BUSI 530 QUIZ 4 / BUSI530 QUIZ 4:LATEST-LIBERTY UNIVERSITY
5 views 0 purchase
Course
BUSI 530 (BUSI530)
Institution
Liberty University
BUSI 530 QUIZ 4 / BUSI530 QUIZ 4:LATEST-LIBERTY UNIVERSITY• BUSI 530 QUIZ 4
Question 1
2 out of 2 points
When financial managers take action to minimize the carrying costs of current assets, they:
Answer
• Question 2
2 out of 2 points
As for the preparati...
When financial managers take action to minimize the carrying
costs of current assets, they:
Answer
Selected Answer: may increase costs due to shortages.
Question 2
2 out of 2 points
As for the preparation of cash budgets, capital expenditures are:
Answer
Selected Answer: included as sources of operating cash.
Question 3
2 out of 2 points
Which of the following statements about total capital requirement is
least likely to be correct for a profitable firm?
Answer
,Selected Answer: The trend is often upward-sloping.
Question 4
2 out of 2 points
Field warehousing can be an important source of:
Answer
Selected short-term financing with low risk to the
Answer: lender.
Question 5
2 out of 2 points
Which of the following is correct for a firm that reduces its
accounts receivable balance from the previous quarter?
Answer
Selected Answer: Collections exceeded sales.
Question 6
2 out of 2 points
In "field warehousing" the inventory is kept by the:
Answer
, Selected Answer: Independent warehousing company
Question 7
2 out of 2 points
Which of the following is least likely to be correct for a firm that
repeatedly stretches its payables?
Answer
Selected The firm may receive more favorable status
Answer: from suppliers due to its volume of purchases.
Question 8
2 out of 2 points
What strategy regarding long- versus short-term financing is not
being followed if managers resort to short-term investing during
downturns in the business cycle?
Answer
Selected Answer: Both b and c above
Question 9
2 out of 2 points
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 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 these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ATIHUB. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
