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Match the terms relating to the basic terminology and concepts of corporate finance on the left with the descriptions of the terms on the right.
Match the terms relating to the basic terminology and concepts of corporate finance on the left with the descriptions of the terms on the right. Read each description carefully and type the letter of the description in the Answer column next to the correct term. These are not necessarily complete definitions, but there is only one possible answer for each term. Description Term Answer Finance A. This is the worth of a good or service as established by the discounted and current value of the item's cash flows. B. Corporation The U.S. Internal Revenue Service taxes the taxable income of corporations as well as the taxable investment income of the firms' shareholders. Treasurer C. This entity, which is legally separate from its managers and owners, is authorized by a state to conduct business. Limited liability This code of behavior specifies how the firm and its employeeswwill treat employees and stakeholders. Business ethics E. It addresses how financial resources are obtained, allocated, and managed by a person, a business organization, or a governmental entity. Limited partner This benefit is conferred by the corporate form of organization in which an investor's personal responsibility for the debts of the business are limited to the amount the investor has invested in the firm. Double taxation of This is a participant in a partnership, whose personal assets may not be seized to satisfy the debts of the partnership. dividends Shareholder wealth H. This primary goal of financial management is evaluated by the effect of a decision or an action on the value of the firm. maximization Stakeholder I. This corporate officer is responsible for managing the firm's cash and short-term investments, pension fund, and risks. Limited liability D. This code of behavior specifies how the firm and its employees will treat employees and stakeholders. Business ethics E. It addresses how financial resources are obtained, allocated, and managed by a person, a business organization, or a governmental entity. Limited partner F This benefit is conferred by the corporate form of organization in which an investor's personal responsibility for the debts of the business are limited to the amount the investor has invested in the firm. Double taxation of G. dividends This is a participant in a partnership, whose personal assets may not be seized to satisfy the debts of the partnership. Shareholder wealth H. This primary goal of financial management is evaluated by the effect of a decision or an action on the value of the firm. maximization Stakeholder I. This corporate officer is responsible for managing the firm's cash and short-term investments, pension fund, and risks. ed Value J. This term describes the individuals and groups whose needs and wants should be identified and addressed in order to generate higher seturns for the firm and ensure its viability. The chief financial officer in a company is responsible for which of the following departments? Check all that apply: Legal Research and development Treasury Investor relations
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