v v v v v v v v v
Corporate Finance 13th Edition by Ross CH01
v v v v v v
ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
v v v v v v v v v
MULTIPLEvCHOICEv-
vChoosevthevonevalternativevthatvbestvcompletes vthevstatementvorvanswersvthevquestion.
1) Generally,vamongvthosevwhovreportvdirectlyvtovthe
arevthevtreasurervandvthevcontrollervofvavcorporation.
1)vv
A) boardvofvdirectors
B) chairpersonvofvthevboard
C) chiefvexecutivevofficer
D) president
E) chiefvfinancialvofficer
QuestionvDetails
AACSBv:vReflectivevThinkingvAcce
ssibilityv:vKeyboardvNavigationvBloo
m'sv:vRemember
Difficultyv:vBasic
Sectionv:v1.1vWhatvisvCorporatevFinance?vT
opicv:vManagementvorganizationvandvrolesv
Accessibilityv:vScreenvReadervCompatible
2) Avtypicalvchainvofvcommandvinvavcorporationvisvdescribedvbyvwhichvonevofvthevfollowingvst
atements?
2)vv
A) Thevinformationvsystemsvmanagervreportsvtovthevtreasurer.
B) Thevcreditvmanagervreportsvtovthevtreasurer.
C) Thevcontrollervreportsvtovthevchiefvexecutivevofficer.
D) Thevtaxvmanagervreportsvtovthevtreasurer.
E) Thevcapitalvexpendituresvmanagervreportsvtovthevcontroller.
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v v v v v v v v v
Corporate Finance 13th Edition by Ross CH01
v v v v v v
QuestionvDetails
AACSBv:vReflectivevThinkingvAcce
ssibilityv:vKeyboardvNavigationvBloo
m'sv:vRemember
Difficultyv:vBasic
Sectionv:v1.1vWhatvisvCorporatevFinance?vT
opicv:vManagementvorganizationvandvrolesv
Accessibilityv:vScreenvReadervCompatible
3) Answeringvwhichvonevofvthevfollowingvquestionsvinvolvesvmakingvavcapitalvbudgetingvd
ecision?
3)vv
A) Howvmuchvdebtvshouldvthevfirmvborrowvfromvavparticularvlender?
B) Shouldvthevfirmvbuildvavnewvproductionvfacility?
C) Shouldvthevfirmvissuevnewvequityvtovpayvforvitsvgrowthvgoals?
D) Howvmuchvinventoryvshouldvthevfirmvkeepvonvhand?
E) Howvmuchvcreditvshouldvthevfirmvextendvtovavparticularvcustomer?
QuestionvDetails
AACSBv:vReflectivevThinkingvAcce
ssibilityv:vKeyboardvNavigationvDiffi
cultyv:vBasic
Sectionv:v1.1vWhatvisvCorporatevFinance?v
Bloom'sv:vUnderstand
Topicv:vCapitalvbudgeting
Accessibilityv:vScreenvReadervCompatible
4) Whichvonevofvthevfollowingvstatementsvisvaccurate?
4)vv
A) Netvworkingvcapitalvequalsvcurrentvassetsvplusvcurrentvliabilities.
B) Currentvliabilitiesvarevdebtsvthatvmustvbevrepaidvinv18vmonthsvorvless.
C) Currentvassetsvarevassetsvwithvshortvlives,vsuchvasvaccountsvreceivable.
D) Long-termvdebtvisvdefinedvasvavresidualvclaimvonvavfirm’svassets.
E) Tangiblevassetsvarevfixedvassetsvsuchvasvpatents.
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v v v v v v v v v
Corporate Finance 13th Edition by Ross CH01
v v v v v v
QuestionvDetails
AACSBv:vReflectivevThinkingvAcce
ssibilityv:vKeyboardvNavigationvBloo
m'sv:vRemember
Difficultyv:vBasic
Sectionv:v1.1vWhatvisvCorporatevFinance?v
Topicv:vIntroductionvtovcorporatevfinancev
Accessibilityv:vScreenvReadervCompatible
5) Amongvthevtypicalvresponsibilitiesvofvthevcorporatevcontrollervis:
5)vv
A) capitalvexpendituresvmanagement.
B) cashvmanagement.
C) taxvreporting.
D) financialvplanning.
E) creditvmanagement.
QuestionvDetails
AACSBv:vReflectivevThinkingvAcce
ssibilityv:vKeyboardvNavigationvBloo
m'sv:vRemember
Difficultyv:vBasic
Sectionv:v1.1vWhatvisvCorporatevFinance?vT
opicv:vManagementvorganizationvandvrolesv
Accessibilityv:vScreenvReadervCompatible
6) v isvtypicallyvthevresponsibilityvofvthevcorporatevtreasurer.
6)vv
A) Financialvplanning
B) Costvaccounting
C) Taxvreporting
D) Informationvsystems
E) Financialvaccounting
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