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