FIN 301 SCRIPT 2026 ACADEMIC RESOURCE COMPLETE FINANCE MATERIAL AND SOLVED ITEMS

FIN 301 SCRIPT 2026 ACADEMIC
RESOURCE COMPLETE FINANCE MATERIAL
AND SOLVED ITEMS

◉ Which of the following duties do NOT fall under the CFO's role as
Treasurer?.
Answer: Audits


◉ Which of the following is an example of a Short-Term Asset?.
Answer: Cash


◉ The __________ is considered one of the CFO's traditional
responsibilities as financial engineer..
Answer: Controller functions


◉ True or False: In addition to overseeing the functions of the
Treasurer and Controller, the CFO hedges risks and insures that
capital is available to fund strategic plans..
Answer: True


◉ Working Capital is best described as.
Answer: The short-term financial position of a firm

, ◉ Why is investing in long-term assets important?.
Answer: It allows companies to grow their revenue in the long run


◉ Which of the following is a major disadvantage of the corporate
organizational form?.
Answer: Double taxation on the corporate and investor level


◉ Which of the following is an example of an external control
mechanism?.
Answer: Carl Icahn attempting a hostile takeover for 89% control of
U.S. Steel for $7 Billion after finally being rebuffed by CEO David
Roderick


◉ What is the current price per barrel of WTI crude oil?.
Answer: $53


◉ What enhances shareholder value?.
Answer: A company experiences strong revenue growth


A company increases their market share in their product industry


A company raises their return on equity