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,TEST BANK FOR
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FundamentalswofwCorporatewFinance,w13thwEditionwRosswCha
pterw1-27wAnswerswarewatwthewendwofwEachwchapterwChapterw1
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1) Thewcontroller,wratherwthanwthewtreasurer,wiswtypicallywresponsiblewforwwhichwonewofwth
ewfollowingwfunctions?
1)ww
A) Depositingwcashwreceipts
B) Processingwcostwreports
C) Analyzingwequipmentwpurchases
D) Approvingwcreditwforwawcustomer
E) Payingwawvendor
QuestionwDetails
Accessibilityw:wKeyboardwNavigationwAc
cessibilityw:wScreenwReaderwCompatiblewD
ifficultyw:w1wBasic
LearningwObjectivew:w01-
01wDefinewthewbasicwtypeswofwfinancialwmanagementwdecisionswandwthewrolewofwtwSectionw:w1.1wFinance
:wAwQuickwLook
Topicw:wManagementworganizationwandwrole
swAACSBw:wReflectivewThinking
Bloom'sw:wRemember
2) Usually,wthewtreasurerwofwawcorporationwreportswdirectlywtowthe:
2)ww
Versionw1 3
, A) boardwofwdirectors.
B) chairwofwthewboard.
C) chiefwexecutivewofficer.
D) president.
E) vicewpresidentwofwfinance.
QuestionwDetails
Accessibilityw:wKeyboardwNavigationwAc
cessibilityw:wScreenwReaderwCompatiblewD
ifficultyw:w1wBasic
LearningwObjectivew:w01-
01wDefinewthewbasicwtypeswofwfinancialwmanagementwdecisionswandwthewrolewofwtwSectionw:w1.1wFinance
:wAwQuickwLook
Topicw:wManagementworganizationwandwrole
swAACSBw:wReflectivewThinking
Bloom'sw:wRemember
3) Inwawtypicalwcorporateworganizationalwstructure:
3)ww
A) thewvicewpresidentwofwfinancewreportswtowthewchairwofwthewboard.
B) thewchiefwexecutivewofficerwreportswtowthewpresident.
C) thewcontrollerwreportswtowthewchiefwfinancialwofficer.
D) thewtreasurerwreportswtowthewpresident.
E) thewchiefwoperationswofficerwreportswtowthewvicewpresidentwofwproduction.
QuestionwDetails
Accessibilityw:wKeyboardwNavigationwAc
cessibilityw:wScreenwReaderwCompatiblewD
ifficultyw:w1wBasic
LearningwObjectivew:w01-
01wDefinewthewbasicwtypeswofwfinancialwmanagementwdecisionswandwthewrolewofwtwSectionw:w1.1wFinance
:wAwQuickwLook
Topicw:wManagementworganizationwandwrole
swAACSBw:wReflectivewThinking
Bloom'sw:wRemember
Versionw1 4