Exam 13: Managing Financial Resources

_____ deposits are checking accounts that pay given sums to "payees" when they're ordered.

If you're starting a new business and you borrow money from family members, you should be sure to _____.

_____ pool funds from private and institutional sources and invest them in businesses with strong growth potential.

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:

Most positions in finance fall into one of three broad areas, one of which is corporate finance.

_____ were originally set up to encourage personal savings and provide mortgages to local home buyers.

Bartering means trading something for something else that another party wants.

The three major goals of the Fed are price stability, full employment, and income distribution.

The first step in becoming a publicly-traded corporation is to introduce an initial public offering (IPO).

When a family member loans money to start up a business, he or she should not insult the borrower by drawing up a formal loan agreement.

The federal government requires anyone who sells securities to be licensed.

_____, which lists the stocks of 500 large U.S. companies, is a broad measure of stock performance.

A finance student who's completed undergraduate studies usually furthers his or her education by pursuing a(n) _____.

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

Individual retirement accounts (IRAs) can accumulate money that's tax free until the investor retires.

Successful investor Warren Buffet owns some _____ stock, which pays a fixed annual dividend.

What are the two functions of a financial plan

What is a venture capitalist

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

The FDIC regulates banks and insures deposits in member banks up to $250,000.