The __________ decision involves a determination of the total amount of assets needed, the composition of the assets, an
Posted: Tue Mar 08, 2022 4:10 pm
The __________ decision involves a determination of the total amount of assets needed, the composition of the assets, and whether any assets need to be reduced, eliminated, or replaced.
A. asset management
B. Financing
C. Investment
D. Accounting
Answer : C
You need to understand financial management even if you have no intention of becoming a financial manager. One reason is that the successful manager of the not-too-distant future will need to be much more of a __________ who has the knowledge and ability to move not just vertically within an organization but horizontally as well. Developing __________ will be the rule, not the exception.
A. Specialist; specialties
B. Generalist; general business skills
C. Technician; quantitative skills
D. Team player; cross-functional capabilities
Answer : D
The __________ decision involves determining the appropriate make-up of the righthand side of the balance sheet.
A. asset management
B. Financing
C. Investment
D. Capital budgeting
Answer : B
Which of the following statements is correct regarding profit maximization as the primary goal?
A. Profit maximization considers the risk level
B. Profit maximization will not lead to increasing short-term profits at the expense of lowering expected future profits.
C. Profit maximization does consider the impact on individual shareholder's EPS
D. Profit maximization is concerned more with maximizing net income than the stock price
Answer : D
In negotiating car prices, choosing among various makes, models, and options can make comparison difficult. You can check one of the popular price guides to research used car prices. What is that guide?
A. National Automobile Dealers Association
B. National Automobile manufacturer Association
C. National Automobile vendor Association
D. None of these
Answer : A
A. asset management
B. Financing
C. Investment
D. Accounting
Answer : C
You need to understand financial management even if you have no intention of becoming a financial manager. One reason is that the successful manager of the not-too-distant future will need to be much more of a __________ who has the knowledge and ability to move not just vertically within an organization but horizontally as well. Developing __________ will be the rule, not the exception.
A. Specialist; specialties
B. Generalist; general business skills
C. Technician; quantitative skills
D. Team player; cross-functional capabilities
Answer : D
The __________ decision involves determining the appropriate make-up of the righthand side of the balance sheet.
A. asset management
B. Financing
C. Investment
D. Capital budgeting
Answer : B
Which of the following statements is correct regarding profit maximization as the primary goal?
A. Profit maximization considers the risk level
B. Profit maximization will not lead to increasing short-term profits at the expense of lowering expected future profits.
C. Profit maximization does consider the impact on individual shareholder's EPS
D. Profit maximization is concerned more with maximizing net income than the stock price
Answer : D
In negotiating car prices, choosing among various makes, models, and options can make comparison difficult. You can check one of the popular price guides to research used car prices. What is that guide?
A. National Automobile Dealers Association
B. National Automobile manufacturer Association
C. National Automobile vendor Association
D. None of these
Answer : A