D All the resources that a business owns and which are expected to yield benefits of one type or another are referred to as: Liabilities Revenues Assets QShareholder's Equity O Expenses Question 2 The basic accounting equation is: O Debt +Assets Equity O Assets Liabilities + Owners' equity O Owners' equity - Assets Liabilities O Assets+ Liabilities-Owners' equity Question 3 7.5 pts O Corporate banking O Insider trading O Hedge funding O Underwriting 7.5 pts is defined as the use of material nonpublic information about a company to make investment profits. 1 Question 5 involves planning, obtaining, and managing a company's funds in order to accomplish its objectives as efficiently and effectively as possible O Finance O Accounting Leverage Auiting Question 6 Purchasers of common stock Oare guaranteed dividends based on a company's annual profits have the greatest security of any levestor. O have a senior claim to a company's assets during bankruptcy. usually benefit when a company is growing Question 7 O To make investment decisions To evaluate credit ratings O To plan and control O To evaluate tax liabilities Stockholders and potential investors use accounting information for which of the following reasons? Question 8 Of the four financial statements, only the statement. 7.5 pts O Income statement O balance sheet Ostatement of owners' equity O statement of cash flows 7.5 pts 7.5 pts is considered to be a permanent 7.5 pts Question 9 Securities are O obligations on the part of the issuer to provide purchasers with returns on funds invested O financial intermediaries that raise money from investors by selling shares Ostocks and savings accounts O high-quality debentures Question 10 is anything of value owned or leased by a business. O Profit 7.5 pts O An asset O Aliability O Owners' equity 7.5 pts