1) Finance is concerned with the process of institutions, markets, and instruments involved in the transfer of money among and between individuals, businesses, and government.

True or false. Elaborate.

2) Managerial finance ________.

A) involves tasks such as budgeting, financial forecasting, cash management, and funds procurement

B) involves the design and delivery of advice and financial products

C) recognizes funds on an accrual basis

D) devotes the majority of its attention to the collection and presentation of financial data

Elaborate on your answer.

Chapter 2

3) The Eurocurrency market is a market for short-term bank deposits denominated in U.S. dollars or other easily convertible currencies.

True or false. Elaborate.

4) Which of the following is true of international equity markets?

A) In the international equity market, corporations cannot raise capital through IPOs. Instead, they can raise capital by trading in the secondary market.

B) In the international equity market, corporations can easily manipulate the shares' price since any regulatory bodies do not regulate it.

C) In the international equity market, corporations can only sell blocks of shares to institutional investors from European Union.

D) In the international equity market, corporations can sell blocks of shares to investors in several different countries simultaneously.

Elaborate on your answer.