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