TESTBANKFOR
Fundamentals of Corporate Finance, 5th Edition by Robert Parrino,
David Kidwell, Bates & Gillan. ISBN 9781119795438
Chapter 1-21
1
,2
,Chapter 1 The Financial Manager and the Firm
1) Thefinancial manager is responsible for making decisions
that are in the best interests of the firm's owners.
Answer:
TRUE Diff: 1
Learning Objective:
LO 1 Bloomcode:
Knowledge AACSB:
Analytic
IMA: FSA
AICPA: Process and Resource Management Perspectives
2) Apatent is a productive asset for a
technology-based firm. Answer: TRUE
Diff: 1
Learning Objective:
LO 1 Bloomcode:
Knowledge AACSB:
Analytic
IMA: Business Economics
AICPA: Global and Industry Perspectives
3) Intangible
assets generate most of a
manufacturing firm's cash flows. Answer:
FALSE
Diff: 2
Learning Objective:
LO 1 Bloomcode:
Application AACSB:
Analytic
IMA: Corporate Finance
3
, AICPA: Process and Resource Management Perspectives
4) The most fundamental way a business can grow in size is by
reinvesting cash flows or earnings. Answer: TRUE
Diff: 1
Learning Objective:
LO 1 Bloomcode:
Knowledge AACSB:
Analytic
IMA: FSA
AICPA: Process and Resource Management Perspectives
4
Fundamentals of Corporate Finance, 5th Edition by Robert Parrino,
David Kidwell, Bates & Gillan. ISBN 9781119795438
Chapter 1-21
1
,2
,Chapter 1 The Financial Manager and the Firm
1) Thefinancial manager is responsible for making decisions
that are in the best interests of the firm's owners.
Answer:
TRUE Diff: 1
Learning Objective:
LO 1 Bloomcode:
Knowledge AACSB:
Analytic
IMA: FSA
AICPA: Process and Resource Management Perspectives
2) Apatent is a productive asset for a
technology-based firm. Answer: TRUE
Diff: 1
Learning Objective:
LO 1 Bloomcode:
Knowledge AACSB:
Analytic
IMA: Business Economics
AICPA: Global and Industry Perspectives
3) Intangible
assets generate most of a
manufacturing firm's cash flows. Answer:
FALSE
Diff: 2
Learning Objective:
LO 1 Bloomcode:
Application AACSB:
Analytic
IMA: Corporate Finance
3
, AICPA: Process and Resource Management Perspectives
4) The most fundamental way a business can grow in size is by
reinvesting cash flows or earnings. Answer: TRUE
Diff: 1
Learning Objective:
LO 1 Bloomcode:
Knowledge AACSB:
Analytic
IMA: FSA
AICPA: Process and Resource Management Perspectives
4
