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