Test Bank For Corporate Finance, 13th Edition Ross (All Chapters included)
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Module
Finance
Institution
Finance
Complete Test Bank for Corporate Finance, 13th Edition By Stephen Ross, Randolph Westerfield, Jeffrey Jaffe and Bradford Jordan ; ISBN13: 9781260772388.
Chapter 1. Introduction to corporate finance.
Chapter 2. Financial statements and cash flow.
Chapter 3. Financial statements analysis and finan...
Complete Chapters Test Bank are
included (Ch 1 to 31)
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** All Chapters included
,Ch 01 13e
Student name:__________
1) List and briefly describe the three basic areas addressed by a financial manager.
2) What advantages and disadvantages does the corporate form of organization have
compared to sole proprietorships and general partnerships?
3) Why might a professional group select the LLC form of business over a general
partnership or a corporate structure?
4) Why might a highly successful sole proprietor change the structure of his or her firm to
the corporate form of ownership if that change results in the sharing of profits with other
investors?
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, Ch 01 13e
5) What should be the primary goal of the financial manager of a corporation? Explain why
this is appropriate.
6) Generally, among those who report directly to the ________ are the treasurer and the
controller of a corporation.
A) board of directors
B) chairperson of the board
C) chief executive officer
D) president
E) chief financial officer
7) A typical chain of command in a corporation is described by which one of the following
statements?
A) The information systems manager reports to the treasurer.
B) The credit manager reports to the treasurer.
C) The controller reports to the chief executive officer.
D) The tax manager reports to the treasurer.
E) The capital expenditures manager reports to the controller.
8) Answering which one of the following questions involves making a capital budgeting
decision?
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