Fundamentals of Corporate Finance, 5th Edition by Robert , David , Bates & Gillan. (All Chapters 1-21) | TEST BANK

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Fundamentals of Corporate Finance, 5th Edition
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byRobert Parrino, DavidKidwell, All Chapters 1 - 21
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, Chapter 1 m The Financial Manager and the Firm
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1) The financial manager is responsible for making decisions that are in the best interests of
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mthe firm's owners.
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Answer: TRUE m m


mDiff: 1m


Learning Objective: LO 1
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mBloomcode: Knowledge AACSB: m m m


mAnalytic
IMA: FSA
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AICPA: Process and Resource Management Perspectives
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2) A patent is a productive asset for a technology-based
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mfirm. Answer: TRUE
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Diff: 1
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Learning Objective: LO 1
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mBloomcode: Knowledge AACSB: m m m


mAnalytic
IMA: Business Economics
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AICPA: Global and Industry Perspectives
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3) Intangible assets generate most of a manufacturing firm's cash
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mflows. Answer: FALSE
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Diff: 2
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Learning Objective: LO 1
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mBloomcode: Application AACSB: m m m


mAnalytic
IMA: Corporate Finance
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AICPA: Process and Resource Management Perspectives
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4) The most fundamental way a business can grow in size is by reinvesting cash flows or
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mearnings. Answer: TRUE mm m m


Diff: 1
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Learning Objective: LO 1
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mBloomcode: Knowledge AACSB: m m m


mAnalytic
IMA: FSA
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AICPA: Process and Resource Management Perspectives
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