F100 FINAL EXAM REVIEW QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
The finance professional who is primarily responsible for arranging external financing and managing
relationships with banks and other financial institutions is the - Answers Treasurer
Which of the following would be considered an External Collaboration for the finance and treasury
areas?
I. Internal Audit
II. Accounts Receivable
III. Financial Markets
IV. Suppliers and Customers
V. Regulatory Agencies - Answers III, IV and V only
What is the traditional financial goal we use for publicly traded corporations in the U.S.? - Answers
Maximize shareholder wealth
What is the definition of the Cash Conversion Cycle? - Answers The time it takes to convert a cash
outflow into a cash inflow.
Ensuring the company's ability to meet current and future financial obligations in a timely and cost-
effective manner is related to which of the following treasury management objectives? - Answers
Maintain liquidity
To simplify what an investment management career is all about, it might be helpful to consider it as...
- Answers helping clients invest their money or wealth.
According to class session, one way to think about investment banking is... - Answers that it is a lot
about deal making.
Handshake is... - Answers a platform for connecting Kelley students with recruiters.
According to class session, a lot of the work in commercial banking is sort of... - Answers the mirror
equivalent of work in corporate finance.
Kelley Connect is... - Answers a site of many resources available for Kelley students.
If you become a finance major, how many courses are the minimum required for electives? - Answers
Four typical courses, worth at least 12 credits.
This important credential for finance professional s requires completing three, six-hour exams. -
Answers CFA
The workshops we will continue discussing in F100 are managed by the finance department, except
for consulting. The Consulting Workshop is managed by... - Answers the Business Law and Ethics
department.
During multiple class sessions, instructors noted that the most important step freshman should take
right now is... - Answers to learn how to study at IU and make good grades.
If you have questions about your degree requirements, you should... - Answers speak with your
Kelley academic advisor.
We looked at financial statements quickly online at Yahoo! Finance. There, we discovered that TTM is
short for... - Answers trailing twelve months.
It's important for the resume for you to demonstrate you have some kind of engagement at IU, even
though you will have been on campus for only a few weeks. In class sessions, we further explained
that... - Answers you don't have to join just a business or finance club. Exploring other kinds of groups
at IU will be just fine.
The resume assignment is due... - Answers on February 27 at 11:59 PM.
Freshmen in the course should use which format for the resume assignment? - Answers The
freshman resume example from UCS.
One of the recommended sites for investing and markets was Seeking Alpha, a sort of crowd-sourced
site for stock analysis. The "alpha" in the name is a reference to... - Answers Jensen's alpha.
Financial managers generally demand that anything their company invests in must return at least
some minimally acceptable rate. According to a recent class session, the rate that must be met or
surpassed is also called... - Answers a hurdle rate.
All companies that have publicly traded stock submit an annual report to the SEC. This report is
called... - Answers a 10-K.
The accounting identity or equation is... - Answers assets = liabilities + equity.
GAAP references... - Answers the standard accounting rules and conventions used, mostly in the US.
According to a recent class session, accounting is great at bringing attention to revenue, expenses,
and profits. Finance focuses more on... - Answers cash flow.
, Earnings per share (EPS) indicates... - Answers the amount or company profit per share of common
stock.
Based on class sessions, restructuring refers to... - Answers changing the company's capital structure -
its proportion of equity and debt used to finance assets.
An important early insight by financial manager looking over the D'Leon financial statements... -
Answers was the realization that the fourth quarter performance was pretty good.
Using the select financial information in the table below, what is this current ratio? - Answers about
4.5
Using the select financial information in the table below, what is this company's return on equity
(ROE)? - Answers about 28%
According to class presentations, what is financial intermediation? - Answers It is the service of
transferring of capital from savers to users.
This person founded the first investment bank in Philadelphia in order to help fund the American Civil
War. - Answers Jay Cooke
The business bankruptcy chapter that is used if a business is considered to be worth more alive than
dead is: - Answers Chapter 11
Which of the following is NOT considered part of Monetary Policy? - Answers Government Spending
Which of the following federal regulations created the Federal Deposit Insurance Corporation (FDIC)?
- Answers Glass-Steagall Act
The difference between the interest rate at which a bank lends to borrowers and the interest rate the
bank pays to depositors is known as: - Answers Net Interest Margin
What are the key services that a commercial bank must provide?
I. Charge high fees for accounts
II. Accept deposits
III. Provide safety deposit boxes
IV. Make commercial loans
V. Have both a lobby and a drive-through - Answers II & IV
The mix between fixed-income (debt) and equity (stock) is a key decision in the management of a
long-term portfolio and is known as (according to class presentations)... - Answers asset allocation.
According to class presentation, a REPO is... - Answers an agreement by a bank to sell a security for
some cash and then buy it back later at a slightly higher price.
A bond that has a face value of $1,000 and a coupon of $50 would pay... - Answers $25 every six
months.
Operating income and EBIT are often the same numbers... - Answers unless a company reports some
non-operating income or expense.
Which of the following was NOT one of the tips covered in class regarding working in groups? -
Answers Elect a president (or a leader) and a secretary ( or note taker).
The local startup covered in class that uses an app to help small businesses stay in touch with their
customers is... - Answers Townee
Investors are always anxious about the burn rate for startup and growing companies. What is that? -
Answers It's how much cash the company is "burning through" during a given period, such as a month
or quarter.
Probably somewhat surprising from the class session in entrepreneurial finance was this: - Answers
Less than 1.0% of startups raise venture capital.
Venture capitalists are usually... - Answers professionals collaborating inside a formal venture capital
firm.
Which of the following is not an important advantage of debt financing? - Answers The firm owner
can cancel the debt within six months with no penalty.
Angel investors are usually... - Answers an individual investor.
Interest rates and bond prices are... - Answers inversely related.
According to class session, the target capital structure is... - Answers the mix of debt and equity the
company wants to use to finance a project.
It makes good sense that a company's basic return on assets should be greater than... - Answers its
cost of capital.
What are the three basic choices for investments, according to class presentation? - Answers cash,
bonds, stocks
The finance professional who is primarily responsible for arranging external financing and managing
relationships with banks and other financial institutions is the - Answers Treasurer
Which of the following would be considered an External Collaboration for the finance and treasury
areas?
I. Internal Audit
II. Accounts Receivable
III. Financial Markets
IV. Suppliers and Customers
V. Regulatory Agencies - Answers III, IV and V only
What is the traditional financial goal we use for publicly traded corporations in the U.S.? - Answers
Maximize shareholder wealth
What is the definition of the Cash Conversion Cycle? - Answers The time it takes to convert a cash
outflow into a cash inflow.
Ensuring the company's ability to meet current and future financial obligations in a timely and cost-
effective manner is related to which of the following treasury management objectives? - Answers
Maintain liquidity
To simplify what an investment management career is all about, it might be helpful to consider it as...
- Answers helping clients invest their money or wealth.
According to class session, one way to think about investment banking is... - Answers that it is a lot
about deal making.
Handshake is... - Answers a platform for connecting Kelley students with recruiters.
According to class session, a lot of the work in commercial banking is sort of... - Answers the mirror
equivalent of work in corporate finance.
Kelley Connect is... - Answers a site of many resources available for Kelley students.
If you become a finance major, how many courses are the minimum required for electives? - Answers
Four typical courses, worth at least 12 credits.
This important credential for finance professional s requires completing three, six-hour exams. -
Answers CFA
The workshops we will continue discussing in F100 are managed by the finance department, except
for consulting. The Consulting Workshop is managed by... - Answers the Business Law and Ethics
department.
During multiple class sessions, instructors noted that the most important step freshman should take
right now is... - Answers to learn how to study at IU and make good grades.
If you have questions about your degree requirements, you should... - Answers speak with your
Kelley academic advisor.
We looked at financial statements quickly online at Yahoo! Finance. There, we discovered that TTM is
short for... - Answers trailing twelve months.
It's important for the resume for you to demonstrate you have some kind of engagement at IU, even
though you will have been on campus for only a few weeks. In class sessions, we further explained
that... - Answers you don't have to join just a business or finance club. Exploring other kinds of groups
at IU will be just fine.
The resume assignment is due... - Answers on February 27 at 11:59 PM.
Freshmen in the course should use which format for the resume assignment? - Answers The
freshman resume example from UCS.
One of the recommended sites for investing and markets was Seeking Alpha, a sort of crowd-sourced
site for stock analysis. The "alpha" in the name is a reference to... - Answers Jensen's alpha.
Financial managers generally demand that anything their company invests in must return at least
some minimally acceptable rate. According to a recent class session, the rate that must be met or
surpassed is also called... - Answers a hurdle rate.
All companies that have publicly traded stock submit an annual report to the SEC. This report is
called... - Answers a 10-K.
The accounting identity or equation is... - Answers assets = liabilities + equity.
GAAP references... - Answers the standard accounting rules and conventions used, mostly in the US.
According to a recent class session, accounting is great at bringing attention to revenue, expenses,
and profits. Finance focuses more on... - Answers cash flow.
, Earnings per share (EPS) indicates... - Answers the amount or company profit per share of common
stock.
Based on class sessions, restructuring refers to... - Answers changing the company's capital structure -
its proportion of equity and debt used to finance assets.
An important early insight by financial manager looking over the D'Leon financial statements... -
Answers was the realization that the fourth quarter performance was pretty good.
Using the select financial information in the table below, what is this current ratio? - Answers about
4.5
Using the select financial information in the table below, what is this company's return on equity
(ROE)? - Answers about 28%
According to class presentations, what is financial intermediation? - Answers It is the service of
transferring of capital from savers to users.
This person founded the first investment bank in Philadelphia in order to help fund the American Civil
War. - Answers Jay Cooke
The business bankruptcy chapter that is used if a business is considered to be worth more alive than
dead is: - Answers Chapter 11
Which of the following is NOT considered part of Monetary Policy? - Answers Government Spending
Which of the following federal regulations created the Federal Deposit Insurance Corporation (FDIC)?
- Answers Glass-Steagall Act
The difference between the interest rate at which a bank lends to borrowers and the interest rate the
bank pays to depositors is known as: - Answers Net Interest Margin
What are the key services that a commercial bank must provide?
I. Charge high fees for accounts
II. Accept deposits
III. Provide safety deposit boxes
IV. Make commercial loans
V. Have both a lobby and a drive-through - Answers II & IV
The mix between fixed-income (debt) and equity (stock) is a key decision in the management of a
long-term portfolio and is known as (according to class presentations)... - Answers asset allocation.
According to class presentation, a REPO is... - Answers an agreement by a bank to sell a security for
some cash and then buy it back later at a slightly higher price.
A bond that has a face value of $1,000 and a coupon of $50 would pay... - Answers $25 every six
months.
Operating income and EBIT are often the same numbers... - Answers unless a company reports some
non-operating income or expense.
Which of the following was NOT one of the tips covered in class regarding working in groups? -
Answers Elect a president (or a leader) and a secretary ( or note taker).
The local startup covered in class that uses an app to help small businesses stay in touch with their
customers is... - Answers Townee
Investors are always anxious about the burn rate for startup and growing companies. What is that? -
Answers It's how much cash the company is "burning through" during a given period, such as a month
or quarter.
Probably somewhat surprising from the class session in entrepreneurial finance was this: - Answers
Less than 1.0% of startups raise venture capital.
Venture capitalists are usually... - Answers professionals collaborating inside a formal venture capital
firm.
Which of the following is not an important advantage of debt financing? - Answers The firm owner
can cancel the debt within six months with no penalty.
Angel investors are usually... - Answers an individual investor.
Interest rates and bond prices are... - Answers inversely related.
According to class session, the target capital structure is... - Answers the mix of debt and equity the
company wants to use to finance a project.
It makes good sense that a company's basic return on assets should be greater than... - Answers its
cost of capital.
What are the three basic choices for investments, according to class presentation? - Answers cash,
bonds, stocks
