Dividend decision
D
All of the above

Question 40Single Answer

Financing decision aims at :

A
Maximising returns on investments
B
Minimising risk
C
Both (a) and (b)
D
None of the above

Question 41Single Answer

Current Ratio which is the ratio of current assets to current liabilities. is widely used by corporate units to judge the ability to discharge short-term liabilities covering the period upto __________ .

A
One month
B
One year
C
Five year
D
Life time

Question 42Single Answer

Liquidity ratio enables a company to assess its _________ .

A
Net working capital
B
Sales
C
Performance
D
None of the above

Question 43Single Answer

The only feasible purpose of Financial Management is :

A
Wealth Maximisation
B
Sales Maximisation
C
Profit Maximisation
D
Assets maximisation

Question 44Single Answer

Finance Function comprises

A
Safe custody of funds only
B
Expenditure of funds only
C
Procurement of finance only
D
Procurement & effective use of funds

Question 45Single Answer

The objective of wealth maximization takes into account

A
Amount of returns expected
B
Timing of anticipated returns
C
Risk associated with uncertainty of returns
D
All of the above

Question 46Single Answer

Financial management mainly focuses on

A
Efficient management of every business
B
Brand dimension
C
Arrangement of funds
D
All elements of acquiring and using means of financial resources for financial activities

Question 47Single Answer

If the Present Value of Cash Inflows are greater than the Present Value of Cash Outflows, the project would be

A
Accepted
B
Rejected with condition
C
Rejected with approval
D
Rejected

Question 48Single Answer

Finance functions are :

A
Planning for funds
B
Raising of fund
C
Allocation of resources
D
All of the above

Question 49Single Answer

Time value of money indicates that

A
A unit of money obtained today is worth more than a unit of money obtained in future
B
A unit of money obtained today is worth less than a unit of money obtained in future
C
There is no difference in the value of money obtained today and tomorrow
D
None of the above

Question 50Single Answer

If the nominal rate of interest is 10% per annum and there is quarterly compounding, the effective rate of interest will be :

A
10 % per annum
B
10.10 % per annum
C
10.25 % per annum
D
10.38 % per annum

Important Questions Package

CS Executive Financial and Strategic Management Exam Online Question Bank Package

Buy CS Executive Financial and Strategic Management Important Questions, MCQ, question answer in Hindi & English. It will help you to score high marks in CS Executive Financial and Strategic Management question bank 2026 in Online, PDF & Print study material.

+ Free Monthly Current Affairs, GK & more PDF Download

Sr.	Package Name	Amount
1.	CS Executive (Financial and Strategic Management) Module I Exam Paper 8 - English Description : 1000 Question with Answer	₹61 ~~[₹500]~~
2.	CS Executive (Financial and Strategic Management) Module I Exam Paper 8 - English Description : 1500 Question with Answer	₹65 ~~[₹500]~~
3.	CS Executive (Financial and Strategic Management) Module I Exam Paper 8 Question Bank Book - English Description : 1000 Question with Answer (Printed Material)	₹390 ~~[₹600]~~

Strategic Management

Question 51Single Answer

________is a process of making most efficient use of resources through and with people for attaining defined organizational objectives by most economical and effective planning and execution .

A
Management
B
Planning
C
Defining
D
Coordinating

Question 52Single Answer

Management can be viewed as .

A
A process of continuing and inter-related activities
B
Concentrates on attaining organizational goals
C
Focuses on working with and through human and other organizational resources
D
All of the above

Question 53Single Answer

Who defined Management as “the art of getting things done through and with people in formally organised groups” in the book 'The Management Theory Jungle”

A
Harold Koontz
B
Henri Fayol
C
Peter Drucker
D
George R.Terry

Question 54Single Answer

Who defined Management as “To manage is to forecast and to plan, to organise, to command, to co-ordinate and to control” in the book “Industrial and General Administration”

A
Harold Koontz
B
Henri Fayol
C
Peter Drucker
D
George R.Terry

Question 55Single Answer

Who defined Management as “a multi-purpose organ that manages business and manages managers and manages workers and work.” in the book “The Principles of Management ”

A
Harold Koontz
B
Henri Fayol
C
Peter Drucker
D
George R.Terry

Question 56Single Answer

Who defined Management as “Distinct process consisting of planning, organizing, actuating and controlling performed to determine and accomplish the objectives by the use of people and resources”

A
Harold Koontz
B
Henri Fayol
C
Peter Drucker
D
George R.Terry

Question 57Single Answer

Who defined Management as “Process of getting things done through people"

A
Henri Fayol
B
Peter Drucker
C
George R.Terry
D
American Management Association

Question 58Single Answer

Who defined Management as “the art of getting things done through people”

A
Peter Drucker
B
George R.Terry
C
American Management Association
D
Mary Parker Follet

Question 59Single Answer

Features of management include

A
Continuous and never-ending process
B
Result oriented process
C
Multi disciplinary in nature
D
All of the above

Question 60Single Answer

Which of the following is not true with respect to management ?

A
Pervasive and situational in nature
B
Separate from ownership
C
Follows established principles or rules
D
Aided and can be replaced by Computers

Question 61Single Answer

Key functions of management include :

A
Planning
B
Organising
C
Directing
D
Controlling
E
All of the above

Question 62Single Answer

Management is not an individual but_______ activity .

A
Group
B
Planning
C
Managing
D
Organisational

Question 63Single Answer

Management is Situational in nature as .

A
it makes plans, policies and decisions according to the requirement of the current situation
B
it changes its style as per the changing situation
C
it uses different plans and policies for diverse situations
D
All of the above

Question 64Single Answer

Management is

A
Both an art and science
B
An art
C
Science
D
None of the above

Question 65Single Answer

Management is pervasive in nature. It is present in

A
Business institutions
B
Educational, charitable and religious institutions
C
Non-profit institutions
D
All of the above

Question 66Single Answer

Approach required by the managers in getting the work done from their team mates

A
Professional
B
Friendly
C
Unprofessional
D
None of the above

Question 67Single Answer

Match the following :
List I List II
(Thinkers) (books)
A. Harold Koontz 1. The principles of Management
B. Henri Fayol 2. The Management Theory jungle
C. Peter Durcker 3. Industrial and General Administration

A
A. B. C
1 2 3
B
2 3 1
C
3 2 1
D
1 3 2

Question 68Single Answer

Match the following :
List I List II
(Thinkers) (Ideas)
A. Harold Koontz 1. A multi-purpose organ that manages business and manages managers and manages workers and work
B. Henri Fayol 2. Distinct process consisting of planning, organizing, controlling and accomplish the objectives by the use of people and resource
C Peter Drucker 3. the art of getting things done through others
D. George R.Terry 4. Management includes forecasting, planning, organising, co-ordinating and controlling
Codes :

A
A. B. C. D
1 2 3 4
B
2 3 1 4
C
3 2 4 1
D
3 4 1 2

Question 69Single Answer

Who gave the 14 principles of classical management theory ?

A
Henri Fayol
B
Peter Drucker
C
George Terry
D
Harold Koontz

Question 70Single Answer

Match the following :
List I                                                            List II
(Question) (Function)
A. What is the need ? 1. Actuating
B. Where and who should do work ? 2. Planning
C. Why and how to perform tasks ?          3. Organizing
D. Are the actions as per plan ?                4. Controlling
Codes :

A
A. B. C. D.
1 2 3 4
B
4 3 2 1
C
2 3 1 4
D
2 3 4 1

Question 71Single Answer

Planning includes .

A
Objectives
B
Goals
C
Policies, procedures and methods
D
All of the above

Question 72Single Answer

Organizing includes

A
Work division
B
Work assignment
C
Authority utilization
D
All of the above

Question 73Single Answer

Actuating includes

A
Leadership
B
Communication
C
Development and incentives
D
All of the above

Question 74Single Answer

Controlling includes

A
Reports
B
Comparisons
C
Costs and budgets
D
All of the above

Question 75Single Answer

Who published the essay on management titled, 'Management: A Systems and Contingency Analysis of Managerial Functions’.

A
Harold Koontz and Cyril O’Donnell
B
Peter Drucker
C
Harold Koontz
D
Henry Fayol

Question 76Single Answer

According to Koontz and Donnell, the 5 functions of management includes .

A
Planning, Organizing, Staffing, Directing/Leading and Controlling
B
Planning, coordinating, Staffing, Directing, Performing
C
Planning, Performing, directing, Controlling, Developing
D
All of the above

Question 77Single Answer

Planning includes

A
Chalking out future courses of action to be followed
B
Identification of tasks required to realize the desired goals
C
Knowledge about vision and mission of the organisation
D
All of the above

Question 78Single Answer

Who is the Father of Principles of management

A
Henry Fayol
B
Peter Drucker
C
Mary Parkett
D
Elton Mayo

Question 79Single Answer

What forms the nucleus of the planning process

A
Objectives
B
Policies
C
Programmes
D
Forecasting

Question 80Single Answer

Which of the following is not a step in Planning process

A
Establishment of objectives
B
Establishment of planning premises
C
Optimum utilisation of resources
D
Choice of alternative courses of action

Question 81Single Answer

Which of the following is not a step in Planning process

A
Formulation of derivative plans
B
Securing Co-operation
C
Follow up and appraisal plan
D
Clarity in working relationship

Question 82Single Answer

Objectives must not be

A
Practical
B
Unacceptable
C
Feasible
D
Realizable

Question 83Single Answer

Planning premises may be

A
Internal
B
External
C
Both (a) & (b)
D
None of the above

Question 84Single Answer

Internal premises are

A
Controllable
B
Non-uncontrollable
C
Both of the above
D
None of the above

Question 85Single Answer

External premises are

A
Controllable
B
Non-uncontrollable
C
Both of the above
D
None of the above

Question 86Single Answer

Derivative plans are also known as

A
Sub-plans
B
Secondary plans
C
Master plan
D
Both (a) & (b)

Question 87Single Answer

Derivative plans will not include

A
Sales maximization
B
Production maximization
C
Productivity
D
Cost maximisation

Question 88Single Answer

Final step of the planning process is

A
Feedback
B
Follow up/Appraisal of plans
C
Execution
D
Controlling

Question 89Single Answer

What follows Planning ?

A
Organizing
B
Controlling
C
Coordinating
D
Arrangement

Question 90Single Answer

What brings together human, physical and financial resources of the organization ?

A
Organizing
B
Planning
C
Executing
D
Controlling

Question 91Single Answer

Organizing

A
is the synchronization of all three resources essential to derive the results
B
Facilitates the achievement of results
C
Divides the resources to execute such plan
D
All of the above

Question 92Single Answer

According to ________ “Organizing is a function by which the concern is able to define the role positions, the jobs related and the co-ordination between authority and responsibility. Hence, a manager always has to organize in order to get results.”

A
Chester Bernard
B
Henry Fayol
C
Peter Drucker
D
Harold Koontz

Question 93Single Answer

Essentials of organizing do not include

A
Benefits of Specialisation
B
Clarity in Working Relationship
C
Minimum utilisation of resources
D
Adaptation to Change

Question 94Single Answer

Organizing is incomplete without

A
Effective Administration
B
Development of Personnel /Delegation of authority
C
Expansion and Growth
D
All of the above

Question 95Single Answer

Steps in organizing

A
Identification of activities
B
Departmentally organizing the activities
C
Classifying the authority
D
Co-ordination between authority and responsibility
E
All of the above

Question 96Single Answer

The function of recruiting, selecting, developing and assigning the personnel in an organisation is

A
Staffing
B
Recruitment
C
Selection
D
Interview

Question 97Single Answer

Who defined staffing as 'recruitment, selection, development and compensation of subordinates '

A
Theo Haimann
B
Peter Drucker
C
Koontz and Donnell
D
Yale

Question 98Single Answer

Staffing is essential to

A
Guarantee the operational functionality of the organization
B
Assure the organizational efficiency
C
Create development opportunities for workplace
D
All of the above

Question 99Single Answer

Staffing is not

A
Pervasive
B
Inseparable managerial function
C
Efficient management of personnel
D
Seasonal activity

Question 100Single Answer

According to _________, staffing “involves manning the organisation structure through proper and effective selection, appraisal and development of personnel to fill the roles designed on the structure”.

A
Koontz & O’Donell
B
Peter Drucker
C
Henry Fayol
D
Koontz

Back to Exam

Latest CS Executive Financial and Strategic Management Exam Question (Objective Questions), MCQ in English

Financial Management

CS Executive Financial and Strategic Management Exam Online Question Bank Package

Strategic Management

Quick View