Answers depositors and borrowers commercial clients

Answers:
depositors and borrowers.
commercial clients and residential
clients.
secured creditors and unsecured
creditors.
short-term borrowers and long-term
borrowers.
 Question 42
1 out of 1 points
A _________ forecast predicts the revenues, costs, and expenses a firm will incur for a
period of one year or less.
Selected
Answer:
short-term
Answers: near-horizon
short-term
capital
expenditures
tactical
 Question 43
1 out of 1 points
An accountant who works for a single business or government agency is referred to as a:

Selected
Answer:
private accountant.
Answers: public accountant.
private accountant.
certified
accountant.
commission
accountant.
 Question 44
1 out of 1 points
The Fed bought several billion dollars worth of U.S. government securities. The purpose
of this action is to:
Selected
Answer:
stimulate the economy by increasing the amount of money in
circulation.
Answers: decrease the size of the national debt.
improve its financial position by investing in relatively safe interest-
earning assets.
stimulate the economy by increasing the amount of money in
circulation.
drive up interest rates to cool off inflationary pressures.
 Question 45
1 out of 1 points
A __________ represents an agreement by a bank to pay a foreign company a given
amount if certain conditions are met.
Selected
Answer:
letter of credit
Answers: certificate of
deposit
banker's
acceptance
callable option

letter of credit
 Question 46
1 out of 1 points
If a company secures a three-year bank loan, this is considered __________.
Selected
Answer:
long-term
financing
Answers: short-term
financing
asset funding
liability funding
long-term
financing
 Question 47
1 out of 1 points
Carlos is the manager of Oh! Canada Sporting Goods. During the past six months, his
cash expenditures have exceeded his cash receipts. Oh! Canada is suffering from a(n)
________ problem.
Selected
Answer:
cash flow
Answers: accounting
undercapitalizati
on
cash flow
exchange rate
 Question 48
1 out of 1 points
The organization responsible for conducting monetary policy in the United States is the:
Selected
Answer:
Federal Reserve System.
Answers: Federal Trade Commission.
Council of Economic Advisors.

Federal Reserve System.
Federal Monetary Control
Authority.
 Question 49
0 out of 1 points
The ________ is a large national electronic stock trading market.
Selected
Answer:
SEC
Answers: SEC
NYSE
NASDA
Q
NLRB
 Question 50
1 out of 1 points
A major concern for firms selling on credit is:
Selected
Answer:
the large amount of assets tied up in accounts
receivable.
Answers: the realization that many credit customers always pay
their bills.
the large amount of assets tied up in accounts
receivable.
the resulting increase in the debt ratio for the firm.
the inability to utilize factoring as a source of
financing.
Saturday, October 27, 2018 6:17:30 AM EDT