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