sus quiz.docx - 1.The person generally directly responsible...

This preview shows page 1 - 3 out of 16 pages.

1.The person generally directly responsible for overseeing the taxmanagement, cost accounting, financial accounting, and information systemfunctions is the: A.treasurer. B.. director.C.controller. D.chairman of the board. E.chief executive officer.
2.The person generally directly responsible for overseeing the cash and creditfunctions, financial planning, and capital expenditures is the:
3.The process of planning and managing a firm's long-term investments iscalled:
4. The mixture of debt and equity used by a firm to finance its operations iscalled:
5. The management of a firm's short-term assets and liabilities is called: A. working capital management. B. debt management. C. equity management. D. capital budgeting. E. capital structure
6. A business owned by a single individual is called a:
7. A business formed by two or more individuals who each have unlimitedliability for business debts is called a:
8. The division of profits and losses among the members of a partnership isformalized in the:
13. The primary goal of financial management is to: A. maximize current dividends per share of the existing stock. B. maximize the current value per share of the existing stock. C. avoid financial distress.D. minimize operational costs and maximize firm efficiency. E. maintain steady growth in both sales and net earnings.
14. A conflict of interest between the stockholders and management of a firmis called:
15. Agency costs refer to:

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture