TEST BANK o
Corporate Finance 13th Edition
o o o
By Stephen Ross, Randolph Westerfield,
o o o o
Chapters 1 - 21, Complete
o o o o o
Versiono1 1
,Chaptero1
Studentoname:_o
MULTIPLEoCHOICEo-
Chooseotheooneoalternativeothatobestocompletesothefstatementoorfanswersotheoquestion.
1) Generally,oamongothoseowhooreportodirectlytoothe
areotheotreasureroandothecontrolleroofoaocorporation.
A) boardoofodirectors
B) chairpersonoofotheoboard
C) chiefoexecutiveoofficer
D) president
E) chiefofinancialoofficer
2) Aotypicalochainfofocommandoinoaocorporationoisodescribedobyowhichooneoofotheofollowingfst
aotements?
A) Thefinformationosystemsomanageroreportsotootheotreasurer.
B) Theocreditomanagerfreportstootheotreasurer.
C) Theocontrollerfreportsotootheochiefoexecutiveoofficer.
D) Theftaxomanagerfreportsotootheotreasurer.
E) Theocapitaloexpendituresomanageroreportstootheocontroller.
3) Answeringowhichooneoofotheofollowingoquestionsoinvolvesomakingoaocapitalobudgetingfd
eocision?
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, A) Howomuchodebtoshouldotheofirmoborrowofromoaoparticularolender?
B) Shouldotheofirmobuildoaonewoproductionofacility?
C) Shouldotheofirmoissueonewoequitytoopayforoitsogrowthogoals?
D) Howomuchoinventoryshouldotheofirmokeepoonohand?
E) Howomuchocreditoshouldftheofirmextendotooafparticularocustomer?
4) Whichooneoofotheofollowingostatementsoisoaccurate?
A) Netoworkingocapitalequalsocurrentoassetsoplusocurrentoliabilities.
B) Currentoliabilitiesoareodebtsothatomustobefrepaidoino18omonthsoorfless.
C) Currentoassetsoareoassetsowithoshortolives,osuchoasoaccountsoreceivable.
D) Long-termodebtoisodefinedoasoaoresidualoclaimoonoaofirm’soassets.
E) Tangibleoassetsoareofixedoassetsosuchoasopatents.
5) Amongotheftypicaloresponsibilitiesfofotheocorporatefcontrollerois:
A) capitaloexpendituresomanagement.
B) cashomanagement.
C) taxoreporting.
D) financialoplanning.
E) creditomanagement.
6) isotypicallyotheoresponsibilityofotheocorporateotreasurer.
A) Financialoplanning
B) Costoaccounting
C) Taxoreporting
D) Informationsystems
E) Financialaccounting
7) Aofirm’s define(s)oitsocapitalostructure.
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, A) mixtureoofovariousotypesoofoproductionoequipment
B) investmentoselectionsoforoitsoexcessocashoreserves
C) combinationoofocashoandocashoequivalents
D) combinationoofoaccountsoappearingoonotheoleftosideoofoitsobalanceosheet
E) proportionsoofofinancingofromdebtoandoequity
8) Theofocusoofoshort-termofinanceoisoon:
A) theotimingfofocashoflows.
B) acquiringfandosellingffixedoassets.
C) financingflong-termprojects.
D) capitalobudgeting.
E) issuingoadditionalosharesoofocommonostock.
9) Netoworkingocapitaloincludes:
A) copyrights.
B) manufacturingoequipment.
C) commonostock.
D) long-termodebt.
E) inventory.
10) isodefinedoasoplanningoandomanagingoaofirm’solong-termassets.
A) Workingfcapitalomanagement
B) Cashomanagement
C) Costoaccountingomanagement
D) Capitalbudgeting
E) Capitalstructureomanagement
11) Anoamountotheofirmsoowes,owhichoitomustorepaywithinotwelvefmonths,oisocalledoa(n):
Versiono1 4
Corporate Finance 13th Edition
o o o
By Stephen Ross, Randolph Westerfield,
o o o o
Chapters 1 - 21, Complete
o o o o o
Versiono1 1
,Chaptero1
Studentoname:_o
MULTIPLEoCHOICEo-
Chooseotheooneoalternativeothatobestocompletesothefstatementoorfanswersotheoquestion.
1) Generally,oamongothoseowhooreportodirectlytoothe
areotheotreasureroandothecontrolleroofoaocorporation.
A) boardoofodirectors
B) chairpersonoofotheoboard
C) chiefoexecutiveoofficer
D) president
E) chiefofinancialoofficer
2) Aotypicalochainfofocommandoinoaocorporationoisodescribedobyowhichooneoofotheofollowingfst
aotements?
A) Thefinformationosystemsomanageroreportsotootheotreasurer.
B) Theocreditomanagerfreportstootheotreasurer.
C) Theocontrollerfreportsotootheochiefoexecutiveoofficer.
D) Theftaxomanagerfreportsotootheotreasurer.
E) Theocapitaloexpendituresomanageroreportstootheocontroller.
3) Answeringowhichooneoofotheofollowingoquestionsoinvolvesomakingoaocapitalobudgetingfd
eocision?
Versiono1 2
, A) Howomuchodebtoshouldotheofirmoborrowofromoaoparticularolender?
B) Shouldotheofirmobuildoaonewoproductionofacility?
C) Shouldotheofirmoissueonewoequitytoopayforoitsogrowthogoals?
D) Howomuchoinventoryshouldotheofirmokeepoonohand?
E) Howomuchocreditoshouldftheofirmextendotooafparticularocustomer?
4) Whichooneoofotheofollowingostatementsoisoaccurate?
A) Netoworkingocapitalequalsocurrentoassetsoplusocurrentoliabilities.
B) Currentoliabilitiesoareodebtsothatomustobefrepaidoino18omonthsoorfless.
C) Currentoassetsoareoassetsowithoshortolives,osuchoasoaccountsoreceivable.
D) Long-termodebtoisodefinedoasoaoresidualoclaimoonoaofirm’soassets.
E) Tangibleoassetsoareofixedoassetsosuchoasopatents.
5) Amongotheftypicaloresponsibilitiesfofotheocorporatefcontrollerois:
A) capitaloexpendituresomanagement.
B) cashomanagement.
C) taxoreporting.
D) financialoplanning.
E) creditomanagement.
6) isotypicallyotheoresponsibilityofotheocorporateotreasurer.
A) Financialoplanning
B) Costoaccounting
C) Taxoreporting
D) Informationsystems
E) Financialaccounting
7) Aofirm’s define(s)oitsocapitalostructure.
Versiono1 3
, A) mixtureoofovariousotypesoofoproductionoequipment
B) investmentoselectionsoforoitsoexcessocashoreserves
C) combinationoofocashoandocashoequivalents
D) combinationoofoaccountsoappearingoonotheoleftosideoofoitsobalanceosheet
E) proportionsoofofinancingofromdebtoandoequity
8) Theofocusoofoshort-termofinanceoisoon:
A) theotimingfofocashoflows.
B) acquiringfandosellingffixedoassets.
C) financingflong-termprojects.
D) capitalobudgeting.
E) issuingoadditionalosharesoofocommonostock.
9) Netoworkingocapitaloincludes:
A) copyrights.
B) manufacturingoequipment.
C) commonostock.
D) long-termodebt.
E) inventory.
10) isodefinedoasoplanningoandomanagingoaofirm’solong-termassets.
A) Workingfcapitalomanagement
B) Cashomanagement
C) Costoaccountingomanagement
D) Capitalbudgeting
E) Capitalstructureomanagement
11) Anoamountotheofirmsoowes,owhichoitomustorepaywithinotwelvefmonths,oisocalledoa(n):
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