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