Business Finance - Quarterly Review

TRUE OR FALSE

Security is a type of financial instrument.

• TRUE

• FALSE

TRUE OR FALSE:

Money can be a medium of exchange for barter.

• TRUE

• FALSE

TRUE OR FALSE

A sales budget is a financial plan that outlines an organization's projected sales revenue for a specific period.

• TRUE

• FALSE

TRUE OR FALSE:

Understanding finance requires an understanding of the financial environment.

• TRUE

• FALSE

TRUE OR FALSE:

Financial decisions made by businesses will not impact the stability of the economy.

• TRUE

• FALSE

TRUE OR FALSE

Lending companies provide financial protection to individuals and businesses by covering the costs of unforeseen events and losses.

• TRUE

• FALSE

TRUE OR FALSE:

Riskier assets are always a better choice than less-risky assets because they offer the potential for higher returns.

• TRUE

• FALSE

TRUE OR FALSE

Budgeting is a one-time activity and does not require regular review and adjustment.

• TRUE

• FALSE

TRUE OR FALSE:

Delaying a purchase decision can help you figure out if you really need it or just want it for a short time.

• TRUE

• FALSE

TRUE OR FALSE

The Board of Directors of a non-profit organization typically is not involved in financial management decisions.

• TRUE

• FALSE