재무관리 퀴즈 & 강의자료

재무관리 퀴즈 & 강의자료 - Quiz(Financial...

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Unformatted text preview: Quiz (Financial Management) Chapter 1 True/False 1. The liability of sole proprietors is limited to the amount of their investment in the company. 2. General partners have limited personal liability for business debts in a limited partnership. 3. The corporate form of business organization is often accompanied by separation of ownership and management. 4. A major disadvantage of partnerships is that they have double taxation of profits. 5. Capital budgeting decisions are used to determine how to raise the cash necessary for investments. 6. A successful investment is one that increases the value of the firm. 7. The duties of a corporate controller typically include the preparation of financial statements. 8. Maximizing profits is the same as maximizing the value of the firm. Multiple Choices 1. Corporations are referred to as public companies when their: A) shareholders have no tax liability. B) shares are held by the federal or state government. C) stock is widely traded. D) products or services are available to the public. 2. The term capital structure refers to: A) the manner in which a firm obtains its long-term sources of funding. B) the length of time needed to repay debt. C) whether the firm invests in capital budgeting projects. D) which specific assets the firm should invest in. 3. The best criterion for success in a capital budgeting decision would be to: A) minimize the cost of the investment. B) maximize the number of capital budgeting projects. C) maximize the difference between cash inflows and cost. D) finance all capital budgeting projects with debt. 4. Ethical decision-making by management has a payoff for shareholders in terms of: A) improved capital structure. B) enhanced reputation value. C) increased managerial benefits. D) higher dividend payments. Answer: True/False 1. F 2. F 3. T 4. F 5. F 6. T 7. T 8. F Multiple Choices 1. C 2. A 3. C 4. B Quiz (chapter 3) True/False 1. An assets liquidity is determined by how readily the asset can be converted to an appropriate amount of cash. : 2. The principal reason for excluding many intangible assets from the balance sheet is that they are difficult to value. : 3. The difference between gross fixed assets and net fixed assets is accumulated depreciation. : 4. Fixed assets can be either tangible or intangible assets. : 5. Balance sheets have traditionally recorded amounts in terms of market values. : 6. The income statement resembles a snapshot of the firm at a specific time. : 7. If net income is positive, then cash flow from operations is positive also for that period. : 8. Purchases of marketable securities are not considered to be cash used by investments on the statement of cash flows....
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This note was uploaded on 12/18/2011 for the course BUSINESS a2945903 taught by Professor 박상수 during the Spring '11 term at Kyung Hee.

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재무관리 퀴즈 & 강의자료 - Quiz(Financial...

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