what is the external goal of the firm 

*
1 point

Your answer

What is the tool used to maximize cash flow in the short run *
1 point

Your answer

what form of business is the scope of our subject matter *

1 point

Your answer

What is the 2nd internal goal of the firm and its ACCOUNTING indicator *
1 point

Your answer

What is the FINANCE perspective indicator and the 2nd internal goal of the firm *
1 point

Your answer

What is the 1ST internal goal of the firm and its ACCOUNTING indicator *
1 point

Your answer

what is the output in accounting *

1 point

Your answer

What is the tool used to maximize cash flow in the long run *
1 point

Your answer
what do we mean by the 3Ps in accounting *
1 point

Your answer

What is the FINANCE perspective indicator and the 1ST internal goal of the firm *
1 point

Your answer

what is the output in finance *

1 point

Your answer

What is the indicator of the external goal of the firm *

1 point

Your answer

Next
MULTIPLE CHOICE
CHOOSE THE BEST ANSWER

1.An increase in a firm's risk will always result in a higher share price since the
stockholder must be compensated for the greater risk. 2.Stockholders expect to
earn higher rates of return on investments with lower risk and lower rates of return
on investments with higher risk.. *
1 point

1st statement is false

BOTH statements are false
BOTH statements are true
1st statement is true

Which of the following is true of stakeholders? *

1 point

They are groups having a direct economic link to a firm.

They include only the bondholders, common stockholders, and preferred stockholders.
They are the owners of a firm.
They are groups to whom a firm has financial obligations.

Corporate ethics policies typically apply to ________ in dealing with ________. *

1 point

employee actions; all corporate constituents

employee actions; customers and creditors
management actions; all corporate constituents
employee actions; customers, vendors, and regulators

1.A capital expenditures analyst/manager is responsible for the evaluation and

recommendation of proposed asset investments. 2.A controller administers a firm's
credit policy by analyzing or managing the evaluation of credit applications,
extending credit, and monitoring and collecting accounts receivable *
1 point

BOTH statements are false

BOTH statements are true
1st statement is true
1st statement is false

Which of the following is an area of career opportunities in financial services? *

1 point

supply chain management

personal financial planning
production planning
auditing of financial statements

1.A treasurer is responsible for the firm's accounting activities, such as corporate
accounting, tax management, financial accounting, and cost accounting. 2.In a
limited partnership, all partners' liabilities are limited to their investment in the
partnership. *
1 point

1st statement is true

BOTH statements are true
1st statement is false
BOTH statements are false

Incentive plans usually tie management compensation to ________. *

1 point

net income
inventory turnover
share price
dividends

1.High net cash flow with fixed risk is generally associated with a higher share price
2.When considering a firm's financial decision alternative, financial managers
should accept only those actions that are expected to increase the firm's
profitability *
1 point
BOTH statements are false
1st statement is true
BOTH statements are true
1st statement is false

Which of the following is the best measure to ensure that management decisions
are in the best interest of the stockholders? *
1 point

remove management's perquisites

fire managers who are inefficient
tie management compensation to the level of dividend per share
tie management compensation to the performance of the company's common stock price

Which of the following is one of the positive benefits of an effective ethics

program? *
1 point

reduce potential litigation and judgment costs

maintain and build competitor confidence
gain the loyalty, commitment, and respect of the firm's competitors
making sure violations are penalized, while at the same time not subjecting the employee to
publicity

Which of the following is an area of career opportunities in managerial finance? *

1 point

investment
real estate and insurance
personal financial planning
capital expenditures management

1.A financial analyst is responsible for maintaining and controlling a firm's daily
cash balances 2.Finance is concerned with the process institutions, markets, and
instruments involved in the transfer of money among and between individuals,
businesses, and government. *
1 point

1st statement is true

BOTH statements are false
1st statement is false
BOTH statements are true

1.Financial managers administer the financial affairs of all types of businesses

such as private and public, large and small, and profit seeking and not for profit.
2.Financial managers perform different tasks developing a financial plan or budget,
extending credit to customers, evaluating proposed large expenditures, and raising
money to fund a firm's operations. *
1 point

BOTH statements are true

1st statement is true
1st statement is false
BOTH statements are false

A ________ is responsible for a firm's financial activities such as financial planning

and fund raising, making capital expenditure decisions, and managing cash, credit,
the pension fund, and foreign exchange. *
1 point

foreign exchange manager

controller
treasurer
pension fund manager

1.The wealth of corporate owners is measured by the share price of the stock..
2.Risk, the magnitude and timing of cash flows are the key determinants of share
price, which represent the wealth of the owners in the firm. *
1 point

BOTH statements are false

1st statement is false
BOTH statements are true
1st statement is true

Which of the following activities of a finance manager determines the types of

assets the firm holds? *
1 point

budget allocation
investment decisions
analyzing and planning cash flows
financing decisions

A ________ is responsible for the firm's accounting activities, such as corporate

accounting, tax management, financial accounting, and cost accounting. *
1 point

foreign exchange manager

controller
pension fund manager
treasurer

Which of the following is considered as a violation of business ethics? *

1 point

repurchase of shares
earnings management
paying a high amount of dividends every year
using the call option

1.Dividend payments change directly with changes in earnings per share. 2.To
achieve the goal of profit maximization for each alternative being considered, a
financial manager would select the one that is expected to result in the highest
return. *
1 point

BOTH statements are false

1st statement is false
BOTH statements are true
1st statement is true

If managers are not owners of their company, then they are ________. *
1 point

dealers
agents
bondholders
brokers

A ________ is responsible for evaluating and recommending proposed long-term *

1 point

financial analyst
capital expenditures manager
credit manager
pension fund manager

Which of the following is a duty of a financial manager in a business firm *

1 point

raising financial resources

developing marketing plans
auditing financial records
controlling the stock price

1.Managerial finance is concerned with design and delivery of advice and financial
products to individuals, businesses, and governments. 2.A sole proprietor has
unlimited liability; his or her total investment in the business, but not his or her
personal assets, can be taken to satisfy creditors. *
1 point

BOTH statements are true

1st statement is false
1st statement is true
BOTH statements are false

1.The goal of business ethics is to motivate business and market participants to

adhere to both the letter and the spirit of laws and regulations in all aspects of
business and professional practice. 2.Marginal cost-benefit analysis states that
financial decisions should be made and actions should be taken only when the
added benefits exceed the added costs *
1 point
BOTH statements are true
1st statement is false
BOTH statements are false
1st statement is true

The responsibility for managing day-to-day operations and carrying out corporate
policies belongs to the ________. *
1 point

members
board of directors
chief executive officer
stockholders

1.A controller typically handles the accounting activities, such as tax management,
data processing, financial accounting, and cost accounting 2.In large companies,
CEOs are legally responsible for coordinating the assets and liabilities of the
employees' pension fund. *
1 point

BOTH statements are true

1st statement is false
BOTH statements are false
1st statement is true

An effective ethics program ________. *

1 point

can weaken corporate value

will result in high employee attrition rate
has no effect on a corporation's value
can enhance a corporation's value

Finance is ________. *
1 point

the science of the production, distribution, and consumption of goods and services
the art of merchandising products and services
the art and science of managing money
the system of verifying, analyzing, and recording business transactions

The agency problem may result from a manager's concerns about ________. *
1 point

job security
increasing credit worthiness
maximizing shareholder value
corporate goals

An accountant's primary function is ________. *

1 point

the planning of cash flows

making decisions based on financial data
the evaluation of the financial statements
the collection and presentation of financial data

A financial manager's financing decisions determine ________. *

1 point

the proportion of the firm's earnings to be paid as dividend

both the mix and the type of assets found on the firm's balance sheet
both the mix and the type of assets and liabilities found on the firm's balance sheet
the most appropriate mix of short-term and long-term financing

In planning and managing the requirements of a firm, the financial manager is

concerned with ________. *
1 point

the mix and type of assets, but not the type of financing utilized
the type of financing utilized, but not the mix and type of assets
the acquisition of fixed assets, allowing someone else to plan the level of current assets
required, and the market value of the share
the mix and type of assets, the type of financing utilized, and analysis in order to monitor the
financial condition

ESSAY
MAXIMUM OF 150 words

discuss the TIPOS in accounting *

4 points

Your answer

discuss the TIPOS in finance *

4 points

Your answer

why PSALM in accounting when making decisions? *

4 points

Your answer
why PAS in accounting as an output? *
4 points

Your answer

discuss the 5Ws in finance *

4 points

Your answer

discuss the 5Ws in accounting *

4 points

Your answer

discuss the primary and secondary disciplines in terms of information provided to

finance *
4 points

Your answer

who are the economic entities and relate it to the area in finance as well as the
decisions made. *
4 points

Your answer
discuss the 5Ws in economics *
4 points

Your answer

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