FNAN 522 Review – Complete Finance Study Guide & Exam
Preparation (2026)
Which of the following occurred during the financial crisis of 2007-2008?
a. Significant declines in consumer wealth and prolonged unemployment.
b. Several major institutions failed or were subject to government takeover.
c. A currency crisis, with investors transferring their wealth to countries with stronger
currencies.
d. All of these answers - ANS ✔✔All Above
How is finance used in organizations?
Select one:
a. To ensure that money is at the right place at the right time.
b. All of these answers.
c. To maximize shareholder value.
d. To choose between different potential investments. - ANS ✔✔B. all
Which of the following terms describes the protection of personal assets stemming from the
corporate structure?
Select one:
a. simple transference
b. limited liability
c. double taxation
d. articles of incorporation - ANS ✔✔B Limited Liability
Preparation (2026)
Which of the following occurred during the financial crisis of 2007-2008?
a. Significant declines in consumer wealth and prolonged unemployment.
b. Several major institutions failed or were subject to government takeover.
c. A currency crisis, with investors transferring their wealth to countries with stronger
currencies.
d. All of these answers - ANS ✔✔All Above
How is finance used in organizations?
Select one:
a. To ensure that money is at the right place at the right time.
b. All of these answers.
c. To maximize shareholder value.
d. To choose between different potential investments. - ANS ✔✔B. all
Which of the following terms describes the protection of personal assets stemming from the
corporate structure?
Select one:
a. simple transference
b. limited liability
c. double taxation
d. articles of incorporation - ANS ✔✔B Limited Liability
