TEST BANK FOR Corporate Finance 13th Edition by
Stephen Ross, Randolph Verified Chapters 1 - 31,
Complete Questions & Answers | Grade A |
100% Correct(Verified Solutions)
Version 1 1
,Chapter1
Studentname:_
MULTIPLECHOICE-
ChoosetheonelalternativethatlbestcompletesthelstatementorlN M N M N M N M answersthequestion.
1) Generally,lamongthosewholreportldirectlytothe
arethetreasurerandtheNMcontrollerofacorporation.
A) boardofdirectors
B) chairpersonloftheboard
C) chiefexecutiveofficer
D) president
E) chieffinancialofficer
2) AtypicalchainofcommandinacorporationisdescribedbywhichoneofthefollowingNMstatem
eNMnts?
A) Theinformationsystemsmanagerreportsltothetreasurer.
B) Thecreditmanagerreportstothetreasurer.
C) Thecontrollerreportstothechiefexecutiveofficer.
D) Thetaxmanagerreportsltolthetreasurer.
E) Thelcapitalexpenditureslmanagerreportstothecontroller.
3) AnsweringwhichoneofthefollowingquestionslinvolvesmakingacapitalbudgetingN M N M de
cisioN M n?
VersionN 2
M1
, A) Howmuchdebtshouldthefirmborrowfromaparticularlender?
B) Shouldthefirmbuildanewproductionfacility?
C) Shouldthefirmissuenewequitytopayforitsgrowthgoals?
D) Howmuchinventoryshouldthefirmkeeponhand?
E) Howmuchcreditshouldthefirmextendtoaparticularcustomer?
4) Whichonelofthefollowingstatementsislaccurate?
A) Networkingcapitalequalscurrentassetspluscurrentliabilities.
B) CurrentNMliabilitieslaredebtslthatmustbelrepaidin18NMmonthsorless.
C) Currentassetsarelassetswithlshortlives,lsuchasaccountslreceivable.
D) Long-termdebtisdefinedaslaresidualclaimonafirm’sassets.
E) Tangibleassetsarefixedassetssuchaslpatents.
5) Amongthetypicalresponsibilitieslofthecorporatecontrolleris:
A) capitalexpendituresmanagement.
B) cashmanagement.
C) taxreporting.
D) financialplanning.
E) creditmanagement.
6) istypicallytheresponsibilityofthecorporatetreasurer.
A) Financialplanning
B) Costaccounting
C) Taxreporting
D) Informationsystems
E) Financialaccounting
7) Afirm’s define(s)NMitscapitalstructure.
VersionN 3
M1
, A) mixtureofvarioustypeslofproductionequipment
B) investmentselectionslforitsexcesscashreserves
C) combinationofcashandcashequivalents
D) combinationofaccountsappearingonthelleftsidelofitslbalancesheet
E) proportionsloffinancingNMfromdebtandequity
8) Thefocusofshort-termfinancelislon:
A) thetimingofcashflows.
B) acquiringandsellingfixedassets.
C) financinglong-termprojects.
D) capitalbudgeting.
E) issuingadditionalsharesofcommonstock.
9) Networkingcapitalincludes:
A) copyrights.
B) manufacturingequipment.
C) commonstock.
D) long-termdebt.
E) inventory.
10) isdefinedasplanningandmanagingafirm’slong-termassets.
A) Workingcapitalmanagement
B) Cashlmanagement
C) Costaccountingmanagement
D) Capitalbudgeting
E) Capitalstructuremanagement
11) Anamountlthefirmslowes,NMwhichitlmustlrepaywithintwelvelmonths,lislcalleda(n):
VersionN 4
M1
Stephen Ross, Randolph Verified Chapters 1 - 31,
Complete Questions & Answers | Grade A |
100% Correct(Verified Solutions)
Version 1 1
,Chapter1
Studentname:_
MULTIPLECHOICE-
ChoosetheonelalternativethatlbestcompletesthelstatementorlN M N M N M N M answersthequestion.
1) Generally,lamongthosewholreportldirectlytothe
arethetreasurerandtheNMcontrollerofacorporation.
A) boardofdirectors
B) chairpersonloftheboard
C) chiefexecutiveofficer
D) president
E) chieffinancialofficer
2) AtypicalchainofcommandinacorporationisdescribedbywhichoneofthefollowingNMstatem
eNMnts?
A) Theinformationsystemsmanagerreportsltothetreasurer.
B) Thecreditmanagerreportstothetreasurer.
C) Thecontrollerreportstothechiefexecutiveofficer.
D) Thetaxmanagerreportsltolthetreasurer.
E) Thelcapitalexpenditureslmanagerreportstothecontroller.
3) AnsweringwhichoneofthefollowingquestionslinvolvesmakingacapitalbudgetingN M N M de
cisioN M n?
VersionN 2
M1
, A) Howmuchdebtshouldthefirmborrowfromaparticularlender?
B) Shouldthefirmbuildanewproductionfacility?
C) Shouldthefirmissuenewequitytopayforitsgrowthgoals?
D) Howmuchinventoryshouldthefirmkeeponhand?
E) Howmuchcreditshouldthefirmextendtoaparticularcustomer?
4) Whichonelofthefollowingstatementsislaccurate?
A) Networkingcapitalequalscurrentassetspluscurrentliabilities.
B) CurrentNMliabilitieslaredebtslthatmustbelrepaidin18NMmonthsorless.
C) Currentassetsarelassetswithlshortlives,lsuchasaccountslreceivable.
D) Long-termdebtisdefinedaslaresidualclaimonafirm’sassets.
E) Tangibleassetsarefixedassetssuchaslpatents.
5) Amongthetypicalresponsibilitieslofthecorporatecontrolleris:
A) capitalexpendituresmanagement.
B) cashmanagement.
C) taxreporting.
D) financialplanning.
E) creditmanagement.
6) istypicallytheresponsibilityofthecorporatetreasurer.
A) Financialplanning
B) Costaccounting
C) Taxreporting
D) Informationsystems
E) Financialaccounting
7) Afirm’s define(s)NMitscapitalstructure.
VersionN 3
M1
, A) mixtureofvarioustypeslofproductionequipment
B) investmentselectionslforitsexcesscashreserves
C) combinationofcashandcashequivalents
D) combinationofaccountsappearingonthelleftsidelofitslbalancesheet
E) proportionsloffinancingNMfromdebtandequity
8) Thefocusofshort-termfinancelislon:
A) thetimingofcashflows.
B) acquiringandsellingfixedassets.
C) financinglong-termprojects.
D) capitalbudgeting.
E) issuingadditionalsharesofcommonstock.
9) Networkingcapitalincludes:
A) copyrights.
B) manufacturingequipment.
C) commonstock.
D) long-termdebt.
E) inventory.
10) isdefinedasplanningandmanagingafirm’slong-termassets.
A) Workingcapitalmanagement
B) Cashlmanagement
C) Costaccountingmanagement
D) Capitalbudgeting
E) Capitalstructuremanagement
11) Anamountlthefirmslowes,NMwhichitlmustlrepaywithintwelvelmonths,lislcalleda(n):
VersionN 4
M1