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