Ch_30_Financial_Management_in_Not_for_Profit_Businesses

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1、Ch30FinancialManagementinNot-for-ProfitBusinesses1. Theprimarygoalofinvestor-ownedfirmsisshareholderwealthmaximization,whiletheprimarygoalofnot-for-profitfirmsistypicallystatedintermsofsomemission;forexample,toprovidehealthcareservicestothecommunitiesser

2、ved. a. True b. FalseANSWER:  TruePOINTS:  1DIFFICULTY:  Difficulty:EasyQUESTION TYPE:  True/FalseHAS VARIABLES:  FalseLEARNING OBJECTIVES:  FMTP.EHRH.17.30.02-LO:30-2NATIONAL STANDARDS:  UnitedStates-BUSPROG:ReflectiveThinkingSTATE STANDARDS:  UnitedSta

3、tes-AK-DISC:Goalsofthefirm,roleof-DISC:Goalsofthefirm,roleoffinance,andanalysisofpublicinformationLOCAL STANDARDS:  UnitedStates-OH-DefaultCity-TBATOPICS:  GoalsofthefirmKEYWORDS:  Bloom’s:KnowledgeDATE CREATED:  8/26/201510:48AMDATE MODIFIED:  8/26/2015

4、10:48AMQUESTION ID:  JFND-GO4G-EO4R-RTNRQUESTION GLOBAL ID:  GCID-E7BW-1TBP-8Y5D-QPBT-GBTS-N3MB-GHA1-43JZ-GWH1-4A5B-GW4N-4CMG-GE51-4CJT-CR4U-YA5G-GPDI-GWN8-EPRW-EMJO-CA4G-RQDD-GJOU-GP5B-GRSS-E3DR-8YSU-13JZ-GOSU-OQBO-GOSS-KPTA-GBUG-GCJT-E7JI-YT4D-JFNN-4OT

5、I-GO4W-NQNBEE2. Not-for-profitfirmshavefundcapitalinplaceofequitycapital.Sincefundcapitaldoesnothavetoprovideareturntostockholders,theappropriatecostoffundcapitalinacostofcapitalestimateiszero. a. True b. FalseANSWER:  FalsePOINTS:  1DIFFICULTY:  Difficu

6、lty:EasyQUESTION TYPE:  True/FalseHAS VARIABLES:  FalseLEARNING OBJECTIVES:  FMTP.EHRH.17.30.03-LO:30-3NATIONAL STANDARDS:  UnitedStates-BUSPROG:ReflectiveThinkingSTATE STANDARDS:  UnitedStates-AK-DISC:Goalsofthefirm,roleof-DISC:Goalsofthefirm,roleoffina

7、nce,andanalysisofpublicinformationLOCAL STANDARDS:  UnitedStates-OH-DefaultCity-TBATOPICS:  CostofcapitalKEYWORDS:  Bloom’s:KnowledgeDATE CREATED:  8/26/201510:48AMDATE MODIFIED:  8/26/201510:48AMQUESTION ID:  JFND-GO4G-EO4R-RTNDQUESTION GLOBAL ID:  Ceng

8、ageLearningTesting,PoweredbyCogneroPage 7Ch30FinancialManagementinNot-for-ProfitBusinessesGCID-E7BW-1TBP-8Y5D-QPBT-GBTS-N3MB-GHA1-43JZ-GWH1-4A5B-GW4N-4CMG-GE51-4CJT-CR4U-YA5G-GPDI-GWN8-EPRW-EMJA-GEHG-ECTO-GCHU-EQBI-GWSU-YC