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