Any object or objects that a group of people use to buy and sell goods and services is called: (capital; money; an earned deposit; a countertrade; a countertrade; revenue)

Which of the following is not one of the key characteristics required in order for money to be an acceptable medium of exchange? (profitability; durability; divisibility; portability; scarcity)

Making sure that enough cash is on hand to pay bills as they come due and to meet unexpected expenses is called cash(maintenance; administration; capitalization; targeting; management;)

Boulders, building trusses, and lead ingots would not make good mediums of exchange because they lack the key characteristic of: (scarcity: divisibility; compatibility; durability; portability)

Ruth Hu recently inherited $200,000. She has invested the inherited money in real estate and government securities. Hu is using her money as a:( medium of exchange; measure value; measure of wealth; commodity of exchange; store value)

______ is anything (regardless of form) that is acceptable as payment for goods and services. ( revenue: a fixed assets; Shareholders equity; money; capital)

Financial managers focus on _____, the inflow and outflow of cash. ( profit and loss patterns; sales revenues; revenue streams; financial flows; cash flow)

Weeds, sand, and paper clips would not make good mediums of exchange because they lack the key characteristic of( profitability; durability; divisibility; portability; scarcity)

Items that groups of people use as money must be _____ to be acceptable mediums of exchange (distributable, durable, comparable and valuable; portable, sortable, profitable, and divisible; compatible, durable, universal, sortable; scarce, divisible, portable, and durable; valuable, durable, compatible and scarce)

Financial managers constantly strive for a balance between(common and preferred stock; dividends paid out and interest payments; the opportunity for profit and the potential for loss; economic responsibility and social responsibility; cash and marketable securitie)

Financial managers:( play such an important organizational role that they often are called operations managers; focus on profit maximization; are described by none of the above; are not typically involved in long-term strategic planning; are simply a type of bookkeeper)