Corporate Finance 10th Edition test bank ch01

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1、ch01Student:___________________________________________________________________________1.Thepersongenerallydirectlyresponsibleforoverseeingthetaxmanagement,costaccounting,financialaccounting,andinformationsystemfunctionsisthe:A.treasurer.B.director.C.controller.D.chair

2、manoftheboard.E.chiefexecutiveofficer.2.Thepersongenerallydirectlyresponsibleforoverseeingthecashandcreditfunctions,financialplanning,andcapitalexpendituresisthe:A.treasurer.B.director.C.controller.D.chairmanoftheboard.E.chiefoperationsofficer.3.Theprocessofplanningand

3、managingafirm'slong-terminvestmentsiscalled:A.workingcapitalmanagement.B.financialdepreciation.C.agencycostanalysis.D.capitalbudgeting.E.capitalstructure.4.Themixtureofdebtandequityusedbyafirmtofinanceitsoperationsiscalled:A.workingcapitalmanagement.B.financialdeprecia

4、tion.C.costanalysis.D.capitalbudgeting.E.capitalstructure.5.Themanagementofafirm'sshort-termassetsandliabilitiesiscalled:A.workingcapitalmanagement.B.debtmanagement.C.equitymanagement.D.capitalbudgeting.E.capitalstructure.6.Abusinessownedbyasingleindividualiscalleda:A.

5、corporation.B.soleproprietorship.C.generalpartnership.D.limitedpartnership.E.limitedliabilitycompany.7.Abusinessformedbytwoormoreindividualswhoeachhaveunlimitedliabilityforbusinessdebtsiscalleda:A.corporation.B.soleproprietorship.C.generalpartnership.D.limitedpartnersh

6、ip.E.limitedliabilitycompany.8.Thedivisionofprofitsandlossesamongthemembersofapartnershipisformalizedinthe:A.indemnityclause.B.indenturecontract.C.statementofpurpose.D.partnershipagreement.E.groupcharter.9.Abusinesscreatedasadistinctlegalentitycomposedofoneormoreindivi

7、dualsorentitiesiscalleda:A.corporation.B.soleproprietorship.C.generalpartnership.D.limitedpartnership.E.unlimitedliabilitycompany.10.Thecorporatedocumentthatsetsforththebusinesspurposeofafirmisthe:A.indenturecontract.B.statetaxagreement.C.corporatebylaws.D.debtcharter.

8、E.articlesofincorporation.11.Therulesbywhichcorporationsgovernthemselvesarecalled:A.indentureprovisions.B.indemnitypr