'What long-term investment should the business make?' is describing the concept of

		Capital Structure
		Cash management
		Working Capital Management
		Capital Budgeting

In a nutsell, what does stakeholder theory argue?

		The goal of the company is to maximize the value of the firm, e.g. increase the share price as much as possible.
		The goal of the company is to create value for all stakeholders.
		The goal of the company is to maximize the welfare of all shareholders.
		The goal of the company is to maximize market share.

Who are the shareholders of a large publicly traded company such as BHP Billiton?

		The BHP family
		Many people, and probably yourself through your superfund.
		The Commonwealth Bank

"How will the business manage short-term assets and liabilities" is describing the concept of....

		Banking
		Capital Budgeting
		Capital Structure
		Working Capital Management

On the whole, what is Financial Management?

		The process of allocating money to generate the highest financial return possible.
		The process of managing your (or an entity's) money to pursue your (or an entity's) goal.
		The process of figuring our what your should invest in to make lots of money.
		Working in the finance team in the management sector.

Who elects the board of directors in a corporation?

		The company's stakeholders
		The company's managers
		The company's debtholders
		The company's shareholders.

What is not an important consideration for a financial manager when considering cash flows?

		The risk of the cash flows
		Who the cash flow is coming from
		The timing of the cash flow
		The size of the cash flow

Who runs the day to day operations of a company?

		Managers
		Partners
		Shareholders
		Board of Directors

Which of the following is an advantage of a partnership (as a business structure)?

		Does not have to pay a separate tax liability
		Unlimited liability for general partners
		Easy to raise additional capital.
		Both 1 and 3.