FINANCE 320 EXAM 1 UPDATED
QUESTIONS & ANSWERS PASSED
ALREADY GRADED A+
Cycle of Money - Correct Answer ✔✔ The movement of money from lender to borrower
and back again.
Financial Intermediary - Correct Answer ✔✔ An institution that acts as a "middleman"
between the borrowers and lenders.
Corporate Finance - Correct Answer ✔✔ Financial activities that support the operations
of a corporation or business.
Investments - Correct Answer ✔✔ Activities such as buying and selling of assets.
Real Assets - Correct Answer ✔✔ Physical assets such as property and equipment or
commodities such as corn or oil.
Financial Assets - Correct Answer ✔✔ Intangible assets such as stocks and bonds.
Financial Institutions and Markets - Correct Answer ✔✔ The organized financial
intermediaries and the forums that promote the cycle of money.
International Finance - Correct Answer ✔✔ Concerned with the addition of a
multinational element to the finance activities.
Equity Markets - Correct Answer ✔✔ Where stocks are bought and sold.
Debt Markets - Correct Answer ✔✔ Where bonds are bought and sold.
Derivatives Markets - Correct Answer ✔✔ Where future contracts on commodities are
bought and sold or where options on equities, futures or currencies are bought and sold.
Foreign Exchange - Correct Answer ✔✔ Where currencies are bought and sold.
Sole Proprietorship - Correct Answer ✔✔ Business that is owned entirely by an
individual
Partnership - Correct Answer ✔✔ Business owned by two or more people.
Corporation - Correct Answer ✔✔ Business form in which the company is a legal,
separate entity from the owners and can enter into contracts, can sue, and pays taxes.
QUESTIONS & ANSWERS PASSED
ALREADY GRADED A+
Cycle of Money - Correct Answer ✔✔ The movement of money from lender to borrower
and back again.
Financial Intermediary - Correct Answer ✔✔ An institution that acts as a "middleman"
between the borrowers and lenders.
Corporate Finance - Correct Answer ✔✔ Financial activities that support the operations
of a corporation or business.
Investments - Correct Answer ✔✔ Activities such as buying and selling of assets.
Real Assets - Correct Answer ✔✔ Physical assets such as property and equipment or
commodities such as corn or oil.
Financial Assets - Correct Answer ✔✔ Intangible assets such as stocks and bonds.
Financial Institutions and Markets - Correct Answer ✔✔ The organized financial
intermediaries and the forums that promote the cycle of money.
International Finance - Correct Answer ✔✔ Concerned with the addition of a
multinational element to the finance activities.
Equity Markets - Correct Answer ✔✔ Where stocks are bought and sold.
Debt Markets - Correct Answer ✔✔ Where bonds are bought and sold.
Derivatives Markets - Correct Answer ✔✔ Where future contracts on commodities are
bought and sold or where options on equities, futures or currencies are bought and sold.
Foreign Exchange - Correct Answer ✔✔ Where currencies are bought and sold.
Sole Proprietorship - Correct Answer ✔✔ Business that is owned entirely by an
individual
Partnership - Correct Answer ✔✔ Business owned by two or more people.
Corporation - Correct Answer ✔✔ Business form in which the company is a legal,
separate entity from the owners and can enter into contracts, can sue, and pays taxes.
