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