A) credit union B) savings bank C) life insurance company D) commercial bank
A) A commercial bank B) An insurance company C) A pension fund D) A newspaper publisher
A) life insurance company B) pension fund C) savings bank D) credit union
A) Credit Union B) Commercial banks C) Mutual Funds D) Savings and loans
A) public offering B) stock exchange C) direct placement D) private placement
A) Investing customers’ savings in stocks and bonds B) Paying savers’ interest on deposit C) Buying the businesses of customers D) Lending money to customers
A) stocks and bonds. B) flows of funds. C) funds that mature in more than one year. D) short-term funds
A) money market B) stock market C) financial market D) capital market
A) private placement B) All of the above. C) financial institutions D) financial markets
A) Finance B) Personal Finance C) Financial Management D) Management
A) Staffing and Planning B) Organizing and Planning C) Planning and Controlling D) Controlling and Directing
A) Establish strong Management B) Identify goal related task C) Set goals/Objectives D) Identify resources
A) Sales B) Cash Budget C) Budget D) Sales Budget
A) Statement of financial Position B) Cash flow statement C) Budgeting D) Income statement
A) Budgeting B) Projected Financial Statement C) Forecasting D) Inventory
A) average age of inventory, average collection period and average payment B) average collection period, average age of inventory C) average age of inventory and average payment period D) average payment, average collection period
A) All statements are true B) Cash, inventory and long-term receivables are common working capital components C) There is a risk and profitability tradeoff in working capital management D) A firm’s working capital is not essential in managing its operations
A) sending legal notices B) sending letter of demands C) writing off customer’s accounts D) making phone calls
A) Credit score B) Credit standards C) All of the above D) Credit limit
A) Cash Management B) Accounts Receivable Management C) Marketable Securities Management D) Inventory Management
A) Increase overtime B) There are no interest payments in the schedule C) Decrease overtime D) Remain the same
A) present value factor for lump-sum payment B) present value factor for ordinary annuity C) future value factor for ordinary annuity D) future value factor for lump-sum payment
A) decrease in the discount rate B) none of the above C) increase in the discount rate D) discount rate does not affect the present value
A) present value B) simple interest rate C) compound interest rate D) future value
A) less than B) more than C) none of the above D) the same as
A) None of the above. B) It is a security that represents the equity of a government or a business that promises to pay a fixed interest. C) It is a security that represents partial ownership in a business. D) It is a security that represents the debt of a government or a business that promises to pay a fixed amount.
A) Sole Proprietorship B) Partnership C) Corporation D) Cooperative
A) Corporation B) Sole Proprietorship C) Partnersip D) Cooperative
A) Risk B) Expected return and risk C) Transaction cost D) Expected return
A) Risk averse B) Risk neutral C) Risk seekers D) Risk moderators
A) The stock exchange on which the stock is listed B) The board of directors of the firm C) The shareholders of the corporation D) The president of the company
A) Shares and bonds both represent equity B) Bonds represent ownership whereas shares do not. C) Shares and bonds both represent liabilities D) Shares represent ownership whereas bonds do not.
A) One should think of stocks as pieces of businesses. B) One should not think of stocks as being synonymous with a good business. C) One should think of stocks as chips in the casino. D) Both A and B
A) every investor has his/her own risk/return preferences B) there is a random selection process used by individual investors C) there is an inherent uncertainty in security analysis D) every investor has access to different information about securities
A) Treasury bonds B) Treasury bills C) corporate bonds D) Commercial papers
A) Equity market B) Money market C) Commercial bank D) Capital market
A) Compounding semi-annually B) Compounding annually C) Compounding monthly D) Compounding daily
A) Net worth and risk capital B) Expected return and risk C) Assets and liabilities D) Net worth and net earnings
A) Money market B) Government bonds C) Bank deposits D) High income bonds
A) Government B) Business C) Individuals D) Charitable institutions
A) spend in the present B) save money C) have money in the future D) apply for credit cards
A) Interest B) Savings C) Income D) Expense
A) Online checking account B) Computer C) High paying job D) Budget
A) The perfect is the enemy of good. B) Large amounts matter more. C) Small amounts matter. D) You are the boss of you.
A) The perfect is the enemy of good. B) Small amounts matter. C) You are the boss of you. D) Large amounts matter more.
A) Smart B) All of these C) Financial Literate D) Proactive
A) Stocks B) Food C) Travel D) Entertainment
A) Income B) Protection C) Saving D) Investing
A) Taxes B) Bonuses C) Hourly wages D) Mutual funds
A) Spending B) Investing C) Saving D) Income |