A) commercial bank B) credit union C) life insurance company D) savings bank
A) A pension fund B) A newspaper publisher C) A commercial bank D) An insurance company
A) pension fund B) life insurance company C) savings bank D) credit union
A) Savings and loans B) Mutual Funds C) Commercial banks D) Credit Union
A) public offering B) stock exchange C) direct placement D) private placement
A) Paying savers’ interest on deposit B) Investing customers’ savings in stocks and bonds C) Lending money to customers D) Buying the businesses of customers
A) flows of funds. B) stocks and bonds. C) short-term funds D) funds that mature in more than one year.
A) money market B) stock market C) financial market D) capital market
A) financial institutions B) private placement C) All of the above. D) financial markets
A) Personal Finance B) Management C) Finance D) Financial Management
A) Organizing and Planning B) Planning and Controlling C) Controlling and Directing D) Staffing and Planning
A) Identify resources B) Establish strong Management C) Identify goal related task D) Set goals/Objectives
A) Budget B) Cash Budget C) Sales D) Sales Budget
A) Income statement B) Cash flow statement C) Budgeting D) Statement of financial Position
A) Forecasting B) Projected Financial Statement C) Budgeting D) Inventory
A) average payment, average collection period B) average age of inventory, average collection period and average payment C) average age of inventory and average payment period D) average collection period, average age of inventory
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) Cash, inventory and long-term receivables are common working capital components D) All statements are true
A) sending letter of demands B) writing off customer’s accounts C) sending legal notices D) making phone calls
A) Credit standards B) All of the above C) Credit limit D) Credit score
A) Inventory Management B) Accounts Receivable Management C) Cash 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) present value factor for lump-sum payment B) future value factor for ordinary annuity C) future value factor for lump-sum payment D) present value factor for ordinary annuity
A) discount rate does not affect the present value B) none of the above C) increase in the discount rate D) decrease in the discount rate
A) simple interest rate B) compound interest rate C) present value D) future value
A) less than B) the same as C) more than D) none of the above
A) It is a security that represents partial ownership in a business. B) None of the above. 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) Sole Proprietorship B) Cooperative C) Corporation D) Partnership
A) Corporation B) Cooperative C) Sole Proprietorship D) Partnersip
A) Risk B) Expected return C) Expected return and risk D) Transaction cost
A) Risk moderators B) Risk neutral C) Risk seekers D) Risk averse
A) The board of directors of the firm B) The shareholders of the corporation C) The stock exchange on which the stock is listed D) The president of the company
A) Shares and bonds both represent equity B) Shares represent ownership whereas bonds do not. C) Shares and bonds both represent liabilities D) Bonds represent ownership whereas shares do not.
A) One should think of stocks as pieces of businesses. 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 chips in the casino.
A) every investor has access to different information about securities B) there is an inherent uncertainty in security analysis C) there is a random selection process used by individual investors D) every investor has his/her own risk/return preferences
A) Treasury bonds B) Commercial papers C) corporate bonds D) Treasury bills
A) Commercial bank B) Capital market C) Equity market D) Money market
A) Compounding daily B) Compounding annually C) Compounding semi-annually D) Compounding monthly
A) Expected return and risk B) Assets and liabilities C) Net worth and risk capital D) Net worth and net earnings
A) Government bonds B) High income bonds C) Money market D) Bank deposits
A) Charitable institutions B) Individuals C) Government D) Business
A) save money B) apply for credit cards C) have money in the future D) spend in the present
A) Income B) Interest C) Savings D) Expense
A) High paying job B) Budget C) Computer D) Online checking account
A) Small amounts matter. B) Large amounts matter more. C) The perfect is the enemy of good. D) You are the boss of you.
A) The perfect is the enemy of good. B) Large amounts matter more. C) You are the boss of you. D) Small amounts matter.
A) Smart B) Financial Literate C) All of these D) Proactive
A) Travel B) Entertainment C) Stocks D) Food
A) Income B) Saving C) Protection D) Investing
A) Mutual funds B) Bonuses C) Taxes D) Hourly wages
A) Spending B) Income C) Investing D) Saving |