Exam (elaborations)
Test Bank for Financial Management Concepts and Applications 1st Edition by Stephen Foerster.
- Course
- Institution
- Book
Test Bank for Financial Management Concepts and Applications 1st Edition by Stephen Foerster.
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Test Bank for Financial Management Concepts and Applications 1st Edition by Stephen Foerster.
Seller
Follow
Farider
Reviews received
Content preview
Test Bank for Financial Management Concepts and Applications 1stEdition by Stephen Foerster
,Financial Management: Concepts and Applications (Foerster)
Chapter 2 Sizing Up a Business: A Non-Financial Perspective
2.1 Sizing Up the Overall Economy
1) In order to understand a firm's current and anticipated financial position and needs, we must
first:
A) understand overall economic conditions.
B) understand the industry in which it operates.
C) understand the strengths and weaknesses of the firm itself.
D) All of t he above.
Answer: D
Diff: 1
Topic: 2.1 Sizing up the Overall Economy
AACSB: Reflective Thinking
2) A comprehensive nonfinancial size-up is:
A) a critical component in analyzing the firm's strengths and weaknesses.
B) critical in understanding the firm's historical position.
2
Copyright © 2015 Pearson Education, Inc.
, C) critical in anticipating future financing needs.
D) All of the above.
Answer: D
Diff: 1
Topic: 2.1 Sizing up the Overall Economy
AACSB: Reflective Thinking
3) A comprehensive nonfinancial size-up should be done: A)
monthly.
B) quarterly.
C) annually.
D) as needed.
E) All of the above.
Answer: C
Diff: 1
Topic: 2.1 Sizing up the Overall Economy
AACSB: Reflective Thinking
4) A comprehensive nonfinancial size-up is a useful tool for: A)
financial managers.
B) lenders.
C) investors.
D) All of the above.
Answer: D
Diff: 1
Topic: 2.1 Sizing up the Overall Economy
AACSB: Reflective Thinking
1
Copyright © 2015 Pearson Education, Inc.
Full all chapters instant download please go to Solutions Manual, Test Bank site: downloadlink.org
5) Information for the sizing-up process for publicly traded firms can be obtained from: A)
the firm's annual report.
B) the firm's 10-K report filed with the Securities & Exchange Commission.
C) industry reports.
D) All of the above.
Answer: D
Diff: 1
Topic: 2.1 Sizing up the Overall Economy
AACSB: Reflective Thinking
6) The two major components for sizing up a business are: A)
risk analysis and cash flow analysis.
B) cash flow analysis and risk management.
C) analyzing external environment and factors within the enterprise.
D) growth projections and risk analysis.
3
Copyright © 2015 Pearson Education, Inc.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Farider. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75619 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now