Finance 100 Quiz 1 & 2

Finance 100 Chapters 1& 2 Quiz

Question 1

| | | Finance is: Answer | | | | | Selected Answer: | the study of how individuals, institutions, governments, and businesses acquire, spend, and manage money and other financial assets | | | | |
Question 2

| | | The primary securities markets areAnswer | | | | | Selected Answer: | the markets where financial assets such as stocks and bonds are initially issued | | | | |
Question 3

| | | Successful businesses typically progress through a series of life-cycle stages—from the idea stage to exiting the business; these five stages include the:Answer | | | | | Selected Answer: | development stage, startup stage, survival stage, rapid growth stage, and maturity stage. | | | | |
Question 4

| | | The primary goal of the financial manager of a profit-seeking organization is to:Answer | | | | | Selected Answer: | maximize the owners’ wealth | | | | |
Question 5

| | | An area of finance that refers to the physical locations or electronic forums that facilitate the flow of funds among investors, businesses, and governments is called:Answer | | | | | Selected Answer: | financial markets | | | | |
Question 6

| | | The ______________ is a term used to describe the financial system, institutions, markets, businesses, individuals, and global interactions that help the economy operate efficientlyAnswer | | | | | Selected Answer: | financial environment | | | | |
Question 7

| | | _______________ is the study of how growth-driven, performance-focused, early-stage (from development through early rapid growth) firms raise financial capital and manage their operations and assets.Answer | | | | | Selected Answer: | Entrepreneurial finance | | | | |
Question 8

| | | The study of how growth-driven, performance-focused, early stage firms raise financial capital and