FNAN 522 / FNAN 522 Exam I-MIDTERM. University Of Louisiana - Lafayette Latest 2022.
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FNAN 522
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University Of Louisiana - Lafayette
FNAN 522 / FNAN 522 Exam I-MIDTERM. University Of Louisiana - Lafayette Latest 2022.FNAN 522 / FNAN 522 Exam I-MIDTERM.Started on Monday, 18 November 2019, 7:12 PM State Finished Completed on Monday, 18 November 2019, 8:05 PM Time taken 53 mins 50 secs Marks 18.00/30.00 Grade 126.00 out of 210.00 (...
fnan 522 fnan 522 exam i midterm university of louisiana lafayette latest 2022
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FNAN 522
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FNAN522-020_860-202020
Started on Monday, 18 November 2019, 7:12 PM
State Finished
Completed on Monday, 18 November 2019, 8:05 PM
Time taken 53 mins 50 secs
Marks 18.00/30.00
Grade 126.00 out of 210.00 (60%)
Question 1 A company needs to raise cash to cover its
Correct operating expenses. The company will only need
the funds for a short period of time. Which
Mark 1.00 out of
financial market is the most appropriate for the
1.00
company use to raise money (that is, likely the
lowest cost and best-matched maturity)?
Select one:
a. Capital market
b. All of these answers
c. Derivative market
d. Money market
The correct answer is: Money market
,Question 2 What is the primary goal of the Sarbanes-Oxley
Correct act according to the Module 1 video "The Goal of
Financial Management"?
Mark 1.00 out of
1.00
Select one:
a. To help maintain a primary bull market.
b. To prevent a secular bear market.
c. To protect corporate executives from
frivolous shareholder lawsuits.
d. To protect investors from corporate abuse.
The correct answer is: To protect investors from
corporate abuse.
Question 3 Which of the following is an accurate characteristic
Correct of a sole proprietorship?
Mark 1.00 out of
Select one:
1.00
a. There is more than one owner.
b. The owner is personally liable for the
business's debt and obligations.
c. The owner must file a separate tax return
for the business.
d. A sole proprietorship typically elects board
members for staggered terms.
The correct answer is: The owner is personally
liable for the business's debt and obligations.
, Question 4 Which of the following is a source of agency costs
Correct in an organization?
Mark 1.00 out of
Select one:
1.00
a. All of these answers.
b. Parties associated with the organization
have different risk preferences.
c. The managers of the organization have
different objectives than the other
shareholders.
d. The people who make the day-to-day
decisions are not the owners.
The correct answer is: All of these answers.
Question 5 Which of the following occurred during the
Correct financial crisis of 2007-2008?
Mark 1.00 out of
Select one:
1.00
a. All of these answers
b. Several major institutions failed or were
subject to government takeover.
c. Significant declines in consumer wealth and
prolonged unemployment.
d. A currency crisis, with investors transferring
their wealth to countries with stronger
currencies.
The correct answer is: All of these answers
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