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