Question 1

Credit unions are widely used because they're easier to deal with than banks.

Accepted Answer

A) True 
 B)False

Question 2

Because of the money-multiplier effect, the Fed changes reserve requirements _____.

Accepted Answer

A)  only rarely 
B)  often 
C)  every month 
D)  every six months 
A)  only rarely 
B)  often 
C)  every month 
D)  every six months

Question 3

Your _____ schedule is the schedule by which you'll reduce the balance of your debt.

Accepted Answer

A)  interest and depreciation 
B)  maturity 
C)  balanceabatement 
D)  amortization 
A)  interest and depreciation 
B)  maturity 
C)  balanceabatement 
D)  amortization

Question 4

Capital credit is extended to a business by its suppliers.

Accepted Answer

A) True 
 B)False

Question 5

SCENARIO-BASED
Privately held for 18 years, Superior Chemicals Inc. has finally decided to go public. The owners are in the process of deciding whether to use debt or equity financing to finance growth after the initial public offering.
-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

Credit unions are widely used because they're easier to deal with than banks.

Because of the money-multiplier effect, the Fed changes reserve requirements _____.

Your _____ schedule is the schedule by which you'll reduce the balance of your debt.

Capital credit is extended to a business by its suppliers.

The Foundations of Business

Business Ethics and Social Responsibility

Business in a Global Environment

Selecting a Form of Business Ownership

The Challenges of Starting a Business

Managing for Business Success

Recruiting, Motivating, and Keeping Quality Employees

Teamwork and Communications

Marketing: Providing Value to Customers

Product Design and Development

Operations Management in Manufacturing and Service Industries

The Role of Accounting in Business

Personal Finances

Managing Information and Technology

The Legal and Regulatory Environment of Business

Filters

Exam 13: Managing Financial Resources

Credit unions are widely used because they're easier to deal with than banks.

Because of the money-multiplier effect, the Fed changes reserve requirements _____.

Your _____ schedule is the schedule by which you'll reduce the balance of your debt.

Capital credit is extended to a business by its suppliers.

The Foundations of Business

Business Ethics and Social Responsibility

Business in a Global Environment

Selecting a Form of Business Ownership

The Challenges of Starting a Business

Managing for Business Success

Recruiting, Motivating, and Keeping Quality Employees

Teamwork and Communications

Marketing: Providing Value to Customers

Product Design and Development

Operations Management in Manufacturing and Service Industries

The Role of Accounting in Business

Personal Finances

Managing Information and Technology

The Legal and Regulatory Environment of Business

Filters