testbankzip

Test Bank For Fundamentals of Financial Management, 16th Edition Eugene F. Brigham

Original price was: $35.00.Current price is: $28.00.

Edition:
16th Edition
Format:
Zip File
Resource Type:
Test Bank
Duration:
Unlimited Downlaod
Delivery:
Instant Download

Description

Test Bank For Fundamentals of Financial Management, 16th Edition Eugene F. Brigham

Chapter 01: An Overview of Financial Management

True / False

Note that there is an overlap between the T/F and multiple-choice questions, as some of the T/F statements are used in

multiple-choice questions.

Multiple Choice: True/False

1. In most corporations, the CFO ranks under the CEO.

a. True

b. False

ANSWER: True

DIFFICULTY: EASY

REFERENCES: 1-1 What Is Finance?

QUESTION TYPE: True / False

PREFACE NAME: T/F

LEARNING OBJECTIVES: FOFM.BRIG.17.01.01 – What Is Finance?

NATIONAL STANDARDS: United States – BUSPROG.FOFM.BRIG.17.06 – Reflective thinking

STATE STANDARDS: United States – OH – DISC.FOFM.BRIG.17.06 – Finance function

TOPICS: Role of finance

KEYWORDS: Bloom’s Knowledge

DATE CREATED: 6/23/2015 3:23 PM

DATE MODIFIED: 6/23/2015 3:23 PM

2. The Chairman of the Board must also be the CEO.

a. True

b. False

ANSWER: False

DIFFICULTY: EASY

REFERENCES: 1-1 What Is Finance?

QUESTION TYPE: True / False

LEARNING OBJECTIVES: FOFM.BRIG.17.01.01 – What Is Finance?

NATIONAL STANDARDS: United States – BUSPROG.FOFM.BRIG.17.06 – Reflective thinking

STATE STANDARDS: United States – OH – DISC.FOFM.BRIG.17.06 – Finance function

TOPICS: Role of finance

KEYWORDS: Bloom’s: Knowledge

DATE CREATED: 6/23/2015 3:23 PM

DATE MODIFIED: 6/23/2015 3:23 PM

3. The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking

individual. The CEO generally works under the board and its chairman, and the board generally has the authority to

remove the CEO under certain conditions. The CEO, however, cannot remove the board, but he or she can endeavor to

have the board voted out and a new board voted in should a conflict arise. It is possible for a person to simultaneously

serve as CEO and chairman of the board, though many corporate control experts believe it is bad to vest both offices in

the same person.

a. True

TEST BANK FOR FUNDAMENTALS OF FINANCIAL MANAGEMENT 16TH EDITION BY

EUGENE F. BRIGHAM & JOEL F. HOUSTONCengage Learning Testing, Powered by Cognero Page 2

b. False

ANSWER: True

DIFFICULTY: EASY

REFERENCES: 1-1 What Is Finance?

QUESTION TYPE: True / False

LEARNING OBJECTIVES: FOFM.BRIG.17.01.01 – What Is Finance?

NATIONAL STANDARDS: United States – BUSPROG.FOFM.BRIG.17.06 – Reflective thinking

STATE STANDARDS: United States – OH – DISC.FOFM.BRIG.17.06 – Finance function

TOPICS: Role of finance

KEYWORDS: Bloom’s: Knowledge

DATE CREATED: 6/23/2015 3:23 PM

DATE MODIFIED: 8/5/2015 1:34 PM

4. Partnerships and proprietorships generally have a tax advantage over corporations.

a. True

b. False

ANSWER: True

DIFFICULTY: EASY

REFERENCES: 1-3 Forms of Business Organization

QUESTION TYPE: True / False

LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 – Forms of Business Organization

NATIONAL STANDARDS: United States – BUSPROG.FOFM.BRIG.17.06 – Reflective thinking

STATE STANDARDS: United States – OH – DISC.FOFM.BRIG.17.06 – Finance function

TOPICS: Forms of organization

KEYWORDS: Bloom’s: Knowledge

DATE CREATED: 6/23/2015 3:23 PM

DATE MODIFIED: 6/23/2015 3:23 PM

5. A disadvantage of the corporate form of organization is that corporate stockholders are more exposed to personal

liabilities in the event of bankruptcy than are investors in a typical partnership.

a. True

b. False

ANSWER: False

DIFFICULTY: EASY

REFERENCES: 1-3 Forms of Business Organization

QUESTION TYPE: True / False

LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 – Forms of Business Organization

NATIONAL STANDARDS: United States – BUSPROG.FOFM.BRIG.17.06 – Reflective thinking

STATE STANDARDS: United States – OH – DISC.FOFM.BRIG.17.06 – Finance function

TOPICS: Forms of organization

KEYWORDS: Bloom’s: Knowledge

DATE CREATED: 6/23/2015 3:23 PM

DATE MODIFIED: 6/23/2015 3:23 PM

6. An advantage of the corporate form of organization is that corporations are generally less highly regulated than

proprietorships and partnerships.Cengage Learning Testing, Powered by Cognero Page 3

a. True

b. False

ANSWER: False

DIFFICULTY: EASY

REFERENCES: 1-3 Forms of Business Organization

QUESTION TYPE: True / False

LEARNING OBJECTIVES: FOFM.BRIG.17.01.03 – Forms of Business Organization

NATIONAL STANDARDS: United States – BUSPROG.FOFM.BRIG.17.06 – Reflective thinking

STATE STANDARDS: United States – OH – DISC.FOFM.BRIG.17.06 – Finance function

TOPICS: Forms of organization

KEYWORDS: Bloom’s: Knowledge

DATE CREATED: 6/23/2015 3:23 PM

DATE MODIFIED: 6/23/2015 3:23 PM

Reviews

There are no reviews yet.

Be the first to review “Test Bank For Fundamentals of Financial Management, 16th Edition Eugene F. Brigham”

Your email address will not be published. Required fields are marked *