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