Question 1

Which one of the following functions should be assigned to the treasurer rather than the controller?

Accepted Answer

A) Data processing 
B) Cost accounting 
C) Tax management 
D) Cash management 
E) Financial accounting 
A) Data processing 
B) Cost accounting 
C) Tax management 
D) Cash management 
E) Financial accounting

Question 2

Which of the following individuals commonly use finance in the course of their job?
I.Chief financial officers
II.Accountants
III.Security analysts
IV.Strategic managers

Accepted Answer

A) I and II only 
B) III and IV only 
C) I and III only 
D) I, II, and III only 
E) I, II, III, and IV 
A) I and II only 
B) III and IV only 
C) I and III only 
D) I, II, and III only 
E) I, II, III, and IV

Question 3

The goal of financial management is to increase the:

Accepted Answer

A) future value of the firm's total equity. 
B) book value of equity. 
C) dividends paid per share. 
D) current market value per share. 
E) number of shares outstanding. 
A) future value of the firm's total equity. 
B) book value of equity. 
C) dividends paid per share. 
D) current market value per share. 
E) number of shares outstanding.

Question 4

Which one of the following statements is correct?

Accepted Answer

A) All secondary markets are dealer markets. 
B) All secondary markets are broker markets. 
C) All stock trades between existing shareholders are secondary market transactions. 
D) All stock transactions are secondary market transactions. 
E) All Dutch auction sales are secondary market transactions. 
A) All secondary markets are dealer markets. 
B) All secondary markets are broker markets. 
C) All stock trades between existing shareholders are secondary market transactions. 
D) All stock transactions are secondary market transactions. 
E) All Dutch auction sales are secondary market transactions.

Question 5

A limited liability company:

Accepted Answer

A) is a hybrid between a sole proprietorship and a partnership. 
B) prefers its profits be taxed as personal income to its owners. 
C) that meets the IRS criteria to be an LLC will be taxed like a corporation. 
D) provides limited liability for some, but not all, of its owners. 
E) cannot be created for professional service firms, such as accountants and attorneys. 
A) is a hybrid between a sole proprietorship and a partnership. 
B) prefers its profits be taxed as personal income to its owners. 
C) that meets the IRS criteria to be an LLC will be taxed like a corporation. 
D) provides limited liability for some, but not all, of its owners. 
E) cannot be created for professional service firms, such as accountants and attorneys.

Question 6

Which one of the following is most apt to align management's priorities with shareholders' interests?

Accepted Answer

A) Increasing employee retirement benefits 
B) Compensating managers with shares of stock that must be held for three years before the shares can be sold 
C) Allowing a manager to decorate his or her own office once he or she has been in that office for a period of three years or more 
D) Increasing the number of paid holidays that long-term employees are entitled to receive 
E) Allowing employees to retire early with full retirement benefits 
A) Increasing employee retirement benefits 
B) Compensating managers with shares of stock that must be held for three years before the shares can be sold 
C) Allowing a manager to decorate his or her own office once he or she has been in that office for a period of three years or more 
D) Increasing the number of paid holidays that long-term employees are entitled to receive 
E) Allowing employees to retire early with full retirement benefits

Which one of the following functions should be assigned to the treasurer rather than the controller?

Which of the following individuals commonly use finance in the course of their job? I.Chief financial officers II.Accountants III.Security analysts IV.Strategic managers

The goal of financial management is to increase the:

Which one of the following statements is correct?

A limited liability company:

Which one of the following is most apt to align management's priorities with shareholders' interests?

Financial Statements, Taxes, and Cash Flow

Working With Financial Statements

Introduction to Valuation: The Time Value of Money

Discounted Cash Flow Valuation

Interest Rates and Bond Valuation

Equity Markets and Stock Valuation

Net Present Value and Other Investment Criteria

Making Capital Investment Decisions

Some Lessons From Capital Market History

Risk and Return

Cost of Capital

Leverage and Capital Structure

Dividends and Dividend Policy

Raising Capital

Short-Term Financial Planning

Working Capital Management

International Aspects of Financial Management

Filters

Exam 1: Introduction to Financial Management

Which one of the following functions should be assigned to the treasurer rather than the controller?

Which of the following individuals commonly use finance in the course of their job? I.Chief financial officers II.Accountants III.Security analysts IV.Strategic managers

The goal of financial management is to increase the:

Which one of the following statements is correct?

A limited liability company:

Which one of the following is most apt to align management's priorities with shareholders' interests?

Financial Statements, Taxes, and Cash Flow

Working With Financial Statements

Introduction to Valuation: The Time Value of Money

Discounted Cash Flow Valuation

Interest Rates and Bond Valuation

Equity Markets and Stock Valuation

Net Present Value and Other Investment Criteria

Making Capital Investment Decisions

Some Lessons From Capital Market History

Risk and Return

Cost of Capital

Leverage and Capital Structure

Dividends and Dividend Policy

Raising Capital

Short-Term Financial Planning

Working Capital Management

International Aspects of Financial Management

Filters