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Finance - Midterm

Authored by Alpie Catama

English

University

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Finance - Midterm
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34 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


The over-the-counter market is

the New York Stock Exchange.

an organised stock exchange.

a place where securities are bought and sold.

an intangible market for unlisted securities.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The wealth of the owners of a corporation is represented by

Number of employees
Debts owed by the company
Revenue generated by the company
Shares in the company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A major weakness of a partnership is

Unlimited liability for debts
Limited liability for debts
Equal distribution of profits

Limited liability among partners

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The financial manager is interested in the cash inflows and outflows of the firm, rather than the accounting data, in order to ensure:

Monitoring liquidity and financial stability.
Improving customer satisfaction
Minimizing employee turnover
Maximizing profits and revenue

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Primary and secondary markets are

Primary markets are where existing securities are bought and sold among investors, while secondary markets are where new securities are issued for the first time.
Primary markets are where new securities are issued for the first time, while secondary markets are where securities are bought and sold among investors.
Primary markets are where securities are bought and sold among investors, while secondary markets are where new securities are issued for the first time.
Primary markets are where new securities are issued for the first time, while secondary markets are where existing securities are bought and sold among investors.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


Acts like a general partnership, but is clearly for a limited period of time or a single project.

Joint Venture

General Partnership
Limited Liability Corporation (LLC)
Limited Partnership (LP)

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt


Partners divide responsibility for management and liability, as well as the shares of profit or loss according to their internal agreement. Equal shares are assumed unless there is a written agreement that states differently

Limited liability company (LLC) ​

Joint venture


Limited partnership and partnership with limited liability 

General partnership 

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