兹维博迪金融学第二版试题库1tb

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1、ChapterOneFinancialEconomicsThischaptercontains48multiplechoicequestions,20shortproblemsand5longerproblems.MultipleChoice1.Theprimarygoalofcorporatemanagementisto________shareholderwealth.(a)minimize(b)maximize(c)leverage(d)mitigateAnswer:(b)2.A________stockmarketimposes_______

2、_disciplineonmanagerstotakeactionstomaximizethemarketvalueofthefirm’sshares.(a)competitive,strong(b)dispersed,weak(c)mature,no(d)dispersed,strongAnswer:(a)3.The________formisespeciallywellsuitedtotheseparationofownershipandmanagementoffirmsbecauseitallowsrelativelyfrequentchang

3、esinownersbysharetransferwithoutaffectingtheoperationsofthefirm.(a)corporate(b)soleproprietorship(c)partnership(d)householdAnswer:(a)4.________isanythingthathaseconomicvalue.(a)Apartnership(b)Anasset(c)Abalancesheet(d)AnincomestatementAnswer:(b)1-155.Ahousehold’swealthornetwort

4、hismeasuredbythevalueofits________minusits________.(a)liabilities;assets(b)assets;liabilities(c)stocks;bonds(d)bonds;liabilitiesAnswer:(b)6.Thebranchoffinancedealingwithfinancialdecisionsoffirmsiscalled________or________.(a)investments;internationalfinance(b)markets;institution

5、s(c)businessfinance;institutions(d)businessfinance;corporatefinanceAnswer:(d)7.Bondspromise________cashpayments,whilestockspaythe________valueleftoverafterallotherclaimantshavebeenpaid.(a)variable;residual(b)residual;fixed(c)fixed;residual(d)fixed;variableAnswer:(c)8.Theday-to-

6、dayfinancialaffairsofthefirmareusuallyreferredtoas________.(a)workingcapitalmanagement(b)capitalstructure(c)capitalbudgeting(d)strategicplanningAnswer:(a)9.Adisadvantageofthesoleproprietorshipisthefactthatthesoleproprietorhas________.(a)limitedliabilityforthedebtsofthefirm(b)un

7、limitedliabilityforthedebtsofthefirm(c)expensivecoststoestablishthefirm(d)limitedauthorityovertheday-to-daybusinessdecisionsofthefirmAnswer:(b)1-1510.IntheU.S.corporationswithconcentratedownershiparecalled________andcorporationswithbroadlydispersedownershiparecalled________.(a)

8、privatecorporations;publiccorporations(b)publiccorpora