Which of the following requires funds from external

1. Which of the following requires funds from external sources?
a. Financial markets c. financial institutions
b. Private placement d. all of the above
2. Which of the following is the primary goal of financial manager?
3. Wealth maximization as the goal of the firm implies enhancing the wealth of
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4. Which of the following the Financial Managers should consider when evaluating
decision alternatives or potential actions?
5. It receives premium payments that are placed in loans or investments to
accumulate funds to cover future benefits.
a. life insurance company c. saving bank
b. commercial bank d. credit bank
6. Which of the following is not a financial institution?
7. Which of the following most businesses sell securities in order to raise money?
8. Which of the following is not a service provided by financial institutions?

9. By definition, the money market involves buying and selling of what?
a. Funds that mature in more than one year
b. Flows of funds
c. Stocks and bonds
d. Short-term funds
10.Which of the following is created by a financial relationship between suppliers
and users of short-term funds?
11.Long-term debt instruments used by both government and business are known
as what?
12.It pertains to the money a retired private or government employees receive after
retirement.
13.Which of the following is the type of financial intermediary that pools savings of
individuals and makes them available to business and government users?
a. Mutual fund c. savings bank
b. Savings and loans d. credit union