Multiple Choice Questions 1. The person generally directly responsible for overseeing the tax management, cost accounting, financial accounting, and data processing functions is the: a. treasurer. b. director. C. controller. d. chairman of the board. e. chief executive officer.
SECTION: 1.1 TOPIC: CONTROLLER TYPE: DEFINITIONS
2. The person generally directly responsible for overseeing the cash and credit functions, financial planning, and capital expenditures is the: A. treasurer. b. director. c. controller. d. chairman of the board. e. chief operations officer.
SECTION: 1.1 TOPIC: TREASURER TYPE: DEFINITIONS
3. The process of identifying projects which will produce positive cash flows is called: a. working capital management. b. financial depreciation. c. agency cost analysis. D. capital budgeting. e. capital structure.
SECTION: 1.1 TOPIC: CAPITAL BUDGETING TYPE: DEFINITIONS
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Chapter 001 Introduction to Corporate Finance
4. The mix of debt and equity capital for a firm is referred to as the firm's: a. working capital management. b. cash management. c. cost analysis. d. capital budgeting. E. capital structure.
SECTION: 1.1 TOPIC: CAPITAL STRUCTURE TYPE: DEFINITIONS
5. The management of a firm's short-term assets and liabilities is called: A. working capital management. b. debt management. c. equity management. d. capital budgeting. e. capital structure.
SECTION: 1.1 TOPIC: WORKING CAPITAL MANAGEMENT TYPE: DEFINITIONS
6. A business owned by a solitary individual is called a: a. corporation. B. sole proprietorship. c. general partnership. d. limited partnership. e. limited liability company.
SECTION: 1.2 TOPIC: SOLE PROPRIETORSHIP TYPE: DEFINITIONS
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Chapter 001 Introduction to Corporate Finance
7. A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a: a. corporation. b. sole proprietorship.