100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Test Bank for CFIN7 7th Edition by Scott Besley £24.13
Add to cart
Quickly navigate to
Preview
  2.  
  3. Finance
  4.  
  5. Finance

Exam (elaborations)

Test Bank for CFIN7 7th Edition by Scott Besley

1 review
 5 purchases
  • Module
  • Finance
  • Institution
  • Finance

Test Bank for CFIN7 7th Edition by Scott Besley, Eugene Brigham ISBN-13: 5150 Full Chapters test bank includes Multiple choice questions and True false Chapter 1. An Overview of Managerial Finance 1-1. What Is Finance? 1-1a. General Areas of Finance ...

[Show more]

Preview 1 out of 293  pages

Document information

  • August 26, 2022
  • 293
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • cfin7
  • scott
  • besley
  • brigham
  • multiple choice
  • true false
  • 9780357515150
  • mcqs
  • tests
  • quizzes
  • 7e
  • test bank

Written for

  • Finance
  • Finance

1  review

review-writer-avatar

By: parthmishra • 1 year ago

reply-writer-avatar

By: Tutor247 • 1 year ago

Thank you very much for your review. We are delighted to hear that you had a pleasant experience with us and we look forward to serving you further on your educational journey..

Seller

avatar-seller
Tutor247

Reviews received

Content preview

Name: Class: Date:

Chap 01_CFIN7

Indicate whether the statement is true or false.
1. In a competitive marketplace, "good ethics" is a wonderful idea but an impractical standard, because there are
simply too few benefits to be gained from maintaining high business ethics.
a. True
b. False

2. In general, the role of a financial manager is to plan for the acquisition and use of funds so as to maximize the
value of the firm.
a. True
b. False

3. The corporate charter is a document filed with the secretary of the state in which a firm is incorporated that
provides information about the corporation, including its name, address, directors, and amount of capital stock.
a. True
b. False

4. A proprietorship is an unincorporated business owned by one individual and the owner benefits from the limited
liability for business, which limits personal losses to what the proprietor has invested in the company.
a. True
b. False

5. Incentive compensation plans are used to attract and retain top managerial talent as well as to align the interests
of management with shareholders.
a. True
b. False

6. If a firm's managers want to maximize stock price, it is in their best interests to operate efficient, low-cost plants,
develop new and safe products that consumers want, and maintain good relationships with customers, suppliers,
creditors, and the communities in which they operate.
a. True
b. False

7. A financial manager's task is to make decisions concerning the acquisition and use of funds for the greatest
benefit of the firm.
a. True
b. False

8. Cultural differences do not impact the multinational corporations as they expand into different geographic regions.
a. True
b. False

9. Exchange rate risk is the risk that the cash flows from a foreign project will be worth less than those same cash
flows denominated in the parent company's home currency.
a. True
b. False

Copyright Cengage Learning. Powered by Cognero. Page 1

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 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 Tutor247. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £24.13. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

68175 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling
£24.13  5x  sold
  • (1)
Add to cart
Added