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