withintheglobaleconomicviewpoint. withregardtogovernmentallawsandculturaleffectiveness. whentheaddedbenefitsexceedtheaddedcosts. basedontheimpactofpublicopinion. c ANSWER: Therearethreeformsofbusinessorganization.Whichofthefollowinghasunlimitedliability? Corporation Generalpartnership OnlystatementIiscorrect OnlystatementIIiscorrect BothstatementsIandIIarecorrect NeitherstatementInorIIiscorrect b ANSWER: Themanagerialdecisionthatemergesfromthemicroeconomicprofitmaximizationmodelis: MarginalCosts<MarginalRevenues MarginalCosts=Profits MarginalRevenues>MarginalCosts MarginalCosts=MarginalRevenue d ANSWER: 10K&14BCorporations Section8andSubchapterSCorporations SubchapterSandLLCs 10KCorporationsandLLCs c ANSWER: Thetypeofcorporatesecuritythatpaysperiodicinterestaswellastheeventualreturnofprincipalis: Preferredstock DebtSecurities EquitySecurities Fixedassetloans b ANSWER: WhatisthefunctionoftheCFO? Controloftheaccountingfunctionsofthefirm. Effectivecommunicationwiththeinvestmentcommunityaboutthefirm’sperformance. Oversightofthefinancialstatements. Determinationofeffectivetaxreductionstrategies.
withintheglobaleconomicviewpoint. withregardtogovernmentallawsandculturaleffectiveness. whentheaddedbenefitsexceedtheaddedcosts. basedontheimpactofpublicopinion. ANSWER: c Therearethreeformsofbusinessorganization.Whichofthefollowinghasunlimitedliability? Corporation Generalpartnership OnlystatementIiscorrect OnlystatementIIiscorrect BothstatementsIandIIarecorrect NeitherstatementInorIIiscorrect ANSWER: b Themanagerialdecisionthatemergesfromthemicroeconomicprofitmaximizationmodelis: MarginalCosts<MarginalRevenues MarginalCosts=Profits MarginalRevenues>MarginalCosts MarginalCosts=MarginalRevenue ANSWER: d 10K&14BCorporations Section8andSubchapterSCorporations SubchapterSandLLCs 10KCorporationsandLLCs ANSWER: c Thetypeofcorporatesecuritythatpaysperiodicinterestaswellastheeventualreturnofprincipalis: Preferredstock DebtSecurities EquitySecurities Fixedassetloans ANSWER: b WhatisthefunctionoftheCFO? Controloftheaccountingfunctionsofthefirm. Effectivecommunicationwiththeinvestmentcommunityaboutthefirm’sperformance. Oversightofthefinancialstatements. Determinationofeffectivetaxreductionstrategies.
Test-Bank-for-Contemporary-Financial-Management-13th-Edition-by-Moyer.docx