100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FIN 202 Full Detailed Questions and Expert Answers $15.99   Add to cart

Exam (elaborations)

FIN 202 Full Detailed Questions and Expert Answers

 3 views  0 purchase

FIN 202 Full Detailed Questions and Expert Answers

Preview 4 out of 191  pages

  • August 12, 2024
  • 191
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (6)
avatar-seller
Schoolflix
FIN 202 Full Detailed Questions and Expert
Answers

QN=1 (20283) Which of the following does maximizing shareholder wealth not
usually account for?

a. Risk.

b. Government regulation.

c. The timing of cash flows.

d. Amount of cash flows. - ANS B



QN=2 (20262) Financial markets in which equity and debt instruments with
maturities greater than one year are traded are called

a. money markets.

b. capital markets.

c. stock markets.

d. none of these. - ANS B



QN=3 (20269) Which of the following organizational forms is subject to the most
SEC regulations?

a. sole proprietorship

b. partnership

c. private corporation

d. public corporation - ANS D

,QN=4 (20263) Profitability of a firm can be negatively affected by

a. (i) too much inventory.

b. (ii) too little inventory.

c. either (i) or (ii).

d. neither (i) nor (ii). - ANS C



QN=5 (20278) Which of the following can help align the behavior of managers with
the goals of shareholders?

a. management compensation

b. managerial labor markets

c. an independent board of directors

d. all of these - ANS D



QN=6 (20279) Executives that repeatedly put their own interests before that of the
firm may find that they have difficulty finding another job after their current one.
This is an example of

a. the managerial labor market disciplining managers.

b. the market for corporate control.

c. the board of directors affecting the prospects of a manager.

d. none of these. - ANS A

,QN=7 (20271) Which of the following is responsible for seeing that the best
possible financial analysis is presented?

a. CFO

b. CEO

c. board of directors

d. audit committee - ANS A



QN=8 (20276) Shareholders elect ______________ to represent their interest in
the firm.

a. a chairman

b. CEO

c. a board of directors

d. all of these - ANS C



QN=9 (20253) A trademark is an example of

a. a productive asset.

b. an intangible asset.

c. a nebulous asset.

d. none of these. - ANS B



QN=10 (20250) A stakeholder is

a. anyone geographically close to the firm's headquarters.

b. anyone with a claim on the cash flows of the firm.

, c. any governmental agency.

d. all of these. - ANS B



QN=11 (20281) _____________occur(s) when one party in a business transaction
has information that is unavailable to the other parties in the transaction.

a. Profits

b. Information asymmetry

c. Information efficiency

d. None of these - ANS B



QN=12 (20273) When analysts and investors determine the value of a firm's stock,
they should consider

a. the size of the expected cash flows associated with owning the stock.

b. the timing of the cash flows.

c. the riskiness of the cash flows.

d. all of these. - ANS D



QN=13 (20267) Which of the following cannot be engaged in managing the
business?

a. a sole proprietor

b. a general partner

c. a limited partner

d. none of these - ANS C

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 Schoolflix. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78998 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$15.99
  • (0)
  Add to cart