Finance Basics (1)
Beau is stressed out because he agreed to take on three new clients when his calendar is already full. Which time-management principle does he need to learn?
Be realistic in accepting responsibility for work
Which is a way that businesses can use financial information?
To identify trends
One of the roles of ethics in finance is to encourage business employees to:
Make the right decisions
What are examples of deposit-taking financial institutions?
Credit Unions and Commercial Banks
A marketplace where trading of securities such as equities, bonds, currencies, and derivatives occurs.
Financial Market
Natalia is upset because she was supposed to work on a certain account today, but her boss switched her to another account at the last minute. Which time-management principle would benefit Natalia?
Being Flexible
When Alana prepares a report so that all financial data is clearly disclosed, she is ensuring that the information is:
Transparent
When return on capital is positive, the company is most likely:
Growing in Value
Commercial banks and brokerage firms are examples of:
Financial Intermediaries
In which financial market do people make investments in cocoa beans and corn?
Soft Commodities
Julie, a newly promoted manager, lacks the time to properly prepare employee work schedules and assigns this duty to the assistant manager. Which time management technique is Julie using?
Delegating Activities
A manager is most likely to use financial information when:
Determining resources available to fund a new project
An amount of money that a business owes to someone else is referred to as:
Accounts Payable
Thad is investing in a money market, which buys and sells products such as:
Treasury Bills
A level of performance that describes using the least amount of input to achieve the highest amount of output is known as:
Efficiency
When scheduling daily activities, one should always keep in mind that plans may need to change, creating the need for:
Flexibility
To keep communication flowing with other departments, the finance function depends on:
Information Systems
What is an example of a non-deposit financial institution?
Mortgage Bank
Which is the most likely reason for faster-than-average employment growth of financial analysts and personal financial advisors?
Globalization of the securities markets making investing more complicated
A type of market that allows traders to trade any time the market is open.
Continuous Market
Which activities should be excluded from a daily to-do list?
Activities that must be done next month
The goals of the finance function are to ensure profitability and to:
Reduce Risks
An institution that combines the elements of a bureaucracy with those of a private company is called a:
Semi-Government
What is an invalid reason for the faster-than-average employment growth of financial analysts and personal financial advisors?
The U.S. population is in worse financial state than before.
Which type of financial market sells new stock or bond issues to investors?
Primary Capital