Question 1

A patent is a productive asset for a technology-based firm.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is considered a hybrid organizational form?

Accepted Answer

A)   sole proprietorship
B)   partnership
C)   corporation
D)   limited liability partnership

Question 3

The local Republican Party is a stakeholder in a local firm that makes no political donations to either party.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following does maximizing shareholder wealth not usually account for?

Accepted Answer

A)   Risk.
B)   Government regulation.
C)   The timing of cash flows.
D)   Amount of cash flows.

Question 5

One reason for the existence of agency problems between managers and share holders is that

Accepted Answer

A)   there is a separation of ownership and control of the firm.
B)   managers know how to manage the firm better than shareholders.
C)   shareholders have unreasonable expectations about managerial performance.
D)   none of the above

Exam 1: The Financial Manager and the Company

The local Republican Party is a stakeholder in a local firm that makes no political donations to either party.

Correct Answer
verified

Which of the following does maximizing shareholder wealth not usually account for?

Correct Answer
verified

A patent is a productive asset for a technology-based firm.

Correct Answer
verified

One reason for the existence of agency problems between managers and share holders is that

Correct Answer
verified

Which of the following is considered a hybrid organizational form?

Correct Answer
verified

Exam 1: The Financial Manager and the Company

The local Republican Party is a stakeholder in a local firm that makes no political donations to either party.

Correct AnswerverifiedShow Answer

Which of the following does maximizing shareholder wealth not usually account for?

Correct AnswerverifiedShow Answer

A patent is a productive asset for a technology-based firm.

Correct AnswerverifiedShow Answer

One reason for the existence of agency problems between managers and share holders is that

Correct AnswerverifiedShow Answer

Which of the following is considered a hybrid organizational form?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified