Chapter 01 n
1.
Whichnonenofnthesenisnancorrectndefinition?
A.
Netnworkingncapitalnequalsncurrentnassetsnplusncurrentnliabilities.
B.
Currentnliabilitiesnarendebtsnthatnmustnbenrepaidninn18nmonthsnornless.
C.
Currentnassetsnarenassetsnwithnshortnlives,nsuchnasninventory.
D.
Long-termndebtnisndefinednasnanresidualnclaimnonnanfirm’snassets.
E.
Tangiblenassetsnarenfixednassetsnsuchnasnpatents.
,2.
Thencorporatencontrollernisngenerallynresponsiblenfornwhichnonenofnthesenfunctions?
A.
capitalnexpenditures
B.
cashnmanagement
C.
taxnreporting
D.
financialnplanning
E.
creditnmanagement
3.
Thencorporatentreasurernoverseesnwhichnonenofnthesenareas?
A.
financialnplanning
B.
costn accounting
C.
taxnreporting
D.
informationnsystems
E.
financialnaccounting
,4.
Anfirm’sncapitalnstructurenrefersntonthenfirm’s:
A.
mixturenofnvariousntypesnofnproductionnequipment.
B.
investmentnselectionsnfornitsnexcessncashnreserves.
C.
combinationnofncashnandncashnequivalents.
D.
combinationnofnaccountsnappearingnonnthenleftnsidenofnitsnbalancensheet.
E.
proportionsnofnfinancingnfromncurrentnandnlong-termndebtnandnequity.
5.
Short-termnfinancendealsnwith:
A.
thentimingnofncashnflows.
B.
acquiringnandnsellingnfixednassets.
C.
financingnlong-termnprojects.
D.
capitalnbudgeting.
E.
issuingnadditionalnsharesnofncommonnstock.
, 6.
Whichnonenofnthesenbestnfitsnthendescriptionnofnannagencyncost?
A.
increasingnthendividendnpaymentsnpernshare
B.
thenbenefitsnreceivednfromnreducingnproductionncostsnpernunit
C.
thenpaymentnofncorporatenincomentaxes
D.
thenpaymentnrequirednfornannoutsidenauditnofnthenfirm
E.
thenpaymentnofninterestnonnanfirm’sndebts
7.
Whichnonenofnthesenaccountsnisnincludedninnnetnworkingncapital?
A.
copyright
B.
manufacturingnequipment
C.
commonnstock
D.
long-termndebt
E.
inventory
1.
Whichnonenofnthesenisnancorrectndefinition?
A.
Netnworkingncapitalnequalsncurrentnassetsnplusncurrentnliabilities.
B.
Currentnliabilitiesnarendebtsnthatnmustnbenrepaidninn18nmonthsnornless.
C.
Currentnassetsnarenassetsnwithnshortnlives,nsuchnasninventory.
D.
Long-termndebtnisndefinednasnanresidualnclaimnonnanfirm’snassets.
E.
Tangiblenassetsnarenfixednassetsnsuchnasnpatents.
,2.
Thencorporatencontrollernisngenerallynresponsiblenfornwhichnonenofnthesenfunctions?
A.
capitalnexpenditures
B.
cashnmanagement
C.
taxnreporting
D.
financialnplanning
E.
creditnmanagement
3.
Thencorporatentreasurernoverseesnwhichnonenofnthesenareas?
A.
financialnplanning
B.
costn accounting
C.
taxnreporting
D.
informationnsystems
E.
financialnaccounting
,4.
Anfirm’sncapitalnstructurenrefersntonthenfirm’s:
A.
mixturenofnvariousntypesnofnproductionnequipment.
B.
investmentnselectionsnfornitsnexcessncashnreserves.
C.
combinationnofncashnandncashnequivalents.
D.
combinationnofnaccountsnappearingnonnthenleftnsidenofnitsnbalancensheet.
E.
proportionsnofnfinancingnfromncurrentnandnlong-termndebtnandnequity.
5.
Short-termnfinancendealsnwith:
A.
thentimingnofncashnflows.
B.
acquiringnandnsellingnfixednassets.
C.
financingnlong-termnprojects.
D.
capitalnbudgeting.
E.
issuingnadditionalnsharesnofncommonnstock.
, 6.
Whichnonenofnthesenbestnfitsnthendescriptionnofnannagencyncost?
A.
increasingnthendividendnpaymentsnpernshare
B.
thenbenefitsnreceivednfromnreducingnproductionncostsnpernunit
C.
thenpaymentnofncorporatenincomentaxes
D.
thenpaymentnrequirednfornannoutsidenauditnofnthenfirm
E.
thenpaymentnofninterestnonnanfirm’sndebts
7.
Whichnonenofnthesenaccountsnisnincludedninnnetnworkingncapital?
A.
copyright
B.
manufacturingnequipment
C.
commonnstock
D.
long-termndebt
E.
inventory
