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