A ______________________is one financial intermediary handling individual savings and receives premium payments that are placed in loans.

• Life Insurance Company

• Commercial Bank

• Savings Bank

• Credit union

Most businesses raise money by selling their securities in a___

• direct placement

• stock exchange

• public offering

• private placement

The money market involves the buying and selling of ___

• funds that mature in more than one year

• flow of funds

• stocks and bonds

• short-term funds

The role of the _______________________________ is to determine the appropriate capital structure of the company.

• VP for Marketing

• VP for Finance

• VP for Production

• VP for administrators

It is a tool of the company to set an overall goal of what the company’s performance and position will be for and as of the end of the year.

• Forecasting

• Inventory

• Budgeting

• Projected Financial Statement

He oversee the financial health of an organization and helps ensure its continued viability.

• Finance Manager

• CEO

• BOD

• Public finance

Provide assistance in payroll preparation.

• VP Marketing

• VP Administration

• Finance Manager

• Chief of Executive Officer

An ______ is a forecast and analysis of projected income and expenses over the course of specified time period.

• Master budget

• Operating budget

• Cash flow budget

• Sales budget

The wealth of the owners of a corporation is represented by____

• share value

• profits

• earnings per share

• cash flow

The _____ is concerned with how businesses fund their operation to maximize profits and minimize costs.

• Public Finance

• Business Finance

• Corporate Finance

• Corporate Finance