Exam 13: Managing Financial Resources

Owners of _____ stock bear the ultimate rewards and risks of ownership.

Under _____ systems, people trade goods and services directly for one another.

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

The government compiles two measures for the purpose of tracking the money supply: M-1 and M-2. Which of the following is not included in the government's calculation of M-2

Jose is starting a Mexican restaurant. He plans to borrow money to buy a building to house the restaurant. Which of the following will Jose most likely use to finance the building

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

The distinction of _____ is usually an investment-analyst designation.

A(n) _____ is a written offer to sell securities, describing the business and operations of the issuer, listing its officers, providing financial information, disclosing pending litigation, and stating the proposed use of funds from the sale.

Stockholders' equity is the amount invested in a business by its owners.

Identify a few typical uses for government bonds and explain the different time periods for which the U.S. government issues bonds through the Treasury Department.

Treasury _____ mature in more than ten years.

Treasury _____ mature in one year.

_____ is the best-known over-the-counter electronic exchange system.

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

Money market mutual funds pay interest to investors who have pooled funds to make short-term loans to businesses and government bodies.

What is a venture capitalist?

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. -Because it's a growing trend in the U.S., it's entirely possible that Sherry's bank will merge with a larger bank.

In conducting open market operations, the Fed sells and purchases U.S. government bonds on the open market.

What is a budget and how is it used by the owner of a new business?

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.