Unformatted text preview: Question 1
10 I (if ’0 poi :ts A capital expenditures analyst/manager is responsible for the evaluation and recommendation of proposed asset investments. Selected Answer: a True
Correct Answer: a True Question 2 .
10 out of 10 paints Marginal cost—benefit analysis states that financial decisions should be made and actions should be taken only when the added benefits exceed
the added costs. Selected Answer: a True
Correct Answer: 0 True Question 3 .
10 out of 10 paints is concerned with design and delivery of advice and financial products to individuals, businesses, and governments. Selected Answer: 0 Financial services CorrectAnswer: 0 Financial services Question 4 .
0 out of 10 paints Which of the following is true of a partnership and a corporation? Selected Answer: 0 In a corporation, income is taxed at the corporate level; whereas, in a partnership, income is taxed twice. Correct Answer: a In a partnership, income is taxed at the corporate level; whereas, in a corporation, income is taxed twice. Question 5 ,
10 out of 10 paints If the CEO of a company were to pass away, what do you think would happen to price of the stock? Selected Answer: 0 It would decrease because of the perceived increased risk due of lack of near-term leadership. Correct Answer: 0 It would decrease because of the perceived increased risk due of lack of near-term leadership. Question 6 .
10 out of 10 paints A firm has just ended its calendar year making a sale in the amount of $200,000 of merchandise purchased during the year at a total cost of
$150,500. Although the firm paid in full for the merchandise during the year, it is yet to collect at year end from the customer. The possible
problem this firm may face is Selected Answer: ('4 lack of cash flow ...
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- Summer '08
- Economics, Corporation, Financial services