Test Bank for Fundamentals of Corporate Finance 13e 13th Edition by Stephen Ross, Randolph Westerfield and Bradford Jordan ISBN-13: 2395 Full chapters test bank PART 1: OVERVIEW OF CORPORATE FINANCE CHAPTER 1: Introduction to Corporate Finance CHAPTER 2: Financial Statements, Taxes, And Cash Flow P...
Test Bank for
Fundamentals of Corporate Finance, 13th Edition Ross
M
Chapter 1-27 Answers are at the end of Each chapter
Chapter 1
ED
Student name:__________
1) The controller, rather than the treasurer, is typically responsible for which one of the
C
following functions?
1) ______
O
A) Depositing cash receipts
N
B) Processing cost reports
C) Analyzing equipment purchases
D) Approving credit for a customer
N
E) Paying a vendor
O
Question Details
Accessibility : Keyboard Navigation
IS
Accessibility : Screen Reader Compatible
Difficulty : 1 Basic
Learning Objective : 01-01 Define the basic types of financial management decisions and the role of t
Section : 1.1 Finance: A Quick Look
SE
Topic : Management organization and roles
AACSB : Reflective Thinking
Bloom's : Remember
U
2) Usually, the treasurer of a corporation reports directly to the:
R
2) ______
Version 1 1
, A) board of directors.
B) chair of the board.
C) chief executive officer.
D) president.
M
E) vice president of finance.
ED
Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : 1 Basic
Learning Objective : 01-01 Define the basic types of financial management decisions and the role of t
C
Section : 1.1 Finance: A Quick Look
Topic : Management organization and roles
AACSB : Reflective Thinking
O
Bloom's : Remember
N
3) In a typical corporate organizational structure:
N
3) ______
O
A) the vice president of finance reports to the chair of the board.
B) the chief executive officer reports to the president.
C) the controller reports to the chief financial officer.
IS
D) the treasurer reports to the president.
E) the chief operations officer reports to the vice president of production.
SE
Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Difficulty : 1 Basic
U
Learning Objective : 01-01 Define the basic types of financial management decisions and the role of t
Section : 1.1 Finance: A Quick Look
Topic : Management organization and roles
R
AACSB : Reflective Thinking
Bloom's : Remember
Version 1 2
, 4) Which one of the following questions involves a capital budgeting decision?
M
4) ______
A) How many shares of stock should the firm issue?
ED
B) Should the firm purchase a new machine for the production line?
C) Should the firm borrow money to acquire new equipment?
D) How much inventory should the firm keep on hand?
E) How much money should be kept in the checking account?
C
Question Details
O
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
N
Learning Objective : 01-01 Define the basic types of financial management decisions and the role of t
Section : 1.1 Finance: A Quick Look
Topic : Financial management decisions
N
Difficulty : 2 Intermediate
AACSB : Reflective Thinking
O
5) When evaluating the timing of a project’s projected cash flows, a financial manager is
IS
analyzing:
5) ______
SE
A) the amount of each expected cash flow.
B) only the start-up costs that are expected to require cash resources.
C) only the date of the final cash flow related to the project.
D) the amount by which cash receipts are expected to exceed cash outflows.
U
E) when each cash flow is expected to occur.
R
Version 1 3
, Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
Learning Objective : 01-01 Define the basic types of financial management decisions and the role of t
M
Section : 1.1 Finance: A Quick Look
Topic : Financial management decisions
Difficulty : 2 Intermediate
ED
AACSB : Reflective Thinking
6) Which one of the following questions involves a capital structure decision?
C
6) ______
O
A) Which one of two project proposals should the firm implement?
B) How should the firm allocate its limited available funds among acceptable projects?
N
C) How much funding should be allocated to financing customer purchases of a new
product?
D) How much debt should the firm incur to fund a project?
N
E) How much inventory will be needed to support a project?
O
Question Details
Accessibility : Keyboard Navigation
IS
Accessibility : Screen Reader Compatible
Bloom's : Understand
Learning Objective : 01-01 Define the basic types of financial management decisions and the role of t
Section : 1.1 Finance: A Quick Look
SE
Topic : Financial management decisions
Difficulty : 2 Intermediate
AACSB : Reflective Thinking
U
7) Determining the number of shares of stock to issue is an example of a ______ decision.
7) ______
R
Version 1 4
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 MedExcellence. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $19.99. You're not tied to anything after your purchase.
