Test Bank
Corporate Finance
13th Edition by Stephen Ross and Westerfield,
Chapters 1 - 21, Complete
VersionQ 1
1
,ChapterQ1
StudentQname:_Q
MULTIPLEQCHOICEQ-
QChooseQtheQoneQalternativeQthatQbestQcompletesQtheQstatementQorQanswersQtheQquestion.
1) Generally,QamongQthoseQwhoQreportQdirectlyQtoQthe
areQtheQtreasurerQandQtheQcontrollerQofQaQcorporation.
A) boardQofQdirectors
B) chairpersonQofQtheQboard
C) chiefQexecutiveQofficer
D) president
E) chiefQfinancialQofficer
2) AQtypicalQchainQofQcommandQinQaQcorporationQisQdescribedQbyQwhichQoneQofQtheQfollo
wingQstatements?
A) TheQinformationQsystemsQmanagerQreportsQtoQtheQtreasurer.
B) TheQcreditQmanagerQreportsQtoQtheQtreasurer.
C) TheQcontrollerQreportsQtoQtheQchiefQexecutiveQofficer.
D) TheQtaxQmanagerQreportsQtoQtheQtreasurer.
E) TheQcapitalQexpendituresQmanagerQreportsQtoQtheQcontroller.
3) AnsweringQwhichQoneQofQtheQfollowingQquestionsQinvolvesQmakingQaQcapitalQbudgeti
ngQdecision?
VersionQ 2
1
, A) HowQmuchQdebtQshouldQtheQfirmQborrowQfromQaQparticularQlender?
B) ShouldQtheQfirmQbuildQaQnewQproductionQfacility?
C) ShouldQtheQfirmQissueQnewQequityQtoQpayQforQitsQgrowthQgoals?
D) HowQmuchQinventoryQshouldQtheQfirmQkeepQonQhand?
E) HowQmuchQcreditQshouldQtheQfirmQextendQtoQaQparticularQcustomer?
4) WhichQoneQofQtheQfollowingQstatementsQisQaccurate?
A) NetQworkingQcapitalQequalsQcurrentQassetsQplusQcurrentQliabilities.
B) CurrentQliabilitiesQareQdebtsQthatQmustQbeQrepaidQinQ18QmonthsQorQless.
C) CurrentQassetsQareQassetsQwithQshortQlives,QsuchQasQaccountsQreceivable.
D) Long-termQdebtQ isQdefinedQasQaQresidualQclaimQonQaQfirm’sQassets.
E) TangibleQassetsQareQfixedQassetsQsuchQasQpatents.
5) AmongQtheQtypicalQresponsibilitiesQofQtheQcorporateQcontrollerQis:
A) capitalQexpendituresQmanagement.
B) cashQmanagement.
C) taxQreporting.
D) financialQplanning.
E) creditQmanagement.
6) Q isQtypicallyQtheQresponsibilityQofQtheQcorporateQtreasurer.
A) FinancialQplanning
B) CostQaccounting
C) TaxQreporting
D) InformationQsystems
E) FinancialQaccounting
7) AQfirm’s define(s)QitsQcapitalQstructure.
VersionQ 3
1
, A) mixtureQofQvariousQtypesQofQproductionQequipment
B) investmentQselectionsQforQitsQexcessQcashQreserves
C) combinationQofQcashQandQcashQequivalents
D) combinationQofQaccountsQappearingQonQtheQleftQsideQofQitsQbalanceQsheet
E) proportionsQofQfinancingQfromQdebtQandQequity
8) TheQfocusQofQshort-termQfinanceQisQon:
A) theQtimingQofQcashQflows.
B) acquiringQandQsellingQfixedQassets.
C) financingQlong-termQprojects.
D) capitalQbudgeting.
E) issuingQadditionalQsharesQofQcommonQstock.
9) NetQworkingQcapitalQincludes:
A) copyrights.
B) manufacturingQequipment.
C) commonQstock.
D) long-termQdebt.
E) inventory.
10) Q isQdefinedQasQplanningQandQmanagingQaQfirm’sQlong-termQassets.
A) WorkingQcapitalQmanagement
B) CashQmanagement
C) CostQaccountingQmanagement
D) CapitalQbudgeting
E) CapitalQstructureQmanagement
11) AnQamountQtheQfirmsQowes,QwhichQitQmustQrepayQwithinQtwelveQmonths,QisQcalledQa(n):
VersionQ 4
1
Corporate Finance
13th Edition by Stephen Ross and Westerfield,
Chapters 1 - 21, Complete
VersionQ 1
1
,ChapterQ1
StudentQname:_Q
MULTIPLEQCHOICEQ-
QChooseQtheQoneQalternativeQthatQbestQcompletesQtheQstatementQorQanswersQtheQquestion.
1) Generally,QamongQthoseQwhoQreportQdirectlyQtoQthe
areQtheQtreasurerQandQtheQcontrollerQofQaQcorporation.
A) boardQofQdirectors
B) chairpersonQofQtheQboard
C) chiefQexecutiveQofficer
D) president
E) chiefQfinancialQofficer
2) AQtypicalQchainQofQcommandQinQaQcorporationQisQdescribedQbyQwhichQoneQofQtheQfollo
wingQstatements?
A) TheQinformationQsystemsQmanagerQreportsQtoQtheQtreasurer.
B) TheQcreditQmanagerQreportsQtoQtheQtreasurer.
C) TheQcontrollerQreportsQtoQtheQchiefQexecutiveQofficer.
D) TheQtaxQmanagerQreportsQtoQtheQtreasurer.
E) TheQcapitalQexpendituresQmanagerQreportsQtoQtheQcontroller.
3) AnsweringQwhichQoneQofQtheQfollowingQquestionsQinvolvesQmakingQaQcapitalQbudgeti
ngQdecision?
VersionQ 2
1
, A) HowQmuchQdebtQshouldQtheQfirmQborrowQfromQaQparticularQlender?
B) ShouldQtheQfirmQbuildQaQnewQproductionQfacility?
C) ShouldQtheQfirmQissueQnewQequityQtoQpayQforQitsQgrowthQgoals?
D) HowQmuchQinventoryQshouldQtheQfirmQkeepQonQhand?
E) HowQmuchQcreditQshouldQtheQfirmQextendQtoQaQparticularQcustomer?
4) WhichQoneQofQtheQfollowingQstatementsQisQaccurate?
A) NetQworkingQcapitalQequalsQcurrentQassetsQplusQcurrentQliabilities.
B) CurrentQliabilitiesQareQdebtsQthatQmustQbeQrepaidQinQ18QmonthsQorQless.
C) CurrentQassetsQareQassetsQwithQshortQlives,QsuchQasQaccountsQreceivable.
D) Long-termQdebtQ isQdefinedQasQaQresidualQclaimQonQaQfirm’sQassets.
E) TangibleQassetsQareQfixedQassetsQsuchQasQpatents.
5) AmongQtheQtypicalQresponsibilitiesQofQtheQcorporateQcontrollerQis:
A) capitalQexpendituresQmanagement.
B) cashQmanagement.
C) taxQreporting.
D) financialQplanning.
E) creditQmanagement.
6) Q isQtypicallyQtheQresponsibilityQofQtheQcorporateQtreasurer.
A) FinancialQplanning
B) CostQaccounting
C) TaxQreporting
D) InformationQsystems
E) FinancialQaccounting
7) AQfirm’s define(s)QitsQcapitalQstructure.
VersionQ 3
1
, A) mixtureQofQvariousQtypesQofQproductionQequipment
B) investmentQselectionsQforQitsQexcessQcashQreserves
C) combinationQofQcashQandQcashQequivalents
D) combinationQofQaccountsQappearingQonQtheQleftQsideQofQitsQbalanceQsheet
E) proportionsQofQfinancingQfromQdebtQandQequity
8) TheQfocusQofQshort-termQfinanceQisQon:
A) theQtimingQofQcashQflows.
B) acquiringQandQsellingQfixedQassets.
C) financingQlong-termQprojects.
D) capitalQbudgeting.
E) issuingQadditionalQsharesQofQcommonQstock.
9) NetQworkingQcapitalQincludes:
A) copyrights.
B) manufacturingQequipment.
C) commonQstock.
D) long-termQdebt.
E) inventory.
10) Q isQdefinedQasQplanningQandQmanagingQaQfirm’sQlong-termQassets.
A) WorkingQcapitalQmanagement
B) CashQmanagement
C) CostQaccountingQmanagement
D) CapitalQbudgeting
E) CapitalQstructureQmanagement
11) AnQamountQtheQfirmsQowes,QwhichQitQmustQrepayQwithinQtwelveQmonths,QisQcalledQa(n):
VersionQ 4
1
