A) savings bank B) life insurance company C) commercial bank D) credit union
A) A newspaper publisher B) A pension fund C) A commercial bank D) An insurance company
A) pension fund B) life insurance company C) savings bank D) credit union
A) Savings and loans B) Mutual Funds C) Credit Union D) Commercial banks
A) direct placement B) private placement C) stock exchange D) public offering
A) Buying the businesses of customers B) Lending money to customers C) Investing customers’ savings in stocks and bonds D) Paying savers’ interest on deposit
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) stock market C) money market D) financial market
A) financial institutions B) private placement C) All of the above. D) financial markets
A) Personal Finance B) Financial Management C) Management D) Finance
A) Planning and Controlling B) Controlling and Directing C) Staffing and Planning D) Organizing and Planning
A) Identify resources B) Establish strong Management C) Identify goal related task D) Set goals/Objectives
A) Sales B) Budget C) Sales Budget D) Cash Budget
A) Cash flow statement B) Income statement C) Statement of financial Position D) Budgeting
A) Forecasting B) Inventory C) Budgeting D) Projected Financial Statement
A) average collection period, average age of inventory B) average payment, average collection period 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) sending legal notices C) making phone calls D) sending letter of demands
A) Credit standards B) Credit score C) All of the above D) Credit limit
A) Marketable Securities Management B) Inventory Management C) Cash Management D) Accounts Receivable 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 lump-sum payment B) present value factor for lump-sum payment C) present value factor for ordinary annuity 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) present value B) future value C) simple interest rate D) compound interest rate
A) the same as B) none of the above C) more than D) less than
A) It is a security that represents partial ownership in a business. B) None of the above. 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 the equity of a government or a business that promises to pay a fixed interest.
A) Partnership B) Cooperative C) Sole Proprietorship D) Corporation
A) Corporation B) Sole Proprietorship C) Cooperative D) Partnersip
A) Transaction cost B) Expected return C) Risk D) Expected return and risk
A) Risk seekers B) Risk averse C) Risk moderators D) Risk neutral
A) The president of the company B) The shareholders of the corporation 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) Shares represent ownership whereas bonds do not. C) Shares and bonds both represent equity D) Bonds represent ownership whereas shares do not.
A) One should not think of stocks as being synonymous with a good business. B) Both A and B C) One should think of stocks as chips in the casino. D) One should think of stocks as pieces of businesses.
A) every investor has his/her own risk/return preferences B) there is an inherent uncertainty in security analysis C) there is a random selection process used by individual investors D) every investor has access to different information about securities
A) Commercial papers B) corporate bonds C) Treasury bills D) Treasury bonds
A) Money market B) Capital market C) Equity market D) Commercial bank
A) Compounding semi-annually B) Compounding daily C) Compounding monthly D) Compounding annually
A) Net worth and risk capital B) Expected return and risk C) Assets and liabilities D) Net worth and net earnings
A) Government bonds B) High income bonds C) Bank deposits D) Money market
A) Government B) Business C) Individuals D) Charitable institutions
A) spend in the present B) apply for credit cards C) save money D) have money in the future
A) Income B) Expense C) Interest D) Savings
A) Online checking account B) Computer C) Budget D) High paying job
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) The perfect is the enemy of good. B) Large amounts matter more. C) Small amounts matter. D) You are the boss of you.
A) Smart B) Financial Literate C) Proactive D) All of these
A) Entertainment B) Travel C) Food D) Stocks
A) Investing B) Saving C) Income D) Protection
A) Bonuses B) Mutual funds C) Hourly wages D) Taxes
A) Spending B) Investing C) Saving D) Income |