Question 1

The _____ rate is the rate of interest that the Fed charges member banks.

Accepted Answer

A) carryover 
B) FDIC (Federal Deposit Insurance Corporation) 
C) discount 
D) operations 
A) carryover 
B) FDIC (Federal Deposit Insurance Corporation) 
C) discount 
D) operations

Question 2

Your first business loan will probably entail pledging personal or business assets in the form of _____.

Accepted Answer

A) owner's equity 
B) collateral 
C) a current account 
D) private insurance 
A) owner's equity 
B) collateral 
C) a current account 
D) private insurance

Question 3

Explain the Dow Jones Industrial Average.

Accepted Answer

By far the most widely reported market i

Question 4

If Kent Pulowski wants to open a personal retirement account to save money tax free until his retirement, he should look into a(n) _____.

Accepted Answer

A) pension fund 
B) individual retirement account (IR
A)  
C) money market account 
D) mutual fund 
A) pension fund 
B) individual retirement account (IR
A)  
C) money market account 
D) mutual fund

Question 5

Chartered Financial Analyst is usually a corporate-finance designation.

Accepted Answer

A) True 
 B)False

Question 6

If you want to start a small business and need a bank loan, your banker will want primarily to see your mission statement.

Accepted Answer

A) True 
 B)False

Question 7

The Securities Exchange Commission (SEC) enforces laws against insider trading.

Accepted Answer

A) True 
 B)False

Question 8

A(n) _____ is a preliminary financial plan for a given time period, generally a year.

Accepted Answer

A) trade credit report 
B) budget 
C) financial offering 
D) annual credit report 
A) trade credit report 
B) budget 
C) financial offering 
D) annual credit report

Question 9

A bond is a form of earnings distributed to a firm's stockholders.

Accepted Answer

A) True 
 B)False

Question 10

Superior will make its IPO (Initial Public Offering) in the primary market.

Accepted Answer

A) True 
 B)False

Question 11

If, at some point in the future, Superior offers corporate bonds, it will be practicing a form of equity financing.

Accepted Answer

A) True 
 B)False

Question 12

Buyers of Superior preferred stock will enjoy safer investments but not the upside potential of investment in the company's common stock.

Accepted Answer

A) True 
 B)False

Question 13

You own a share of stock in Hershey Foods.In reviewing the stock information in the Wall Street Journal, you note that Hershey's PE ratio is 19.The PE ratio indicates:

Accepted Answer

A) the price Hershey Foods stock is trading at now. 
B) the amount investors are willing to pay for every $1 of Hershey Food's earnings. 
C) the percentage of Hershey Food's earnings paid out in dividends. 
D) the amount you can expect to earn on the stock. 
A) the price Hershey Foods stock is trading at now. 
B) the amount investors are willing to pay for every $1 of Hershey Food's earnings. 
C) the percentage of Hershey Food's earnings paid out in dividends. 
D) the amount you can expect to earn on the stock.

Question 14

Scenario-Based
Sherry LeBlanc has been a teller at Community First Bank for two years and anticipates a promotion to main teller within the next few months.She's worked hard at her job, knows her bank's financial products well, and interacts with customers effectively.Community First Bank has been in business for 38 years, provides traditional banking services, and enjoys a good reputation in the local area.
-Sherry can offer customers checking accounts and savings accounts but probably not electronic banking.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is the reason why money exchange is more efficient than barter?

Accepted Answer

A) Money isn't too heavy to carry. 
B) Money is a more precise measure of value. 
C) Money doesn't take up space allotted to goods. 
D) Money has greater value than any goods. 
A) Money isn't too heavy to carry. 
B) Money is a more precise measure of value. 
C) Money doesn't take up space allotted to goods. 
D) Money has greater value than any goods.

Question 16

All of the following are among the Fed's three major goals _____.

Accepted Answer

A) price stability 
B) sustainable economic growth 
C) full employment 
D) low inflation 
A) price stability 
B) sustainable economic growth 
C) full employment 
D) low inflation

Question 17

As founder and CEO of a growing public company, you are considering issuing shares of stock to finance an expansion.All of the following statements about stock are true :

Accepted Answer

A) money obtained from the sale of stock does not have to be paid back. 
B) if you issue stock instead of incurring debt to finance your expansion, you avoid paying interest. 
C) if you issue stock to the public, your percentage ownership of the company will not change. 
D) if the company does well, you could distribute some of its earnings by paying dividends. 
A) money obtained from the sale of stock does not have to be paid back. 
B) if you issue stock instead of incurring debt to finance your expansion, you avoid paying interest. 
C) if you issue stock to the public, your percentage ownership of the company will not change. 
D) if the company does well, you could distribute some of its earnings by paying dividends.

Question 18

_____ are willing to invest in start-up ventures that they believe will succeed.

Accepted Answer

A) Start up specialists 
B) Venture capitalists 
C) Cash flow managers 
D) Angels 
A) Start up specialists 
B) Venture capitalists 
C) Cash flow managers 
D) Angels

Question 19

Savings banks are the most common financial institutions in the United States.

Accepted Answer

A) True 
 B)False

Question 20

A financial plan shows calculations for the amount of funds that a company needs for a specified period.

Accepted Answer

A) True 
 B)False

The _____ rate is the rate of interest that the Fed charges member banks.

Your first business loan will probably entail pledging personal or business assets in the form of _____.

Explain the Dow Jones Industrial Average.

If Kent Pulowski wants to open a personal retirement account to save money tax free until his retirement, he should look into a(n) _____.

Chartered Financial Analyst is usually a corporate-finance designation.

If you want to start a small business and need a bank loan, your banker will want primarily to see your mission statement.

The Securities Exchange Commission (SEC) enforces laws against insider trading.

A(n) _____ is a preliminary financial plan for a given time period, generally a year.

A bond is a form of earnings distributed to a firm's stockholders.

Superior will make its IPO (Initial Public Offering) in the primary market.

If, at some point in the future, Superior offers corporate bonds, it will be practicing a form of equity financing.

Buyers of Superior preferred stock will enjoy safer investments but not the upside potential of investment in the company's common stock.

You own a share of stock in Hershey Foods.In reviewing the stock information in the Wall Street Journal, you note that Hershey's PE ratio is 19.The PE ratio indicates:

Which of the following is the reason why money exchange is more efficient than barter?

All of the following are among the Fed's three major goals _____.

As founder and CEO of a growing public company, you are considering issuing shares of stock to finance an expansion.All of the following statements about stock are true :

_____ are willing to invest in start-up ventures that they believe will succeed.

Savings banks are the most common financial institutions in the United States.

A financial plan shows calculations for the amount of funds that a company needs for a specified period.

The Foundations of Business

Entrepreneurship

Selecting a Form of Business Ownership

Business Ethics and Social Responsibility

Managing for Business Success

Recruiting, Motivating, and Keeping Quality Employees

Product Design and Development

Operations Management in Manufacturing and Service Industries

Business in a Global Environment

Marketing: Providing Value to Customers

Operating in a Digital Marketing and Social Networking

The Role of Accounting in Business

Teamwork and Communications

Personal Finances

Managing Information and Technology

The Legal and Regulatory Environment of Business

Filters

Exam 13: Managing Financial Resources

The _____ rate is the rate of interest that the Fed charges member banks.

Your first business loan will probably entail pledging personal or business assets in the form of _____.

Explain the Dow Jones Industrial Average.

If Kent Pulowski wants to open a personal retirement account to save money tax free until his retirement, he should look into a(n) _____.

Chartered Financial Analyst is usually a corporate-finance designation.

If you want to start a small business and need a bank loan, your banker will want primarily to see your mission statement.

The Securities Exchange Commission (SEC) enforces laws against insider trading.

A(n) _____ is a preliminary financial plan for a given time period, generally a year.

A bond is a form of earnings distributed to a firm's stockholders.

Superior will make its IPO (Initial Public Offering) in the primary market.

If, at some point in the future, Superior offers corporate bonds, it will be practicing a form of equity financing.

Buyers of Superior preferred stock will enjoy safer investments but not the upside potential of investment in the company's common stock.

You own a share of stock in Hershey Foods.In reviewing the stock information in the Wall Street Journal, you note that Hershey's PE ratio is 19.The PE ratio indicates:

Which of the following is the reason why money exchange is more efficient than barter?

All of the following are among the Fed's three major goals _____.

As founder and CEO of a growing public company, you are considering issuing shares of stock to finance an expansion.All of the following statements about stock are true :

_____ are willing to invest in start-up ventures that they believe will succeed.

Savings banks are the most common financial institutions in the United States.

A financial plan shows calculations for the amount of funds that a company needs for a specified period.

The Foundations of Business

Entrepreneurship

Selecting a Form of Business Ownership

Business Ethics and Social Responsibility

Managing for Business Success

Recruiting, Motivating, and Keeping Quality Employees

Product Design and Development

Operations Management in Manufacturing and Service Industries

Business in a Global Environment

Marketing: Providing Value to Customers

Operating in a Digital Marketing and Social Networking

The Role of Accounting in Business

Teamwork and Communications

Personal Finances

Managing Information and Technology

The Legal and Regulatory Environment of Business

Filters