财务管理基础英文版选择题.docx

. . Word Word 资 料 第一章 CORRECT Which of the following are microeconomic variables that help define and explain the discipline of finance? D risk and return capital structure inflation all of the above Feedback: All of the above are relevant in explaining finance. CORRECT One primary macroeconomic variable that helps define and explain the discipline of finance? C capital structure inflation technology risk Feedback: Technology is very important in explaining the field of finance. CORRECT The money markets deal with . B securities with a life of more than one year short-term securities securities such as common stock none of the above Feedback: The money markets are concerned with short-term securities, those with a life less than one year. CORRECT The ability of a firm to convert an asset to cash is called A . liquidity solvency return marketability Feedback: Liquidity also means how close an asset is to cash. CORRECT Early in the history of finance, an important issue was: A liquidity technology capital structure financing options Feedback: Maintaining liquidity was a major concern historically. INCORRECT The C is the most common form of business organization in the U.S. corporation partnership sole proprietorship none of the above Feedback: There are more sole proprietorships than any other form of business organization. CORRECT The C has more sales in dollars than any other form of business organization. sole proprietorship partnership corporation none of the above Feedback: The corporation is the most important in terms of dollars. CORRECT One major disadvantage of the sole proprietorship is B . simplicity of decision-making unlimited liability low operational costs none of the above Feedback: The owners of a sole proprietorship are personally liable. CORRECT The appropriate firm goal in a capitalist society is B . profit maximization shareholder wealth maximization social responsibility none of the above Feedback: The goal is to maximize the wealth o