Test Bank for Corporate Finance
13th Edition By Stephen Ross, Randolph Westerfield,
Chapters 1 - 21, Complete
Versionwa 1
1
,Chapterwa1
Studentwaname:_wa
MULTIPLEwaCHOICEwa-
waChoosewathewaonewaalternativewathatwabestwacompleteswathewastatementwaorwaanswerswathewaquestio
n.
1) Generally,waamongwathosewawhowareportwadirectlywatowathe
arewathewatreasurerwaandwathewca ontrollerwaofwaawacorporation.
A) boardwaofwadirectors
B) chairpersonwaofwathewaboard
C) chiefwaexecutivewaofficer
D) president
E) chiefwafinancialwaofficer
2) Awatypicalwachainwaofwacommandwainwaawacorporationwaiswadescribedwabywawhichwaonewaofwath
ewafollowingwsa tatements?
A) Thewainformationwasystemswamanagerwareportswatowathewatreasurer.
B) Thewacreditwamanagerwareportswatowathewatreasurer.
C) Thewacontrollerwareportswatowathewachiefwaexecutivewaofficer.
D) Thewataxwamanagerwareportswatowathewatreasurer.
E) Thewacapitalwaexpenditureswamanagerwareportswatowathewacontroller.
3) Answeringwawhichwaonewaofwathewafollowingwaquestionswainvolveswamakingwaawacapitalwab
udgetingwda ecision?
Versionwa 2
1
, A) Howwamuchwadebtwashouldwathewafirmwaborrowwafromwaawaparticularwalender?
B) Shouldwathewafirmwabuildwaawanewwaproductionwafacility?
C) Shouldwathewafirmwaissuewanewwaequitywatowapaywaforwaitswagrowthwagoals?
D) Howwamuchwainventorywashouldwathewafirmwakeepwaonwahand?
E) Howwamuchwacreditwashouldwathewafirmwaextendwatowaawaparticularwacustomer?
4) Whichwaonewaofwathewafollowingwastatementswaiswaaccurate?
A) Netwaworkingwacapitalwaequalswacurrentwaassetswapluswacurrentwaliabilities.
B) Currentwaliabilitieswaarewadebtswathatwamustwabewarepaidwainwa18wamonthswaorwaless.
C) Currentwaassetswaarewaassetswawithwashortwalives,wasuchwaaswaaccountswareceivable.
D) Long-termwadebtwaiswadefinedwaaswaawaresidualwaclaimwaonwaawafirm’swaassets.
E) Tangiblewaassetswaarewafixedwaassetswasuchwaaswapatents.
5) Amongwathewatypicalwaresponsibilitieswaofwathewacorporatewacontrollerwais:
A) capitalwaexpenditureswamanagement.
B) cashwamanagement.
C) taxwareporting.
D) financialwaplanning.
E) creditwamanagement.
6) wa iswatypicallywathewaresponsibilitywaofwathewacorporatewatreasurer.
A) Financialwaplanning
B) Costwaaccounting
C) Taxwareporting
D) Informationwasystems
E) Financialwaaccounting
7) Awafirm’s define(s)waitswacapitalwastructure.
Versionwa 3
1
, A) mixturewaofwavariouswatypeswaofwaproductionwaequipment
B) investmentwaselectionswaforwaitswaexcesswacashwareserves
C) combinationwaofwacashwaandwacashwaequivalents
D) combinationwaofwaaccountswaappearingwaonwathewaleftwasidewaofwaitswabalancewasheet
E) proportionswaofwafinancingwafromwadebtwaandwaequity
8) Thewafocuswaofwashort-termwafinancewaiswaon:
A) thewatimingwaofwacashwaflows.
B) acquiringwaandwasellingwafixedwaassets.
C) financingwalong-termwaprojects.
D) capitalwabudgeting.
E) issuingwaadditionalwashareswaofwacommonwastock.
9) Netwaworkingwacapitalwaincludes:
A) copyrights.
B) manufacturingwaequipment.
C) commonwastock.
D) long-termwadebt.
E) inventory.
10) wa iswadefinedwaaswaplanningwaandwamanagingwaawafirm’swalong-termwaassets.
A) Workingwacapitalwamanagement
B) Cashwamanagement
C) Costwaaccountingwamanagement
D) Capitalwabudgeting
E) Capitalwastructurewamanagement
11) Anwaamountwathewafirmswaowes,wawhichwaitwamustwarepaywawithinwatwelvewamonths,waiswacalledwaa
(n):
Versionwa 4
1
13th Edition By Stephen Ross, Randolph Westerfield,
Chapters 1 - 21, Complete
Versionwa 1
1
,Chapterwa1
Studentwaname:_wa
MULTIPLEwaCHOICEwa-
waChoosewathewaonewaalternativewathatwabestwacompleteswathewastatementwaorwaanswerswathewaquestio
n.
1) Generally,waamongwathosewawhowareportwadirectlywatowathe
arewathewatreasurerwaandwathewca ontrollerwaofwaawacorporation.
A) boardwaofwadirectors
B) chairpersonwaofwathewaboard
C) chiefwaexecutivewaofficer
D) president
E) chiefwafinancialwaofficer
2) Awatypicalwachainwaofwacommandwainwaawacorporationwaiswadescribedwabywawhichwaonewaofwath
ewafollowingwsa tatements?
A) Thewainformationwasystemswamanagerwareportswatowathewatreasurer.
B) Thewacreditwamanagerwareportswatowathewatreasurer.
C) Thewacontrollerwareportswatowathewachiefwaexecutivewaofficer.
D) Thewataxwamanagerwareportswatowathewatreasurer.
E) Thewacapitalwaexpenditureswamanagerwareportswatowathewacontroller.
3) Answeringwawhichwaonewaofwathewafollowingwaquestionswainvolveswamakingwaawacapitalwab
udgetingwda ecision?
Versionwa 2
1
, A) Howwamuchwadebtwashouldwathewafirmwaborrowwafromwaawaparticularwalender?
B) Shouldwathewafirmwabuildwaawanewwaproductionwafacility?
C) Shouldwathewafirmwaissuewanewwaequitywatowapaywaforwaitswagrowthwagoals?
D) Howwamuchwainventorywashouldwathewafirmwakeepwaonwahand?
E) Howwamuchwacreditwashouldwathewafirmwaextendwatowaawaparticularwacustomer?
4) Whichwaonewaofwathewafollowingwastatementswaiswaaccurate?
A) Netwaworkingwacapitalwaequalswacurrentwaassetswapluswacurrentwaliabilities.
B) Currentwaliabilitieswaarewadebtswathatwamustwabewarepaidwainwa18wamonthswaorwaless.
C) Currentwaassetswaarewaassetswawithwashortwalives,wasuchwaaswaaccountswareceivable.
D) Long-termwadebtwaiswadefinedwaaswaawaresidualwaclaimwaonwaawafirm’swaassets.
E) Tangiblewaassetswaarewafixedwaassetswasuchwaaswapatents.
5) Amongwathewatypicalwaresponsibilitieswaofwathewacorporatewacontrollerwais:
A) capitalwaexpenditureswamanagement.
B) cashwamanagement.
C) taxwareporting.
D) financialwaplanning.
E) creditwamanagement.
6) wa iswatypicallywathewaresponsibilitywaofwathewacorporatewatreasurer.
A) Financialwaplanning
B) Costwaaccounting
C) Taxwareporting
D) Informationwasystems
E) Financialwaaccounting
7) Awafirm’s define(s)waitswacapitalwastructure.
Versionwa 3
1
, A) mixturewaofwavariouswatypeswaofwaproductionwaequipment
B) investmentwaselectionswaforwaitswaexcesswacashwareserves
C) combinationwaofwacashwaandwacashwaequivalents
D) combinationwaofwaaccountswaappearingwaonwathewaleftwasidewaofwaitswabalancewasheet
E) proportionswaofwafinancingwafromwadebtwaandwaequity
8) Thewafocuswaofwashort-termwafinancewaiswaon:
A) thewatimingwaofwacashwaflows.
B) acquiringwaandwasellingwafixedwaassets.
C) financingwalong-termwaprojects.
D) capitalwabudgeting.
E) issuingwaadditionalwashareswaofwacommonwastock.
9) Netwaworkingwacapitalwaincludes:
A) copyrights.
B) manufacturingwaequipment.
C) commonwastock.
D) long-termwadebt.
E) inventory.
10) wa iswadefinedwaaswaplanningwaandwamanagingwaawafirm’swalong-termwaassets.
A) Workingwacapitalwamanagement
B) Cashwamanagement
C) Costwaaccountingwamanagement
D) Capitalwabudgeting
E) Capitalwastructurewamanagement
11) Anwaamountwathewafirmswaowes,wawhichwaitwamustwarepaywawithinwatwelvewamonths,waiswacalledwaa
(n):
Versionwa 4
1
