TEST BANK FOR F F
Fundamentals of Corporate Finance, 13th Edition Ross C F F F F F F F
hapter 1- F
27 Answers are at the end of Each chapter Chapter 1
F F F F F F F F F F
Student name: F
The controller, rather than the treasurer, is typically responsible for which one of the following f
F F F F F F F F F F F F F F F
unctions?
1) F
Depositing cash receipts F F
Processing cost reports F F
Analyzing equipment purchases F F
Approving credit for a customer F F F F
Paying a vendor F F
Question Details F
Accessibility : Keyboard Navigation Accessib F F F F
ility : Screen Reader Compatible Difficulty : 1
F F F F F F F F
Basic
Learning Objective : 01- F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Management organization and roles A
F F F F F F
ACSB : Reflective Thinking
F F F
Bloom's : Remember F F
Usually, the treasurer of a corporation reports directly to the:
F F F F F F F F F
2) F
Version 1 F 1
, board of directors. F F
chair of the board. F F F
chief executive officer.
F F
president.
vice president of finance.
F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Difficulty : 1
F F F F F F F F
Basic
Learning Objective : 01-
F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Management organization and roles A
F F F F F F
ACSB : Reflective Thinking
F F F
Bloom's : Remember F F
In a typical corporate organizational structure:
F F F F F
3) F
the vice president of finance reports to the chair of the board.
F F F F F F F F F F F
the chief executive officer reports to the president.
F F F F F F F
the controller reports to the chief financial officer.
F F F F F F F
the treasurer reports to the president.
F F F F F
the chief operations officer reports to the vice president of production.
F F F F F F F F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Difficulty : 1
F F F F F F F F
Basic
Learning Objective : 01-
F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Management organization and roles A
F F F F F F
ACSB : Reflective Thinking
F F F
Bloom's : Remember F F
Version 1 F 2
,Which one of the following questions involves a capital budgeting decision?
F F F F F F F F F F
4) F
How many shares of stock should the firm issue?
F F F F F F F F
Should the firm purchase a new machine for the production line?
F F F F F F F F F F
Should the firm borrow money to acquire new equipment?
F F F F F F F F
How much inventory should the firm keep on hand?
F F F F F F F F
How much money should be kept in the checking account?
F F F F F F F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Bloom's : Un
F F F F F F F
derstand
Learning Objective : 01- F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Financial management decisions Diffic
F F F F F
ulty : 2 Intermediate
F F F
AACSB : Reflective Thinking
F F F
When evaluating the timing of a project’s projected cash flows, a financial manager is analyzing:
F F F F F F F F F F F F F F
5) F
the amount of each expected cash flow.
F F F F F F
only the start-up costs that are expected to require cash resources.
F F F F F F F F F F
only the date of the final cash flow related to the project.
F F F F F F F F F F F
the amount by which cash receipts are expected to exceed cash outflows.
F F F F F F F F F F F
when each cash flow is expected to occur.
F F F F F F F
Version 1 F 3
, Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Bloom's : Un
F F F F F F F
derstand
Learning Objective : 01-F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Financial management decisions Diffic
F F F F F
ulty : 2 Intermediate
F F F
AACSB : Reflective Thinking
F F F
Which one of the following questions involves a capital structure decision?
F F F F F F F F F F
6) F
Which one of two project proposals should the firm implement?
F F F F F F F F F
How should the firm allocate its limited available funds among acceptable projects?
F F F F F F F F F F F
How much funding should be allocated to financing customer purchases of a new product
F F F F F F F F F F F F F
?
How much debt should the firm incur to fund a project?
F F F F F F F F F F
How much inventory will be needed to support a project?
F F F F F F F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Bloom's : Un
F F F F F F F
derstand
Learning Objective : 01-F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Financial management decisions Diffic
F F F F F
ulty : 2 Intermediate
F F F
AACSB : Reflective Thinking
F F F
Determining the number of shares of stock to issue is an example of a
F F F F F F F F F F F F F F decision.
7) F
Version 1 F 4
Fundamentals of Corporate Finance, 13th Edition Ross C F F F F F F F
hapter 1- F
27 Answers are at the end of Each chapter Chapter 1
F F F F F F F F F F
Student name: F
The controller, rather than the treasurer, is typically responsible for which one of the following f
F F F F F F F F F F F F F F F
unctions?
1) F
Depositing cash receipts F F
Processing cost reports F F
Analyzing equipment purchases F F
Approving credit for a customer F F F F
Paying a vendor F F
Question Details F
Accessibility : Keyboard Navigation Accessib F F F F
ility : Screen Reader Compatible Difficulty : 1
F F F F F F F F
Basic
Learning Objective : 01- F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Management organization and roles A
F F F F F F
ACSB : Reflective Thinking
F F F
Bloom's : Remember F F
Usually, the treasurer of a corporation reports directly to the:
F F F F F F F F F
2) F
Version 1 F 1
, board of directors. F F
chair of the board. F F F
chief executive officer.
F F
president.
vice president of finance.
F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Difficulty : 1
F F F F F F F F
Basic
Learning Objective : 01-
F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Management organization and roles A
F F F F F F
ACSB : Reflective Thinking
F F F
Bloom's : Remember F F
In a typical corporate organizational structure:
F F F F F
3) F
the vice president of finance reports to the chair of the board.
F F F F F F F F F F F
the chief executive officer reports to the president.
F F F F F F F
the controller reports to the chief financial officer.
F F F F F F F
the treasurer reports to the president.
F F F F F
the chief operations officer reports to the vice president of production.
F F F F F F F F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Difficulty : 1
F F F F F F F F
Basic
Learning Objective : 01-
F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Management organization and roles A
F F F F F F
ACSB : Reflective Thinking
F F F
Bloom's : Remember F F
Version 1 F 2
,Which one of the following questions involves a capital budgeting decision?
F F F F F F F F F F
4) F
How many shares of stock should the firm issue?
F F F F F F F F
Should the firm purchase a new machine for the production line?
F F F F F F F F F F
Should the firm borrow money to acquire new equipment?
F F F F F F F F
How much inventory should the firm keep on hand?
F F F F F F F F
How much money should be kept in the checking account?
F F F F F F F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Bloom's : Un
F F F F F F F
derstand
Learning Objective : 01- F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Financial management decisions Diffic
F F F F F
ulty : 2 Intermediate
F F F
AACSB : Reflective Thinking
F F F
When evaluating the timing of a project’s projected cash flows, a financial manager is analyzing:
F F F F F F F F F F F F F F
5) F
the amount of each expected cash flow.
F F F F F F
only the start-up costs that are expected to require cash resources.
F F F F F F F F F F
only the date of the final cash flow related to the project.
F F F F F F F F F F F
the amount by which cash receipts are expected to exceed cash outflows.
F F F F F F F F F F F
when each cash flow is expected to occur.
F F F F F F F
Version 1 F 3
, Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Bloom's : Un
F F F F F F F
derstand
Learning Objective : 01-F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Financial management decisions Diffic
F F F F F
ulty : 2 Intermediate
F F F
AACSB : Reflective Thinking
F F F
Which one of the following questions involves a capital structure decision?
F F F F F F F F F F
6) F
Which one of two project proposals should the firm implement?
F F F F F F F F F
How should the firm allocate its limited available funds among acceptable projects?
F F F F F F F F F F F
How much funding should be allocated to financing customer purchases of a new product
F F F F F F F F F F F F F
?
How much debt should the firm incur to fund a project?
F F F F F F F F F F
How much inventory will be needed to support a project?
F F F F F F F F F
Question Details F
Accessibility : Keyboard Navigation Accessib
F F F F
ility : Screen Reader Compatible Bloom's : Un
F F F F F F F
derstand
Learning Objective : 01-F F F
01 Define the basic types of financial management decisions and the role of t Section : 1.1 Finance: A Quick
F F F F F F F F F F F F F F F F F F F F
Look
Topic : Financial management decisions Diffic
F F F F F
ulty : 2 Intermediate
F F F
AACSB : Reflective Thinking
F F F
Determining the number of shares of stock to issue is an example of a
F F F F F F F F F F F F F F decision.
7) F
Version 1 F 4