Question 1

Programs passed by the federal government in response to the financial crisis of 2007-2009 include all of the following except:

Accepted Answer

A)  Economic Security Act
B)  Toxic Asset Response Program
C)  American Real Estate Reinvestment Act
D)  only a and b were passed
E)  none of the above were passed

Question 2

Finance has its origins in:

Accepted Answer

A)  economics and statistics
B)  accounting and mathematics
C)  management and operations
D)  economics and accounting

Question 3

Among the six principles of finance,all are included except:

Accepted Answer

A)  Money has a time value.
B)  Higher returns are expected for taking on more risk
C)  Diversification of investments can reduce risk
D)  Financial markets are efficient in pricing securities
E)  all of the above are included

Question 4

Programs passed by the federal government in response to the financial crisis of 2007-2009 include all of the following except:

Accepted Answer

A)  Economic Security Act
B)  Toxic Asset Response Program
C)  American Real Estate Reinvestment Act
D)  only a and b were passed
E)  none of the above were passed

Question 5

Finance has its origins in:

Accepted Answer

A)  economics and statistics
B)  accounting and sociology
C)  accounting and economics
D)  psychology and mathematics

Question 6

If the interest rate is greater than 0%,then a dollar today is worth

Accepted Answer

A)  more than a dollar tomorrow
B)  the same as a dollar tomorrow
C)  less than a dollar tomorrow
D)  there is not sufficient information to tell

Question 7

An area of finance that involves the study of organizations or intermediaries that help the financial system operate efficiently and transfer funds from savers and investors to individuals,businesses,and governments that seek to spend or invest the funds in physical assets (inventories,buildings,and equipment) is called:

Accepted Answer

A)  financial management
B)  investments
C)  financial institutions
D)  financial markets
E)  none of the above

Question 8

The principle of finance that " higher returns are expected for taking on less risk " implies that rational investors would choose only safe investment because they generally do not feel that a higher return enough to justify taking greater risk.

Accepted Answer

A) True 
 B)False

Question 9

To study finance at the micro level is to study of all but which of the following?

Accepted Answer

A)  fund raising for business firms
B)  financial institutions
C)  asset management
D)  financial planning

Question 10

Which of the following statements most correctly describes the process of capital formation?

Accepted Answer

A)  In a highly developed economy,capital formation takes place directly.
B)  Capital formation takes place whenever resources are used to produce building,machinery,and other equipment to be used in the production of goods for consumer use.
C)  The direct process of capital formation can work only if the proper legal instruments and financial intermediaries exist.
D)  All of the above statements are correct.

Question 11

Entrepreneurial finance is the study of how individuals prepare for financial emergencies,protect against premature death and property losses,and accumulate wealth.

Accepted Answer

A) True 
 B)False

Exam 1: The Financial Environment

Programs passed by the federal government in response to the financial crisis of 2007-2009 include all of the following except:

Correct Answer
verified

Correct Answer
verified

If the interest rate is greater than 0%,then a dollar today is worth

Correct Answer
verified

Finance has its origins in:

Correct Answer
verified

To study finance at the micro level is to study of all but which of the following?

Correct Answer
verified

The principle of finance that " higher returns are expected for taking on less risk " implies that rational investors would choose only safe investment because they generally do not feel that a higher return enough to justify taking greater risk.

Correct Answer
verified

Entrepreneurial finance is the study of how individuals prepare for financial emergencies,protect against premature death and property losses,and accumulate wealth.

Correct Answer
verified

Programs passed by the federal government in response to the financial crisis of 2007-2009 include all of the following except:

Correct Answer
verified

Finance has its origins in:

Correct Answer
verified

Which of the following statements most correctly describes the process of capital formation?

Correct Answer
verified

Among the six principles of finance,all are included except:

Correct Answer
verified

Exam 1: The Financial Environment

Programs passed by the federal government in response to the financial crisis of 2007-2009 include all of the following except:

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

If the interest rate is greater than 0%,then a dollar today is worth

Correct AnswerverifiedShow Answer

Finance has its origins in:

Correct AnswerverifiedShow Answer

To study finance at the micro level is to study of all but which of the following?

Correct AnswerverifiedShow Answer

The principle of finance that " higher returns are expected for taking on less risk " implies that rational investors would choose only safe investment because they generally do not feel that a higher return enough to justify taking greater risk.

Correct AnswerverifiedShow Answer

Entrepreneurial finance is the study of how individuals prepare for financial emergencies,protect against premature death and property losses,and accumulate wealth.

Correct AnswerverifiedShow Answer

Programs passed by the federal government in response to the financial crisis of 2007-2009 include all of the following except:

Correct AnswerverifiedShow Answer

Finance has its origins in:

Correct AnswerverifiedShow Answer

Which of the following statements most correctly describes the process of capital formation?

Correct AnswerverifiedShow Answer

Among the six principles of finance,all are included except:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified