Finc exam 1 - Study guides, Class notes & Summaries

FINC 409 Ch. 1 Exam Guide Questions Correctly Answered. Finance - CORRECT ANSWER the study of how individuals, institutions, governments, and businesses acquire, spend and manage money and other financial assets Financial Environment - CORRECT ANSWER financial system, institutions or intermediaries, financial markets, business firms, individuals, and global interactions that contribute to an efficiently operating economy Financial Institutions - CORRECT ANSWER organizations or interme...

FINC Exam 1 Questions And Correct Solutions

FINC 409 - CH 1 M/C Practice Review Exam Questions. The primary goal of the financial manager of a profit-seeking organization is to: a. maximize market share b. maximize the owners' wealth c. increase sales and profit d. have healthy cash flow - CORRECT ANSWER B Finance has its origins in: a. economics and statistics b. accounting and sociology c. accounting and economics d. psychology and mathematics - CORRECT ANSWER C Finance is: a. the study of how individuals, instituti...

FINC 251 Exam 1 Questions & Answers. What strategies will you develop as a result of studying personal financial planning? - CORRECT ANSWER accumulate wealth for special goals, invest intelligently, save for retirement, use insurance to cover your assets, minimize your tax payments, manage unplanned events. You should manage unplanned events so that you can avoid the problem of? A. having to work during your "golden years" or having to sell your home because you can no longer afford ...

FINC 300 Exam 1 Questions And Answers Latest Update

FINC 2400 Chapter 1 Practice Exam Questions & Answers. 1) Most Americans will never be able to understand and develop a personal financial plan. - CORRECT ANSWER FALSE A good understanding of the financial planning process will allow you to make informed decisions without relying on the advice of financial advisors. - CORRECT ANSWER FALSE In the United States the level of savings is about A) 50% of income earned. B) 25% of income earned. C) 4.5% of income earned. D) less than 1% o...

UTK FINC 301 Exam 1 Questions With 100% Correct Answers. Stake holders - answerAnyone other than owner who has a claim on the cash flows of the firm ex: Employees, suppliers, creditors, gov't Stockholders - answerthose who have ownership Productive Assets - answerGenerates cash flows EX: rental property Residual Cash Flows - answer- same thing as retained earnings - what's left over after company pay operating expenses and taxes Role of the Financial Managers ( 3 key financial decisi...

FINC 3610 EXAM 1 SIRMANS Exam Review goal of a firm - Answer->maximize shareholder value capital budgeting - Answer->process of planning and managing a firms long term investments capital structure - Answer->mixture of longterm debt and equity the firm uses to finance its operations and investments agency problems - Answer->when interests and motives of the managers dont coincide with those of the owners -between shareholders and managers who does the board of directors rep...

FINC 4720 EXAM 1 (LECTURE 2_ BSA, CFT, CFP, AML).