<\/p>\n
Help with 22 multiple choice questions<\/p>\n
<\/p>\n
1. Day-to-day cash management is one of the fundamental concepts that a nonfinancial manager should understand in order to:<\/p>\n
a. better assess future financing requirements. <\/p>\n
b. better understand the role of capital markets in raising long-term funds.<\/p>\n
c. better assess the current environment in which the firm operates. <\/p>\n
d. better measure and create value for the shareholders. <\/p>\n
2.The cash flow cycle ________. <\/p>\n
a. describes the flow of cash through a company <\/p>\n
b. illustrates that profits and cash flows are the same <\/p>\n
c. reminds a financial manager that profits are important <\/p>\n
d. focuses on financing activities only <\/p>\n
3.Raising new capital through the sale of common equity is an example of which cash-related activity in the cash flow cycle?<\/p>\n
a. operating activity<\/p>\n
b. profitability activity <\/p>\n
c. investing activity <\/p>\n
d. financing activity <\/p>\n
4.The main duties of financial managers are ________. <\/p>\n
a. assessing the current business situation and future financing needs <\/p>\n
b. developing long-term financing strategies <\/p>\n
c. assessing future investments <\/p>\n
d. all of the above <\/p>\n
5.The true owners of the corporation are the ________. <\/p>\n
a. holders of debt issues of the firm <\/p>\n
b. board of directors of the firm <\/p>\n
c. creditors <\/p>\n
d. common stockholders <\/p>\n
6.Which of the following factors enable a public corporation to grow to a greater extent, and perhaps at a faster rate, than a partnership or proprietorship?<\/p>\n
a. access to the capital markets <\/p>\n
b. unlimited liability of the shareholders <\/p>\n
c. limited life <\/p>\n
d. elimination of double taxation corporate income <\/p>\n
7.Which of the following factors enable a public corporation to grow to a greater extent, and perhaps at a faster rate, than a partnership or proprietorship?<\/p>\n
a. access to the capital markets<\/p>\n
b. unlimited liability of the shareholders <\/p>\n
c. limited life <\/p>\n
d. elimination of double taxation corporate income <\/p>\n
8.The ________ measure a firm\u2019s performance over a specified period of time whereas a ________ provides a snapshot of the firm as of a specific date.<\/p>\n
a. income and balance sheets; cash flow statement <\/p>\n
b. balance sheet and cash flow statement; income statement <\/p>\n
c. income and cash flow statements; balance sheet <\/p>\n
d. none of the choices are correct <\/p>\n
9.A comprehensive nonfinancial size-up is ________. a. <\/p>\n
a critical component in analyzing the firm\u2019s strengths and weaknesses <\/p>\n
b. critical in understanding the firm\u2019s historical position <\/p>\n
c. critical in anticipating future financing needs <\/p>\n
d. all of the above <\/p>\n
10.The two key external factors that impact the firm\u2019s cash flows are ________. <\/p>\n
a. the overall economy and future financing needs <\/p>\n
b. the overall economy and the nature and structure of the industry <\/p>\n
c. the level of interest rates and working capital requirements <\/p>\n
d. working capital requirements and growth projections <\/p>\n
11.The financial management framework focuses on which three areas of decision-making? <\/p>\n
a. operating, investing, and profitability <\/p>\n
b. profitability, financing, and investing <\/p>\n
c. investing, financing, and operating <\/p>\n
d. operating, financing, and profitability <\/p>\n
12.The overall goal in sizing-up each of the external and internal factors is to ________. <\/p>\n
a. determine the competitive position of the firm relative to its competitors <\/p>\n
b. increase the value of the enterprise <\/p>\n
c. assess the company\u2019s strengths and weaknesses <\/p>\n
d. make better investment decisions <\/p>\n
13.Which of the following is NOT a component of GDP? <\/p>\n
a. consumer sector <\/p>\n
b. business investment sector <\/p>\n
c. government sector <\/p>\n
d. healthcare sector <\/p>\n
14.If the firm\u2019s management is assessing the economics of their business model, they are engaged in which of the four areas of human resources management?<\/p>\n
a. business intelligence<\/p>\n
b. strategic intelligence <\/p>\n
c. organizational intelligence <\/p>\n
d. people intelligence <\/p>\n
15.Other factors to consider in the management analysis include ________. <\/p>\n
a. the size and current growth stage of the firm <\/p>\n
b. the leadership skills of the management team <\/p>\n
c. the commitment and loyalty of the management team <\/p>\n
d. all of the above <\/p>\n
16.There are a number of key management attributes that are required to improve a firm\u2019s chances of business success which include ________.<\/p>\n
a. managers with expertise and technical knowledge in the functional areas <\/p>\n
b. middle managers with leadership potential <\/p>\n
c. managers with experience in the industry in which the firm operates <\/p>\n
d. all of the above <\/p>\n
17. A firm is evaluating the best means to have a positive impact on potential buyers. Which one of the four P\u2019s is the firm addressing?<\/p>\n
a. product <\/p>\n
b. price <\/p>\n
c. place <\/p>\n
d. promotion <\/p>\n
18. A PEST analysis involves an analysis of which of these factors? <\/p>\n
a. technological, societal, economic factors, and potential threats <\/p>\n
b. societal, technological, political, and economic factors <\/p>\n
c. strengths, threats, economic and political factors <\/p>\n
d. strengths, threats, potential opportunities, and external environment factors <\/p>\n
19.Which of the following is NOT considered to be one of Michael Porter\u2019s Five Forces? <\/p>\n
a. threat of new entrants <\/p>\n
b. bargaining power of suppliers <\/p>\n
c. threat of substitute products or services <\/p>\n
d. diminished rivalry among current competitors <\/p>\n
20.Which of the following is the least liquid current asset? <\/p>\n
a. accruals <\/p>\n
b. accounts receivable <\/p>\n
c. marketable securities <\/p>\n
d. inventory <\/p>\n
21.Which of the following best represents operating income? <\/p>\n
a. income after financing activities <\/p>\n
b. earnings before interest and taxes <\/p>\n
c. income from capital gains <\/p>\n
d. income from discontinued operations <\/p>\n
22. A consolidated balance sheet refers to: <\/p>\n
a. balance sheet of a large firm that has numerous subsidiaries, each with its own balance sheet that have been combining into one all-encompassing balance sheet. <\/p>\n
b.balance sheet of a large firm that has combined the balance sheets fo all wholly owned and some partially owned subsidiaries into one separate balance sheet. <\/p>\n
c. balance sheet of a large firm that has combined the balance sheet of all partially owned subsidiaries into one separate balance sheet. <\/p>\n
d. all of the above <\/p>\n
23.Which of the basic financial statements is best used to answer the question, \u201cHow profitable is the business?\u201d<\/p>\n
a. balance sheet <\/p>\n
b. income statement <\/p>\n
c. statement of shareholders\u2019 equity <\/p>\n
d. accounts receivable aging<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Help with 22 multiple choice questions 1. Day-to-day cash management is one of the fundamental concepts that a nonfinancial manager should understand in order to: a. better assess future financing requirements. b. better understand the role of capital markets in raising long-term funds. c. better assess the current environment in which the firm operates. d. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/273180"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=273180"}],"version-history":[{"count":0,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/273180\/revisions"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=273180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=273180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=273180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}