B.A M

B.A M

University

20 Qs

quiz-placeholder

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B.A M

B.A M

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

DJ Moore

Used 3+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In this course, “business” is the legal operating form referred to as:

partnership

corporation

sole prorietorship

limited liability company

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following roles is least likely to report to the CFO?

treasurer

VP of Marketing

Pension Fund Manager

All the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is most consistent with the concept of firm value
maximization?

A. Maximizing profitability

B. Minimizing the cost of financing

Maximizing the present value of future cash flows

D. Maximizing revenue through the use of innovative market campaigns

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Firm value is negatively related to which of the following?
I. Cash Flow
II. Cash Flow Timing
III. Risk

A. I

B. I and II

C. II and III

D. I, II and III

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes a mechanism to mitigate conflicts of interest
that may exist between the stockholders of a firm and the firm’s management?

A. Agency problem

B. Ethical dilemma

C. Corporate governance

D. Board of director resolution

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The way in which the firm positions itself relative to competitors and uses its
resources refers to

strategy

corporate governance

low cost strategy

differentiation strategy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refers to the strategy of providing a unique good or service
to customers?

low cost strategy

low price strategy

differentiation strategy

profit Margin Optimization strategy

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