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