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