VCHAPTER 1 QUESTIONS WITH
CORRECT DETAILED ANSWERS
Which of the following is NOT one of the basic areas of finance?
- Investments
- Corporate Finance
- Financial Institutions
- Personal Finance
- International Finance - 4. Personal Finance
One of the important questions in the area of investments includes the potential risks and reward
associated with investing in ______________ assets. - financial
Which of the following positions generally report to the chief financial officer (CFO)?
- Director of Marketing
- Chief Executive Officer (CEO)
- Controller
- Treasurer - Controller and Treasurer
The __________ office responsible for corporate tax reporting.
- Controller's
- Treasurer's
- Ombudsman's
- Chief Operating Officer's - Controller's
A treasurer's responsibilities typically include:
- making financial plans
, - handling cash flows
- managing capital expenditure decisions
- financial accounting - - making financial plans
- handling cash flows
- managing capital expenditure decisions
What three questions are the financial manager concerned with?
- working capital management
- capital structure
- capital budgeting
- designing new products - - working capital management
- capital structure
- capital budgeting
Capital budgeting is concerned with making and managing expenditures on ____________ ?
- current assets
- long - term assets
- long - term liabilities
- current liabilities - - long - term assets
Which term applies to the mixture of debt and equity maintained by a firm?
- Net working capital
- Cash management
- Capital Budget
- Capital structure - - Capital structure
Ensuring that the firm has sufficient funds to continue operations of day-to-day basis comes under the
heading of _____ management.
- working capital
CORRECT DETAILED ANSWERS
Which of the following is NOT one of the basic areas of finance?
- Investments
- Corporate Finance
- Financial Institutions
- Personal Finance
- International Finance - 4. Personal Finance
One of the important questions in the area of investments includes the potential risks and reward
associated with investing in ______________ assets. - financial
Which of the following positions generally report to the chief financial officer (CFO)?
- Director of Marketing
- Chief Executive Officer (CEO)
- Controller
- Treasurer - Controller and Treasurer
The __________ office responsible for corporate tax reporting.
- Controller's
- Treasurer's
- Ombudsman's
- Chief Operating Officer's - Controller's
A treasurer's responsibilities typically include:
- making financial plans
, - handling cash flows
- managing capital expenditure decisions
- financial accounting - - making financial plans
- handling cash flows
- managing capital expenditure decisions
What three questions are the financial manager concerned with?
- working capital management
- capital structure
- capital budgeting
- designing new products - - working capital management
- capital structure
- capital budgeting
Capital budgeting is concerned with making and managing expenditures on ____________ ?
- current assets
- long - term assets
- long - term liabilities
- current liabilities - - long - term assets
Which term applies to the mixture of debt and equity maintained by a firm?
- Net working capital
- Cash management
- Capital Budget
- Capital structure - - Capital structure
Ensuring that the firm has sufficient funds to continue operations of day-to-day basis comes under the
heading of _____ management.
- working capital
