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