The management of a firm’s cash, inventory, and payables is referred to as
working capital management.
The Sarbanes-Oxley Act was enacted:
to help protect investors and others from financial malpractice.
When a firm decides to borrow money rather than issue stock to raise funds for a new
project, the company is making a(n) __________ decision.
capital structure
Which one of the following functions should be assigned to the controller rather than the treasurer?
Which one of the following functions should be assigned to the controller rather than
the treasurer?
An agency problem frequently exists in situations where there is a separation of:
company ownership and company management.
Working capital management includes which of the following?
I. controlling the inventory level
II. determining when to pay suppliers
III. deciding how much long-term debt to assume
IV. controlling the amount of cash that is readily available
I, II, and IV only
The rules which outline how a corporation will regulate itself are referred to as the:
bylaws.
Which of the following are careers in finance?
I. insurance agent
II. security analyst
III. portfolio manager
IV. corporate treasurer
I, II, III, and IV
The term used to describe the study of means by which a manager can determine which long-term investments to pursue, how to pay for those investments, and how to manage the daily finances of a firm is:
business finance
The primary goal of financial management is to maximize the:
