D076 OA Questions And Correct Answers | UPDATED !!
93 views 5 purchases
Course
D076 OA
Institution
D076 OA
D076 OA Questions And Correct
Answers | UPDATED !!
1. What are the main services offered by financial institutions?
A. Soliciting charitable donations and then managing the distribution of
these funds
B. Accepting a wide variety of deposits, offering investment products,
providing loans, a...
D076 OA Questions And Correct
Answers | UPDATED !!
1. What are the main services offered by financial institutions?
A. Soliciting charitable donations and then managing the distribution of
these funds
B. Accepting a wide variety of deposits, offering investment products,
providing loans, and brokering financial transactions
C. Deciding which assets to invest in to create wealth in the future
D. Evaluating sources of funding for a business project, the capital
structure of a firm, or actions managers could take to increase the value of
the firm - ANSWER : B. Accepting a wide variety of deposits, offering
investment products, providing loans, and brokering financial transactions
2. What is the main objective of personal financial goals?
A. To maximize stock investments
B. To maximize individual utility
C. To maximize charity donations
D. To maximize owner wealth - ANSWER : B. To maximize individual utility
3. Which task does the financial manager of a firm perform that
involves the issuance of new stocks and bonds?
A. Making financing decisions
B. Managing working capital
C. Deciding on accounting standards
,D. Making investing decisions - ANSWER : A. Making financing decisions
4. Why is understanding the definition of finance important in managing
personal finances?
A. It helps individuals compare the costs and benefits of an action to
determine whether to take that action.
B. It helps individuals act ethically with regard to finances.
C.It helps individuals understand legal issues related to finance.
D. It allows individuals to find an investment with the highest return
possible. - ANSWER : A. It helps individuals compare the costs and
benefits of an action to determine whether to take that action.
5. In which type of market would a company issue bonds or stocks for
the first time?
Dealer market
Primary market
Secondary market
Money market - ANSWER : Primary market
6. Which type of financial institution is a mutual fund?
Contractual institution
Depository institution
Investment institution
Federal institution - ANSWER : Investment institution
7. Which financial institution specializes in managing and administering
retirement funds?
, Investment banks
Mutual funds
Pension funds
Private equity - ANSWER : Pension funds
8. Which type of economic indicator is the consumer price index?
Leading indicator
Coincident indicator
Forecasting indicator
Lagging indicator - ANSWER : Lagging indicator
What does the term ethical refer to?
The accepted standards of conduct that guide a person's behavior
An idea or thing used as a measure, norm, or model in comparative
evaluations
One's beliefs about right and wrong, good and bad, or just and unjust
Following the laws and rules set by an authority - ANSWER : The
accepted standards of conduct that guide a person's behavior
A company's officers and board of directors are selling their stocks in the
firm at higher prices due to false accounting reports that made the stock
seem more valuable than it truly was. Which ethical issue is occurring in
this situation?
Conflict between work and personal affairs
Maximizing shareholder value
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 TOPPLUGGER. 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.
