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Which one of the following occupations best fits into the corporate area of finance? 4 of 1 8 A ) Mortgage broker B ) Treasury
Which one of the following occupations best fits into the corporate area of finance?
of
A Mortgage broker
B Treasury bill analyst
C Chief financial officer
D Insurance risk manager
E Local bank manager
Which one of the following functions should be assigned to the corporate treasurer rather than to the controller?
A Data processing
B Cost accounting
C Tax management
D Cash management
E Financial accounting
Which one of the following correctly defines a common chain of command within a corporation?
Capital budgeting includes the evaluation of which of the following?
A Size of future cash flows only
B Size and timing of future cash flows only
C Timing and risk of future cash flows only
D Risk and size of future cash flows only
E Size, timing, and risk of future cash flows
In a general partnership, each partner is personally liable for:
A only the partnership debts that he or she personally created.
B his or her proportionate share of all partnership debts regardless of which partner incurred that debt.
C the total debts of the partnership, even if he or she was unaware of those debts.
D the debts of the partnership up to the amount he or she invested in the firm.
E all personal and partnership debts incurred by any partner, even if he or she was unaware of those debts.
Security dealers:
A match buyers with sellers.
B buy and sell from their own inventory.
C operate on a physical trading floor.
D operate exclusively in auction markets.
E are limited to trading nonlisted stocks.
A The controller reports directly to the corporate treasurer.
B The treasurer reports directly to the board of directors.
C The chief financial officer reports directly to the board of directors.
D The credit manager reports directly to the controller.
E The controller reports directly to the chief financial officer.
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