Bsbwor501 Final Exam
Format: True/False
Learning Objective: LO 1
Level of Difficulty: Easy
1.
The financial manager is responsible for making decisions that are in the best interest of the firm's owners.
A)
True
B)
False
Ans:
A
Format: True/False
Learning Objective: LO 1
Level of Difficulty: Easy
2.
The demand for a potential business product, as well as the identification of what product or services is to be produced, are both contained in a business plan.
A)
True
B)
False
Ans:
A
Format: True/False
Learning Objective: LO 1
Level of Difficulty: Easy
3.
The local Republican Party is a stakeholder in a local firm that makes no political donations to either party.
A)
True
B)
False
Ans:
B
Format: True/False …show more content…
A)
Sales revenues
B)
Expenses
C)
Risk
D)
Cost of goods sold
Ans:
C
Format: Multiple Choice
Learning Objective: LO 4
Level of Difficulty: Medium
80.
Which of the following does maximizing shareholder wealth not usually account for?
A)
Risk.
B)
Government regulation.
C)
The timing of cash flows.
D)
Amount of cash flows.
Ans:
B
Format: Multiple Choice
Learning Objective: LO 4
Level of Difficulty: Medium
81.
Which of the following factors or activities can be controlled by the management of a firm?
A)
Capital budgeting.
B)
The level of economic activity.
C)
The level of interest rates.
D)
Stock market conditions.
Ans:
A
Format: Multiple Choice
Learning Objective: LO 6
Level of Difficulty: Medium
82.
The legal system and market forces impose substantial costs on individuals and institutions that engage in unethical behavior. Which of the following would not be an example of the above?
A)
Financial losses.
B)
Legal fines.
C)
Agency conflicts.
D)
Jail time.
Ans:
C
Format: Essay
Learning Objective: LO 4
Learning Objective: LO 1
Level of Difficulty: Easy
1.
The financial manager is responsible for making decisions that are in the best interest of the firm's owners.
A)
True
B)
False
Ans:
A
Format: True/False
Learning Objective: LO 1
Level of Difficulty: Easy
2.
The demand for a potential business product, as well as the identification of what product or services is to be produced, are both contained in a business plan.
A)
True
B)
False
Ans:
A
Format: True/False
Learning Objective: LO 1
Level of Difficulty: Easy
3.
The local Republican Party is a stakeholder in a local firm that makes no political donations to either party.
A)
True
B)
False
Ans:
B
Format: True/False …show more content…
A)
Sales revenues
B)
Expenses
C)
Risk
D)
Cost of goods sold
Ans:
C
Format: Multiple Choice
Learning Objective: LO 4
Level of Difficulty: Medium
80.
Which of the following does maximizing shareholder wealth not usually account for?
A)
Risk.
B)
Government regulation.
C)
The timing of cash flows.
D)
Amount of cash flows.
Ans:
B
Format: Multiple Choice
Learning Objective: LO 4
Level of Difficulty: Medium
81.
Which of the following factors or activities can be controlled by the management of a firm?
A)
Capital budgeting.
B)
The level of economic activity.
C)
The level of interest rates.
D)
Stock market conditions.
Ans:
A
Format: Multiple Choice
Learning Objective: LO 6
Level of Difficulty: Medium
82.
The legal system and market forces impose substantial costs on individuals and institutions that engage in unethical behavior. Which of the following would not be an example of the above?
A)
Financial losses.
B)
Legal fines.
C)
Agency conflicts.
D)
Jail time.
Ans:
C
Format: Essay
Learning Objective: LO 4