QUESTION 1

The top row on a Value Line includes the name, ticker and P/E ratio among other things.

True

False

QUESTION 2

The statement of sources and uses should be checked more frequently than the other statements.

True

False

QUESTION 3

The goal of any firm is to ethically wealth maximize for their shareholders (owners).

True

False

QUESTION 4

Value creation is often measured using the tools of the payback period method, net present value and internal rate of return.

True

False

QUESTION 5

A paradox exists for most managers trying to grow their company over the long-term while being incentivized over the short term.

True

False

QUESTION 6

Accounting and finance are closely related as the finance manager uses the information given them by the accountant.

True

False

QUESTION 7

Finance is like a language, that must be learned in order to understand the workings of the economy and the firm.

True

False

QUESTION 8

Ethical behavior is a natural byproduct of being in business.

True

False

QUESTION 9

The income statement is the one statement of greatest concern to both shareholders and bondholders alike.

True

False

QUESTION 10

An owner/shareholder can present an agency problem as what is good for the owner is not always good for the other shareholders.

True

False

QUESTION 1 The top row on a Value Line includes the name, ticker and P/E ratio among other things. True False QUESTION 2 The statement of sources and uses should be checked more frequently than the other statements. True False QUESTION 3 The goal of any firm is to ethically wealth maximize for their shareholders (owners). True False QUESTION 4 Value creation is often measured using the tools of the payback period method, net present value and internal rate of return. True False QUESTION 5 A paradox exists for most managers trying to grow their company over the long-term while being incentivized over the short term. True False QUESTION 6 Accounting and finance are closely related as the finance manager uses the information given them by the accountant. True False QUESTION 7 Finance is like a language, that must be learned in order to understand the workings of the economy and the firm. True False QUESTION 8 Ethical behavior is a natural byproduct of being in business. True False QUESTION 9 The income statement is the one statement of greatest concern to both shareholders and bondholders alike. True False QUESTION 10 An owner/shareholder can present an agency problem as what is good for the owner is not always good for the other shareholders. True False