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