
Finance - Midterm
Quiz
•
English
•
University
•
Practice Problem
•
Hard
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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
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A major weakness of a partnership is
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:
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Primary and secondary markets are
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
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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