Test Bank for Corporate Finance
A A A A A
13th Edition By Stephen Ross, Randolph Westerfield, Ch
A A A A A A A
apters 1 - 21, Complete
A A A A
VersionA1 1
,Chapter 1
A
Student name:_
A A
MULTIPLEACHOICEA-
AChooseAtheAoneAalternativeAthatAbestAcompletesAtheAstatementAorA
answersAtheAquestion.
1) Generally,AamongAthoseAwhoAreportAdirectlyAtoAthe
areAtheAtreasurerAandAtheAcontrollerAofAaAcorporation.
A) boardAofAdirectors
B) chairpersonAofAtheAboard
C) chiefAexecutiveAofficer
D) president
E) chiefAfinancialAofficer
2) AAtypicalAchainAofAcommandAinAaAcorporationAisAdescribedAbyAwhichAoneAofAtheAfollowi
ngAstatements?
A) TheAinformationAsystemsAmanagerAreportsAtoAtheAtreasurer.
B) TheAcreditAmanagerAreportsAtoAtheAtreasurer.
C) TheAcontrollerAreportsAtoAtheAchiefAexecutiveAofficer.
D) TheAtaxAmanagerAreportsAtoAtheAtreasurer.
E) TheAcapitalAexpendituresAmanagerAreportsAtoAtheAcontroller.
3) AnsweringAwhichAoneAofAtheAfollowingAquestionsAinvolvesAmakingAaAcapitalAbudgetin
gAdecision?
VersionA1 2
, A) HowAmuchAdebtAshouldAtheAfirmAborrowAfromAaAparticularAlender?
B) ShouldAtheAfirmAbuildAaAnewAproductionAfacility?
C) ShouldAtheAfirmAissueAnewAequityAtoApayAforAitsAgrowthAgoals?
D) HowAmuchAinventoryAshouldAtheAfirmAkeepAonAhand?
E) HowAmuchAcreditAshouldAtheAfirmAextendAtoAaAparticularAcustomer?
4) WhichAoneAofAtheAfollowingAstatementsAisAaccurate?
A) NetAworkingAcapitalAequalsAcurrentAassetsAplusAcurrentAliabilities.
B) CurrentAliabilitiesAareAdebtsAthatAmustAbeArepaidAinA18AmonthsAorAless.
C) CurrentAassetsAareAassetsAwithAshortAlives,AsuchAasAaccountsAreceivable.
D) Long-termAdebtAisAdefinedAasAaAresidualAclaimAonAaAfirm’sAassets.
E) TangibleAassetsAareAfixedAassetsAsuchAasApatents.
5) AmongAtheAtypicalAresponsibilitiesAofAtheAcorporateAcontrollerAis:
A) capitalAexpendituresAmanagement.
B) cashAmanagement.
C) taxAreporting.
D) financialAplanning.
E) creditAmanagement.
6) A isAtypicallyAtheAresponsibilityAofAtheAcorporateAtreasurer.
A) FinancialAplanning
B) CostAaccounting
C) TaxAreporting
D) InformationAsystems
E) FinancialAaccounting
7) AAfirm’s define(s)AitsAcapitalAstructure.
VersionA1 3
, A) mixtureAofAvariousAtypesAofAproductionAequipment
B) investmentAselectionsAforAitsAexcessAcashAreserves
C) combinationAofAcashAandAcashAequivalents
D) combinationAofAaccountsAappearingAonAtheAleftAsideAofAitsAbalanceAsheet
E) proportionsAofAfinancingAfromAdebtAandAequity
8) TheAfocusAofAshort-termAfinanceAisAon:
A) theAtimingAofAcashAflows.
B) acquiringAandAsellingAfixedAassets.
C) financingAlong-termAprojects.
D) capitalAbudgeting.
E) issuingAadditionalAsharesAofAcommonAstock.
9) NetAworkingAcapitalAincludes:
A) copyrights.
B) manufacturingAequipment.
C) commonAstock.
D) long-termAdebt.
E) inventory.
10) A isAdefinedAasAplanningAandAmanagingAaAfirm’sAlong-termAassets.
A) WorkingAcapitalAmanagement
B) CashAmanagement
C) CostAaccountingAmanagement
D) CapitalAbudgeting
E) CapitalAstructureAmanagement
11) AnAamountAtheAfirmsAowes,AwhichAitAmustArepayAwithinAtwelveAmonths,AisAcalledAa(n):
VersionA1 4
A A A A A
13th Edition By Stephen Ross, Randolph Westerfield, Ch
A A A A A A A
apters 1 - 21, Complete
A A A A
VersionA1 1
,Chapter 1
A
Student name:_
A A
MULTIPLEACHOICEA-
AChooseAtheAoneAalternativeAthatAbestAcompletesAtheAstatementAorA
answersAtheAquestion.
1) Generally,AamongAthoseAwhoAreportAdirectlyAtoAthe
areAtheAtreasurerAandAtheAcontrollerAofAaAcorporation.
A) boardAofAdirectors
B) chairpersonAofAtheAboard
C) chiefAexecutiveAofficer
D) president
E) chiefAfinancialAofficer
2) AAtypicalAchainAofAcommandAinAaAcorporationAisAdescribedAbyAwhichAoneAofAtheAfollowi
ngAstatements?
A) TheAinformationAsystemsAmanagerAreportsAtoAtheAtreasurer.
B) TheAcreditAmanagerAreportsAtoAtheAtreasurer.
C) TheAcontrollerAreportsAtoAtheAchiefAexecutiveAofficer.
D) TheAtaxAmanagerAreportsAtoAtheAtreasurer.
E) TheAcapitalAexpendituresAmanagerAreportsAtoAtheAcontroller.
3) AnsweringAwhichAoneAofAtheAfollowingAquestionsAinvolvesAmakingAaAcapitalAbudgetin
gAdecision?
VersionA1 2
, A) HowAmuchAdebtAshouldAtheAfirmAborrowAfromAaAparticularAlender?
B) ShouldAtheAfirmAbuildAaAnewAproductionAfacility?
C) ShouldAtheAfirmAissueAnewAequityAtoApayAforAitsAgrowthAgoals?
D) HowAmuchAinventoryAshouldAtheAfirmAkeepAonAhand?
E) HowAmuchAcreditAshouldAtheAfirmAextendAtoAaAparticularAcustomer?
4) WhichAoneAofAtheAfollowingAstatementsAisAaccurate?
A) NetAworkingAcapitalAequalsAcurrentAassetsAplusAcurrentAliabilities.
B) CurrentAliabilitiesAareAdebtsAthatAmustAbeArepaidAinA18AmonthsAorAless.
C) CurrentAassetsAareAassetsAwithAshortAlives,AsuchAasAaccountsAreceivable.
D) Long-termAdebtAisAdefinedAasAaAresidualAclaimAonAaAfirm’sAassets.
E) TangibleAassetsAareAfixedAassetsAsuchAasApatents.
5) AmongAtheAtypicalAresponsibilitiesAofAtheAcorporateAcontrollerAis:
A) capitalAexpendituresAmanagement.
B) cashAmanagement.
C) taxAreporting.
D) financialAplanning.
E) creditAmanagement.
6) A isAtypicallyAtheAresponsibilityAofAtheAcorporateAtreasurer.
A) FinancialAplanning
B) CostAaccounting
C) TaxAreporting
D) InformationAsystems
E) FinancialAaccounting
7) AAfirm’s define(s)AitsAcapitalAstructure.
VersionA1 3
, A) mixtureAofAvariousAtypesAofAproductionAequipment
B) investmentAselectionsAforAitsAexcessAcashAreserves
C) combinationAofAcashAandAcashAequivalents
D) combinationAofAaccountsAappearingAonAtheAleftAsideAofAitsAbalanceAsheet
E) proportionsAofAfinancingAfromAdebtAandAequity
8) TheAfocusAofAshort-termAfinanceAisAon:
A) theAtimingAofAcashAflows.
B) acquiringAandAsellingAfixedAassets.
C) financingAlong-termAprojects.
D) capitalAbudgeting.
E) issuingAadditionalAsharesAofAcommonAstock.
9) NetAworkingAcapitalAincludes:
A) copyrights.
B) manufacturingAequipment.
C) commonAstock.
D) long-termAdebt.
E) inventory.
10) A isAdefinedAasAplanningAandAmanagingAaAfirm’sAlong-termAassets.
A) WorkingAcapitalAmanagement
B) CashAmanagement
C) CostAaccountingAmanagement
D) CapitalAbudgeting
E) CapitalAstructureAmanagement
11) AnAamountAtheAfirmsAowes,AwhichAitAmustArepayAwithinAtwelveAmonths,AisAcalledAa(n):
VersionA1 4
