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