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