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Business Acumen C201 - Multiple Choice With accurate solutions.
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Business AcumenC201 - Multiple Choice
With accurate
solutions
Ch.17
In performing their jobs, most finance
professionals seek to balance:
risk and reward.
taxes and revenues.
profits and loss.
investment and capital. - answer In performing
their jobs, most finance professionals seek to
balance:
risk and reward.
Ch.17
_____ involves planning, obtaining, and managing a
company's funds in order to accomplish its
objectives as efficiently and effectively as possible.
,Accounting
Auditing
Finance
Leverage - answer _____ involves planning,
obtaining, and managing a company's funds in
order to accomplish its objectives as efficiently and
effectively as possible.
Finance
Ch.17
The process of maximizing the wealth of a
company's shareholders by striking the optimal
balance between risk and return is called _____.
Risk-return buyout
Risk-return forecasting
Risk-return trade-off
Risk-return restructuring - answer The process of
maximizing the wealth of a company's
shareholders by striking the optimal balance
between risk and return is called _____.
Risk-return trade-off
,Ch.17
A(n) _____, which is short-term in nature, can also
be called an operating plan.
financial plan
budget
asset intensity
stock offering - answer A(n) _____, which is short-
term in nature, can also be called an operating
plan.
financial plan
Ch.17
All of the following are short-term assets EXCEPT:
inventory.
cash.
accounts receivable.
equipment. - answer All of the following are short-
term assets EXCEPT:
equipment.
, Ch.17
Most companies invest excess cash in marketable
securities.
True
False - answer Most companies invest excess cash
in marketable securities.
True
Ch.17
The key to managing leverage is to ensure a
company's interest payments remain larger its
earnings.
True
False - answer The key to managing leverage is to
ensure a company's interest payments remain
larger its earnings.
False
Ch.17
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