Test,Bank,for,Corporate,Finance,
13th,Edition,By,Stephen,Ross,,Randolph,Westerfield,,Ch
apters,1,-,21,,Complete
Version,1 1
,Chapter,1
Student,name:_,
MULTIPLE,CHOICE,-
,Choose,the,one,alternative,that,best,completes,the,statement,or,answers,the,question.
1) Generally,,among,those,who,report,directly,to,the
are,the,treasurer,and,the,controller,of,a,corporation.
A) board,of,directors
B) chairperson,of,the,board
C) chief,executive,officer
D) president
E) chief,financial,officer
2) A,typical,chain,of,command,in,a,corporation,is,described,by,which,one,of,the,following,
statements?
A) The,information,systems,manager,reports,to,the,treasurer.
B) The,credit,manager,reports,to,the,treasurer.
C) The,controller,reports,to,the,chief,executive,officer.
D) The,tax,manager,reports,to,the,treasurer.
E) The,capital,expenditures,manager,reports,to,the,controller.
3) Answering,which,one,of,the,following,questions,involves,making,a,capital,budgeting,
decision?
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, A) How,much,debt,should,the,firm,borrow,from,a,particular,lender?
B) Should,the,firm,build,a,new,production,facility?
C) Should,the,firm,issue,new,equity,to,pay,for,its,growth,goals?
D) How,much,inventory,should,the,firm,keep,on,hand?
E) How,much,credit,should,the,firm,extend,to,a,particular,customer?
4) Which,one,of,the,following,statements,is,accurate?
A) Net,working,capital,equals,current,assets,plus,current,liabilities.
B) Current,liabilities,are,debts,that,must,be,repaid,in,18,months,or,less.
C) Current,assets,are,assets,with,short,lives,,such,as,accounts,receivable.
D) Long-term,debt,is,defined,as,a,residual,claim,on,a,firm’s,assets.
E) Tangible,assets,are,fixed,assets,such,as,patents.
5) Among,the,typical,responsibilities,of,the,corporate,controller,is:
A) capital,expenditures,management.
B) cash,management.
C) tax,reporting.
D) financial,planning.
E) credit,management.
6) , is,typically,the,responsibility,of,the,corporate,treasurer.
A) Financial,planning
B) Cost,accounting
C) Tax,reporting
D) Information,systems
E) Financial,accounting
7) A,firm’s define(s),its,capital,structure.
Version,1 3
, A) mixture,of,various,types,of,production,equipment
B) investment,selections,for,its,excess,cash,reserves
C) combination,of,cash,and,cash,equivalents
D) combination,of,accounts,appearing,on,the,left,side,of,its,balance,sheet
E) proportions,of,financing,from,debt,and,equity
8) The,focus,of,short-term,finance,is,on:
A) the,timing,of,cash,flows.
B) acquiring,and,selling,fixed,assets.
C) financing,long-term,projects.
D) capital,budgeting.
E) issuing,additional,shares,of,common,stock.
9) Net,working,capital,includes:
A) copyrights.
B) manufacturing,equipment.
C) common,stock.
D) long-term,debt.
E) inventory.
10) , is,defined,as,planning,and,managing,a,firm’s,long-term,assets.
A) Working,capital,management
B) Cash,management
C) Cost,accounting,management
D) Capital,budgeting
E) Capital,structure,management
11) An,amount,the,firms,owes,,which,it,must,repay,within,twelve,months,,is,called,a(n):
Version,1 4
13th,Edition,By,Stephen,Ross,,Randolph,Westerfield,,Ch
apters,1,-,21,,Complete
Version,1 1
,Chapter,1
Student,name:_,
MULTIPLE,CHOICE,-
,Choose,the,one,alternative,that,best,completes,the,statement,or,answers,the,question.
1) Generally,,among,those,who,report,directly,to,the
are,the,treasurer,and,the,controller,of,a,corporation.
A) board,of,directors
B) chairperson,of,the,board
C) chief,executive,officer
D) president
E) chief,financial,officer
2) A,typical,chain,of,command,in,a,corporation,is,described,by,which,one,of,the,following,
statements?
A) The,information,systems,manager,reports,to,the,treasurer.
B) The,credit,manager,reports,to,the,treasurer.
C) The,controller,reports,to,the,chief,executive,officer.
D) The,tax,manager,reports,to,the,treasurer.
E) The,capital,expenditures,manager,reports,to,the,controller.
3) Answering,which,one,of,the,following,questions,involves,making,a,capital,budgeting,
decision?
Version,1 2
, A) How,much,debt,should,the,firm,borrow,from,a,particular,lender?
B) Should,the,firm,build,a,new,production,facility?
C) Should,the,firm,issue,new,equity,to,pay,for,its,growth,goals?
D) How,much,inventory,should,the,firm,keep,on,hand?
E) How,much,credit,should,the,firm,extend,to,a,particular,customer?
4) Which,one,of,the,following,statements,is,accurate?
A) Net,working,capital,equals,current,assets,plus,current,liabilities.
B) Current,liabilities,are,debts,that,must,be,repaid,in,18,months,or,less.
C) Current,assets,are,assets,with,short,lives,,such,as,accounts,receivable.
D) Long-term,debt,is,defined,as,a,residual,claim,on,a,firm’s,assets.
E) Tangible,assets,are,fixed,assets,such,as,patents.
5) Among,the,typical,responsibilities,of,the,corporate,controller,is:
A) capital,expenditures,management.
B) cash,management.
C) tax,reporting.
D) financial,planning.
E) credit,management.
6) , is,typically,the,responsibility,of,the,corporate,treasurer.
A) Financial,planning
B) Cost,accounting
C) Tax,reporting
D) Information,systems
E) Financial,accounting
7) A,firm’s define(s),its,capital,structure.
Version,1 3
, A) mixture,of,various,types,of,production,equipment
B) investment,selections,for,its,excess,cash,reserves
C) combination,of,cash,and,cash,equivalents
D) combination,of,accounts,appearing,on,the,left,side,of,its,balance,sheet
E) proportions,of,financing,from,debt,and,equity
8) The,focus,of,short-term,finance,is,on:
A) the,timing,of,cash,flows.
B) acquiring,and,selling,fixed,assets.
C) financing,long-term,projects.
D) capital,budgeting.
E) issuing,additional,shares,of,common,stock.
9) Net,working,capital,includes:
A) copyrights.
B) manufacturing,equipment.
C) common,stock.
D) long-term,debt.
E) inventory.
10) , is,defined,as,planning,and,managing,a,firm’s,long-term,assets.
A) Working,capital,management
B) Cash,management
C) Cost,accounting,management
D) Capital,budgeting
E) Capital,structure,management
11) An,amount,the,firms,owes,,which,it,must,repay,within,twelve,months,,is,called,a(n):
Version,1 4
