Finance

TEST BANK FOR BANK MANAGEMENT & FINANCIAL SERVICES 9TH EDITION PETER S ROSE, SYLVIA C HUDGINS Chapter 02 The Impact of Government Policy and Regulation on the Financial-Services Industry Fill in the Blank Questions 1. The _____________________ was created as part of the Glass-Steagall Act. In the beginning it insured deposits up to $2,500. ________________________________________ 2. The ________________________ is the law that states that a bank must get federa...

TEST BANK FOR AUDITING & ASSURANCE SERVICES, 8TH EDITION, TIMOTHY LOUWERS, PENELOPE BAGLEY, ALLEN BLAY, JERRY STRAWSER, JAY THIBODEAU Student name:__________ MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers the question. 1) Control risk is A) the probability that a material misstatement could not be prevented or detected by the entity's internal control policies and procedures. B) the probability that a material misstatement c...

Chapter 07 Interest Rates and Bond Valuation Answer Key Multiple Choice Questions 1. Mary just purchased a bond which pays $60 a year in interest. What is this $60 called? A. coupon B. face value C. discount D. call premium E. yield Refer to section 7.1 AACSB: N/A Bloom's: Knowledge Difficulty: Basic Learning Objective: 7-1 Section: 7.1 Topic: Coupon 2. Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity. What is the $1,000 ca...

Chapter 05 Introduction to Valuation: The Time Value of Money Answer Key Multiple Choice Questions 1. You are investing $100 today in a savings account at your local bank. Which one of the following terms refers to the value of this investment one year from now? A. future value B. present value C. principal amounts D. discounted value E. invested principal Refer to section 5.1 AACSB: N/A Bloom's: Knowledge Difficulty: Basic Learning Objective: 5-1 Section: 5.1 Topic: Future value...

Chapter 04 Long-Term Financial Planning and Growth Answer Key Multiple Choice Questions 1. Phil is working on a financial plan for the next three years. This time period is referred to as which one of the following? A. financial range B. planning horizon C. planning agenda D. short-run E. current financing period Refer to section 4.1 AACSB: N/A Difficulty: Basic Learning Objective: 4-1 Section: 4.1 Topic: Planning horizon 2. Atlas Industries combines the smaller investment proposa...

Chapter 03 Working with Financial Statements Answer Key Multiple Choice Questions 1. Activities of a firm which require the spending of cash are known as: A. sources of cash. B. uses of cash. C. cash collections. D. cash receipts. E. cash on hand. Refer to section 3.1 AACSB: N/A Difficulty: Basic Learning Objective: 3-1 Section: 3.1 Topic: Uses of cash 2. The sources and uses of cash over a stated period of time are reflected on the: A. income statement. B. balance sheet. C. tax...

Chapter 02 Financial Statements, Taxes, and Cash Flow Answer Key Multiple Choice Questions 1. Which one of the following is the financial statement that shows the accounting value of a firm's equity as of a particular date? A. income statement B. creditor's statement C. balance sheet D. statement of cash flows E. dividend statement Refer to section 2.1 AACSB: N/A Bloom's: Knowledge Difficulty: Basic Learning Objective: 2-1 Section: 2.1 Topic: Balance sheet 2. Net working capit...

Chapter 01 - Introduction to Corporate Finance Chapter 01 Introduction to Corporate Finance Answer Key Multiple Choice Questions 1. Which one of the following terms is defined as the management of a firm's long-term investments? A. working capital management B. financial allocation C. agency cost analysis D. capital budgeting E. capital structure Refer to section 1.1 AACSB: N/A Difficulty: Basic Learning Objective: 1-1 Section: 1.1 Topic: Capital budgeting 2. Which one of the fo...

Corporate Finance, 12e (Ross) Chapter 2 Financial Statements and Cash Flow 1) Which one of these accounts appears on the right-hand side of a balance sheet? A) Property, plant, and equipment B) Accumulated retained earnings C) Accumulated depreciation D) Cash and equivalents E) Intangible assets Answer: B Difficulty: 1 Easy Section: 2.1 The Balance Sheet Topic: Balance sheet Bloom's: Understand AACSB: Reflective Thinking Accessibility: Keyboard Navigation 2) The ent...