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