Exam 13: Managing Financial Resources

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

(True/False)
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The stocks of the largest, most prestigious corporations in the world are traded on _____.

(Multiple Choice)
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All of the following fall into one of three broad areas of finance except _____.

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

(True/False)
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If you're a farmer who needs help clearing his fields and has plenty of food to spare, you might enter into a _____ transaction with a laborer who has time to clear fields but not enough food.

(Multiple Choice)
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A financial manager determines when a company will repay the money it's borrowed.

(True/False)
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In the investment industry, finance professionals can be stockbrokers.

(True/False)
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If your bank does not ask you to put up collateral, you're getting a(n)_____.

(Multiple Choice)
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The distinction of _____ usually designates an individual stockbroker.

(Multiple Choice)
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Loans from family and friends are the most important source of funds for any new business.

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

(Multiple Choice)
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If the Fed wants to decrease the money supply, it can _____.

(Multiple Choice)
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All of the following are among the Fed's three major goals except _____.

(Multiple Choice)
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Which of the following is not true of the SEC (Securities Exchange Commission)

(Multiple Choice)
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Chartered Financial Analyst is usually a corporate-finance designation.

(True/False)
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A prospectus is a written offer to sell securities that provides useful information to prospective buyers.

(True/False)
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Stockholders' equity is also called owner's equity.

(True/False)
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What is the prime rate is and how does it function

(Essay)
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Treasury _____ mature in one year.

(Multiple Choice)
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The DJIA (Dow Jones Industrial Average) is the total value of a "market basket" of 30 large companies headquartered in the United States.

(True/False)
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