Quiz: TOP 49 câu hỏi trắc nghiệm Chapter 1 Goals and Governance of the firm - Tiếng anh chuyên ngành (có đáp án) | Đại học Lâm Nghiệp
Câu hỏi trắc nghiệm
Finance, generally, deals with: I) Money; II) Markets; III) People: I, II and III
This book is mainly about: financial decisions made by corporation
The following are examples of the United States-based corporations except: I) Boeing; II) Microsoft; III) Bank of America; IV) Sony: IV only
The following are examples of foreign-based corporations except: I) British Petroleum; II) General Electric; III) Sony; IV) Volkswagen: II only
Shareholders of a corporation may be, among others: I) Individuals; II) Pension Funds; III) Insurance Companies: I, II and III
Generally, a corporation is owned by the: I) Managers; II) Board of Directors; III) Shareholders: III only
Corporations, potentially, have infinite life because of separation of ownership and management
Limited liability is an important feature of Corporations
As a legal entity a corporation can perform the following functions except: I) borrow money; II) lend money; III) sue and be sued; IV) vote: IV only
Building
The following are examples of tangible assets except:Trademarks
A firm's investment decision is also called the: Capital budgeting decision
The following are examples of financial assets except: Buildings
The treasurer usually oversees the following functions of a corporation except: I) Preparation of financial statements
The treasurer is usually responsible the following functions of a corporation:II) Investor relationships; III) Cash management; IV) raising new capital
The controller usually oversees the following functions of a corporation: I) Preparation of financial statements; II) Internal accounting; and IV) Taxes
The controller is usually responsible for the following functions of a corporation : except III) Cash management;
The following are important functions of financial markets: I) Source of financing; II) Provide liquidity; III) Reduce risk; IV) Source of information
The Chief Financial Officer (CFO) of a corporation oversees: Both A and B
Conflicts of interest between shareholders and managers of a firm result in: Both A and B
A and D
Costs associated with the conflicts of interest between the bondholders and the shareholders of a corporation are called: Agency costs
Agency costs are incurred by a corporation because: all of the above
The following groups are some of the claimants to a firm's income stream: I) Shareholders; II) Bondholders; III) Employees; IV) Management and V) Government
The financial goal of a corporation is to:Maximize the value of the firm for the shareholders
The purchase of real assets is also referred to as the:Investment decision
The sale of financial assets is also referred to as the Financing decision
The mixture of debt and equity, used to finance a corporation is also known as:Capital structure
Which of the following is not a common function of the firm's chief financial officer: Hiring CEO
Of the following list, which is a stakeholder? I) Employee; II) Customer; III) Community; IV) Supplier: All
The following are examples of real assets: I) Machinery; II) Office buildings; III) Warehouse; IV) Common stock: I, II, and III only
IV only
The financial goal of a corporation is to: Maximize value of the corporation to the stockholders
All of the above
Any of the above
III, IV and V only
The Sarbanes-Oxley Act of 2002 (SOX) was passed largely in response to:the corporate accounting scandals of the previous years
The idea that "firms should be run for stakeholders welfare " is accepted in: I) U.S.A.; II) U.K; III) Germany; IV) France; V) Japan: III, IV and V only
A major advantage of the Sarbanes-Oxley Act of 2002 (SOX) is: good investor protection
Major disadvantages of the Sarbanes-Oxley Act of 2002 (SOX) are the following except: good investor protection
Consumption next year = (100 - 30) * (1.1) = 77 (See Figure-1)
Consumption next year = (100 - 30 - 50) * 1.1 + 80 = 102
Consumption next year = (100 - 60) * 1.1 + 110 = 154
Mr. Thomas' investment this year = 100 - 50 = 50. His income next year by taking the investment opportunity is equal to 80.
NPV = (80/1.1) - 50 = + 22.73
Borrow $20,000 this year to consume 60,000 + 20,000 = 80,000 Consumption next year = 40,000 - (20,000 * 1.1) = 18,000
Has a slope of -(1 + r)
Consumption this year = 60,000 - (22,000/1.1) = 40,000
Consumption next year = [40,000 - 30,000 - 50,000] * 1.1 + (60,000 + 36,000) = 52,000