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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS

1. What is the primary goal of financial management?

A) Increased earnings

B) Maximizing cash flow

C) Maximizing shareholder wealth

D) Minimizing risk of the firm

2. The partnership form of organization

A) avoids the double taxation of earnings and dividends found in the corporate form of

organization.

B) usually provides limited liability to the partners.

C) has unlimited life.

D) simplifies decision making.

3. Increased productivity due to tech...
ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
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ago
ECON 102 QUIZ 1 QUESTIONS AND ANSWERS

1. What is the primary goal of financial management?

A) Increased earnings

B) Maximizing cash flow

C) Maximizing shareholder wealth

D) Minimizing risk of the firm

2. The partnership form of organization

A) avoids the double taxation of earnings and dividends found in the corporate form of

organization.

B) usually provides limited liability to the partners.

C) has unlimited life.

D) simplifies decision making.

3. Increased productivity due to tech...
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