Answers Included ✅
Chap 01 2025 Release - Ross
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) Nishaa has been promoted and is now in charge of planning and managing her firm’s long-
term investments. In other words, she is in charge of:
1) ______
A) sales planning.
B) asset allocation.
C) risk management.
D) capital budgeting.
E) working capital management.
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Evergreen Release : Updated 2025
Gradable : automatic
Learning Objective : 01-01 Discuss the basic types of financial management decisions and the role of
Section : 1.2 Business Finance and the Financial Manager
Topic : Financial management decisions
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01 Nishaa has been promoted and is...
1
,2) Uptown Markets is financed with 45 percent debt and 55 percent equity. This mixture of debt
and equity is referred to as the firm's:
2) ______
A) capital structure.
B) capital budget.
C) asset allocation.
D) working capital.
E) risk structure.
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-01 Discuss the basic types of financial management decisions and the role of
Section : 1.2 Business Finance and the Financial Manager
Topic : Financial management decisions
Source : Chapter 01 Test Bank - Static > TB MC Qu. 02 Uptown Markets is financed with...
3) Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. Decisions
related to these accounts are referred to as:
3) ______
A) capital structure decisions.
B) capital budgeting decisions.
C) working capital management.
D) operating management.
E) fixed account structure.
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-01 Discuss the basic types of financial management decisions and the role of
Section : 1.2 Business Finance and the Financial Manager
Topic : Financial management decisions
Source : Chapter 01 Test Bank - Static > TB MC Qu. 03 Raleigh BBQ has...
2
,4) Vera opened a used bookstore and is both the 100 percent owner and the store's manager.
Which type of business entity does Vera own if she is personally liable for all the store's
debts?
4) ______
A) Sole proprietorship
B) Limited partnership
C) Corporation
D) Joint stock company
E) General partnership
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-03 Compare the financial implications of the different forms of business orga
Section : 1.3 Forms of Business Organization
Topic : Forms of business organization
Source : Chapter 01 Test Bank - Static > TB MC Qu. 04 Vera opened a used bookstore and...
3
, 5) Deandre and Mason both enjoy sunshine, water, and surfboards. Thus, the two friends
decided to create a business together renting surfboards, paddle boats, and inflatable devices
in California. Deandre and Mason will equally share in the decision making and in the
business profits or losses. Which type of business did they create if they both have full
personal liability for the firm's debts?
5) ______
A) Sole proprietorship
B) Limited partnership
C) Corporation
D) Joint stock company
E) General partnership
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-03 Compare the financial implications of the different forms of business orga
Section : 1.3 Forms of Business Organization
Topic : Forms of business organization
Source : Chapter 01 Test Bank - Static > TB MC Qu. 05 Deandre and Mason both enjoy sunshine,...
4
Chap 01 2025 Release - Ross
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) Nishaa has been promoted and is now in charge of planning and managing her firm’s long-
term investments. In other words, she is in charge of:
1) ______
A) sales planning.
B) asset allocation.
C) risk management.
D) capital budgeting.
E) working capital management.
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Evergreen Release : Updated 2025
Gradable : automatic
Learning Objective : 01-01 Discuss the basic types of financial management decisions and the role of
Section : 1.2 Business Finance and the Financial Manager
Topic : Financial management decisions
Source : Chapter 01 Test Bank - Static > TB MC Qu. 01 Nishaa has been promoted and is...
1
,2) Uptown Markets is financed with 45 percent debt and 55 percent equity. This mixture of debt
and equity is referred to as the firm's:
2) ______
A) capital structure.
B) capital budget.
C) asset allocation.
D) working capital.
E) risk structure.
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-01 Discuss the basic types of financial management decisions and the role of
Section : 1.2 Business Finance and the Financial Manager
Topic : Financial management decisions
Source : Chapter 01 Test Bank - Static > TB MC Qu. 02 Uptown Markets is financed with...
3) Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. Decisions
related to these accounts are referred to as:
3) ______
A) capital structure decisions.
B) capital budgeting decisions.
C) working capital management.
D) operating management.
E) fixed account structure.
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-01 Discuss the basic types of financial management decisions and the role of
Section : 1.2 Business Finance and the Financial Manager
Topic : Financial management decisions
Source : Chapter 01 Test Bank - Static > TB MC Qu. 03 Raleigh BBQ has...
2
,4) Vera opened a used bookstore and is both the 100 percent owner and the store's manager.
Which type of business entity does Vera own if she is personally liable for all the store's
debts?
4) ______
A) Sole proprietorship
B) Limited partnership
C) Corporation
D) Joint stock company
E) General partnership
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-03 Compare the financial implications of the different forms of business orga
Section : 1.3 Forms of Business Organization
Topic : Forms of business organization
Source : Chapter 01 Test Bank - Static > TB MC Qu. 04 Vera opened a used bookstore and...
3
, 5) Deandre and Mason both enjoy sunshine, water, and surfboards. Thus, the two friends
decided to create a business together renting surfboards, paddle boats, and inflatable devices
in California. Deandre and Mason will equally share in the decision making and in the
business profits or losses. Which type of business did they create if they both have full
personal liability for the firm's debts?
5) ______
A) Sole proprietorship
B) Limited partnership
C) Corporation
D) Joint stock company
E) General partnership
Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Analytical Thinking
Difficulty : 1 Basic
Gradable : automatic
Learning Objective : 01-03 Compare the financial implications of the different forms of business orga
Section : 1.3 Forms of Business Organization
Topic : Forms of business organization
Source : Chapter 01 Test Bank - Static > TB MC Qu. 05 Deandre and Mason both enjoy sunshine,...
4
