FINAL PAPER QUESTIONS AND ANSWERS
FULL SOLUTION BUNDLE ACCURATE
CONTENT
●● Accounting
Answer: Systematic method of keeping historical records of the financial
activities of an entity
●● Finance
Answer: Using financial data to make management decisions of how to
acquire and use money
●● Four basic Areas Within Finance
Answer: 1. Corporate Finance
2. Investments
3. Financial Institutions
4. International Finance
●● Three Primary Areas of Corporate (Business) Financial Management
Answer: 1. Capital Budgeting
2. capital structure management
, 3. working capital management
●● Capital Budgeting
Answer: The process of planning and managing a firms long-term
investment in assets
●● Capital Structure Management
Answer: Decisions about the mix of debt and equity maintained by a
firm (how much is borrowed and how much comes from the owners)
●● Working Capital Management
Answer: Planning and managing a firm's short-term assets and liabilities
●● Four Primary Forms of Business Organizations
Answer: 1. Soul Proprietorships
2. Partnership
3. Corporation
4. LLC (Limited Liability Company)
●● Soul proprietorship
Answer: Business owned by 1 person
●● Advantages and Disadvantages of soul proprietorships