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