Question 1

When a high-growth company first makes its shares available to investors, it has an IPO because it needs to raise more funds to continue its growth. What is an IPO?

Accepted Answer

an initial

Question 2

What are sales for which a company has not yet been paid?

Accepted Answer

A)  bad debts 
B)  account payables 
C)  liabilities owing 
D)  accounts receivable 
A)  bad debts 
B)  account payables 
C)  liabilities owing 
D)  accounts receivable

Question 3

HGQ Corporation had a very profitable year in 2016. After increasing its dividend payout to shareholders, management wanted to reinvest some of the profits back in the company for future expansion. They would put the profits after dividend payouts into which of the following accounts?

Accepted Answer

A)  share equity 
B)  investor earnings 
C)  retained earnings 
D)  secondary earnings 
A)  share equity 
B)  investor earnings 
C)  retained earnings 
D)  secondary earnings

Question 4

Give an example of internal equity financing.

Accepted Answer

The answer of Give an example of internal equity financing....

Question 5

List three forms of long-term debt that are available to companies.

Accepted Answer

term loans

Question 6

Budgets that forecast a company's outlays for fixed assets, typically covering a period of several years, are known as capital budgets.

Accepted Answer

A) True 
 B)False

Question 7

Commercial paper is an unsecured short-term debt or an IOU issued by a financially strong corporation.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is a company-wide, strategic approach to identifying, monitoring, and managing a company's risk?

Accepted Answer

A)  enterprise risk management 
B)  business interruption insurance 
C)  key person life insurance 
D)  professional liability insurance 
A)  enterprise risk management 
B)  business interruption insurance 
C)  key person life insurance 
D)  professional liability insurance

Question 9

What are short-term forecasts that project revenues, costs of goods, and operating expenses over a one-year period?

Accepted Answer

A)  supervised plans 
B)  internal plans 
C)  operating plans 
D)  strategic plans 
A)  supervised plans 
B)  internal plans 
C)  operating plans 
D)  strategic plans

Question 10

As the Toronto-based Four Seasons hotel chain remodels an existing hotel in Mumbai to bring it to the five-star hotel's exacting standards, it is building a magnificent revolving restaurant overlooking the Arabian Sea. The restaurant structure is an example of which of the following?

Accepted Answer

A)  material cost 
B)  account receivable 
C)  operating cost 
D)  capital expenditure 
A)  material cost 
B)  account receivable 
C)  operating cost 
D)  capital expenditure

Question 11

What is the amount that the insured must pay before insurance benefits begin?

Accepted Answer

A)  underwritten amount 
B)  deductible 
C)  premium 
D)  indemnity 
A)  underwritten amount 
B)  deductible 
C)  premium 
D)  indemnity

Question 12

Selling a company's accounts receivables to a financial institution at a discount is called countertrading.

Accepted Answer

A) True 
 B)False

Question 13

Financial managers constantly strive for a balance between which of the following?

Accepted Answer

A)  common and preferred shares 
B)  economic responsibility and social responsibility 
C)  cash and marketable securities 
D)  the opportunity for profit and the potential for loss 
A)  common and preferred shares 
B)  economic responsibility and social responsibility 
C)  cash and marketable securities 
D)  the opportunity for profit and the potential for loss

Question 14

The financial planning process begins with which of the following?

Accepted Answer

A)  budgeting 
B)  expert systems 
C)  financial forecasts 
D)  brainstorming 
A)  budgeting 
B)  expert systems 
C)  financial forecasts 
D)  brainstorming

Question 15

Short-term loans are best described by which of the following?

Accepted Answer

A)  They are always secured. 
B)  They have a maturity of one year or longer. 
C)  They do not require any collateral. 
D)  They are shown as a liability on the balance sheet. 
A)  They are always secured. 
B)  They have a maturity of one year or longer. 
C)  They do not require any collateral. 
D)  They are shown as a liability on the balance sheet.

Question 16

To maximize the company's value, the financial manager has to constantly strive for a balance between which of the following?

Accepted Answer

A)  shareholder and board of directors demands 
B)  short-term gains over long-term goals 
C)  tolerance for debt and investments in assets 
D)  balance sheet and income statement 
A)  shareholder and board of directors demands 
B)  short-term gains over long-term goals 
C)  tolerance for debt and investments in assets 
D)  balance sheet and income statement

Question 17

Long-term forecasts are also called tactical plans.

Accepted Answer

A) True 
 B)False

Question 18

One way to transfer risk is through insurance.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is NOT one of the three main types of unsecured short-term loans?

Accepted Answer

A)  commercial paper 
B)  accounts payable 
C)  bank loans 
D)  trade credit 
A)  commercial paper 
B)  accounts payable 
C)  bank loans 
D)  trade credit

Question 20

What is one of the advantages of debt financing?

Accepted Answer

A)  variability of interest rates 
B)  number of different sources from which it is available 
C)  no loss of ownership 
D)  no concern about swings in the stock market 
A)  variability of interest rates 
B)  number of different sources from which it is available 
C)  no loss of ownership 
D)  no concern about swings in the stock market

When a high-growth company first makes its shares available to investors, it has an IPO because it needs to raise more funds to continue its growth. What is an IPO?

What are sales for which a company has not yet been paid?

HGQ Corporation had a very profitable year in 2016. After increasing its dividend payout to shareholders, management wanted to reinvest some of the profits back in the company for future expansion. They would put the profits after dividend payouts into which of the following accounts?

Give an example of internal equity financing.

List three forms of long-term debt that are available to companies.

Budgets that forecast a company's outlays for fixed assets, typically covering a period of several years, are known as capital budgets.

Commercial paper is an unsecured short-term debt or an IOU issued by a financially strong corporation.

Which of the following is a company-wide, strategic approach to identifying, monitoring, and managing a company's risk?

What are short-term forecasts that project revenues, costs of goods, and operating expenses over a one-year period?

As the Toronto-based Four Seasons hotel chain remodels an existing hotel in Mumbai to bring it to the five-star hotel's exacting standards, it is building a magnificent revolving restaurant overlooking the Arabian Sea. The restaurant structure is an example of which of the following?

What is the amount that the insured must pay before insurance benefits begin?

Selling a company's accounts receivables to a financial institution at a discount is called countertrading.

Financial managers constantly strive for a balance between which of the following?

The financial planning process begins with which of the following?

Short-term loans are best described by which of the following?

To maximize the company's value, the financial manager has to constantly strive for a balance between which of the following?

Long-term forecasts are also called tactical plans.

One way to transfer risk is through insurance.

Which of the following is NOT one of the three main types of unsecured short-term loans?

What is one of the advantages of debt financing?

Political Environment

Economic Environment

Social Environment

Technological Environment

International Environment

Entrepreneurship and Small Business

Understanding the Business

Forms of Business Ownership

Management and Leadership in Today’s Organizations

Designing Organizational Structures

Motivating Employees

Managing Human Resources and Labour Relations

Marketing

Creating Marketing Strategies

Achieving World-class Operations Management

Accounting for Financial Success

Understanding Money and the Canadian Financial System

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Exam 18: Finance

When a high-growth company first makes its shares available to investors, it has an IPO because it needs to raise more funds to continue its growth. What is an IPO?

What are sales for which a company has not yet been paid?

HGQ Corporation had a very profitable year in 2016. After increasing its dividend payout to shareholders, management wanted to reinvest some of the profits back in the company for future expansion. They would put the profits after dividend payouts into which of the following accounts?

Give an example of internal equity financing.

List three forms of long-term debt that are available to companies.

Budgets that forecast a company's outlays for fixed assets, typically covering a period of several years, are known as capital budgets.

Commercial paper is an unsecured short-term debt or an IOU issued by a financially strong corporation.

Which of the following is a company-wide, strategic approach to identifying, monitoring, and managing a company's risk?

What are short-term forecasts that project revenues, costs of goods, and operating expenses over a one-year period?

As the Toronto-based Four Seasons hotel chain remodels an existing hotel in Mumbai to bring it to the five-star hotel's exacting standards, it is building a magnificent revolving restaurant overlooking the Arabian Sea. The restaurant structure is an example of which of the following?

What is the amount that the insured must pay before insurance benefits begin?

Selling a company's accounts receivables to a financial institution at a discount is called countertrading.

Financial managers constantly strive for a balance between which of the following?

The financial planning process begins with which of the following?

Short-term loans are best described by which of the following?

To maximize the company's value, the financial manager has to constantly strive for a balance between which of the following?

Long-term forecasts are also called tactical plans.

One way to transfer risk is through insurance.

Which of the following is NOT one of the three main types of unsecured short-term loans?

What is one of the advantages of debt financing?

Political Environment

Economic Environment

Social Environment

Technological Environment

International Environment

Entrepreneurship and Small Business

Understanding the Business

Forms of Business Ownership

Management and Leadership in Today’s Organizations

Designing Organizational Structures

Motivating Employees

Managing Human Resources and Labour Relations

Marketing

Creating Marketing Strategies

Achieving World-class Operations Management

Accounting for Financial Success

Understanding Money and the Canadian Financial System

Filters