Test Bank for Corporate Finance
13th Edition By Stephen Ross, Randolph
Westerfield, Chapters 1 - 21, Complete
Versionwq 1
1
,Chapterwq1
Studentwqname:_wq
MULTIPLEwqCHOICEwq-
wqChoosewqthewqonewqalternativewqthatwqbestwqcompleteswqthewqstatementwqorwqanswerswqthewqquesti
on.
1) Generally,wqamongwqthosewqwhowqreportwqdirectlywqtowqthe
arewqthewqtreasurerwqandwqthewqcontrollerwqofwqawqcorporation.
A) boardwqofwqdirectors
B) chairpersonwqofwqthewqboard
C) chiefwqexecutivewqofficer
D) president
E) chiefwqfinancialwqofficer
2) Awqtypicalwqchainwqofwqcommandwqinwqawqcorporationwqiswqdescribedwqbywqwhichwqonewqofwqt
hewqfollowingwqstatements?
A) Thewqinformationwqsystemswqmanagerwqreportswqtowqthewqtreasurer.
B) Thewqcreditwqmanagerwqreportswqtowqthewqtreasurer.
C) Thewqcontrollerwqreportswqtowqthewqchiefwqexecutivewqofficer.
D) Thewqtaxwqmanagerwqreportswqtowqthewqtreasurer.
E) Thewqcapitalwqexpenditureswqmanagerwqreportswqtowqthewqcontroller.
3) Answeringwqwhichwqonewqofwqthewqfollowingwqquestionswqinvolveswqmakingwqawqcapitalwq
budgetingwqdecision?
Versionwq 2
1
, A) Howwqmuchwqdebtwqshouldwqthewqfirmwqborrowwqfromwqawqparticularwqlender?
B) Shouldwqthewqfirmwqbuildwqawqnewwqproductionwqfacility?
C) Shouldwqthewqfirmwqissuewqnewwqequitywqtowqpaywqforwqitswqgrowthwqgoals?
D) Howwqmuchwqinventorywqshouldwqthewqfirmwqkeepwqonwqhand?
E) Howwqmuchwqcreditwqshouldwqthewqfirmwqextendwqtowqawqparticularwqcustomer?
4) Whichwqonewqofwqthewqfollowingwqstatementswqiswqaccurate?
A) Netwqworkingwqcapitalwqequalswqcurrentwqassetswqpluswqcurrentwqliabilities.
B) Currentwqliabilitieswqarewqdebtswqthatwqmustwqbewqrepaidwqinwq18wqmonthswqorwqless.
C) Currentwqassetswqarewqassetswqwithwqshortwqlives,wqsuchwqaswqaccountswqreceivable.
D) Long-termwqdebtwqiswqdefinedwqaswqawqresidualwqclaimwqonwqawqfirm’swqassets.
E) Tangiblewqassetswqarewqfixedwqassetswqsuchwqaswqpatents.
5) Amongwqthewqtypicalwqresponsibilitieswqofwqthewqcorporatewqcontrollerwqis:
A) capitalwqexpenditureswqmanagement.
B) cashwqmanagement.
C) taxwqreporting.
D) financialwqplanning.
E) creditwqmanagement.
6) wq iswqtypicallywqthewqresponsibilitywqofwqthewqcorporatewqtreasurer.
A) Financialwqplanning
B) Costwqaccounting
C) Taxwqreporting
D) Informationwqsystems
E) Financialwqaccounting
7) Awqfirm’s define(s)wqitswqcapitalwqstructure.
Versionwq 3
1
, A) mixturewqofwqvariouswqtypeswqofwqproductionwqequipment
B) investmentwqselectionswqforwqitswqexcesswqcashwqreserves
C) combinationwqofwqcashwqandwqcashwqequivalents
D) combinationwqofwqaccountswqappearingwqonwqthewqleftwqsidewqofwqitswqbalancewqsheet
E) proportionswqofwqfinancingwqfromwqdebtwqandwqequity
8) Thewqfocuswqofwqshort-termwqfinancewqiswqon:
A) thewqtimingwqofwqcashwqflows.
B) acquiringwqandwqsellingwqfixedwqassets.
C) financingwqlong-termwqprojects.
D) capitalwqbudgeting.
E) issuingwqadditionalwqshareswqofwqcommonwqstock.
9) Netwqworkingwqcapitalwqincludes:
A) copyrights.
B) manufacturingwqequipment.
C) commonwqstock.
D) long-termwqdebt.
E) inventory.
10) wq iswqdefinedwqaswqplanningwqandwqmanagingwqawqfirm’swqlong-termwqassets.
A) Workingwqcapitalwqmanagement
B) Cashwqmanagement
C) Costwqaccountingwqmanagement
D) Capitalwqbudgeting
E) Capitalwqstructurewqmanagement
11) Anwqamountwqthewqfirmswqowes,wqwhichwqitwqmustwqrepaywqwithinwqtwelvewqmonths,wqiswqcalledwq
a(n):
Versionwq 4
1
13th Edition By Stephen Ross, Randolph
Westerfield, Chapters 1 - 21, Complete
Versionwq 1
1
,Chapterwq1
Studentwqname:_wq
MULTIPLEwqCHOICEwq-
wqChoosewqthewqonewqalternativewqthatwqbestwqcompleteswqthewqstatementwqorwqanswerswqthewqquesti
on.
1) Generally,wqamongwqthosewqwhowqreportwqdirectlywqtowqthe
arewqthewqtreasurerwqandwqthewqcontrollerwqofwqawqcorporation.
A) boardwqofwqdirectors
B) chairpersonwqofwqthewqboard
C) chiefwqexecutivewqofficer
D) president
E) chiefwqfinancialwqofficer
2) Awqtypicalwqchainwqofwqcommandwqinwqawqcorporationwqiswqdescribedwqbywqwhichwqonewqofwqt
hewqfollowingwqstatements?
A) Thewqinformationwqsystemswqmanagerwqreportswqtowqthewqtreasurer.
B) Thewqcreditwqmanagerwqreportswqtowqthewqtreasurer.
C) Thewqcontrollerwqreportswqtowqthewqchiefwqexecutivewqofficer.
D) Thewqtaxwqmanagerwqreportswqtowqthewqtreasurer.
E) Thewqcapitalwqexpenditureswqmanagerwqreportswqtowqthewqcontroller.
3) Answeringwqwhichwqonewqofwqthewqfollowingwqquestionswqinvolveswqmakingwqawqcapitalwq
budgetingwqdecision?
Versionwq 2
1
, A) Howwqmuchwqdebtwqshouldwqthewqfirmwqborrowwqfromwqawqparticularwqlender?
B) Shouldwqthewqfirmwqbuildwqawqnewwqproductionwqfacility?
C) Shouldwqthewqfirmwqissuewqnewwqequitywqtowqpaywqforwqitswqgrowthwqgoals?
D) Howwqmuchwqinventorywqshouldwqthewqfirmwqkeepwqonwqhand?
E) Howwqmuchwqcreditwqshouldwqthewqfirmwqextendwqtowqawqparticularwqcustomer?
4) Whichwqonewqofwqthewqfollowingwqstatementswqiswqaccurate?
A) Netwqworkingwqcapitalwqequalswqcurrentwqassetswqpluswqcurrentwqliabilities.
B) Currentwqliabilitieswqarewqdebtswqthatwqmustwqbewqrepaidwqinwq18wqmonthswqorwqless.
C) Currentwqassetswqarewqassetswqwithwqshortwqlives,wqsuchwqaswqaccountswqreceivable.
D) Long-termwqdebtwqiswqdefinedwqaswqawqresidualwqclaimwqonwqawqfirm’swqassets.
E) Tangiblewqassetswqarewqfixedwqassetswqsuchwqaswqpatents.
5) Amongwqthewqtypicalwqresponsibilitieswqofwqthewqcorporatewqcontrollerwqis:
A) capitalwqexpenditureswqmanagement.
B) cashwqmanagement.
C) taxwqreporting.
D) financialwqplanning.
E) creditwqmanagement.
6) wq iswqtypicallywqthewqresponsibilitywqofwqthewqcorporatewqtreasurer.
A) Financialwqplanning
B) Costwqaccounting
C) Taxwqreporting
D) Informationwqsystems
E) Financialwqaccounting
7) Awqfirm’s define(s)wqitswqcapitalwqstructure.
Versionwq 3
1
, A) mixturewqofwqvariouswqtypeswqofwqproductionwqequipment
B) investmentwqselectionswqforwqitswqexcesswqcashwqreserves
C) combinationwqofwqcashwqandwqcashwqequivalents
D) combinationwqofwqaccountswqappearingwqonwqthewqleftwqsidewqofwqitswqbalancewqsheet
E) proportionswqofwqfinancingwqfromwqdebtwqandwqequity
8) Thewqfocuswqofwqshort-termwqfinancewqiswqon:
A) thewqtimingwqofwqcashwqflows.
B) acquiringwqandwqsellingwqfixedwqassets.
C) financingwqlong-termwqprojects.
D) capitalwqbudgeting.
E) issuingwqadditionalwqshareswqofwqcommonwqstock.
9) Netwqworkingwqcapitalwqincludes:
A) copyrights.
B) manufacturingwqequipment.
C) commonwqstock.
D) long-termwqdebt.
E) inventory.
10) wq iswqdefinedwqaswqplanningwqandwqmanagingwqawqfirm’swqlong-termwqassets.
A) Workingwqcapitalwqmanagement
B) Cashwqmanagement
C) Costwqaccountingwqmanagement
D) Capitalwqbudgeting
E) Capitalwqstructurewqmanagement
11) Anwqamountwqthewqfirmswqowes,wqwhichwqitwqmustwqrepaywqwithinwqtwelvewqmonths,wqiswqcalledwq
a(n):
Versionwq 4
1
