Enterprise Value Trivia Questions
This quiz is made up of Enterprise Value Trivia Questions. It is designed to help business students refresh their understanding of the topic. The basic formula for getting the total enterprise value is subtracting the total debt of the company from the available cash. Take up the quiz and get to see just how much you understood this topic. All the best!
- 1.
Louisa and Bill go to their local Nationwide, who they bank with, to discuss some mortgage options. This type of advice is;
- A.
Free financial advice
- B.
Independent financial advice
- C.
Tied financial advice
- D.
Bad financial advice
Correct Answer
C. Tied financial adviceExplanation
The correct answer is Tied financial advice. Tied financial advice refers to advice provided by a financial advisor who is restricted to recommending products from a specific company or group of companies. In this case, since Louisa and Bill are discussing mortgage options with their own bank, Nationwide, the advice they receive would be considered tied financial advice.Rate this question:
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- 2.
This type of mortgage is similar to a fixed rate mortgage in that it will not rise above a pre-set rate. This type of mortgage is known as a;
- A.
Discounted Mortgage
- B.
Capped Mortgage
- C.
Endowment Mortgage
- D.
Tracker Mortgage
Correct Answer
B. Capped MortgageExplanation
A capped mortgage is similar to a fixed rate mortgage as it has a pre-set rate that it will not exceed. However, unlike a fixed rate mortgage, the interest rate on a capped mortgage can fluctuate and go down if the market rates decrease. This type of mortgage offers some flexibility to borrowers as it provides a cap on the maximum interest rate they will have to pay, protecting them from significant increases in their monthly payments.Rate this question:
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- 3.
Men and women are equal in the workplace. This ideal is protected by what act;
- A.
Sex Discrimination Act
- B.
Race Discrimination Act
- C.
Copyright Designs and Patents Act
- D.
Disability Act
Correct Answer
A. Sex Discrimination ActExplanation
The Sex Discrimination Act is the correct answer because it is a legislation that protects individuals from being discriminated against based on their sex or gender in various areas, including the workplace. This act ensures that men and women are treated equally and have the same opportunities and rights in employment, promotion, and other work-related matters. It prohibits gender-based discrimination and promotes gender equality in all aspects of employment.Rate this question:
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- 4.
Equity from property, what is all that about?
- A.
Getting a bank loan from any bank
- B.
Getting a loan and using your property as security
- C.
The money your house makes you
- D.
The amount of money you save by renting a property
Correct Answer
B. Getting a loan and using your property as securityExplanation
Equity from property refers to the practice of using one's property as collateral to obtain a loan. This means that if the borrower defaults on the loan, the lender has the right to seize the property in order to recover their money. By using their property as security, individuals can access larger loan amounts and potentially secure lower interest rates. This practice is commonly used in mortgage loans, where the property serves as collateral until the loan is fully repaid.Rate this question:
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- 5.
Which legilsation protects the rights of investors to stop other people using their ideas without permission?
- A.
National Minimum Wage Act
- B.
Employment Equality (Age) Regulation 2006
- C.
Copyright Designs and Patents Act
- D.
Disability Act
Correct Answer
C. Copyright Designs and Patents ActExplanation
The Copyright Designs and Patents Act protects the rights of investors to stop other people from using their ideas without permission. This legislation provides legal protection for original works, such as inventions, designs, and artistic creations, giving the creators exclusive rights to use and profit from their creations. It allows investors to prevent others from copying, distributing, or using their ideas without permission, ensuring that their intellectual property rights are protected.Rate this question:
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- 6.
Suggest 3 aspects you should consider at the planning stage of any enterprise;
- A.
Set achievable goals, Set SMART targets, Set timescale/milestones
- B.
Description of problem/need, brainstorms/mindmaps, reasons for choosing idea
- C.
Health and safety issues, make an implementation log, barriers and how they were overcome
- D.
Achievement critera, Measure your outcomes against criteria, Lessons learned
Correct Answer
A. Set achievable goals, Set SMART targets, Set timescale/milestonesExplanation
At the planning stage of any enterprise, it is important to set achievable goals to ensure that the objectives can be realistically met. Setting SMART targets is also crucial as it helps to define specific, measurable, achievable, relevant, and time-bound objectives. Additionally, setting timescale/milestones allows for effective monitoring and evaluation of progress throughout the project, ensuring that it stays on track and deadlines are met. These three aspects provide a strong foundation for successful planning and execution of an enterprise.Rate this question:
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- 7.
This type of mortgage moves up and down with the Bank of England rate.
- A.
Variable
- B.
Discounted
- C.
Endowment
- D.
Tracker
Correct Answer
D. TrackerExplanation
A tracker mortgage is a type of mortgage that is linked to the Bank of England rate. This means that the interest rate on the mortgage will move up and down in line with any changes to the Bank of England rate. Therefore, as the question states that the mortgage moves up and down with the Bank of England rate, the correct answer is Tracker.Rate this question:
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- 8.
You've been asked to evaluate the success of something. How might you do it?
- A.
Brainstorm and mindmap
- B.
Write out an implementation log, assess health & safety issues
- C.
Do some SMART targets and a SWOT analysis, write down some achievable goals
- D.
Count numbers attending, do a questionnaire or ask people what they think
Correct Answer
D. Count numbers attending, do a questionnaire or ask people what they thinkExplanation
To evaluate the success of something, counting the numbers attending can provide a quantitative measure of the level of participation or interest. Additionally, conducting a questionnaire or asking people for their opinions can provide qualitative feedback on their satisfaction or perception of the success. By combining both quantitative and qualitative data, a comprehensive evaluation can be obtained to assess the overall success of the endeavor.Rate this question:
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- 9.
Computer protection which inspects network traffic and either lets it through or stops it reaching a computer is called a
- A.
Firewall
- B.
Phisher
- C.
Domain name
- D.
Virus checker
Correct Answer
A. FirewallExplanation
A firewall is a computer protection system that monitors and controls incoming and outgoing network traffic. It acts as a barrier between a computer or network and potential threats from the internet, allowing authorized traffic to pass through while blocking unauthorized or malicious traffic. It helps protect against unauthorized access, viruses, and other cyber threats by examining network packets and determining whether to allow or deny them.Rate this question:
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- 10.
You can bring in a calculator to your E&E exam.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
Bringing a calculator to an E&E (Engineering and Economics) exam is allowed.Rate this question:
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- 11.
Why would you need to bring a calculator into your E&E exam?
- A.
Working out your tax code
- B.
Working out the interest rate on the loan question
- C.
Finding out the profit or a loss in a company
- D.
Doing budget questions
Correct Answer
B. Working out the interest rate on the loan questionExplanation
Bringing a calculator into an E&E exam would be necessary for working out the interest rate on a loan question. Calculators are essential for performing complex mathematical calculations quickly and accurately. In this case, calculating the interest rate requires mathematical operations such as division, multiplication, and possibly exponentiation. A calculator would enable the student to input the necessary values and obtain the correct interest rate without errors or time-consuming manual calculations.Rate this question:
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- 12.
Which Act of Parliament protects everybody in a work place?
- A.
Disability Act
- B.
Race Discrimination Act
- C.
Health and Safety at Work Act
- D.
Employment Equality (Age) Regulation 2006
Correct Answer
C. Health and Safety at Work ActExplanation
The Health and Safety at Work Act is the correct answer because it is a legislation that protects everyone in a workplace, regardless of their specific characteristics or background. This act ensures that employers have a duty to provide a safe and healthy working environment for their employees, and it also sets out the rights and responsibilities of both employers and employees in maintaining workplace safety. It covers a wide range of issues such as risk assessments, accident prevention, and employee training, making it a comprehensive legislation for workplace protection.Rate this question:
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- 13.
With an Endowment Mortgage your monthly payments only pay off the interest on the loan. You must get something else to pay off the capital.
- A.
True
- B.
False
Correct Answer
A. TrueExplanation
An endowment mortgage is a type of mortgage where the monthly payments only cover the interest on the loan, and a separate investment plan, typically an endowment policy, is used to accumulate funds to pay off the capital at the end of the mortgage term. Therefore, the statement "With an Endowment Mortgage your monthly payments only pay off the interest on the loan. You must get something else to pay off the capital" is true.Rate this question:
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- 14.
What is that 'something else' called that you must get with an Endowment Mortgage to ensure you pay off the actual loan amount?
- A.
Your own savings/investment plan
- B.
Your Endowment Policy
- C.
Your inheritance from a wealthy relative
Correct Answer
B. Your Endowment PolicyExplanation
An endowment policy is a type of life insurance policy that is designed to pay out a lump sum of money after a specific term or upon the death of the policyholder. In the context of an endowment mortgage, the endowment policy is used to ensure that the loan amount is paid off at the end of the mortgage term. The policy is linked to the mortgage and the premiums paid towards the policy help to build up a savings or investment fund that can be used to repay the mortgage. Therefore, getting an endowment policy is necessary to ensure that the actual loan amount is paid off.Rate this question:
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- 15.
Paying more than the market value for something is an example of which concept?
- A.
Fair Trade
- B.
Self concept
- C.
National Minimum Wage Act
- D.
Fair Business
Correct Answer
A. Fair TradeExplanation
Paying more than the market value for something is an example of the concept of Fair Trade. Fair Trade is a movement that aims to ensure fair wages and better working conditions for producers, particularly in developing countries. By paying more than the market value, consumers are supporting this concept and helping to create a more equitable trading system.Rate this question:
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- 16.
With this type of mortgage your monthly payments can go up or down, but you get a ****** on the lender's rate for a set period of time.
- A.
Interest Only
- B.
Discounted
- C.
Fixed
- D.
Variable
Correct Answer
B. DiscountedExplanation
A discounted mortgage is a type of mortgage where the borrower receives a discounted interest rate from the lender for a specific period of time. This means that the monthly payments can vary as the interest rate changes, but the borrower benefits from a lower interest rate during the discounted period.Rate this question:
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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Nov 16, 2023Quiz Edited by
ProProfs Editorial Team -
May 17, 2010Quiz Created by
CiaraK
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