Winter2010PracticeMidterm

Winter2010PracticeMidterm - Name: Net ID: Financial...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Name: Net ID: Financial Management Winter 2010 Practice Midterm You are allowed to use up to two calculators and half-page, one-sided notes with formula only (any numerical example is illegal). You have 110-minutes to complete the exam.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
THE FOLLOWING PART IS FOR INSTRUCTOR USE Multiple Choices Calculation 1 Calculation 2 Calculation 3 Total 2
Background image of page 2
Multiple Choice Section (2 Points Each) For each question, choose the best answer and write your final choice in the following table. Question 1 2 3 4 5 My Choice Question 6 7 8 9 10 My Choice 1. WorldCom’s failure to report $3.8 billion of operating expenses is an example of: a) an effort to conform to changed accounting rules. b) an attempt to maximize the value of the shareholders’ investment in the firm. c) an effort to serve the needs of the customer. d) an attempt to increase the company’s market value in an unethical way. 2. A business owned by a single individual is called: a) Corporation. b) Sole proprietorship.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 7

Winter2010PracticeMidterm - Name: Net ID: Financial...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online