Test Bank for Corporate Finance
13th Edition By Stephen Ross, Randolph Westerfield,
Chapters 1 - 21, Complete
Version 1
qs1
,Chapter qs1
Student qsname:_ qs
MULTIPLE qsCHOICE qs- qsChoose qsthe qsone qsalternative qsthat qsbest qscompletes qsthe qsstatement
qsorqsanswers qsthe qsquestion.
1) Generally, qsamong qsthose qswho qsreport qsdirectly qsto qsthe are qsthe qstreasurer qsand
qstheqc
s ontroller qsof qsa qscorporation.
A) board qsof qsdirectors
B) chairperson qsof qsthe qsboard
C) chief qsexecutive qsofficer
D) president
E) chief qsfinancial qsofficer
2) A qstypical qschain qsof qscommand qsin qsa qscorporation qsis qsdescribed qsby qswhich qsone qsof qsthe
qs followingqsstatements?
A) The qsinformation qssystems qsmanager qsreports qsto qsthe qstreasurer.
B) The qscredit qsmanager qsreports qsto qsthe qstreasurer.
C) The qscontroller qsreports qsto qsthe qschief qsexecutive qsofficer.
D) The qstax qsmanager qsreports qsto qsthe qstreasurer.
E) The qscapital qsexpenditures qsmanager qsreports qsto qsthe qscontroller.
3) Answering qswhich qsone qsof qsthe qsfollowing qsquestions qsinvolves qsmaking qsa qscapital
qsbudgetingqd
s ecision?
Version 2
qs1
, A) How qsmuch qsdebt qsshould qsthe qsfirm qsborrow qsfrom qsa qsparticular qslender?
B) Should qsthe qsfirm qsbuild qsa qsnew qsproduction qsfacility?
C) Should qsthe qsfirm qsissue qsnew qsequity qsto qspay qsfor qsits qsgrowth qsgoals?
D) How qsmuch qsinventory qsshould qsthe qsfirm qskeep qson qshand?
E) How qsmuch qscredit qsshould qsthe qsfirm qsextend qsto qsa qsparticular qscustomer?
4) Which qsone qsof qsthe qsfollowing qsstatements qsis qsaccurate?
A) Net qsworking qscapital qsequals qscurrent qsassets qsplus qscurrent qsliabilities.
B) Current qsliabilities qsare qsdebts qsthat qsmust qsbe qsrepaid qsin qs18 qsmonths qsor qsless.
C) Current qsassets qsare qsassets qswith qsshort qslives, qssuch qsas qsaccounts qsreceivable.
D) Long-term qsdebt qsis qsdefined qsas qsa qsresidual qsclaim qson qsa qsfirm’s qsassets.
E) Tangible qsassets qsare qsfixed qsassets qssuch qsas qspatents.
5) Among qsthe qstypical qsresponsibilities qsof qsthe qscorporate qscontroller qsis:
A) capital qsexpenditures qsmanagement.
B) cash qsmanagement.
C) tax qsreporting.
D) financial qsplanning.
E) credit qsmanagement.
6) qs is qstypically qsthe qsresponsibility qsof qsthe qscorporate qstreasurer.
A) Financial qsplanning
B) Cost qsaccounting
C) Tax qsreporting
D) Information qssystems
E) Financial qsaccounting
7) A qsfirm’s define(s) qsits qscapital qsstructure.
Version 3
qs1
, A) mixture qsof qsvarious qstypes qsof qsproduction qsequipment
B) investment qsselections qsfor qsits qsexcess qscash qsreserves
C) combination qsof qscash qsand qscash qsequivalents
D) combination qsof qsaccounts qsappearing qson qsthe qsleft qsside qsof qsits qsbalance qssheet
E) proportions qsof qsfinancing qsfrom qsdebt qsand qsequity
8) The qsfocus qsof qsshort-term qsfinance qsis qson:
A) the qstiming qsof qscash qsflows.
B) acquiring qsand qsselling qsfixed qsassets.
C) financing qslong-term qsprojects.
D) capital qsbudgeting.
E) issuing qsadditional qsshares qsof qscommon qsstock.
9) Net qsworking qscapital qsincludes:
A) copyrights.
B) manufacturing qsequipment.
C) common qsstock.
D) long-term qsdebt.
E) inventory.
10) qs is qsdefined qsas qsplanning qsand qsmanaging qsa qsfirm’s qslong-term qsassets.
A) Working qscapital qsmanagement
B) Cash qsmanagement
C) Cost qsaccounting qsmanagement
D) Capital qsbudgeting
E) Capital qsstructure qsmanagement
11) An qsamount qsthe qsfirms qsowes, qswhich qsit qsmust qsrepay qswithin qstwelve qsmonths, qsis qscalled
qsa(n):
Version 4
qs1
13th Edition By Stephen Ross, Randolph Westerfield,
Chapters 1 - 21, Complete
Version 1
qs1
,Chapter qs1
Student qsname:_ qs
MULTIPLE qsCHOICE qs- qsChoose qsthe qsone qsalternative qsthat qsbest qscompletes qsthe qsstatement
qsorqsanswers qsthe qsquestion.
1) Generally, qsamong qsthose qswho qsreport qsdirectly qsto qsthe are qsthe qstreasurer qsand
qstheqc
s ontroller qsof qsa qscorporation.
A) board qsof qsdirectors
B) chairperson qsof qsthe qsboard
C) chief qsexecutive qsofficer
D) president
E) chief qsfinancial qsofficer
2) A qstypical qschain qsof qscommand qsin qsa qscorporation qsis qsdescribed qsby qswhich qsone qsof qsthe
qs followingqsstatements?
A) The qsinformation qssystems qsmanager qsreports qsto qsthe qstreasurer.
B) The qscredit qsmanager qsreports qsto qsthe qstreasurer.
C) The qscontroller qsreports qsto qsthe qschief qsexecutive qsofficer.
D) The qstax qsmanager qsreports qsto qsthe qstreasurer.
E) The qscapital qsexpenditures qsmanager qsreports qsto qsthe qscontroller.
3) Answering qswhich qsone qsof qsthe qsfollowing qsquestions qsinvolves qsmaking qsa qscapital
qsbudgetingqd
s ecision?
Version 2
qs1
, A) How qsmuch qsdebt qsshould qsthe qsfirm qsborrow qsfrom qsa qsparticular qslender?
B) Should qsthe qsfirm qsbuild qsa qsnew qsproduction qsfacility?
C) Should qsthe qsfirm qsissue qsnew qsequity qsto qspay qsfor qsits qsgrowth qsgoals?
D) How qsmuch qsinventory qsshould qsthe qsfirm qskeep qson qshand?
E) How qsmuch qscredit qsshould qsthe qsfirm qsextend qsto qsa qsparticular qscustomer?
4) Which qsone qsof qsthe qsfollowing qsstatements qsis qsaccurate?
A) Net qsworking qscapital qsequals qscurrent qsassets qsplus qscurrent qsliabilities.
B) Current qsliabilities qsare qsdebts qsthat qsmust qsbe qsrepaid qsin qs18 qsmonths qsor qsless.
C) Current qsassets qsare qsassets qswith qsshort qslives, qssuch qsas qsaccounts qsreceivable.
D) Long-term qsdebt qsis qsdefined qsas qsa qsresidual qsclaim qson qsa qsfirm’s qsassets.
E) Tangible qsassets qsare qsfixed qsassets qssuch qsas qspatents.
5) Among qsthe qstypical qsresponsibilities qsof qsthe qscorporate qscontroller qsis:
A) capital qsexpenditures qsmanagement.
B) cash qsmanagement.
C) tax qsreporting.
D) financial qsplanning.
E) credit qsmanagement.
6) qs is qstypically qsthe qsresponsibility qsof qsthe qscorporate qstreasurer.
A) Financial qsplanning
B) Cost qsaccounting
C) Tax qsreporting
D) Information qssystems
E) Financial qsaccounting
7) A qsfirm’s define(s) qsits qscapital qsstructure.
Version 3
qs1
, A) mixture qsof qsvarious qstypes qsof qsproduction qsequipment
B) investment qsselections qsfor qsits qsexcess qscash qsreserves
C) combination qsof qscash qsand qscash qsequivalents
D) combination qsof qsaccounts qsappearing qson qsthe qsleft qsside qsof qsits qsbalance qssheet
E) proportions qsof qsfinancing qsfrom qsdebt qsand qsequity
8) The qsfocus qsof qsshort-term qsfinance qsis qson:
A) the qstiming qsof qscash qsflows.
B) acquiring qsand qsselling qsfixed qsassets.
C) financing qslong-term qsprojects.
D) capital qsbudgeting.
E) issuing qsadditional qsshares qsof qscommon qsstock.
9) Net qsworking qscapital qsincludes:
A) copyrights.
B) manufacturing qsequipment.
C) common qsstock.
D) long-term qsdebt.
E) inventory.
10) qs is qsdefined qsas qsplanning qsand qsmanaging qsa qsfirm’s qslong-term qsassets.
A) Working qscapital qsmanagement
B) Cash qsmanagement
C) Cost qsaccounting qsmanagement
D) Capital qsbudgeting
E) Capital qsstructure qsmanagement
11) An qsamount qsthe qsfirms qsowes, qswhich qsit qsmust qsrepay qswithin qstwelve qsmonths, qsis qscalled
qsa(n):
Version 4
qs1
