1
Business Finance exam
chapters 1-6
1. Every person is involved in finance - -Correct Answer--✔️True
2. As more people desire a certain investment, its value will likely
decrease - -Correct Answer--✔️False
3. It is never advisable to create a financial plan on your own; always
hire a professional financial planner to help you with this task. - -
Correct Answer--✔️False
4. you should review your personal financial plan at least once a year,
and perhaps more often based on your personal situation - -
Correct Answer--✔️True
5. a savings and loan association is a user-owned, non-for-profit,
cooperative financial institution - -Correct Answer--✔️False
6. Source of funds refers to the inflow of cash to a company; use
funds refers to the outflows of money by a company - -Correct
Answer--✔️True
7. Government plays a significant role in every economic system - -
Correct Answer--✔️True
1
Business Finance exam
chapters 1-6
1. Every person is involved in finance - -Correct Answer--✔️True
2. As more people desire a certain investment, its value will likely
decrease - -Correct Answer--✔️False
3. It is never advisable to create a financial plan on your own; always
hire a professional financial planner to help you with this task. - -
Correct Answer--✔️False
4. you should review your personal financial plan at least once a year,
and perhaps more often based on your personal situation - -
Correct Answer--✔️True
5. a savings and loan association is a user-owned, non-for-profit,
cooperative financial institution - -Correct Answer--✔️False
6. Source of funds refers to the inflow of cash to a company; use
funds refers to the outflows of money by a company - -Correct
Answer--✔️True
7. Government plays a significant role in every economic system - -
Correct Answer--✔️True
1
