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