Introductory Finance Concepts Quiz
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Questions and Answers

What are the basic legal forms of business organization described in the chapter?

  • Sole proprietorship, partnership, and corporation (correct)
  • Sole trader, cooperative, and franchise
  • Franchise, sole proprietorship, and limited liability company
  • Limited liability company, cooperative, and corporation

    • What are the financial manager's goals discussed in the chapter?

  • Maximize the company's profitability and reduce taxes
  • Maximize the company's market share and minimize competition
  • Maximize the shareholders' wealth and preserve stakeholder wealth (correct)
  • Maximize the company's revenue and minimize expenses

    • Which majors does the book emphasize the relevance of the topic to?

  • Economics, finance, mathematics, and computer science
  • Biology, chemistry, physics, and environmental science
  • Accounting, management, marketing, operations, and information systems (correct)
  • Psychology, sociology, anthropology, and history

    • What is the role of ethics in achieving the financial manager's goals?

    <p>Presented as important in achieving the goals</p> Signup and view all the answers

    What does the chapter introduce students to?

    <p>The field of finance and opportunities in financial services and managerial finance</p> Signup and view all the answers

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