CHAPTER 1_FINANCE

Which of the following is not a financial institution?

• A pension fund

• A newspaper publisher

• A commercial bank

• An insurance company

A ___ is set up so that employees of corporations or governments can receive income after retirement.

• life insurance company

• pension fund

• savings bank

• credit union

Most businesses raise money by selling their securities in a

• direct placement.

• commercial bank.

• public offering.

• private placement.

By definition, money market involves the buying and selling of

• funds that mature in more than one year.

• flows of funds.

• stocks and bonds.

• short-term funds

"Planning, organizing, directing and controlling the financial activities which is obtaining and utilization of funds in the firm". This statement is referred as........... ?

• Finance

• Financial management

• Operation management

• Accounting

............. is someone who oversees the financial health of an organization and helps ensure financial sustainability.

• Human Resource manager

• Director

• Financial Manager

• Accounting manager

_________ is made based on the firm's past and present performances.

• Investing

• Couching

• Forecasting

• Directing

Public finance is part of the categories of finance.

• TRUE

• FALSE

Personal finance refers to financial activities related to running a corporation.

• TRUE

• FALSE

Investor and supplier are part of the parties in financial environment.

• TRUE

• FALSE