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