,Chapter 1 ii
Student name:_
ii ii
MULTIPLE iiCHOICE ii- iiChoose iithe iione iialternative iithat iibest iicompletes iithe iistatement iior
ianswers iithe ii question.
1) Generally, iiamong iithose iiwho iireport iidirectly iito iithe are iithe iitreasurer iiand
iitheicontroller iiof iia iicorporation.
A) board iiof iidirectors
B) chairperson iiof iithe iiboard
C) chief iiexecutive iiofficer
D) president
E) chief iifinancial iiofficer
2) A iitypical iichain iiof iicommand iiin iia iicorporation iiis iidescribed iiby iiwhich iione iiof iithe
ii followingistatements?
A) The iiinformation iisystems iimanager iireports iito iithe iitreasurer.
B) The iicredit iimanager iireports iito iithe iitreasurer.
C) The iicontroller iireports iito iithe iichief iiexecutive iiofficer.
D) The iitax iimanager iireports iito iithe iitreasurer.
E) The iicapital iiexpenditures iimanager iireports iito iithe iicontroller.
3) Answering iiwhich iione iiof iithe iifollowing iiquestions iiinvolves iimaking iia iicapital
iibudgetingidecision?
Version ii1 2
, A) How iimuch iidebt iishould iithe iifirm iiborrow iifrom iia iiparticular iilender?
B) Should iithe iifirm iibuild iia iinew iiproduction iifacility?
C) Should iithe iifirm iiissue iinew iiequity iito iipay iifor iiits iigrowth iigoals?
D) How iimuch iiinventory iishould iithe iifirm iikeep iion iihand?
E) How iimuch iicredit iishould iithe iifirm iiextend iito iia iiparticular iicustomer?
4) Which iione iiof iithe iifollowing iistatements iiis iiaccurate?
A) Net iiworking iicapital iiequals iicurrent iiassets iiplus iicurrent iiliabilities.
B) Current iiliabilities iiare iidebts iithat iimust iibe iirepaid iiin ii18 iimonths iior iiless.
C) Current iiassets iiare iiassets iiwith iishort iilives, iisuch iias iiaccounts iireceivable.
D) Long-term iidebt iiis iidefined iias iia iiresidual iiclaim iion iia iifirm’s iiassets.
E) Tangible iiassets iiare iifixed iiassets iisuch iias iipatents.
5) Among iithe iitypical iiresponsibilities iiof iithe iicorporate iicontroller iiis:
A) capital iiexpenditures iimanagement.
B) cash iimanagement.
C) tax iireporting.
D) financial iiplanning.
E) credit iimanagement.
6) ii is iitypically iithe iiresponsibility iiof iithe iicorporate iitreasurer.
A) Financial iiplanning
B) Cost iiaccounting
C) Tax iireporting
D) Information iisystems
E) Financial iiaccounting
7) A iifirm’s define(s) iiits iicapital iistructure.
Version ii1 3
, A) mixture iiof iivarious iitypes iiof iiproduction iiequipment
B) investment iiselections iifor iiits iiexcess iicash iireserves
C) combination iiof iicash iiand iicash iiequivalents
D) combination iiof iiaccounts iiappearing iion iithe iileft iiside iiof iiits iibalance iisheet
E) proportions iiof iifinancing iifrom iidebt iiand iiequity
8) The iifocus iiof iishort-term iifinance iiis iion:
A) the iitiming iiof iicash iiflows.
B) acquiring iiand iiselling iifixed iiassets.
C) financing iilong-term iiprojects.
D) capital iibudgeting.
E) issuing iiadditional iishares iiof iicommon iistock.
9) Net iiworking iicapital iiincludes:
A) copyrights.
B) manufacturing iiequipment.
C) common iistock.
D) long-term iidebt.
E) inventory.
10) ii is iidefined iias iiplanning iiand iimanaging iia iifirm’s iilong-term iiassets.
A) Working iicapital iimanagement
B) Cash iimanagement
C) Cost iiaccounting iimanagement
D) Capital iibudgeting
E) Capital iistructure iimanagement
11) An iiamount iithe iifirms iiowes, iiwhich iiit iimust iirepay iiwithin iitwelve iimonths, iiis iicalled iia(n):
Version ii1 4
Student name:_
ii ii
MULTIPLE iiCHOICE ii- iiChoose iithe iione iialternative iithat iibest iicompletes iithe iistatement iior
ianswers iithe ii question.
1) Generally, iiamong iithose iiwho iireport iidirectly iito iithe are iithe iitreasurer iiand
iitheicontroller iiof iia iicorporation.
A) board iiof iidirectors
B) chairperson iiof iithe iiboard
C) chief iiexecutive iiofficer
D) president
E) chief iifinancial iiofficer
2) A iitypical iichain iiof iicommand iiin iia iicorporation iiis iidescribed iiby iiwhich iione iiof iithe
ii followingistatements?
A) The iiinformation iisystems iimanager iireports iito iithe iitreasurer.
B) The iicredit iimanager iireports iito iithe iitreasurer.
C) The iicontroller iireports iito iithe iichief iiexecutive iiofficer.
D) The iitax iimanager iireports iito iithe iitreasurer.
E) The iicapital iiexpenditures iimanager iireports iito iithe iicontroller.
3) Answering iiwhich iione iiof iithe iifollowing iiquestions iiinvolves iimaking iia iicapital
iibudgetingidecision?
Version ii1 2
, A) How iimuch iidebt iishould iithe iifirm iiborrow iifrom iia iiparticular iilender?
B) Should iithe iifirm iibuild iia iinew iiproduction iifacility?
C) Should iithe iifirm iiissue iinew iiequity iito iipay iifor iiits iigrowth iigoals?
D) How iimuch iiinventory iishould iithe iifirm iikeep iion iihand?
E) How iimuch iicredit iishould iithe iifirm iiextend iito iia iiparticular iicustomer?
4) Which iione iiof iithe iifollowing iistatements iiis iiaccurate?
A) Net iiworking iicapital iiequals iicurrent iiassets iiplus iicurrent iiliabilities.
B) Current iiliabilities iiare iidebts iithat iimust iibe iirepaid iiin ii18 iimonths iior iiless.
C) Current iiassets iiare iiassets iiwith iishort iilives, iisuch iias iiaccounts iireceivable.
D) Long-term iidebt iiis iidefined iias iia iiresidual iiclaim iion iia iifirm’s iiassets.
E) Tangible iiassets iiare iifixed iiassets iisuch iias iipatents.
5) Among iithe iitypical iiresponsibilities iiof iithe iicorporate iicontroller iiis:
A) capital iiexpenditures iimanagement.
B) cash iimanagement.
C) tax iireporting.
D) financial iiplanning.
E) credit iimanagement.
6) ii is iitypically iithe iiresponsibility iiof iithe iicorporate iitreasurer.
A) Financial iiplanning
B) Cost iiaccounting
C) Tax iireporting
D) Information iisystems
E) Financial iiaccounting
7) A iifirm’s define(s) iiits iicapital iistructure.
Version ii1 3
, A) mixture iiof iivarious iitypes iiof iiproduction iiequipment
B) investment iiselections iifor iiits iiexcess iicash iireserves
C) combination iiof iicash iiand iicash iiequivalents
D) combination iiof iiaccounts iiappearing iion iithe iileft iiside iiof iiits iibalance iisheet
E) proportions iiof iifinancing iifrom iidebt iiand iiequity
8) The iifocus iiof iishort-term iifinance iiis iion:
A) the iitiming iiof iicash iiflows.
B) acquiring iiand iiselling iifixed iiassets.
C) financing iilong-term iiprojects.
D) capital iibudgeting.
E) issuing iiadditional iishares iiof iicommon iistock.
9) Net iiworking iicapital iiincludes:
A) copyrights.
B) manufacturing iiequipment.
C) common iistock.
D) long-term iidebt.
E) inventory.
10) ii is iidefined iias iiplanning iiand iimanaging iia iifirm’s iilong-term iiassets.
A) Working iicapital iimanagement
B) Cash iimanagement
C) Cost iiaccounting iimanagement
D) Capital iibudgeting
E) Capital iistructure iimanagement
11) An iiamount iithe iifirms iiowes, iiwhich iiit iimust iirepay iiwithin iitwelve iimonths, iiis iicalled iia(n):
Version ii1 4
