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

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Q1:

Finance, generally, deals with: I) Money; II) Markets; III) People

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Finance, generally, deals with: I) Money; II) Markets; III) People: I, II and III

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Q2:

This book is mainly about

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This book is mainly about: financial decisions made by corporation

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Q3:

The following are examples of the United States-based corporations except: I) Boeing; II) Microsoft; III) Bank of America; IV) Sony

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The following are examples of the United States-based corporations except: I) Boeing; II) Microsoft; III) Bank of America; IV) Sony: IV only

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Q4:

The following are examples of foreign-based corporations except: I) British Petroleum; II) General Electric; III) Sony; IV) Volkswagen

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The following are examples of foreign-based corporations except: I) British Petroleum; II) General Electric; III) Sony; IV) Volkswagen: II only

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Q5:

Shareholders of a corporation may be, among others: I) Individuals; II) Pension Funds; III) Insurance Companies

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Shareholders of a corporation may be, among others: I) Individuals; II) Pension Funds; III) Insurance Companies: I, II and III

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Q6:

Generally, a corporation is owned by the: I) Managers; II) Board of Directors; III) Shareholders

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Generally, a corporation is owned by the: I) Managers; II) Board of Directors; III) Shareholders: III only

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Q7:

Corporations, potentially, have infinite life because

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Corporations, potentially, have infinite life because of separation of ownership and management

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Q8:

Limited liability is an important feature of

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Limited liability is an important feature of Corporations

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Q9:

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

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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

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Q10:

The following are examples of intangible assets except: 

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Building

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Q11:

The following are examples of tangible assets except:

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The following are examples of tangible assets except:Trademarks

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Q12:

A firm's investment decision is also called the:

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A firm's investment decision is also called the: Capital budgeting decision

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Q13:

The following are examples of financial assets except:

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The following are examples of financial assets except: Buildings

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Q14:

The treasurer usually oversees the following functions of a corporation except: I) Preparation of financial statements; II) Investor relationships; III) Cash management; IV) raising new capital

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The treasurer usually oversees the following functions of a corporation except: I) Preparation of financial statements

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Q15:

The treasurer is usually responsible the following functions of a corporation: I) Tax obligations; II) Investor relationships; III) Cash management; IV) raising new capital

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The treasurer is usually responsible the following functions of a corporation:II) Investor relationships; III) Cash management; IV) raising new capital

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Q16:

The controller usually oversees the following functions of a corporation: I) Preparation of financial statements; II) Internal accounting; III) Cash management and IV) Taxes

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The controller usually oversees the following functions of a corporation: I) Preparation of financial statements; II) Internal accounting; and IV) Taxes

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Q17:

The controller is usually responsible for the following functions of a corporation : exceptI) Preparation of financial statements; II) Internal accounting; III) Cash management; IV) Taxes

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The controller is usually responsible for the following functions of a corporation : except  III) Cash management; 

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Q18:

The following are important functions of financial markets: I) Source of financing; II) Provide liquidity; III) Reduce risk; IV) Source of information

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The following are important functions of financial markets: I) Source of financing; II) Provide liquidity; III) Reduce risk; IV) Source of information

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Q19:

The Chief Financial Officer (CFO) of a corporation oversees:

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The Chief Financial Officer (CFO) of a corporation oversees: Both A and B

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Q20:

Conflicts of interest between shareholders and managers of a firm result in:

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Conflicts of interest between shareholders and managers of a firm result in: Both A and B

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Q21:

In the principal-agent framework:

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A and D

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Q22:

Costs associated with the conflicts of interest between the bondholders and the shareholders of a corporation are called

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Costs associated with the conflicts of interest between the bondholders and the shareholders of a corporation are called: Agency costs

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Q23:

Agency costs are incurred by a corporation because:

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Agency costs are incurred by a corporation because: all of the above

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Q24:

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

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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

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Q25:

The financial goal of a corporation is to:

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The financial goal of a corporation is to:Maximize the value of the firm for the shareholders

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Q26:

The purchase of real assets is also referred to as the:

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The purchase of real assets is also referred to as the:Investment decision

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Q27:

The sale of financial assets is also referred to as the

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The sale of financial assets is also referred to as the Financing decision

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Q28:

The mixture of debt and equity, used to finance a corporation is also known as:

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The mixture of debt and equity, used to finance a corporation is also known as:Capital structure

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Q29:

Which of the following is not a common function of the firm's chief financial officer?

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Which of the following is not a common function of the firm's chief financial officer: Hiring CEO

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Q30:

Of the following list, which is a stakeholder? I) Employee; II) Customer; III) Community; IV) Supplier

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Of the following list, which is a stakeholder? I) Employee; II) Customer; III) Community; IV) Supplier: All

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Q31:

The following are examples of real assets: I) Machinery; II) Office buildings; III) Warehouse; IV) Common stock

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The following are examples of real assets: I) Machinery; II) Office buildings; III) Warehouse; IV) Common stock: I, II, and III only

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Q32:

The following are examples of tangible assets except: I) Machinery; II) Office buildings; III) Warehouse; IV) Training for employees

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IV only

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Q33:

The financial goal of a corporation is to:

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The financial goal of a corporation is to: Maximize value of the corporation to the stockholders

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Q34:

Managers' actions are monitored by:

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All of the above

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Q35:

The following are some of the actions shareholders can take if the corporation is not performing well:

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Any of the above

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Q36:

The idea of "maximizing shareholder value" is widely accepted in: I) U.S.A.; II) U.K; III) Germany; IV) France; V) Japan

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III, IV and V only

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Q37:

The Sarbanes-Oxley Act of 2002 (SOX) was passed largely in response to:

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The Sarbanes-Oxley Act of 2002 (SOX) was passed largely in response to:the corporate accounting scandals of the previous years

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Q38:

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

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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

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Q39:

A major advantage of the Sarbanes-Oxley Act of 2002 (SOX) is:

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A major advantage of the Sarbanes-Oxley Act of 2002 (SOX) is: good investor protection

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Q40:

Major disadvantages of the Sarbanes-Oxley Act of 2002 (SOX) are the following except:

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Major disadvantages of the Sarbanes-Oxley Act of 2002 (SOX) are the following except: good investor protection

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Q41:

Mr. Free has $100 dollars income this year and zero income next year. The market interest rate is 10% per year. If Mr. Free consumes $30 this year, and invests the rest in the market, what will be his consumption next year?

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Consumption next year = (100 - 30) * (1.1) = 77 (See Figure-1)

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Q42:

Mr. Bird has $100 income this year and zero income next year. The market interest rate is 10% per year. Mr. Bird also has an investment opportunity in which he can invest $50 today and receive $80 next year. Suppose Mr. Bird consumes $30 this year and invests in the project. What will be his consumption next year?

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Consumption next year = (100 - 30 - 50) * 1.1 + 80 = 102

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Q43:

Ms. Venus has $100 income this year and $110 next year. The market interest rate is 10% per year. Suppose Ms. Venus consumes $60 this year. What will be her consumption next year?

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Consumption next year = (100 - 60) * 1.1 + 110 = 154

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Q44:

Mr. Thomas has $100 income this year and zero income next year. The market interest rate is 10% per year. Mr. Thomas also has an investment opportunity in which he can invest $50 this year and receive $80 next year. Suppose Mr. Thomas consumes $50 this year and invests in the project. What will be his consumption next year?

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Mr. Thomas' investment this year = 100 - 50 = 50. His income next year by taking the investment opportunity is equal to 80.

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Q45:

Mr. Dell has $100 income this year and zero income next year. The market interest rate is 10% per year. Mr. Dell also has an investment opportunity in which he can invest $50 this year and receive $80 next year. Suppose Mr. Dell consumes $50 this year and invests in the project. What is the NPV of the investment opportunity?

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NPV = (80/1.1) - 50 = + 22.73

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Q46:

Ms. Anderson has $60,000 income this year and $40,000 next year. The market interest rate is 10% per year. Suppose Ms. Anderson consumes $80,000 this year. What will be her consumption next year?

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Borrow $20,000 this year to consume 60,000 + 20,000 = 80,000 Consumption next year = 40,000 - (20,000 * 1.1) = 18,000

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Q47:

The line that connects the maximum that one can consume this year (now) and the maximum one can consume next year

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Has a slope of -(1 + r)

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Q48:

Ms. Newcastle has $60,000 income this year and $40,000 next year. The market interest rate is 10% per year. Suppose Ms. Newcastle wishes to consume $62,000 next year. What will be her consumption this year?

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Consumption this year = 60,000 - (22,000/1.1) = 40,000

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Q49:

Mr. Smith has an income of $40,000 this year and $60,000 next year. He can invest in a project that costs $30,000 this year, which generates an income of $36,000 next year. The market interest rate is 10%. What will be his consumption next year, if Mr. Smith invests in the project and consumes $50,000 this year?

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Consumption next year = [40,000 - 30,000 - 50,000] * 1.1 + (60,000 + 36,000) = 52,000

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Câu hỏi trắc nghiệm

Câu hỏi 2 / 49
Giải thích

This book is mainly about: financial decisions made by corporation

Câu hỏi 7 / 49
Giải thích

Corporations, potentially, have infinite life because of separation of ownership and management

Câu hỏi 12 / 49
Giải thích

A firm's investment decision is also called the: Capital budgeting decision

Câu hỏi 21 / 49
Giải thích

A and D

Câu hỏi 23 / 49
Giải thích

Agency costs are incurred by a corporation because: all of the above

Câu hỏi 25 / 49
Giải thích

The financial goal of a corporation is to:Maximize the value of the firm for the shareholders

Câu hỏi 33 / 49
Giải thích

The financial goal of a corporation is to: Maximize value of the corporation to the stockholders

Câu hỏi 34 / 49
Giải thích

All of the above

Câu hỏi 37 / 49
Giải thích

The Sarbanes-Oxley Act of 2002 (SOX) was passed largely in response to:the corporate accounting scandals of the previous years

Câu hỏi 39 / 49
Giải thích

A major advantage of the Sarbanes-Oxley Act of 2002 (SOX) is: good investor protection

Giải thích

Mr. Thomas' investment this year = 100 - 50 = 50. His income next year by taking the investment opportunity is equal to 80.