FIN 100 QUIZ 1
• Question 1
0 out of 2.5 points
The is primarily responsible for the amount of money
that is created, although most of the money is actually created by
depository institutions.
Selected
Answer: Federal Reserve
System
Correct
Answer: Federal Treasury
• Question 2
2.5 out of 2.5 points
The goal of the financial manager in a profit-seeking organization is to
maximize:
Selected
Answer: the owners’
wealth.
Correct
Answer: the owners’
wealth.
• Question 3
2.5 out of 2.5 points
Finance is:
, Selected
Answer: the study of how individuals, institutions, governments, and
businesses acquire, spend, and manage money and other
financial assets
Correct
Answer: the study of how individuals, institutions, governments, and
businesses acquire, spend, and manage money and other
financial assets
• Question 4
2.5 out of 2.5 points
The study of how growth-driven, performance-focused, early stage firms
raise financial capital and manage operations and assets is called:
Selected
Answer: entrepreneurial
finance
Correct
Answer: entrepreneurial
finance
• Question 5
2.5 out of 2.5 points
behavior refers to how an individual or organization treats
others legally, fairly, and honestly.
Selected
Answer: Ethic
al
Correct
Answer: Ethic
al
• Question 6
2.5 out of 2.5 points
An effective financial system needs:
• Question 1
0 out of 2.5 points
The is primarily responsible for the amount of money
that is created, although most of the money is actually created by
depository institutions.
Selected
Answer: Federal Reserve
System
Correct
Answer: Federal Treasury
• Question 2
2.5 out of 2.5 points
The goal of the financial manager in a profit-seeking organization is to
maximize:
Selected
Answer: the owners’
wealth.
Correct
Answer: the owners’
wealth.
• Question 3
2.5 out of 2.5 points
Finance is:
, Selected
Answer: the study of how individuals, institutions, governments, and
businesses acquire, spend, and manage money and other
financial assets
Correct
Answer: the study of how individuals, institutions, governments, and
businesses acquire, spend, and manage money and other
financial assets
• Question 4
2.5 out of 2.5 points
The study of how growth-driven, performance-focused, early stage firms
raise financial capital and manage operations and assets is called:
Selected
Answer: entrepreneurial
finance
Correct
Answer: entrepreneurial
finance
• Question 5
2.5 out of 2.5 points
behavior refers to how an individual or organization treats
others legally, fairly, and honestly.
Selected
Answer: Ethic
al
Correct
Answer: Ethic
al
• Question 6
2.5 out of 2.5 points
An effective financial system needs:
