Financial Management: Principles and Applications 13th Edition Test Bank

Financial Management: Principles and Applications 13th Edition Test Bank is an easy-to-use exam guide, packed with the most commonly asked test questions.

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1Financial Management: Principles & Applications, 13e(Titman)Chapter 1Getting Started-Principles of Finance1) Which of the following statements best represents what finance is about?A) How political, social, and economic forces affect corporationsB) Maximizing profitsC) The study of how people and businesses make investment decisions and how to finance thosedecisions.D) Reducing riskAnswer: CDiff: 1AACSB: 6. Reflective thinkingQuestion Status: Previous editionObjective: 1.1 Understand the importance of finance and identify the three primary businessdecisions that financial managers make.Keywords: what is finance?Principles: Principle 3: Cash flows are the source of value2) From a financial point of view, a company that decides to develop new product is makingA) a financing decision.B) an investment decision.C) a capital structure decision.D) a cash flow decision.Answer: BDiff: 1AACSB: 6. Reflective thinkingQuestion Status: Previous editionObjective: 1.1 Understand the importance of finance and identify the three primary businessdecisions that financial managers make.Keywords: what is finance?Principles: Principle 3: Cash flows are the source of value3) Working capital management refers toA) long-term financing decisions.B) the management of cash flows.C) investing in product development.D) capital structure.Answer: BDiff: 2AACSB: 7. Application of knowledgeQuestion Status: Previous editionObjective: 1.1 Understand the importance of finance and identify the three primary businessdecisions that financial managers make.Keywords: capital structurePrinciples: Principle 3: Cash flows are the source of value

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Financial Management: Principles An...

Financial Management: Principles and Applications 13th Edition Test Bank

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