Part I Multiple Choice 2 points each) 1. The financial system's primary concern is funneling money fromto_ a. savers, borrowers. b. wealthy individuals, the government. c. borrowers, savers. d. the government, wealthy individuals. 2. About 80 percent of all businesses in the United States are: a. sole proprietorships. b. partnerships. c. corporations. d. limited liability partnerships. 3. A patent is an example of: a. a productive asset. b. an intangible asset. c. a nebulous asset. d. a liquid asset. 4. A highly liquid financial instrument with a maturity of 90 days would be trader a. the money market. b. the bond market. c. the stock market. d. the commodities markets 5. The realization principle cals for the accountant ofa im to a. identify an asset with each liability of the firm. b. associate the revenue generated from a sale with the costs incu product. recognize the revenue generated from a sale when the transac cash is collected at that time. none of the above. c. d. Winter 2018 erial Finance -Mid- Term Exanm