1 of 15
Definition
A) Accountants are focused on what happened in the past.
Give this one a try later!
Which of the following personal decisions is impacted by finance?
A) borrowing money to purchase cars or homes
B) making credit card payments
C) making retirement decisions
D) all of these choices are correct.
Which of the following do not ensure firm viability over the long run?
A) maximizing employment
B) market share
C) profits
D) all of these choices are correct
Which of the following is NOT considered a hybrid organization?
A) S corporation
B) limited liability partnership
, C) limited liability company
D) limited partnership
E) all of these choices are considered hybrid organizations
Which of the following statements is correct?
A) Accountants are focused on what happened in the past.
B) Financial managers are focused on what happened in the past.
C) Both accountants and financial managers use total quality management
systems to standardize data.
D) Financial managers double-check the accountant's statements.
Don't know?
2 of 15
Definition
B) stock options
Give this one a try later!
This is a term to describe non-physical assets like stocks and bonds that get their
value from future cash flows.
A) investment
B) financial asset
C) real asset
D) financial market
All of the following are advantages to organizing as a corporation EXCEPT
A) limited liability.
B) double taxation
C) easy access to capital
D) easy to transfer ownership
Definition
A) Accountants are focused on what happened in the past.
Give this one a try later!
Which of the following personal decisions is impacted by finance?
A) borrowing money to purchase cars or homes
B) making credit card payments
C) making retirement decisions
D) all of these choices are correct.
Which of the following do not ensure firm viability over the long run?
A) maximizing employment
B) market share
C) profits
D) all of these choices are correct
Which of the following is NOT considered a hybrid organization?
A) S corporation
B) limited liability partnership
, C) limited liability company
D) limited partnership
E) all of these choices are considered hybrid organizations
Which of the following statements is correct?
A) Accountants are focused on what happened in the past.
B) Financial managers are focused on what happened in the past.
C) Both accountants and financial managers use total quality management
systems to standardize data.
D) Financial managers double-check the accountant's statements.
Don't know?
2 of 15
Definition
B) stock options
Give this one a try later!
This is a term to describe non-physical assets like stocks and bonds that get their
value from future cash flows.
A) investment
B) financial asset
C) real asset
D) financial market
All of the following are advantages to organizing as a corporation EXCEPT
A) limited liability.
B) double taxation
C) easy access to capital
D) easy to transfer ownership
