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