Test Bank for Corporate Finance
13th Edition By Stephen Ross, Randolph Westerfield,
Chapters 1 - 21, Complete
Versiongt 1
1
,Chaptergt1
Studentgtname:_gt
MULTIPLEgtCHOICEgt-
gtChoosegtthegtonegtalternativegtthatgtbestgtcompletesgtthegtstatementgtorgtanswersgtthegtquestion.
1) Generally,gtamonggtthosegtwhogtreportgtdirectlygttogtthe
aregtthegttreasurergtandgtthegtcontrollergtofgtagtcorporation.
A) boardgtofgtdirectors
B) chairpersongtofgtthegtboard
C) chiefgtexecutivegtofficer
D) president
E) chiefgtfinancialgtofficer
2) Agttypicalgtchaingtofgtcommandgt ingtagtcorporationgtisgtdescribedgtbygtwhichgtonegtofgtthegt follo
winggst tatements?
A) Thegtinformationgtsystemsgtmanagergtreportsgttogtthegttreasurer.
B) Thegtcreditgt managergtreportsgttogtthegttreasurer.
C) Thegtcontrollergtreportsgttogtthegtchiefgtexecutivegtofficer.
D) Thegttaxgtmanagergtreportsgttogtthegttreasurer.
E) Thegtcapitalgtexpendituresgtmanagergtreportsgttogtthegtcontroller.
3) Answeringgtwhichgtonegtofgtthegtfollowinggtquestionsgtinvolvesgtmakinggtagtcapitalgtbudge
tinggtdecision?
Versiongt 2
1
, A) Howgtmuchgtdebtgtshouldgtthegtfirmgtborrowgtfromgtagtparticulargt lender?
B) Shouldgtthegtfirmgtbuildgtagtnewgtproductiongtfacility?
C) Shouldgtthegtfirmgtissuegtnewgtequitygttogtpaygtforgtitsgtgrowthgtgoals?
D) Howgtmuchgtinventorygtshouldgtthegt firmgtkeepgtongthand?
E) Howgtmuchgtcreditgtshouldgtthegtfirmgtextendgttogtagtparticulargtcustomer?
4) Whichgtonegtofgtthegt followinggtstatementsgtisgtaccurate?
A) Netgtworkinggtcapitalgtequalsgtcurrentgtassetsgtplusgtcurrentgtliabilities.
B) Currentgtliabilitiesgtaregtdebtsgtthatgtmustgtbegtrepaidgtingt18gtmonthsgtorgtless.
C) Currentgtassetsgtaregtassetsgtwithgtshortgtlives,gtsuchgtasgtaccountsgtreceivable.
D) Long-termgtdebtgt isgtdefinedgtasgtagtresidualgtclaimgtongtagtfirm’sgtassets.
E) Tangiblegtassetsgtaregtfixedgtassetsgtsuchgtasgtpatents.
5) Amonggtthegttypicalgtresponsibilitiesgtofgtthegtcorporategtcontrollergt is:
A) capitalgtexpendituresgtmanagement.
B) cashgtmanagement.
C) taxgtreporting.
D) financialgtplanning.
E) creditgtmanagement.
6) gt isgttypicallygtthegtresponsibilitygtofgtthegtcorporategttreasurer.
A) Financialgtplanning
B) Costgtaccounting
C) Taxgtreporting
D) Informationgtsystems
E) Financialgtaccounting
7) Agtfirm’s define(s)gt itsgtcapitalgtstructure.
Versiongt 3
1
, A) mixturegtofgtvariousgttypesgtofgtproductiongtequipment
B) investmentgtselectionsgtforgtitsgtexcessgtcashgtreserves
C) combinationgtofgtcashgtandgtcashgtequivalents
D) combinationgtofgtaccountsgtappearinggtongtthegtleftgtsidegtofgtitsgtbalancegtsheet
E) proportionsgtofgtfinancinggtfromgtdebtgtandgtequity
8) Thegtfocusgtofgtshort-termgtfinancegtisgton:
A) thegttiminggtofgtcashgtflows.
B) acquiringgtandgtsellinggtfixedgtassets.
C) financinggtlong-termgtprojects.
D) capitalgtbudgeting.
E) issuinggtadditionalgtsharesgtofgtcommongtstock.
9) Netgtworkinggtcapitalgtincludes:
A) copyrights.
B) manufacturinggtequipment.
C) commongtstock.
D) long-termgtdebt.
E) inventory.
10) gt isgtdefinedgtasgtplanninggtandgtmanaginggtagtfirm’sgtlong-termgtassets.
A) Workinggtcapitalgtmanagement
B) Cashgtmanagement
C) Costgtaccountinggtmanagement
D) Capitalgtbudgeting
E) Capitalgtstructuregtmanagement
11) Angtamountgtthegtfirmsgtowes,gtwhichgtitgtmustgtrepaygtwithingttwelvegtmonths,gt isgtcalledgta(n):
Versiongt 4
1
13th Edition By Stephen Ross, Randolph Westerfield,
Chapters 1 - 21, Complete
Versiongt 1
1
,Chaptergt1
Studentgtname:_gt
MULTIPLEgtCHOICEgt-
gtChoosegtthegtonegtalternativegtthatgtbestgtcompletesgtthegtstatementgtorgtanswersgtthegtquestion.
1) Generally,gtamonggtthosegtwhogtreportgtdirectlygttogtthe
aregtthegttreasurergtandgtthegtcontrollergtofgtagtcorporation.
A) boardgtofgtdirectors
B) chairpersongtofgtthegtboard
C) chiefgtexecutivegtofficer
D) president
E) chiefgtfinancialgtofficer
2) Agttypicalgtchaingtofgtcommandgt ingtagtcorporationgtisgtdescribedgtbygtwhichgtonegtofgtthegt follo
winggst tatements?
A) Thegtinformationgtsystemsgtmanagergtreportsgttogtthegttreasurer.
B) Thegtcreditgt managergtreportsgttogtthegttreasurer.
C) Thegtcontrollergtreportsgttogtthegtchiefgtexecutivegtofficer.
D) Thegttaxgtmanagergtreportsgttogtthegttreasurer.
E) Thegtcapitalgtexpendituresgtmanagergtreportsgttogtthegtcontroller.
3) Answeringgtwhichgtonegtofgtthegtfollowinggtquestionsgtinvolvesgtmakinggtagtcapitalgtbudge
tinggtdecision?
Versiongt 2
1
, A) Howgtmuchgtdebtgtshouldgtthegtfirmgtborrowgtfromgtagtparticulargt lender?
B) Shouldgtthegtfirmgtbuildgtagtnewgtproductiongtfacility?
C) Shouldgtthegtfirmgtissuegtnewgtequitygttogtpaygtforgtitsgtgrowthgtgoals?
D) Howgtmuchgtinventorygtshouldgtthegt firmgtkeepgtongthand?
E) Howgtmuchgtcreditgtshouldgtthegtfirmgtextendgttogtagtparticulargtcustomer?
4) Whichgtonegtofgtthegt followinggtstatementsgtisgtaccurate?
A) Netgtworkinggtcapitalgtequalsgtcurrentgtassetsgtplusgtcurrentgtliabilities.
B) Currentgtliabilitiesgtaregtdebtsgtthatgtmustgtbegtrepaidgtingt18gtmonthsgtorgtless.
C) Currentgtassetsgtaregtassetsgtwithgtshortgtlives,gtsuchgtasgtaccountsgtreceivable.
D) Long-termgtdebtgt isgtdefinedgtasgtagtresidualgtclaimgtongtagtfirm’sgtassets.
E) Tangiblegtassetsgtaregtfixedgtassetsgtsuchgtasgtpatents.
5) Amonggtthegttypicalgtresponsibilitiesgtofgtthegtcorporategtcontrollergt is:
A) capitalgtexpendituresgtmanagement.
B) cashgtmanagement.
C) taxgtreporting.
D) financialgtplanning.
E) creditgtmanagement.
6) gt isgttypicallygtthegtresponsibilitygtofgtthegtcorporategttreasurer.
A) Financialgtplanning
B) Costgtaccounting
C) Taxgtreporting
D) Informationgtsystems
E) Financialgtaccounting
7) Agtfirm’s define(s)gt itsgtcapitalgtstructure.
Versiongt 3
1
, A) mixturegtofgtvariousgttypesgtofgtproductiongtequipment
B) investmentgtselectionsgtforgtitsgtexcessgtcashgtreserves
C) combinationgtofgtcashgtandgtcashgtequivalents
D) combinationgtofgtaccountsgtappearinggtongtthegtleftgtsidegtofgtitsgtbalancegtsheet
E) proportionsgtofgtfinancinggtfromgtdebtgtandgtequity
8) Thegtfocusgtofgtshort-termgtfinancegtisgton:
A) thegttiminggtofgtcashgtflows.
B) acquiringgtandgtsellinggtfixedgtassets.
C) financinggtlong-termgtprojects.
D) capitalgtbudgeting.
E) issuinggtadditionalgtsharesgtofgtcommongtstock.
9) Netgtworkinggtcapitalgtincludes:
A) copyrights.
B) manufacturinggtequipment.
C) commongtstock.
D) long-termgtdebt.
E) inventory.
10) gt isgtdefinedgtasgtplanninggtandgtmanaginggtagtfirm’sgtlong-termgtassets.
A) Workinggtcapitalgtmanagement
B) Cashgtmanagement
C) Costgtaccountinggtmanagement
D) Capitalgtbudgeting
E) Capitalgtstructuregtmanagement
11) Angtamountgtthegtfirmsgtowes,gtwhichgtitgtmustgtrepaygtwithingttwelvegtmonths,gt isgtcalledgta(n):
Versiongt 4
1
