Econ 102 quiz 3 questions and answers Study guides, Class notes & Summaries
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2021
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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 technology has ...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS
- Exam (elaborations) • 9 pages • 2021
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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 techn...
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS
- Exam (elaborations) • 13 pages • 2021
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ECON 102 QUIZ 2 QUESTIONS AND ANSWERS 
25. When using the economic order quantity model 
A) ordering costs increase as the level of inventory increases. 
B) carrying costs decrease as the level of inventory increases. 
C) costs are minimized when total carrying costs and total ordering costs are 
equal. 
D) none of the above 
Difficulty: Medium Type: Conceptual 
26. Hedging 
A) is a way to protect your accounts receivable position. 
B) increases risk. 
C) is a legal agreement to buy or se...
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ECON 102 QUIZ 1 QUESTIONS AND ANSWERS | LATEST ANSWERS
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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. In...