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,TEST BANK FOR qy qy
Fundamentals of Corporate Finance, 13th Edition Ross qy qy qy qy qy qy q
Chapter 1-
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27 Answers are at the end of Each chapter Chapter 1
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Student name: qy
The controller, rather than the treasurer, is typically responsible for which one of the follo
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wing functions? qy
1) qy
Depositing cash receipts qy qy
Processing cost reports qy qy
Analyzing equipment purchases qy qy
Approving credit for a customer qy qy qy qy
Paying a vendor qy qy
Question Details qy
Accessibility : Keyboard Navigation Acces qy qy qy qy
sibility : Screen Reader Compatible Difficul
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ty : 1 Basic
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Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
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: A Quick Look
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Topic : Management organization and roles
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AACSB : Reflective Thinking qy qy qy
Bloom's : Remember qy qy
Usually, the treasurer of a corporation reports directly to the:
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2)
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, board of directors. qy qy
chair of the board. qy qy qy
chief executive officer.qy qy
president.
vice president of finance.
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Question Details qy
Accessibility : Keyboard Navigation Acces qy qy qy qy
sibility : Screen Reader Compatible Difficul
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ty : 1 Basic
qy qy qy
Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy
: A Quick Look
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Topic : Management organization and roles
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AACSB : Reflective Thinking qy qy qy
Bloom's : Remember qy qy
In a typical corporate organizational structure:
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3)
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the vice president of finance reports to the chair of the board.
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the chief executive officer reports to the president.
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the controller reports to the chief financial officer.
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the treasurer reports to the president.
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the chief operations officer reports to the vice president of production.
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Question Details qy
Accessibility : Keyboard Navigation Acces qy qy qy qy
sibility : Screen Reader Compatible Difficul
qy qy qy qy qy
ty : 1 Basic
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Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy
: A Quick Look
qy qy qy
Topic : Management organization and roles
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AACSB : Reflective Thinking qy qy qy
Bloom's : Remember qy qy
Version 1 qy 3
, Which one of the following questions involves a capital budgeting decision?
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4) qy
How many shares of stock should the firm issue?
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Should the firm purchase a new machine for the production line?
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Should the firm borrow money to acquire new equipment?
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How much inventory should the firm keep on hand?
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How much money should be kept in the checking account?
qy qy qy qy qy qy qy qy qy
Question Details qy
Accessibility : Keyboard Navigation Acces
qy qy qy qy
sibility : Screen Reader Compatible Bloom's
qy qy qy qy qy
: Understand
qy qy
Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy
: A Quick Look
qy qy qy
Topic : Financial management decisions Dif
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ficulty : 2 Intermediate
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AACSB : Reflective Thinking
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When evaluating the timing of a project’s projected cash flows, a financial manager is anal
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yzing:
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the amount of each expected cash flow.
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only the start-up costs that are expected to require cash resources.
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only the date of the final cash flow related to the project.
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the amount by which cash receipts are expected to exceed cash outflows.
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when each cash flow is expected to occur.
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Version 1 qy 4
qy 1
,TEST BANK FOR qy qy
Fundamentals of Corporate Finance, 13th Edition Ross qy qy qy qy qy qy q
Chapter 1-
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27 Answers are at the end of Each chapter Chapter 1
qy qy qy qy qy qy qy qy qy qy
Student name: qy
The controller, rather than the treasurer, is typically responsible for which one of the follo
qy qy qy qy qy qy qy qy qy qy qy qy qy qy
wing functions? qy
1) qy
Depositing cash receipts qy qy
Processing cost reports qy qy
Analyzing equipment purchases qy qy
Approving credit for a customer qy qy qy qy
Paying a vendor qy qy
Question Details qy
Accessibility : Keyboard Navigation Acces qy qy qy qy
sibility : Screen Reader Compatible Difficul
qy qy qy qy qy
ty : 1 Basic
qy qy qy
Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy
: A Quick Look
qy qy qy
Topic : Management organization and roles
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AACSB : Reflective Thinking qy qy qy
Bloom's : Remember qy qy
Usually, the treasurer of a corporation reports directly to the:
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2)
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Version 1 qy 2
, board of directors. qy qy
chair of the board. qy qy qy
chief executive officer.qy qy
president.
vice president of finance.
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Question Details qy
Accessibility : Keyboard Navigation Acces qy qy qy qy
sibility : Screen Reader Compatible Difficul
qy qy qy qy qy
ty : 1 Basic
qy qy qy
Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy
: A Quick Look
qy qy qy
Topic : Management organization and roles
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AACSB : Reflective Thinking qy qy qy
Bloom's : Remember qy qy
In a typical corporate organizational structure:
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3)
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the vice president of finance reports to the chair of the board.
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the chief executive officer reports to the president.
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the controller reports to the chief financial officer.
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the treasurer reports to the president.
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the chief operations officer reports to the vice president of production.
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Question Details qy
Accessibility : Keyboard Navigation Acces qy qy qy qy
sibility : Screen Reader Compatible Difficul
qy qy qy qy qy
ty : 1 Basic
qy qy qy
Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy
: A Quick Look
qy qy qy
Topic : Management organization and roles
qy qy qy qy qy qy
AACSB : Reflective Thinking qy qy qy
Bloom's : Remember qy qy
Version 1 qy 3
, Which one of the following questions involves a capital budgeting decision?
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4) qy
How many shares of stock should the firm issue?
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Should the firm purchase a new machine for the production line?
qy qy qy qy qy qy qy qy qy qy
Should the firm borrow money to acquire new equipment?
qy qy qy qy qy qy qy qy
How much inventory should the firm keep on hand?
qy qy qy qy qy qy qy qy
How much money should be kept in the checking account?
qy qy qy qy qy qy qy qy qy
Question Details qy
Accessibility : Keyboard Navigation Acces
qy qy qy qy
sibility : Screen Reader Compatible Bloom's
qy qy qy qy qy
: Understand
qy qy
Learning Objective : 01- qy qy qy
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance
qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy qy
: A Quick Look
qy qy qy
Topic : Financial management decisions Dif
qy qy qy qy qy
ficulty : 2 Intermediate
qy qy qy
AACSB : Reflective Thinking
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When evaluating the timing of a project’s projected cash flows, a financial manager is anal
qy qy qy qy qy qy qy qy qy qy qy qy qy qy
yzing:
5) qy
the amount of each expected cash flow.
qy qy qy qy qy qy
only the start-up costs that are expected to require cash resources.
qy qy qy qy qy qy qy qy qy qy
only the date of the final cash flow related to the project.
qy qy qy qy qy qy qy qy qy qy qy
the amount by which cash receipts are expected to exceed cash outflows.
qy qy qy qy qy qy qy qy qy qy qy
when each cash flow is expected to occur.
qy qy qy qy qy qy qy
Version 1 qy 4
