Test Bank for Fundamentals of Financial Management, 16th Edition by Eugene F. Brigham
106 views 3 purchases
Course
Fundamentals of Financial Management
Institution
Fundamentals Of Financial Management
Book
Fundamentals of Financial Management
Test Bank for Fundamentals of Financial Management 16e 16th Edition by Eugene F. Brigham, Joel F. Houston. ISBN-13: 7574 Full Chapters test bank included Part 1: Introduction to Financial Management Chapter 1: An Overview of Financial Management Putting Things in Perspective 1-1: What is Finance? 1...
test bank for fundamentals of financial management
16th edition by eugene f brigham
Connected book
Book Title:
Author(s):
Edition:
ISBN:
Edition:
More summaries for
Test Bank / Solution Manual Fundamentals Of Financial Management 16th Edition By Eugene F. Brigham Tamped (All Chapters) Latest Version 2024 A+
Solution Manual for Fundamentals of Financial Management 16th Edition by Brigham and Houston, ISBN: 9780357517574, All 21 Chapters Covered, Verified Latest Edition
Test Bank - Fundamentals of Financial Management, 16th Edition by Eugene F. Brigham, (All Chapters included 1-17) ||Complete A+ Guide
All for this textbook (15)
Written for
Fundamentals of Financial Management
Fundamentals of Financial Management
Seller
Follow
DreamAchievers
Reviews received
Content preview
FULL TEST BANK
Fundamentals of Financial Management 16th
Edition by Eugene F. Brigham & Joel F.
Houston ISBN-10 0357517571 ISBN-13 978-
0357517574
PRINTED PDF | ORIGINAL DIRECTLY FROM THE PUBLISHER | 100%
VERIFIED ANSWERS | DOWNLOAD IMMEDIATELY AFTER THE ORDER
Complete Test Bank, All Chapters Included.
CHECK OUT MORE FILES HERE:
MEDCONNOISSEURLIBRARIES.COM
, TEST BANK FOR FUNDAMENTALS OF FINANCIAL MANAGEMENT 16TH EDITION BY
EUGENE F. BRIGHAM & JOEL F. HOUSTON
Chapter 01: An Overview of Financial Management
True / False
Note that there is an overlap between the T/F and multiple-choice questions, as some of the T/F statements are used in
multiple-choice questions.
Multiple Choice: True/False
1. In most corporations, the CFO ranks under the CEO.
a. True
b. False
ANSWER: True
DIFFICULTY: EASY
REFERENCES: 1-1 What Is Finance?
QUESTION TYPE: True / False
PREFACE NAME: T/F
LEARNING OBJECTIVES: FOFM.BRIG.17.01.01 - What Is Finance?
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Role of finance
KEYWORDS: Bloom's Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 6/23/2015 3:23 PM
2. The Chairman of the Board must also be the CEO.
a. True
b. False
ANSWER: False
DIFFICULTY: EASY
REFERENCES: 1-1 What Is Finance?
QUESTION TYPE: True / False
LEARNING OBJECTIVES: FOFM.BRIG.17.01.01 - What Is Finance?
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Role of finance
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 6/23/2015 3:23 PM
3. The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking
individual. The CEO generally works under the board and its chairman, and the board generally has the authority to
remove the CEO under certain conditions. The CEO, however, cannot remove the board, but he or she can endeavor to
have the board voted out and a new board voted in should a conflict arise. It is possible for a person to simultaneously
serve as CEO and chairman of the board, though many corporate control experts believe it is bad to vest both offices in
the same person.
a. True
Cengage Learning Testing, Powered by Cognero Page 1
, b. False
ANSWER: True
DIFFICULTY: EASY
REFERENCES: 1-1 What Is Finance?
QUESTION TYPE: True / False
LEARNING OBJECTIVES: FOFM.BRIG.17.01.01 - What Is Finance?
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Role of finance
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 8/5/2015 1:34 PM
4. Partnerships and proprietorships generally have a tax advantage over corporations.
a. True
b. False
ANSWER: True
DIFFICULTY: EASY
REFERENCES: 1-3 Forms of Business Organization
QUESTION TYPE: True / False
LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 - Forms of Business Organization
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Forms of organization
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 6/23/2015 3:23 PM
5. A disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal
liabilities in the event of bankruptcy than are investors in a typical partnership.
a. True
b. False
ANSWER: False
DIFFICULTY: EASY
REFERENCES: 1-3 Forms of Business Organization
QUESTION TYPE: True / False
LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 - Forms of Business Organization
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Forms of organization
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 6/23/2015 3:23 PM
6. An advantage of the corporate form of organization is that corporations are generally less highly regulated than
proprietorships and partnerships.
Cengage Learning Testing, Powered by Cognero Page 2
, a. True
b. False
ANSWER: False
DIFFICULTY: EASY
REFERENCES: 1-3 Forms of Business Organization
QUESTION TYPE: True / False
LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 - Forms of Business Organization
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Forms of organization
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 6/23/2015 3:23 PM
7. Some partners in a partnership may have different rights, privileges, and responsibilities than other partners.
a. True
b. False
ANSWER: True
DIFFICULTY: EASY
REFERENCES: 1-3 Forms of Business Organization
QUESTION TYPE: True / False
LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 - Forms of Business Organization
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Forms of organization
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 6/23/2015 3:23 PM
8. One advantage of the corporate form of organization is that it avoids double taxation.
a. True
b. False
ANSWER: False
DIFFICULTY: EASY
REFERENCES: 1-3 Forms of Business Organization
QUESTION TYPE: True / False
LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 - Forms of Business Organization
NATIONAL STANDARDS: United States - BUSPROG.FOFM.BRIG.17.06 - Reflective thinking
STATE STANDARDS: United States - OH - DISC.FOFM.BRIG.17.06 - Finance function
TOPICS: Forms of organization
KEYWORDS: Bloom's: Knowledge
DATE CREATED: 6/23/2015 3:23 PM
DATE MODIFIED: 6/23/2015 3:23 PM
9. It is generally harder to transfer one's ownership interest in a partnership than in a corporation.
Cengage Learning Testing, Powered by Cognero Page 3
The benefits of buying summaries with Stuvia:
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
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller DreamAchievers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R374,66. You're not tied to anything after your purchase.
