Question 1

Which of the following are securities that represent an ownership interest in a corporation and give the holders voting rights?

Accepted Answer

A)  treasury shares 
B)  common shares 
C)  par value shares 
D)  preferred shares 
A)  treasury shares 
B)  common shares 
C)  par value shares 
D)  preferred shares

Question 2

Capital budgeting is best described by which of the following?

Accepted Answer

A)  It analyzes production costs. 
B)  It helps select new products. 
C)  It selects asset proposals for maximum profitability. 
D)  It combines all budgets into a master budget. 
A)  It analyzes production costs. 
B)  It helps select new products. 
C)  It selects asset proposals for maximum profitability. 
D)  It combines all budgets into a master budget.

Question 3

When a high-growth company first makes its shares available to investors,it has an IPO because it needs to raise more funds to continue its growth.What is an IPO?

Accepted Answer

an initial

Question 4

Grainger Distribution Company sold Long Electronics 10 circuit breakers for $169.00 each.Long Electronics will be allowed 30 days to pay the bill.Grainger will carry the $1690.00 on its books as which of the following?

Accepted Answer

A)  an account receivable 
B)  an account payable 
C)  a current liability 
D)  a fixed liability 
A)  an account receivable 
B)  an account payable 
C)  a current liability 
D)  a fixed liability

Question 5

Give an example of internal equity financing.

Accepted Answer

The answer of Give an example of internal equity financing....

Question 6

A secured loan requires that the borrower pledge specific assets to secure the loan.These assets are known as which of the following?

Accepted Answer

A)  negotiable assets 
B)  intangible assets 
C)  pledges 
D)  collateral 
A)  negotiable assets 
B)  intangible assets 
C)  pledges 
D)  collateral

Question 7

Which of the following are forecasts for outlays for fixed assets,usually covering a period of several years?

Accepted Answer

A)  tactical budgets 
B)  operating budgets 
C)  capital budgets 
D)  monetary-policy budgets 
A)  tactical budgets 
B)  operating budgets 
C)  capital budgets 
D)  monetary-policy budgets

Question 8

Secured short-term loans are usually secured by which of the following?

Accepted Answer

A)  accounts receivable and inventory 
B)  equipment and accounts payable 
C)  accounts payable and accounts receivable 
D)  inventory and equipment 
A)  accounts receivable and inventory 
B)  equipment and accounts payable 
C)  accounts payable and accounts receivable 
D)  inventory and equipment

Question 9

Which of the following would be an example of a capital expenditure for a superstore that specializes in outdoor grills and other items needed for outside dining?

Accepted Answer

A)  a parking lot 
B)  cardboard sale signs 
C)  pens and markers 
D)  a handheld calculator 
A)  a parking lot 
B)  cardboard sale signs 
C)  pens and markers 
D)  a handheld calculator

Question 10

Why do companies prepare budgets?

Accepted Answer

to plan and control

Question 11

Albee Construction Company,a financially strong corporation that builds roads and bridges,finances its equipment leases by issuing unsecured short-term debt,this is known as which of the following?

Accepted Answer

A)  revolving credit 
B)  collateralized loans 
C)  commercial paper 
D)  corporate issues 
A)  revolving credit 
B)  collateralized loans 
C)  commercial paper 
D)  corporate issues

Question 12

Which of the following statements best describes preferred shares?

Accepted Answer

A)  Preferred shares carry voting rights. 
B)  Preferred shares produce a fixed-amount dividend. 
C)  Preferred shareholders receive dividends after common shareholders. 
D)  Preferred shares can be owned only by upper management. 
A)  Preferred shares carry voting rights. 
B)  Preferred shares produce a fixed-amount dividend. 
C)  Preferred shareholders receive dividends after common shareholders. 
D)  Preferred shares can be owned only by upper management.

Question 13

Private individual investors who sometimes provide venture capital to small companies in need of equity capital are known as which of the following?

Accepted Answer

A)  angel investors 
B)  entrepreneur backers 
C)  opportunists 
D)  benefactors 
A)  angel investors 
B)  entrepreneur backers 
C)  opportunists 
D)  benefactors

Question 14

In finance,what is the potential for loss?

Accepted Answer

A)  the leverage 
B)  the risk 
C)  the business chance 
D)  the factoring 
A)  the leverage 
B)  the risk 
C)  the business chance 
D)  the factoring

Question 15

In which of the following industries are you most likely to find factoring being used?

Accepted Answer

A)  the tire industry 
B)  the fast-food industry 
C)  the soft drink industry 
D)  the appliance industry 
A)  the tire industry 
B)  the fast-food industry 
C)  the soft drink industry 
D)  the appliance industry

Question 16

The three main types of unsecured short-term loans are which of the following?

Accepted Answer

A)  trade credit, bank loans, and commercial paper 
B)  treasury bills, certificates of deposit, and accounts payable 
C)  trade credit, accounts payable, and bank loans 
D)  accounts payable, notes payable, and loans payable 
A)  trade credit, bank loans, and commercial paper 
B)  treasury bills, certificates of deposit, and accounts payable 
C)  trade credit, accounts payable, and bank loans 
D)  accounts payable, notes payable, and loans payable

Question 17

Financial managers often shift temporary funds from chequing accounts to which of the following to earn higher interest returns?

Accepted Answer

A)  administrative securities 
B)  commercial securities 
C)  marketable securities 
D)  strategic securities 
A)  administrative securities 
B)  commercial securities 
C)  marketable securities 
D)  strategic securities

Question 18

What are the main government-sponsored insurance programs?

Accepted Answer

employment insurance

Question 19

Which statement best describes the major drawback to the use of debt financing?

Accepted Answer

A)  Debt financing gives common shareholders a voice in company management. 
B)  Debt financing is a form of permanent financing. 
C)  The interest paid in debt financing is not tax-deductible. 
D)  Financial risk is always a possibility with debt financing. 
A)  Debt financing gives common shareholders a voice in company management. 
B)  Debt financing is a form of permanent financing. 
C)  The interest paid in debt financing is not tax-deductible. 
D)  Financial risk is always a possibility with debt financing.

Question 20

Which type of management is used to determine the most effective ways to acquire and use funds to achieve the company's goals?

Accepted Answer

A)  corporate management 
B)  operations management 
C)  financial management 
D)  accounting management 
A)  corporate management 
B)  operations management 
C)  financial management 
D)  accounting management

Which of the following are securities that represent an ownership interest in a corporation and give the holders voting rights?

Capital budgeting is best described by which of the following?

When a high-growth company first makes its shares available to investors,it has an IPO because it needs to raise more funds to continue its growth.What is an IPO?

Grainger Distribution Company sold Long Electronics 10 circuit breakers for $169.00 each.Long Electronics will be allowed 30 days to pay the bill.Grainger will carry the $1690.00 on its books as which of the following?

Give an example of internal equity financing.

A secured loan requires that the borrower pledge specific assets to secure the loan.These assets are known as which of the following?

Which of the following are forecasts for outlays for fixed assets,usually covering a period of several years?

Secured short-term loans are usually secured by which of the following?

Which of the following would be an example of a capital expenditure for a superstore that specializes in outdoor grills and other items needed for outside dining?

Why do companies prepare budgets?

Albee Construction Company,a financially strong corporation that builds roads and bridges,finances its equipment leases by issuing unsecured short-term debt,this is known as which of the following?

Which of the following statements best describes preferred shares?

Private individual investors who sometimes provide venture capital to small companies in need of equity capital are known as which of the following?

In finance,what is the potential for loss?

In which of the following industries are you most likely to find factoring being used?

The three main types of unsecured short-term loans are which of the following?

Financial managers often shift temporary funds from chequing accounts to which of the following to earn higher interest returns?

What are the main government-sponsored insurance programs?

Which statement best describes the major drawback to the use of debt financing?

Which type of management is used to determine the most effective ways to acquire and use funds to achieve the company's goals?

Politics Governments’ Roles

Economics Evolving Systems

Social Society, Corporate Responsibility, and Making Ethical Decisions

Technology Managing Information for Business Success

International The Global Marketplace

Entrepreneurship and Small Business

Analyzing the Business

Forms of Business Ownership

Management and Leadership in Today’s Organizations

Designing Organizational Structures

Motivating Employees

Managing Human Resources and Labour Relations

Marketing The Customer Focus

Creating Marketing Strategies

Achieving World-Class Operations Management

Accounting for Financial Success

Understanding Money and the Canadian Financial System

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Exam 18: Finance Maximizing the Value

Which of the following are securities that represent an ownership interest in a corporation and give the holders voting rights?

Capital budgeting is best described by which of the following?

When a high-growth company first makes its shares available to investors,it has an IPO because it needs to raise more funds to continue its growth.What is an IPO?

Grainger Distribution Company sold Long Electronics 10 circuit breakers for $169.00 each.Long Electronics will be allowed 30 days to pay the bill.Grainger will carry the $1690.00 on its books as which of the following?

Give an example of internal equity financing.

A secured loan requires that the borrower pledge specific assets to secure the loan.These assets are known as which of the following?

Which of the following are forecasts for outlays for fixed assets,usually covering a period of several years?

Secured short-term loans are usually secured by which of the following?

Which of the following would be an example of a capital expenditure for a superstore that specializes in outdoor grills and other items needed for outside dining?

Why do companies prepare budgets?

Albee Construction Company,a financially strong corporation that builds roads and bridges,finances its equipment leases by issuing unsecured short-term debt,this is known as which of the following?

Which of the following statements best describes preferred shares?

Private individual investors who sometimes provide venture capital to small companies in need of equity capital are known as which of the following?

In finance,what is the potential for loss?

In which of the following industries are you most likely to find factoring being used?

The three main types of unsecured short-term loans are which of the following?

Financial managers often shift temporary funds from chequing accounts to which of the following to earn higher interest returns?

What are the main government-sponsored insurance programs?

Which statement best describes the major drawback to the use of debt financing?

Which type of management is used to determine the most effective ways to acquire and use funds to achieve the company's goals?

Politics Governments’ Roles

Economics Evolving Systems

Social Society, Corporate Responsibility, and Making Ethical Decisions

Technology Managing Information for Business Success

International The Global Marketplace

Entrepreneurship and Small Business

Analyzing the Business

Forms of Business Ownership

Management and Leadership in Today’s Organizations

Designing Organizational Structures

Motivating Employees

Managing Human Resources and Labour Relations

Marketing The Customer Focus

Creating Marketing Strategies

Achieving World-Class Operations Management

Accounting for Financial Success

Understanding Money and the Canadian Financial System

Filters