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Fundamentals Of Corporate Finance, Sixth Canadian Edition Test Bank

Master difficult topics with Fundamentals Of Corporate Finance, Sixth Canadian Edition Test Bank, offering targeted practice for your exams.

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ExamName___________________________________MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.1)Which of the following is correct regarding board membership in a corporation?1)A)in a private corporation, shareholders are also board members.B)all corporations have board of directors.C)in a public corporation, shareholders are not board members.D)All of the choices are correct.Answer:DExplanation:A)B)C)D)2)Which of the following appears to be the most appropriate goal for corporatemanagement?2)A)maximizing the company's market share.B)minimizing the company's liabilities.C)maximizing market value of the company's shares.D)maximizing the current profits of the company.Answer:CExplanation:A)B)C)D)3)The term "corporate stakeholder" typically refers to:3)A)the management and board of directors of the firm.B)a company's customers.C)the equity holders of the firm.D)anyone with a financial interest in the firm.Answer:DExplanation:A)B)C)D)1

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Subject
Finance
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Fundamentals Of Corporate Finance b...

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