100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank For Investments 9th Canadian Edition By Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian$28.49
Add to cart
,Test Bank For
Investments 9th Canadian Edition By Zvi Bodie, Alex Kane, Alan Marcus,
Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
Chapter 1-28
Chapter 01
The Investment Environment
Multiple Choice Questions
1. The material wealth of a society is a function of
A. all financial assets.
B. all real assets.
C. all financial and real assets.
D. all physical assets.
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-01 Real Assets versus Financial Assets.
Topic: 01-01 Real Assets versus Financial Assets
2. _______ are real assets.
A. Land
B. Machines
C. Stocks and bonds
D. Knowledge
E. Land, machines, and knowledge
Land, machines and knowledge are real assets; stocks and bonds are financial assets.
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-01 Real Assets versus Financial Assets.
Topic: 01-01 Real Assets versus Financial Assets
1-1
,3. The means by which individuals hold their claims on real assets in a well-developed
economy are
A. investment assets.
B. depository assets.
C. derivative assets.
D. financial assets.
E. exchange-driven assets.
Financial assets allocate the wealth of the economy. Example: it is easier for an individual to
own shares of an auto company than to own an auto company directly.
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-01 Real Assets versus Financial Assets.
Topic: 01-01 Real Assets versus Financial Assets
4. _______ are financial assets.
A. Bonds
B. Machines
C. Stocks
D. Bonds and stocks
E. Bonds, machines, and stocks
Machines are real assets; stocks and bonds are financial assets.
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-01 Real Assets versus Financial Assets.
Topic: 01-01 Real Assets versus Financial Assets
5. _________ financial asset(s).
A. Buildings are
B. Land is a
C. Derivatives are
D. Canadian T-Bills are
E. Derivatives and Canadian bonds are
1-2
, Buildings and land are real assets.
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-01 Real Assets versus Financial Assets.
Topic: 01-01 Real Assets versus Financial Assets
6. Financial assets
A. directly contribute to the country's productive capacity.
B. indirectly contribute to the country's productive capacity.
C. contribute to the country's productive capacity, both directly and indirectly.
D. do not contribute to the country's productive capacity, either directly or indirectly.
E. are of no value to anyone.
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Easy
Learning Objective: 01-01 Real Assets versus Financial Assets.
Topic: 01-01 Real Assets versus Financial Assets
7. A security that pays a specified cash flow over a specific period is called
A. fixed income.
B. stock option.
C. mutual fund.
D. real estate.
E. index.
8. _________ is a commodity.
A. Swap
B. Money
C. Gold
D. Future contract
E. Treasury-bill
1-3
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 Succeed. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $28.49. You're not tied to anything after your purchase.
