FNAN522-010_840-202160 Adv Financial Mgmt
and Policy Meta Course
Started on Sunday, 27 June 2021, 12:28 AM
State Finished
Completed on Sunday, 27 June 2021, 12:59 AM
Time taken 30 mins 49 secs
Marks 30.00/30.00
Grade 210.00 out of 210.00 (100%)
Question 1 A company needs to raise cash to cover its operating expenses. The company will only need the funds for a
Correct short period of time. Which financial market is the most appropriate for the company use to raise money (that is,
likely the lowest cost and best-matched maturity)?
Mark 1.00 out of
1.00
Select one:
a. Money market
b. Capital market
c. Derivative market
d. All of these answers
The correct answer is: Money market
Question 2 What is the primary goal of the Sarbanes-Oxley act according to the Module 1 video "The Goal of Financial
Correct Management"?
Mark 1.00 out of
Select one:
1.00
a. To protect investors from corporate abuse.
b. To protect corporate executives from frivolous shareholder lawsuits.
c. To help maintain a primary bull market.
d. To prevent a secular bear market.
The correct answer is: To protect investors from corporate abuse.
, Question 3 Which of the following is an accurate characteristic of a sole proprietorship?
Correct
Mark 1.00 out of
Select one:
1.00 a. The owner is personally liable for the business's debt and obligations.
b. There is more than one owner.
c. The owner must file a separate tax return for the business.
d. A sole proprietorship typically elects board members for staggered terms.
The correct answer is: The owner is personally liable for the business's debt and obligations.
Question 4 Which of the following is a source of agency costs in an organization?
Correct
Mark 1.00 out of
Select one:
1.00 a. The managers of the organization have different objectives than the other shareholders.
b. Parties associated with the organization have different risk preferences.
c. All of these answers.
d. The people who make the day-to-day decisions are not the owners.
The correct answer is: All of these answers.
Question 5 Which of the following occurred during the financial crisis of 2007-2008?
Correct
Select one:
Mark 1.00 out of
1.00 a. A currency crisis, with investors transferring their wealth to countries with stronger
currencies.
b. Several major institutions failed or were subject to government takeover.
c. Significant declines in consumer wealth and prolonged unemployment.
d. All of these answers
The correct answer is: All of these answers
and Policy Meta Course
Started on Sunday, 27 June 2021, 12:28 AM
State Finished
Completed on Sunday, 27 June 2021, 12:59 AM
Time taken 30 mins 49 secs
Marks 30.00/30.00
Grade 210.00 out of 210.00 (100%)
Question 1 A company needs to raise cash to cover its operating expenses. The company will only need the funds for a
Correct short period of time. Which financial market is the most appropriate for the company use to raise money (that is,
likely the lowest cost and best-matched maturity)?
Mark 1.00 out of
1.00
Select one:
a. Money market
b. Capital market
c. Derivative market
d. All of these answers
The correct answer is: Money market
Question 2 What is the primary goal of the Sarbanes-Oxley act according to the Module 1 video "The Goal of Financial
Correct Management"?
Mark 1.00 out of
Select one:
1.00
a. To protect investors from corporate abuse.
b. To protect corporate executives from frivolous shareholder lawsuits.
c. To help maintain a primary bull market.
d. To prevent a secular bear market.
The correct answer is: To protect investors from corporate abuse.
, Question 3 Which of the following is an accurate characteristic of a sole proprietorship?
Correct
Mark 1.00 out of
Select one:
1.00 a. The owner is personally liable for the business's debt and obligations.
b. There is more than one owner.
c. The owner must file a separate tax return for the business.
d. A sole proprietorship typically elects board members for staggered terms.
The correct answer is: The owner is personally liable for the business's debt and obligations.
Question 4 Which of the following is a source of agency costs in an organization?
Correct
Mark 1.00 out of
Select one:
1.00 a. The managers of the organization have different objectives than the other shareholders.
b. Parties associated with the organization have different risk preferences.
c. All of these answers.
d. The people who make the day-to-day decisions are not the owners.
The correct answer is: All of these answers.
Question 5 Which of the following occurred during the financial crisis of 2007-2008?
Correct
Select one:
Mark 1.00 out of
1.00 a. A currency crisis, with investors transferring their wealth to countries with stronger
currencies.
b. Several major institutions failed or were subject to government takeover.
c. Significant declines in consumer wealth and prolonged unemployment.
d. All of these answers
The correct answer is: All of these answers