if+|in+|need+|of+|any+|academic+|assistance+|email+|at+|
Test Bank for Corporate Finance 13th Editio
+| +| +| +| +| +|
n By Stephen Ross, Randolph Westerfeld chapters 1 -
+| +| +| +| +| +| +| +|
21, Complete
+| +|
Version+| 1
1
,if+|in+|need+|of+|any+|academic+|assistance+|email+|at+|
Chapter 1 +|
Student name:_
+| +|
MULTIPLE+|CHOICE+|-
+|Choose+|the+|one+|alternative+|that+|best+|completes +|the+|statement+|ora
| nswers+|the+|question.
+
1) Generally,+|among+|those+|who+|report+|directly+|to+|the
are+|the+|treasurer+|and+|the+|controller+|of+|a+|corporation.
A) board+|of+|directors
B) chairperson+|of+|the+|board
C) chief+|executive+|officer
D) president
E) chief+|financial+|officer
2) A+|typical+|chain+|of+|command+|in+|a+|corporation+|is+|described+|by+|which+|one+|of+|the+|followi
ngs+| tatements?
A) The+|information+|systems+|manager+|reports+|to+|the+|treasurer.
B) The+|credit+|manager+|reports+|to+|the+|treasurer.
C) The+|controller+|reports+|to+|the+|chief+|executive+|officer.
D) The+|tax+|manager+|reports+|to+|the+|treasurer.
E) The+|capital+|expenditures+|manager+|reports+|to+|the+|controller.
3) Answering+|which+|one+|of+|the+|following+|questions+|involves+|making+|a+|capital+|budgeti
ngd+| ecision?
Version+| 2
1
,if+|in+|need+|of+|any+|academic+|assistance+|email+|at+|
A) How+|much+|debt+|should+|the+|firm+|borrow+|from+|a+|particular+|lender?
B) Should+|the+|firm+|build+|a+|new+|production+|facility?
C) Should+|the+|firm+|issue+|new+|equity+|to+|pay+|for+|its+|growth+|goals?
D) How+|much+|inventory+|should+|the+|firm+|keep+|on+|hand?
E) How+|much+|credit+|should+|the+|firm+|extend+|to+|a+|particular+|customer?
4) Which+|one+|of+|the+|following+|statements+|is+|accurate?
A) Net+|working+|capital+|equals+|current+|assets+|plus+|current+|liabilities.
B) Current+|liabilities+|are+|debts+|that+|must+|be+|repaid+|in+|18+|months+|or+|less.
C) Current+|assets+|are+|assets+|with+|short+|lives,+|such+|as+|accounts+|receivable.
D) Long-term+|debt+|is+|defined+|as+|a+|residual+|claim+|on+|a+|firm’s+|assets.
E) Tangible+|assets+|are+|fixed+|assets+|such+|as+|patents.
5) Among+|the+|typical+|responsibilities+|of+|the+|corporate+|controller+|is:
A) capital+|expenditures+|management.
B) cash+|management.
C) tax+|reporting.
D) financial+|planning.
E) credit+|management.
6) +| is+|typically+|the+|responsibility+|of+|the+|corporate+|treasurer.
A) Financial+|planning
B) Cost+|accounting
C) Tax+|reporting
D) Information+|systems
E) Financial+|accounting
7) A+|firm’s define(s)+|its+|capital+|structure.
Version+| 3
1
, if+|in+|need+|of+|any+|academic+|assistance+|email+|at+|
A) mixture+|of+|various+|types+|of+|production+|equipment
B) investment+|selections+|for+|its+|excess+|cash+|reserves
C) combination+|of+|cash+|and+|cash+|equivalents
D) combination+|of+|accounts+|appearing+|on+|the+|left+|side+|of+|its+|balance+|sheet
E) proportions+|of+|financing+|from+|debt+|and+|equity
8) The+|focus+|of+|short-term+|finance+|is+|on:
A) the+|timing+|of+|cash+|flows.
B) acquiring+|and+|selling+|fixed+|assets.
C) financing+|long-term+|projects.
D) capital+|budgeting.
E) issuing+|additional+|shares+|of+|common+|stock.
9) Net+|working+|capital+|includes:
A) copyrights.
B) manufacturing+|equipment.
C) common+|stock.
D) long-term+|debt.
E) inventory.
10) +| is+|defined+|as+|planning+|and+|managing+|a+|firm’s+|long-term+|assets.
A) Working+|capital+|management
B) Cash+|management
C) Cost+|accounting+|management
D) Capital+|budgeting
E) Capital+|structure+|management
11) An+|amount+|the+|firms+|owes,+|which+|it+|must+|repay+|within+|twelve+|months,+|is+|called+|a(n):
Version+| 4
1
Test Bank for Corporate Finance 13th Editio
+| +| +| +| +| +|
n By Stephen Ross, Randolph Westerfeld chapters 1 -
+| +| +| +| +| +| +| +|
21, Complete
+| +|
Version+| 1
1
,if+|in+|need+|of+|any+|academic+|assistance+|email+|at+|
Chapter 1 +|
Student name:_
+| +|
MULTIPLE+|CHOICE+|-
+|Choose+|the+|one+|alternative+|that+|best+|completes +|the+|statement+|ora
| nswers+|the+|question.
+
1) Generally,+|among+|those+|who+|report+|directly+|to+|the
are+|the+|treasurer+|and+|the+|controller+|of+|a+|corporation.
A) board+|of+|directors
B) chairperson+|of+|the+|board
C) chief+|executive+|officer
D) president
E) chief+|financial+|officer
2) A+|typical+|chain+|of+|command+|in+|a+|corporation+|is+|described+|by+|which+|one+|of+|the+|followi
ngs+| tatements?
A) The+|information+|systems+|manager+|reports+|to+|the+|treasurer.
B) The+|credit+|manager+|reports+|to+|the+|treasurer.
C) The+|controller+|reports+|to+|the+|chief+|executive+|officer.
D) The+|tax+|manager+|reports+|to+|the+|treasurer.
E) The+|capital+|expenditures+|manager+|reports+|to+|the+|controller.
3) Answering+|which+|one+|of+|the+|following+|questions+|involves+|making+|a+|capital+|budgeti
ngd+| ecision?
Version+| 2
1
,if+|in+|need+|of+|any+|academic+|assistance+|email+|at+|
A) How+|much+|debt+|should+|the+|firm+|borrow+|from+|a+|particular+|lender?
B) Should+|the+|firm+|build+|a+|new+|production+|facility?
C) Should+|the+|firm+|issue+|new+|equity+|to+|pay+|for+|its+|growth+|goals?
D) How+|much+|inventory+|should+|the+|firm+|keep+|on+|hand?
E) How+|much+|credit+|should+|the+|firm+|extend+|to+|a+|particular+|customer?
4) Which+|one+|of+|the+|following+|statements+|is+|accurate?
A) Net+|working+|capital+|equals+|current+|assets+|plus+|current+|liabilities.
B) Current+|liabilities+|are+|debts+|that+|must+|be+|repaid+|in+|18+|months+|or+|less.
C) Current+|assets+|are+|assets+|with+|short+|lives,+|such+|as+|accounts+|receivable.
D) Long-term+|debt+|is+|defined+|as+|a+|residual+|claim+|on+|a+|firm’s+|assets.
E) Tangible+|assets+|are+|fixed+|assets+|such+|as+|patents.
5) Among+|the+|typical+|responsibilities+|of+|the+|corporate+|controller+|is:
A) capital+|expenditures+|management.
B) cash+|management.
C) tax+|reporting.
D) financial+|planning.
E) credit+|management.
6) +| is+|typically+|the+|responsibility+|of+|the+|corporate+|treasurer.
A) Financial+|planning
B) Cost+|accounting
C) Tax+|reporting
D) Information+|systems
E) Financial+|accounting
7) A+|firm’s define(s)+|its+|capital+|structure.
Version+| 3
1
, if+|in+|need+|of+|any+|academic+|assistance+|email+|at+|
A) mixture+|of+|various+|types+|of+|production+|equipment
B) investment+|selections+|for+|its+|excess+|cash+|reserves
C) combination+|of+|cash+|and+|cash+|equivalents
D) combination+|of+|accounts+|appearing+|on+|the+|left+|side+|of+|its+|balance+|sheet
E) proportions+|of+|financing+|from+|debt+|and+|equity
8) The+|focus+|of+|short-term+|finance+|is+|on:
A) the+|timing+|of+|cash+|flows.
B) acquiring+|and+|selling+|fixed+|assets.
C) financing+|long-term+|projects.
D) capital+|budgeting.
E) issuing+|additional+|shares+|of+|common+|stock.
9) Net+|working+|capital+|includes:
A) copyrights.
B) manufacturing+|equipment.
C) common+|stock.
D) long-term+|debt.
E) inventory.
10) +| is+|defined+|as+|planning+|and+|managing+|a+|firm’s+|long-term+|assets.
A) Working+|capital+|management
B) Cash+|management
C) Cost+|accounting+|management
D) Capital+|budgeting
E) Capital+|structure+|management
11) An+|amount+|the+|firms+|owes,+|which+|it+|must+|repay+|within+|twelve+|months,+|is+|called+|a(n):
Version+| 4
1
