Test Bank for Investments, 11th Canadian Edition by Zvi Bodie

Complete Answers Included ✅
Chap 01 11ce - Bodie
MULTIPLE CHOICE - Choose the one alternative that best completes the statement or
answers the question.
1) The material wealth of a society is a function of
1) ______
A) all financial assets.
B) all real assets.
C) all financial and real assets.
D) all physical assets.

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Difficulty : Easy
Learning Objective : 01-01 Real Assets versus Financial Assets
Topic : 01-01 Real Assets versus Financial Assets
Source : Chapter 01 Test Bank > TB 01-01 The material wealth of a society is a functi...


2) ______ are real assets.
2) ______
A) Land
B) Machines
C) Stocks and bonds
D) Knowledge
E) Land, machines, and knowledge

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Difficulty : Easy
Learning Objective : 01-01 Real Assets versus Financial Assets
Topic : 01-01 Real Assets versus Financial Assets
Source : Chapter 01 Test Bank > TB 01-02 ______ are real assets.




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,3) The means by which individuals hold their claims on real assets in a well-developed
economy are
3) ______
A) investment assets.
B) depository assets.
C) derivative assets.
D) financial assets.
E) exchange-driven assets.

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Difficulty : Easy
Learning Objective : 01-01 Real Assets versus Financial Assets
Topic : 01-01 Real Assets versus Financial Assets
Source : Chapter 01 Test Bank > TB 01-03 The means by which individuals hold their cl...


4) ______ are financial assets.
4) ______
A) Bonds
B) Machines
C) Stocks
D) Bonds and stocks
E) Bonds, machines, and stocks

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Difficulty : Easy
Learning Objective : 01-01 Real Assets versus Financial Assets
Topic : 01-01 Real Assets versus Financial Assets
Source : Chapter 01 Test Bank > TB 01-04 ______ are financial assets.




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,5) ______ financial asset(s).
5) ______
A) Buildings are
B) Land is a
C) Derivatives are
D) Canadian T-Bills are
E) Derivatives and Canadian bonds are

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Difficulty : Easy
Learning Objective : 01-01 Real Assets versus Financial Assets
Topic : 01-01 Real Assets versus Financial Assets
Source : Chapter 01 Test Bank > TB 01-05 ______ financial asset(s).


6) Financial assets
6) ______
A) directly contribute to the country's productive capacity.
B) indirectly contribute to the country's productive capacity.
C) contribute to the country's productive capacity, both directly and indirectly.
D) do not contribute to the country's productive capacity, either directly or indirectly.
E) are of no value to anyone.

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Difficulty : Easy
Learning Objective : 01-01 Real Assets versus Financial Assets
Topic : 01-01 Real Assets versus Financial Assets
Source : Chapter 01 Test Bank > TB 01-06 Financial assets




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, 7) A security that pays a specified cash flow over a specific period is called
7) ______
A) fixed income.
B) stock option.
C) mutual fund.
D) real estate.
E) index.

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Difficulty : Easy
Learning Objective : 01-02 Financial Assets
Topic : 01-02 Financial Assets
Source : Chapter 01 Test Bank > TB 01-07 A security that pays a specified cash flow o...


8) ______ is a commodity.
8) ______
A) Money
B) Forward contract
C) Oil
D) A bond
E) Treasury-bill

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Difficulty : Easy
Learning Objective : 01-02 Financial Assets
Topic : 01-02 Financial Assets
Source : Chapter 01 Test Bank > TB 01-08 ______ is a commodity.




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