,TEST j BANK j FOR
Fundamentals jof jCorporate jFinance, j13th jEdition
RossjChapter j1-27 jAnswers jare jat jthe jend jof jEach
j
j chapter jChapter j1
Student jname: j
1) The jcontroller, jrather jthan jthe jtreasurer, jis jtypically jresponsible jfor jwhich jone jof
jthejfollowing jfunctions?
1) j j
A) Depositing jcash jreceipts
B) Processing jcost jreports
C) Analyzing jequipment jpurchases
D) Approving jcredit jfor ja jcustomer
E) Paying ja jvendor
3) In ja jtypical jcorporate jorganizational jstructure:
3) j j
A) the jvice jpresident jof jfinance jreports jto jthe jchair jof jthe jboard.
B) the jchief jexecutive jofficer jreports jto jthe jpresident.
C) the jcontroller jreports jto jthe jchief jfinancial jofficer.
D) the jtreasurer jreports jto jthe jpresident.
E) the jchief joperations jofficer jreports jto jthe jvice jpresident jof jproduction.
, 4) Which jone jof jthe jfollowing jquestions jinvolves ja jcapital jbudgeting jdecision?
4) j j
A) How jmany jshares jof jstock jshould jthe jfirm jissue?
B) Should jthe jfirm jpurchase ja jnew jmachine jfor jthe jproduction jline?
C) Should jthe jfirm jborrow jmoney jto jacquire jnew jequipment?
D) How jmuch jinventory jshould jthe jfirm jkeep jon jhand?
E) How jmuch jmoney jshould jbe jkept jin jthe jchecking jaccount?
5) When jevaluating jthe jtiming jof ja jproject’s jprojected jcash jflows, ja jfinancial
jmanager jisjanalyzing:
5) j j
A) the jamount jof jeach jexpected jcash jflow.
B) only jthe jstart-up jcosts jthat jare jexpected jto jrequire jcash jresources.
C) only jthe jdate jof jthe jfinal jcash jflow jrelated jto jthe jproject.
D) the jamount jby jwhich jcash jreceipts jare jexpected jto jexceed jcash joutflows.
E) when jeach jcash jflow jis jexpected jto joccur.
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