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Exam (elaborations)

Sophia Finance Challenge Exam With Verified Solutions

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  • Course
  • RN - Registered Nurse
  • Institution
  • RN - Registered Nurse

Sophia Finance Challenge Exam With Verified Solutions Sophia Finance Challenge Exam With Verified Solutions Sophia Finance Challenge Exam With Verified Solutions

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  • September 4, 2024
  • 28
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • RN - Registered Nurse
  • RN - Registered Nurse
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Sophia Finance Challenge Exam With
Verified Soltions
The primary purpose of finance is to
• a.)
manage assets in a way that maximizes returns
• b.)
keep track of a business's cash flow
• c.)
study the effects of the economy on businesses
• d.)
pay off debt as quickly as possible

Finance is the study of fund management and
• a.
)
cred
it
• b.)
econom
ic s
• c.)
accounti
ng
• d.)
asset allocation

Corporate finance focuses primarily on decisions related to
• a.)
distribution and marketing
• b.)
record-keeping and communication
• c.)
production and advertising
• d.)
investment and financing


The price at which an asset would trade in a competitive setting is
its
• a.)
market
value

,• b.)
book value
• c.)

, fundamental value
• d.)
stakeholder value
Valuation may be determined through
• a.)
allocation of scarce resources
• b.)
oversight of corporate governance
• c.)
implementation of business strategies
• d.)
fundamental analysis of financial statements

is the process of determining the price that market
participants would likely pay for something.
• a.)
Valuati
on
• b.)
Accounti
ng
• c.)
Financi
ng
• d.)
Analy
si s

Crowdfunding is an example of a recent trend in finance known as
.
• a.)
peer-to-peer lending
• b.)
algorithmic trading
• c.)
impact investing
• d.
)
cred
it

A recent trend in finance that attempts to ease poverty by offering
products like business loans to low-income borrowers is .
• a.)
algorithmic trading

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