Question 1

What is finance?

Accepted Answer

A study of how entities evaluate investment opportunities, business proposals, projects, and raise capital to fund them.

Answer

A study of the economy as a whole, including growth in incomes, changes in prices and rate of unemployment.

Answer

A study of production, consumption, and transfer of wealth.

Answer

A study of how firms and individuals make decisions and how these decision-makers interact.

Question 2

Which major security is traded in the capital markets?

Accepted Answer

multiplem://bonds:stocks

Answer

treasury bills

Answer

commercial paper

Question 3

All are these are examples of non-banking institution EXCEPT for?

Accepted Answer

https://uploads.quizalize.com/2140d658-758a-4263-ab98-edc5b2d83a7b/question/708d87dcddef4d170511603afe581349abbe8672.jpg

Answer

https://uploads.quizalize.com/2140d658-758a-4263-ab98-edc5b2d83a7b/question/82e97a4544dd952f8ff52506031652188ed11906.jpg

Answer

https://uploads.quizalize.com/2140d658-758a-4263-ab98-edc5b2d83a7b/question/0d4bb4e7f1ec818c6bcd6ebbe2d7ce0c2efb873b.jpg

Answer

https://uploads.quizalize.com/2140d658-758a-4263-ab98-edc5b2d83a7b/question/f85022beec66d84eebd952688f7501a9ac36f43e.jpg

Question 4

What do you call the reason why a company holds on to cash to take advantage of opportunities?

Accepted Answer

scrambled://SPECULATIVE

Question 5

What are the steps in financial planning?

Accepted Answer

jumble://Set goals and objectives, Identify resources, Identify goal-related tasks, Establish responsibility centers, Establish evaluation system, Determine contingency plans

Question 6

The period for a company's long term financial planning is 2 to 10 years.

Accepted Answer

boolean://True

Question 7

Who is responsible for making decisions for the company that would lead to wealth maximization?

Accepted Answer

multiplem://financial officer|5:manager|10:financial manager|15

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