smartbook questions exam 1, chapter 1
complete questions and answers |
solved
Which of the following is not one of the basic areas of finance?
Multiple choice question.
international finance
corporate finance
personal finance
financial institutions
investments CORRECT ANSWERS personal finance
One of the important questions in the area of investments includes the potential risks
and reward associated with investing in ______ assets. CORRECT ANSWERS financial
Ensuring that the firm has sufficient funds to continue operations on a day-to-day basis
comes under the heading of Blank______ management.
Multiple choice question.
fixed asset
accounts receivables
working capital
total asset CORRECT ANSWERS working capital
A sole proprietor has _____ personal liability for all business debts and obligations.
Multiple choice question.
limited
unlimited
no
little CORRECT ANSWERS unlimited
A business without separate legal authority formed by two or more people is known as a
Blank______.
Multiple choice question.
conglomerate
corporation
partnership
sole proprietorship CORRECT ANSWERS partnership
, The five basic areas of finance include investments, financial institutions, fintech,
international finance, and _____ finance. CORRECT ANSWERS Corporate
What type of partnership involves both general and limited partners to run the business?
Multiple choice question.
corporation
general partnership
limited partnership
sole proprietorship CORRECT ANSWERS limited partnership
Which of the following are key questions for investments?
Multiple select question.
What determines the price of a financial asset?
How much money should you have to open a portfolio?
What are the risks and rewards associated with investing?
What are stocks?
What is the best mixture of financial assets to hold? CORRECT ANSWERS What
determines the price of a financial asset?
What are the risks and rewards associated with investing?
What is the best mixture of financial assets to hold?
Why don't large businesses organize as sole proprietorships or partnerships?
Multiple choice question.
It is too easy to transfer ownership from one party to another.
Businesses want to maximize their liability.
It can be difficult to raise cash for investment in these forms, and that limits the ability of
the business to grow.
These forms of business organization are too complicated to manage on a large scale.
CORRECT ANSWERS It can be difficult to raise cash for investment in these forms,
and that limits the ability of the business to grow.
Working capital includes which of the following?
Multiple select question.
equipment
short-term assets
inventory
cash CORRECT ANSWERS short-term assets
inventory
cash
Since Blank______ and ownership are separated, a corporation's life is unlimited.
Multiple choice question.
complete questions and answers |
solved
Which of the following is not one of the basic areas of finance?
Multiple choice question.
international finance
corporate finance
personal finance
financial institutions
investments CORRECT ANSWERS personal finance
One of the important questions in the area of investments includes the potential risks
and reward associated with investing in ______ assets. CORRECT ANSWERS financial
Ensuring that the firm has sufficient funds to continue operations on a day-to-day basis
comes under the heading of Blank______ management.
Multiple choice question.
fixed asset
accounts receivables
working capital
total asset CORRECT ANSWERS working capital
A sole proprietor has _____ personal liability for all business debts and obligations.
Multiple choice question.
limited
unlimited
no
little CORRECT ANSWERS unlimited
A business without separate legal authority formed by two or more people is known as a
Blank______.
Multiple choice question.
conglomerate
corporation
partnership
sole proprietorship CORRECT ANSWERS partnership
, The five basic areas of finance include investments, financial institutions, fintech,
international finance, and _____ finance. CORRECT ANSWERS Corporate
What type of partnership involves both general and limited partners to run the business?
Multiple choice question.
corporation
general partnership
limited partnership
sole proprietorship CORRECT ANSWERS limited partnership
Which of the following are key questions for investments?
Multiple select question.
What determines the price of a financial asset?
How much money should you have to open a portfolio?
What are the risks and rewards associated with investing?
What are stocks?
What is the best mixture of financial assets to hold? CORRECT ANSWERS What
determines the price of a financial asset?
What are the risks and rewards associated with investing?
What is the best mixture of financial assets to hold?
Why don't large businesses organize as sole proprietorships or partnerships?
Multiple choice question.
It is too easy to transfer ownership from one party to another.
Businesses want to maximize their liability.
It can be difficult to raise cash for investment in these forms, and that limits the ability of
the business to grow.
These forms of business organization are too complicated to manage on a large scale.
CORRECT ANSWERS It can be difficult to raise cash for investment in these forms,
and that limits the ability of the business to grow.
Working capital includes which of the following?
Multiple select question.
equipment
short-term assets
inventory
cash CORRECT ANSWERS short-term assets
inventory
cash
Since Blank______ and ownership are separated, a corporation's life is unlimited.
Multiple choice question.
