Financial management test 1

Task No. 1
Conditions: In the total set of financial relations, there are three large interrelated areas: finance of business entities, insurance, public finance. Which of the following areas is the main element?
Student Answer: Insurance
business finance
public finance
insurance and finance of business entities
insurance and public finance

Task No. 2
Conditions: Insert the missing words in the text: "Unlike accounting, whose history has ..., financial management as an independent science was formed relatively recently"
Student response: two decades
a hundred years
more than one century
some years
two years

Task No. 3
Conditions: Which of the following statements is incorrect?
Student's answer: in pre-revolutionary Russia the concept of financial management as an independent science did not exist
in pre-revolutionary Russia there were no financial