TEST BANK
Corporate Finance 13th Edition
Stephen Ross, Randolph Westerfield,
Chapters 1 - 31, Complete
,
,
, Chapter 1 Introduction to Corporate Finance
Student name:_
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers 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 following
statements?
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 budgeting
decision?
How much debt should the firm borrow from a particular lender?
Should the firm build a new production facility?
Should the firm issue new equity to pay for its growth goals?
How much inventory should the firm keep on hand?
How much credit should the firm extend to a particular customer?
Version 1 2
Corporate Finance 13th Edition
Stephen Ross, Randolph Westerfield,
Chapters 1 - 31, Complete
,
,
, Chapter 1 Introduction to Corporate Finance
Student name:_
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers 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 following
statements?
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 budgeting
decision?
How much debt should the firm borrow from a particular lender?
Should the firm build a new production facility?
Should the firm issue new equity to pay for its growth goals?
How much inventory should the firm keep on hand?
How much credit should the firm extend to a particular customer?
Version 1 2
