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WQrd
WQrd资料
WQrd
WQrd资料
Word
Word资料
第一章
CoRRECT
WhiCh Of the following are microecOnomic VariableS that help define and explain the discipli ne of finan ce? D
risk and retur n
CaPitaI StrUCtUre
in flatio n
all of the above
Feedback: All of the above are releva nt in expla ining finance.
CORRECT
One Primary macroecOnomic VariabIe that helps define and explain the discipline of finance? C
CaPitaI StrUCtUre
in flatio n
tech noIogy
risk
Feedback: TeChnoIogy 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 com mon stock
none of the above
Feedback: The money markets are ConCerned With ShOrt-term SeCUrities, those With a life less tha n One year.
CORRECT
The ability of a firm to ConVertan asset to CaSh is called A .
IiqUidity
solve ncy
return
marketability
Feedback: LiqUidity also means how close an asset is to cash.
CORRECT
Early in the history of finan ce, an importa nt issue was: A
IiqUidity
tech noIogy
CaPitaI StrUCtUre
financing optiOnS
Feedback: Maintaining IiqUidity WaS a major ConCern historically.
INCoRRECT
The C is the most com mon form of bus in ess orga ni Zati On in the U.S.
corporati On
Part nership
sole PrOPrietOrShiP
none of the above
Feedback: There are more sole PrOPrietOrShiPS tha n any Other form of bus in ess orga ni Zati on.
CORRECT
The C has more sales in dollars tha n any Other form of bus in ess
orga ni Zati on.
sole PrOPrietOrShiP
Part nership
corporati On
none of the above
Feedback: The corporation is the most important in terms of dollars.
CORRECT
One major disadva ntage of the sole PrOPrietOrShiP is B .
SimPIiCity of decisi On-mak ing
UnIimited liability
low OPerati Onal costs
none of the above
Feedback: The OWnerS of a sole PrOPrietOrShiP are PerS On ally liable.
CORRECT
The appropriate firm goal in a CaPitaIiSt SOCiety is B .
PrOfit maximizati on
Shareholder WeaIth maximizati On
social resp On SibiIity
none of the
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