Ch16 Multiple Choice Questions

Ch16 Multiple Choice Questions - M Multiple Choice...

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Multiple Choice Questions M 6. (p. 489) Overall, financial management primarily involves acquiring and managing A. equity. e B. funds. f C. liabilities. l D. inventory. i E. employees. AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Easy D Learning Objective: 1 L 7. (p. 489) In the area of short-term assets and liabilities, a word that is synonymous with "short term" is A. minimal. m B. current. c C. small. s D. least. l E. fiat. AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Medium D Learning Objective: 1 L
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8. (p. 489) Cash, investments, accounts receivable, and inventory are also known as A. current assets. a B. current liabilities. c C. long-term assets. l D. long-term liabilities. l E. fixed assets. AACSB: Reflective Thinking A Bloom's Taxonomy: Knowledge B Difficulty: Easy D Learning Objective: 1 L 9. (p. 489) Current assets include all of the following except A. accounts receivable. a B. accounts payable. p C. investments. i D. inventory. i
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Ch16 Multiple Choice Questions - M Multiple Choice...

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