100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Test Bank for Introduction to Corporate Finance, 5th Canadian Edition Booth (All Chapters included) CA$42.31   Add to cart

Exam (elaborations)

Test Bank for Introduction to Corporate Finance, 5th Canadian Edition Booth (All Chapters included)

 35 views  1 purchase

Complete Test Bank for Introduction to Corporate Finance, 5th Canadian Edition by Laurence Booth, Sean Cleary, Ian Rakita ; ISBN13: 9781119561620. (Full Chapters included Chapter 1 to 24)....Chapter 1: An Introduction to Finance Chapter 2: Business (Corporate) Finance Chapter 3: Financial State...

[Show more]

Preview 3 out of 939  pages

  • March 3, 2024
  • 939
  • 2020/2021
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (25)
avatar-seller
mizhouubcca
TEST BANK




Introduction to Corporate Finance
5th Canadian Edition by Laurence Booth




Complete Chapters Test Bank
are included (Ch 1 to 24)




** Immediate Download
** Swift Response
** All Chapters included

, CHAPTER 1
AN INTRODUCTION TO FINANCE
CHAPTER LEARNING OBJECTIVES

1.1 Define finance and explain what is involved in the study of finance.

1.2 List the major financial and real assets held by Canadians.

1.3 Explain how money is transferred from lenders to borrowers and the role played by
market and financial intermediaries.

1.4 Identify the basic types of financial instruments that are available and explain how
they are traded.

1.5 Explain the importance of the global financial system and how Canada is impacted by
global events such as the recent U.S. financial crisis.

, MULTIPLE CHOICE QUESTIONS

1. Finance is the study of how and under what terms
a) savings are allocated between lenders and borrowers.
b) investments are allocated between investors and brokers.
c) institutions with excess money make share purchase decisions.
d) households allocate money between spending and saving.

Answer: a

Type: Definition
Difficulty: Easy
Learning Objective: Define finance and explain what is involved in the study of finance.
Section Reference: Finance Defined
Blooms: Knowledge
AACSB: Analytic
CPA: Finance


2. A financial security is
a) a jail term for a financial manager that has committed fraud.
b) a contract that is created only when a new stock is issued to the public.
c) a financial contract created whenever funds are transferred.
d) a contract that is created only when a new bond is first sold.

Answer: c

Type: Definition
Difficulty: Easy
Learning Objective: Define finance and explain what is involved in the study of finance.
Section Reference: Finance Defined
Blooms: Knowledge
AACSB: Analytic
CPA: Finance


3. Which of the following does NOT appear as an item on Canada’s balance sheet, as presented
in the text?
a) non-residential structures
b) net worth or equity
c) net foreign liabilities
d) net foreign assets

Answer: c

Type: Definition
Difficulty: Medium
Learning Objective: List the major financial and real assets held by Canadians.
Section Reference: Real versus Financial Assets

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 mizhouubcca. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$42.31. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81531 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$42.31  1x  sold
  • (0)
  Add to cart