Question $1$:

A financial manager must be concerned with three basic areas: Capital budgeting, capital structure, and working capital.

a$.$ True

b$.$ False

Question $2$:

Which of the following is the BEST description of the goal of the financial manager in a corporation where shares are publicly traded?

a$.$ Maximize sales

b$.$ Maximize the Value of the Company

c$.$ Avoid financial distress

d$.$ Maintain steady earnings growth

Ouestion $3$:

$"$It is easy to transfer the ownership" is an advantage of both "Sole Proprietorship" and "Corporations".

a$.$ True

b$.$ False

Question $4$:

True or False? "Standardized Financial Statements make it easier to compare financial information, particularly as the company grows."

a$.$ True

b$.$ False

$\frac{\text{Q}\text{u}\text{e}\text{s}\text{t}\text{i}\text{o}\text{n}5\text{:}}{\text{R}\text{a}\text{t}\text{i}\text{o}\text{s}\text{A}\text{n}\text{a}\text{l}\text{y}\text{s}\text{i}\text{s}\text{a}\text{l}\text{l}\text{o}\text{w}\text{f}\text{o}\text{r}\text{:}}$

a$.$ better comparison through time

b$.$ better comparison between companies

c$.$ both