Test bank for fundamentals of corporate finance 13th edition by stephen ross randolph westerfield bradford jordan

TESTgBANKgFOR
FundamentalsgofgCorporategFinance,g13thgEditiongRoss

gChapterg1-

27gAnswersgaregatgthegendgofgEachgchaptergChapterg1



Studentgname:g
1) Thegcontroller,grathergthangthegtreasurer,gisgtypicallygresponsiblegforgwhichgon
egofgthegfollowinggfunctions?

1)gg


A) Depositinggcashgreceipts
B) Processinggcostgreports
C) Analyzinggequipmentgpurchases
D) Approvinggcreditgforgagcustomer
E) Payinggagvendor



QuestiongDetails
Accessibilityg:gKeyboardgNavigationgA
ccessibilityg:gScreengReadergCompatibl
egDifficultyg:g1gBasic
LearninggObjectiveg:g01-
01gDefinegthegbasicgtypesgofgfinancialgmanagementgdecisionsgandgthegrolegofgtgSectiong:g1.1g
Finance:gAgQuickgLook
Topicg:gManagementgorganizationgandgr
olesgAACSBg:gReflectivegThinking
Bloom'sg:gRemember




2) Usually,gthegtreasurergofgagcorporationgreportsgdirectlygtogthe:

2)gg




Versiong 1
1

, A) boardgofgdirectors.
B) chairgofgthegboard.
C) chiefgexecutivegofficer.
D) president.
E) vicegpresidentgofgfinance.



QuestiongDetails
Accessibilityg:gKeyboardgNavigationgA
ccessibilityg:gScreengReadergCompatibl
egDifficultyg:g1gBasic
LearninggObjectiveg:g01-
01gDefinegthegbasicgtypesgofgfinancialgmanagementgdecisionsgandgthegrolegofgtgSectiong:g1.1g
Finance:gAgQuickgLook
Topicg:gManagementgorganizationgandgr
olesgAACSBg:gReflectivegThinking
Bloom'sg:gRemember




3) Ingagtypicalgcorporategorganizationalgstructure:

3)gg


A) thegvicegpresidentgofgfinancegreportsgtogthegchairgofgthegboard.
B) thegchiefgexecutivegofficergreportsgtogthegpresident.
C) thegcontrollergreportsgtogthegchiefgfinancialgofficer.
D) thegtreasurergreportsgtogthegpresident.
E) thegchiefgoperationsgofficergreportsgtogthegvicegpresidentgofgproduction.



QuestiongDetails
Accessibilityg:gKeyboardgNavigationgA
ccessibilityg:gScreengReadergCompatibl
egDifficultyg:g1gBasic
LearninggObjectiveg:g01-
01gDefinegthegbasicgtypesgofgfinancialgmanagementgdecisionsgandgthegrolegofgtgSectiong:g1.1g
Finance:gAgQuickgLook
Topicg:gManagementgorganizationgandgr
olesgAACSBg:gReflectivegThinking
Bloom'sg:gRemember




Versiong 2
1

,4) Whichgonegofgthegfollowinggquestionsginvolvesgagcapitalgbudgetinggdecision?

4)gg


A) Howgmanygsharesgofgstockgshouldgthegfirmgissue?
B) Shouldgthegfirmgpurchasegagnewgmachinegforgthegproductiongline?
C) Shouldgthegfirmgborrowgmoneygtogacquiregnewgequipment?
D) Howgmuchginventorygshouldgthegfirmgkeepgonghand?
E) Howgmuchgmoneygshouldgbegkeptgingthegcheckinggaccount?



QuestiongDetails
Accessibilityg:gKeyboardgNavigationgA
ccessibilityg:gScreengReadergCompatibl
egBloom'sg:gUnderstand
LearninggObjectiveg:g01-
01gDefinegthegbasicgtypesgofgfinancialgmanagementgdecisionsgandgthegrolegofgtgSectiong:g1.1g
Finance:gAgQuickgLook
Topicg:gFinancialgmanagementgdecisi
onsgDifficultyg:g2gIntermediate
AACSBg:gReflectivegThinking




5) Whengevaluatinggthegtiminggofgagproject’sgprojectedgcashgflows,gagfinancialgma
nagergisganalyzing:
5)gg


A) thegamountgofgeachgexpectedgcashgflow.
B) onlygthegstart-upgcostsgthatgaregexpectedgtogrequiregcashgresources.
C) onlygthegdategofgthegfinalgcashgflowgrelatedgtogthegproject.
D) thegamountgbygwhichgcashgreceiptsgaregexpectedgtogexceedgcashgoutflows.
E) whengeachgcashgflowgisgexpectedgtogoccur.




Versiong 3
1

, QuestiongDetails
Accessibilityg:gKeyboardgNavigationgA
ccessibilityg:gScreengReadergCompatibl
egBloom'sg:gUnderstand
LearninggObjectiveg:g01-
01gDefinegthegbasicgtypesgofgfinancialgmanagementgdecisionsgandgthegrolegofgtgSectiong:g1.1g
Finance:gAgQuickgLook
Topicg:gFinancialgmanagementgdecisi
onsgDifficultyg:g2gIntermediate
AACSBg:gReflectivegThinking




6) Whichgonegofgthegfollowinggquestionsginvolvesgagcapitalgstructuregdecision?

6)gg


A) Whichgonegofgtwogprojectgproposalsgshouldgthegfirmgimplement?
B) Howgshouldgthegfirmgallocategitsglimitedgavailablegfundsgamonggacceptablegproject
s?
C) Howgmuchgfundinggshouldgbegallocatedgtogfinancinggcustomergpurchasesgof
gagnewgproduct?
D) Howgmuchgdebtgshouldgthegfirmgincurgtogfundgagproject?
E) Howgmuchginventorygwillgbegneededgtogsupportgagproject?



QuestiongDetails
Accessibilityg:gKeyboardgNavigationgA
ccessibilityg:gScreengReadergCompatibl
egBloom'sg:gUnderstand
LearninggObjectiveg:g01-
01gDefinegthegbasicgtypesgofgfinancialgmanagementgdecisionsgandgthegrolegofgtgSectiong:g1.1g
Finance:gAgQuickgLook
Topicg:gFinancialgmanagementgdecisi
onsgDifficultyg:g2gIntermediate
AACSBg:gReflectivegThinking




7) Determininggthegnumbergofgsharesgofgstockgtogissuegisgangexamplegofga decision.

7)gg



Versiong 4
1