F100 Final Exam Review UPDATED Exam
Questions and CORRECT Answers
The finance professional who is primarily responsible for arranging external financing and
managing relationships with banks and other financial institutions is the - CORRECT
ANSWER- Treasurer
Which of the following would be considered an External Collaboration for the finance and
treasury areas?
I. Internal Audit
II. Accounts Receivable
III. Financial Markets
IV. Suppliers and Customers
V. Regulatory Agencies - CORRECT ANSWER- III, IV and V only
What is the traditional financial goal we use for publicly traded corporations in the U.S.? -
CORRECT ANSWER- Maximize shareholder wealth
What is the definition of the Cash Conversion Cycle? - CORRECT ANSWER- The time it
takes to convert a cash outflow into a cash inflow.
Ensuring the company's ability to meet current and future financial obligations in a timely
and cost-effective manner is related to which of the following treasury management
objectives? - CORRECT ANSWER- Maintain liquidity
To simplify what an investment management career is all about, it might be helpful to
consider it as... - CORRECT ANSWER- helping clients invest their money or wealth.
According to class session, one way to think about investment banking is... - CORRECT
ANSWER- that it is a lot about deal making.
Handshake is... - CORRECT ANSWER- a platform for connecting Kelley students with
recruiters.
, According to class session, a lot of the work in commercial banking is sort of... - CORRECT
ANSWER- the mirror equivalent of work in corporate finance.
Kelley Connect is... - CORRECT ANSWER- a site of many resources available for Kelley
students.
If you become a finance major, how many courses are the minimum required for electives? -
CORRECT ANSWER- Four typical courses, worth at least 12 credits.
This important credential for finance professional s requires completing three, six-hour
exams. - CORRECT ANSWER- CFA
The workshops we will continue discussing in F100 are managed by the finance department,
except for consulting. The Consulting Workshop is managed by... - CORRECT ANSWER-
the Business Law and Ethics department.
During multiple class sessions, instructors noted that the most important step freshman
should take right now is... - CORRECT ANSWER- to learn how to study at IU and make
good grades.
If you have questions about your degree requirements, you should... - CORRECT ANSWER-
speak with your Kelley academic advisor.
We looked at financial statements quickly online at Yahoo! Finance. There, we discovered
that TTM is short for... - CORRECT ANSWER- trailing twelve months.
It's important for the resume for you to demonstrate you have some kind of engagement at
IU, even though you will have been on campus for only a few weeks. In class sessions, we
further explained that... - CORRECT ANSWER- you don't have to join just a business or
finance club. Exploring other kinds of groups at IU will be just fine.
The resume assignment is due... - CORRECT ANSWER- on February 27 at 11:59 PM.
Questions and CORRECT Answers
The finance professional who is primarily responsible for arranging external financing and
managing relationships with banks and other financial institutions is the - CORRECT
ANSWER- Treasurer
Which of the following would be considered an External Collaboration for the finance and
treasury areas?
I. Internal Audit
II. Accounts Receivable
III. Financial Markets
IV. Suppliers and Customers
V. Regulatory Agencies - CORRECT ANSWER- III, IV and V only
What is the traditional financial goal we use for publicly traded corporations in the U.S.? -
CORRECT ANSWER- Maximize shareholder wealth
What is the definition of the Cash Conversion Cycle? - CORRECT ANSWER- The time it
takes to convert a cash outflow into a cash inflow.
Ensuring the company's ability to meet current and future financial obligations in a timely
and cost-effective manner is related to which of the following treasury management
objectives? - CORRECT ANSWER- Maintain liquidity
To simplify what an investment management career is all about, it might be helpful to
consider it as... - CORRECT ANSWER- helping clients invest their money or wealth.
According to class session, one way to think about investment banking is... - CORRECT
ANSWER- that it is a lot about deal making.
Handshake is... - CORRECT ANSWER- a platform for connecting Kelley students with
recruiters.
, According to class session, a lot of the work in commercial banking is sort of... - CORRECT
ANSWER- the mirror equivalent of work in corporate finance.
Kelley Connect is... - CORRECT ANSWER- a site of many resources available for Kelley
students.
If you become a finance major, how many courses are the minimum required for electives? -
CORRECT ANSWER- Four typical courses, worth at least 12 credits.
This important credential for finance professional s requires completing three, six-hour
exams. - CORRECT ANSWER- CFA
The workshops we will continue discussing in F100 are managed by the finance department,
except for consulting. The Consulting Workshop is managed by... - CORRECT ANSWER-
the Business Law and Ethics department.
During multiple class sessions, instructors noted that the most important step freshman
should take right now is... - CORRECT ANSWER- to learn how to study at IU and make
good grades.
If you have questions about your degree requirements, you should... - CORRECT ANSWER-
speak with your Kelley academic advisor.
We looked at financial statements quickly online at Yahoo! Finance. There, we discovered
that TTM is short for... - CORRECT ANSWER- trailing twelve months.
It's important for the resume for you to demonstrate you have some kind of engagement at
IU, even though you will have been on campus for only a few weeks. In class sessions, we
further explained that... - CORRECT ANSWER- you don't have to join just a business or
finance club. Exploring other kinds of groups at IU will be just fine.
The resume assignment is due... - CORRECT ANSWER- on February 27 at 11:59 PM.
