711. __________ is concerned withthe maximization of a firm’s earnings after taxes
A.Shareholder wealth maximization.
B.Profit maximization.
C.Stakeholder maximization.
D.EPS maximization.

712. _______________ is the most appropriate goal of the firm.
A.Shareholder wealth maximization.
B.Profit maximization.
C.Stakeholder maximization.
D.EPS maximization

713. Which of the following statements is correct regarding profit maximization as the primary goal of the firm?
A.Profitmaximization considers the firm’s risk level.
B.Profit maximization will not lead to increasing short-term profits at the expense of lowering expected future profits.
C.Profit maximization does consider the impact on individual shareholder’s EPS.
D.Profitmaximization is concerned more with maximizing net income than the stock price

714. If a company issues bonus shares the debt equity ratio ________________.
A.Remain unaffected.
B.Will be affected.
C.Will improve.
D.None of the above

715. Which of the following is not normally a responsibility of the treasurer of the modern corporation but rather the controller?
A.Budgets and forecasts.
B.Asset management.
C.Investment management.
D.Financial management

716. Treasurer should report to _______________.
A.Chief Financial Officer.
B.Vice President of Operations.
C.chief Executive Officer.
D.Board of Directors

717. The__________ decision involves a determination of the total amount of assets needed, the composition of the assets, and whether any assets need to be reduced, eliminated, or replaced.
A.Asset management.
B.Financing.
C.Investment.
D.Accounting

718. According to the text’s authors, ___________ is the most important of the three financial management decisions.
A.Asset management decision.
B.Financing decision.
C.Investment decision.
D.Accounting decision.

719. The __________ decision involves efficiently managing the assets on the balance sheet on a day-to-day basis, especially current assets.
A.Asset management.
B.Financing.
C.Investment.
D.Accounting.

720. _____________ is not normally a responsibility of the controller of the modern corporation.
A.Budgets and forecasts.
B.Asset management.
C.Financial reporting to the IRS.
D.Cost accounting.

NOTE
IF YOU THINK ANY OF THE MCQ ABOVE IS WRONG.
PLEASE COMMENT WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION IN COMMENT BOX.
THANK YOU

This Post Has One Comment

  1. graliontorile

    Hello there, You have performed a great job. I’ll definitely digg it and in my opinion suggest to my friends. I’m sure they’ll be benefited from this website.

Leave a Reply