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