100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank - Fundamentals of Financial Management, 16th Edition by Eugene F. Brigham, (All Chapters included 1-17) ||Complete A+ Guide$17.99
Add to cart
fcan fendeavor fto fhave fthe fboard fvoted fout fand fa fnew fboard fvoted fin fshould fa fconflict farise. fIt fis fpossible ffor fa fperson
fto fsimultaneously fserve fas fCEO fand fchairman fof fthe fboard, f though fmany fcorporate fcontrol fexperts fbelieve fit fis fbad fto
fvest fboth foffices fin fthe fsame fperson.
a. True
Cengage Learning Testing, Powered by Cognero Page 2
, b. False
ANSWER: True
DIFFICULTY: EASY
REFERENCES: 1-1 fWhat fIs fFinance?
QUESTION fTYPE: True f/ fFalse
LEARNING fOBJECTIVES: f FOFM.BRIG.17.01.01 f- fWhat fIs fFinance?
NATIONAL fSTANDARDS: f United fStates f- fBUSPROG.FOFM.BRIG.17.06 f- fReflective
fthinking fSTATE fSTANDARDS: United fStates f- fOH f- fDISC.FOFM.BRIG.17.06 f- fFinance
ffunction fTOPICS: Role fof ffinance
KEYWORDS: Bloom's: fKnowledge
DATE fCREATED: 6/23/2015 f3:23 fPM
DATE fMODIFIED: 8/5/2015 f1:34 fPM
4. Partnerships fand fproprietorships fgenerally fhave fa ftax fadvantage fover fcorporations.
a. True
b. False
ANSWER: True
DIFFICULTY: EASY
REFERENCES: 1-3 fForms fof fBusiness fOrganization
QUESTION fTYPE: True f/ fFalse
LEARNING fOBJECTIVES: f FOFM.BRIG.17.01.03 f- fForms fof fBusiness fOrganization
fNATIONAL fSTANDARDS: f United fStates f- fBUSPROG.FOFM.BRIG.17.06 f- fReflective
fthinking fSTATE fSTANDARDS: United fStates f- fOH f- fDISC.FOFM.BRIG.17.06 f- fFinance
ffunction fTOPICS: Forms fof forganization
KEYWORDS: Bloom's: fKnowledge
DATE fCREATED: 6/23/2015 f3:23 fPM
DATE fMODIFIED: 6/23/2015 f3:23 fPM
5. A fdisadvantage fof fthe fcorporate fform fof forganization fis fthat fcorporate fstockholders fare fmore fexposed fto
fpersonal fliabilities fin fthe fevent fof fbankruptcy fthan fare finvestors fin fa ftypical fpartnership.
a. True
b. False
ANSWER: False
DIFFICULTY: EASY
REFERENCES: 1-3 fForms fof fBusiness fOrganization
QUESTION fTYPE: True f/ fFalse
LEARNING fOBJECTIVES: f FOFM.BRIG.17.01.03 f- fForms fof fBusiness fOrganization
fNATIONAL fSTANDARDS: f United fStates f- fBUSPROG.FOFM.BRIG.17.06 f- fReflective
fthinking fSTATE fSTANDARDS: United fStates f- fOH f- fDISC.FOFM.BRIG.17.06 f- fFinance
ffunction fTOPICS: Forms fof forganization
KEYWORDS: Bloom's: fKnowledge
DATE fCREATED: 6/23/2015 f3:23 fPM
DATE fMODIFIED: 6/23/2015 f3:23 fPM
6. An fadvantage fof fthe fcorporate fform fof forganization fis fthat fcorporations fare fgenerally fless fhighly fregulated
fthan fproprietorships fand fpartnerships.
Cengage Learning Testing, Powered by Cognero Page 3
, a. True
b. False
ANSWER: False
DIFFICULTY: EASY
REFERENCES: 1-3 fForms fof fBusiness fOrganization
QUESTION fTYPE: True f/ fFalse
LEARNING fOBJECTIVES: f FOFM.BRIG.17.01.03 f- fForms fof fBusiness fOrganization
fNATIONAL fSTANDARDS: f United fStates f- fBUSPROG.FOFM.BRIG.17.06 f- fReflective
fthinking fSTATE fSTANDARDS: United fStates f- fOH f- fDISC.FOFM.BRIG.17.06 f- fFinance
ffunction fTOPICS: Forms fof forganization
KEYWORDS: Bloom's: fKnowledge
DATE fCREATED: 6/23/2015 f3:23 fPM
DATE fMODIFIED: 6/23/2015 f3:23 fPM
7. Some fpartners fin fa fpartnership fmay fhave fdifferent frights, fprivileges, fand fresponsibilities fthan fother fpartners.
a. True
b. False
ANSWER: True
DIFFICULTY: EASY
REFERENCES: 1-3 fForms fof fBusiness fOrganization
QUESTION fTYPE: True f/ fFalse
LEARNING fOBJECTIVES: f FOFM.BRIG.17.01.03 f- fForms fof fBusiness fOrganization
fNATIONAL fSTANDARDS: f United fStates f- fBUSPROG.FOFM.BRIG.17.06 f- fReflective
fthinking fSTATE fSTANDARDS: United fStates f- fOH f- fDISC.FOFM.BRIG.17.06 f- fFinance
ffunction fTOPICS: Forms fof forganization
KEYWORDS: Bloom's: fKnowledge
DATE fCREATED: 6/23/2015 f3:23 fPM
DATE fMODIFIED: 6/23/2015 f3:23 fPM
8. One fadvantage fof fthe fcorporate fform fof forganization fis fthat fit favoids fdouble ftaxation.
a. True
b. False
ANSWER: False
DIFFICULTY: EASY
REFERENCES: 1-3 fForms fof fBusiness fOrganization
QUESTION fTYPE: True f/ fFalse
LEARNING fOBJECTIVES: f FOFM.BRIG.17.01.03 f- fForms fof fBusiness fOrganization
fNATIONAL fSTANDARDS: f United fStates f- fBUSPROG.FOFM.BRIG.17.06 f- fReflective
fthinking fSTATE fSTANDARDS: United fStates f- fOH f- fDISC.FOFM.BRIG.17.06 f- fFinance
ffunction fTOPICS: Forms fof forganization
KEYWORDS: Bloom's: fKnowledge
DATE fCREATED: 6/23/2015 f3:23 fPM
DATE fMODIFIED: 6/23/2015 f3:23 fPM
9. It fis fgenerally fharder fto ftransfer fone's fownership finterest fin fa fpartnership fthan fin fa fcorporation.
Cengage Learning Testing, Powered by Cognero Page 4
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 Ascorers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
