ACCOUNTING 333

ACCOUNTING 333 CHAPTER 1 PRACTICE QUIZ The treasurer and the controller of a corporation generally report to the: o o o o o president. board of directors. chief executive officer. chief financial officer. chairman of the board. 2. Which one of these best describes the key difference between the duties of the controller and those of the treasurer? o o o o o Separation of duties related to assets versus those related to debt and equity Separation of authority over tax records v...

ACCOUNTING 333 CHAPTER 4 PRACTICE QUIZ The value of a firm is best defined as the: o sum of all of the firm's future cash flows. o current year's cash flow times (1 + g). o current year's cash flow divided by r. o total present value of all of the firm's future cash flows. o current year's cash flows divided by (g - r). 2. Given a firm with positive annual cash flows, which one of the following will increase the current value of that firm? o Increasing the annual growth rate of th...

ACCOUNTING 333 CHAPTER 1 PRACTICE QUIZ The treasurer and the controller of a corporation generally report to the: o president. o board of directors. o chief executive officer. o chief financial officer. o chairman of the board. 2. Which one of these best describes the key difference between the duties of the controller and those of the treasurer? o Separation of duties related to assets versus those related to debt and equity o Separation of authority over tax records versus accountin...

ACCOUNTING 333 CHAPTER 4 PRACTICE QUIZ The value of a firm is best defined as the: o sum of all of the firm's future cash flows. o current year's cash flow times (1 + g). o current year's cash flow divided by r. o total present value of all of the firm's future cash flows. o current year's cash flows divided by (g - r). 2. Given a firm with positive annual cash flows, which one

ACCOUNTING 333 CHAPTER 1 PRACTICE QUIZ The treasurer and the controller of a corporation generally report to the: o president. o board of directors. o chief executive officer. o chief financial officer. o chairman of the board. 2. Which one of these best describes the key difference between the duties of the controller and those of the treasurer? o Separation of duties related to assets versus those related to debt and equity o Separation of authority over tax records versus accounting r...

1 ACCOUNTING 333 CHAPTER 3 PRACTICE QUIZ. 1. Financial ratios that measure a firm's ability to pay its bills over the short run without undue stress are often referred to as: o asset management ratios. o liquidity measures. o leverage ratios. o profitability ratios. o utilization ratios.

ACCOUNTING 333 CHAPTER 4 PRACTICE QUIZ

ACCOUNTING 333 CHAPTER 4 PRACTICE QUIZ The value of a firm is best defined as the: o sum of all of the firm's future cash flows. o current year's cash flow times (1 + g). o current year's cash flow divided by r. o total present value of all of the firm's future cash flows. o current year's cash flows divided by (g - r). 2. Given a firm with positive annual cash flows, which one of the following will increase the current value of that firm? o Increasing the annual growth rate of ...

ACCOUNTING 333 CHAPTER 1 PRACTICE QUIZ The treasurer and the controller of a corporation generally report to the: o president. o board of directors. o chief executive officer. o chief financial officer. o chairman of the board. 2. Which one of these best describes the key difference between the duties of the controller and those of the treasurer? o Separation of duties related to assets versus those related to debt and equity o Separation of authority over tax records versus accounting...