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