公司理财只是分享

1、精品文档精品文档精品文档精品文档The person generally directly responsible for overseeing the tax management, cost accounting, financial accounting, and information system functions is the:treasurer.director.controller.主计长chairman of the board.chief executiveofficer.The person generally directly responsible for over

2、seeing cash and credit functions, financial planning, and capital expenditures is the:treasurer.财务处长director.controller.chairman of the board.chief operations officer.The process of planning and managing a firms long-term investments is called:working capital management.financial depreciation.agency

3、 cost analysis.capital budgeting.资本预算capital structure.The mixture of debt and equity used by a firm to finance its operations is called:working capital management.financial depreciation.cost analysis.capital budgeting.capital structure.资本结构The management of a firms short-term assets liabilities is

4、called:working capital management.运营资本管理debt management.equity management.capital budgeting.capital structure.A business owned by a single individual is called a:corporation.sole proprietorship.个人独资企业general partnership.limited partnership.limited liability company.A business formed by two or more i

5、ndividuals who have unlimited liability for business debts is called a:corporation.sole proprietorship.general partnership.普通合伙limited partnership.limited liability company.The division of profits and losses among the members of a partnership is formalized in the:indemnity clause.indenture contract.

6、statement of purpose.partnership 合伙协议group charter.A business created as a distinct legal entity composed one or more individuals or entities is called a:corporation.公司sole proprietorship.general partnership.limited partnership.unlimited liability companyThe corporate document that sets forth the bu

7、siness purpose of a firm is the:indenture contract.state tax agreement.corporate bylaws.debt charter.articles of incorporation.The rules by which corporations govern themselves called:indenture provisions.indemnity provisions.charter agreements.bylaws.内部章程articles of incorporation.A business entity

8、operated and taxed like a partnership, but with limited liability for the owners, is called a:limited liability 有限责任公司general partnership.limited proprietorship.sole proprietorship.corporation.The primary goal of financial management is to:maximize current dividends per share of the existing stock.m

9、aximize the current value per share of theexisting stock.最大化现有所有者权益的市场价值avoid financial distress.minimize operational costs and maximize firm efficiency.maintain steady growth in both sales and net earnings.A conflict of interest between the stockholders management of a firm is called:stockholders l

10、iability.corporate breakdown.the agency 代理问题corporate activism.legal liability.Agency costs refer to:the total dividends paid to stockholders over the lifetime a firm.the costs that result from default and bankruptcy of a firm.corporate income subject to double taxation.the costs of any conflicts of

11、 interest between stockholders and management.成本the total interest paid to creditors over the lifetime of thefirm.A stakeholder is:利益相关者any person or entity that owns shares of stock of corporation.any person or entity that has voting rights based on stock ownership of a corporation.a person who ini

12、tially started a firm and currently has management control over the cash flows of the firm due his/her current ownership of company stock.a creditor to whom the firm currently owes money and consequently has a claim on the cash flows of the firm.any person or entity other than a stockholder or credi

13、torwhopotentiallyhasaclaimonthecashflowsof the firm.The Sarbanes Oxley Act of 2002 is intended to:protect financial managers from investors.not have any effect on foreign companies.reduce corporate tect investors from corporate 受公司欺诈decrease audit costs for U.S. Firms.The treasurer and the controlle

14、r of a corporation generally report to the:board of directors.chairman of the board.chief executive officer.president.chief financial 财务总监Which one of the following statements is correct concerning the organizational structure of a The vice president of finance reports to the chairman of the board.T

15、he chief executive officer reports to the board of directors.The controller reports to the president.The treasurer reports to the chief executive officer.The chief operations officer reports to the vice president production.Which one of the following is a capital budgeting decision?（ 资本预算：长期资产的投资和管理

16、）determining how much debt should be borrowed from particular lenderdeciding whether or not to open a newstoredeciding when to repay a long-term debtdetermining how much inventory to keep on handdetermining how much money should be kept in checking accountThe Sarbanes Oxley Act was enacted A. 1952.B

17、. 1967.C. 1998.D.2002.E. 2006.Since the implementation of Sarbanes-Oxley, the cost going public in the United States has:increased.增加decreased.remained about the same.been erratic, but over time has decreased.It is impossible to tell since Sarbanes-Oxley compliance does not involve direct cost to th

18、e firmWorking capital management includes decisions concerning which of the following?accounts payablelong-term debtaccounts receivableinventoryI and II onlyI and III onlyII and IV onlyI, II, and III onlyI, III, and IV onlyWorking capital management:ensures that sufficient equipment is available to

19、produce the amount of product desired on a daily basis.ensures that long-term debt is acquired at the lowest possible cost.ensures that dividends are paid to all stockholders on an annual basis.balances the amount of company debt to the amount of available equity.isconcernedwiththeupperportionoftheb

20、alancesheet.资产负债表Which one of the following statements concerning a proprietorship is correct?A sole proprietorship is the least common form of business ownership.The profits of a sole proprietorship are taxed twice.The owners of a sole proprietorship share profits established by the partnership agr

21、eement.Theownerofasoleproprietorshipmaybeforcedtohis/herpersonalassetstopaycompany承担无限连带责任A sole proprietorship is often structured as a limited liability company.Which one of the following statements concerning a proprietorship is correct?Thelifeofthefirmislimitedtothelifespanofthe owner.企业的存续期受制于企

22、业所有者的生命期The owner can generally raise large sums of capital easily.The ownership of the firm is easy to transfer to another individual.The company must pay separate taxes from those paid the owner.The legal costs to form a sole proprietorship are substantial.Which one of the following best describes

23、 the primary advantage of being a limited partner rather than a general partner?entitlement to a larger portion of the partnerships incomeability to manage the day-to-day affairs of the businessno potential financial lossgreater management responsibilityliabilityforfirmdebtslimitedtothecapital公司债务的责

24、任仅限于出资额A general partner:has less legal liability than a limited partner.has more management responsibility than a limited partner.的管理责任比有限合伙人的多。faces double taxation whereas a limited partner does not.cannot lose more than the amount of his/her equity investment.is the term applied only to corporat

25、ions which invest partnerships.A partnership:is taxed the same as a corporation.agreement defines whether the business income will taxed like a partnership or a corporation.terminatesatthedeathofanygeneral个普通合伙人死亡或撤出，合伙制企业终止。has less of an ability to raise capital than a proprietorship.allows for ea

26、sy transfer of interest from one general partner to another.Which of the following are disadvantages of a partnership?limited life of the 有限的企业生命personal liability for firm 承担无限责任greater ability to raise capital than a sole 错误，筹集资金都很困难lack of ability to transfer partnership interest难I and II onlyIII

27、 and IV onlyII and III onlyI, II, and IVonlyI, III, and IV onlyWhich of the following are advantages of the corporate form of business ownership?limited liability for firm 对公司负债承担有限责任double taxation双重课税（缺点）ability to raise 筹集资金能力强unlimited firm life无限存期性I and II onlyIII and IV onlyI, II, and III onl

28、yII, III, and IV onlyI,III,andIVonlyWhich one of the following statements is correct concerning corporations?The largest firms are usuallycorporations.The majority of firms are corporations.The stockholders are usually the managers of a corporation.The ability of a corporation to raise capital is qu

29、ite limited.The income of a corporation is taxed as personal income of the stockholders.Which one of the following statements is correct?Both partnerships and corporations incur double taxation.Bothsoleproprietorshipsandpartnershipsaretaxedasimilarfashion.征税形式一样Partnerships are the most complicated

30、type of business form.Both partnerships and corporations have limited liability for general partners and shareholders.All types of business formations have limited lives.The articles of incorporation:can be used to remove company management.are amended annually by the company stockholders.set forth

31、the number of shares of stock that can be issued.set forth the rules by which the corporation regulates itsexistence.can set forth the conditions under which the firm can avoid double taxation.The bylaws:内部章程establish the name of the corporation.are rules which apply only to limited liability compan

32、ies.set forth the purpose of the firm.mandate the procedure for electing corporate 选举公司领导者的管理程序set forth the procedure by which the stockholders elect senior managers of the firm.The owners of a limited liability company prefer:being taxed like a corporation.having liability exposure similar to that

33、 of a sole proprietor.being taxed personally on all business 收入只征收个人所得税having liability exposure similar to that of a general partner.being taxed like a corporation with liability like partnership.Which one of the following business types is best suited to raising large amounts of capital?sole propr

34、ietorshiplimited liability companycorporation公司的筹集资金能力最强general partnershiplimited partnershipWhich type of business organization has all the respective rights and privileges of a legal person?公司是一个独立的法人sole proprietorshipgeneral partnershiplimited partnershipcorporationlimited liability company39 F

35、inancial managers should strive to maximize the current value per share of the existing stock because:doing so guarantees the company will grow in size at maximum possible rate.doing so increases the salaries of all the employees.the current stockholders are the owners of the corporation.股东是公司的所有者do

36、ing so means the firm is growing in size faster than its competitors.the managers often receive shares of stock as part of their compensation.40. The decisions made by financial managers should all be ones which increase the:size of the firm.growth rate of the firm.marketability of the managers.mark

37、et value of the existing owners 市值financial distress of the firm.41.42. Which one of the following actions by a financial manager creates an agency problem?refusing to borrow money when doing so will create losses for the firmrefusing to lower selling prices if doing so will reduce the net profitsag

38、reeing to expand the company at the expense of stockholders valueagreeing to pay bonuses based on the book value of thecompany stockincreasing current costs in order to increase the market value of the stockholders equityWhich of the following help convince managers to work in the best interest of t

39、he stockholders?compensation based on the value of the 股票报酬stock option 股票期权计划threat of a proxy 代理权之争的威胁threat of conversion to a partnershipI and II onlyII and III onlyI, II and III onlyI and III onlyI, II, III, and IVWhich form of business st ructure faces the greatest agency problems?sole proprie

40、torshipgeneral partnershiplimited partnershipcorporation公司面临巨大的代理问题limited liability companyA proxy fight occurs when:代理权之争出现当，the board solicits renewal of current members.agroupsolicitsproxiestoreplacetheboardof代理跟换董事会a competitor offers to sell their ownership in the firm.the firm files for bankr

41、uptcy.the firm is declared insolvent.Which one of the following parties is considered stakeholder of a firm?short-term creditorlong-term creditorpreferred stockholdercommon stockholder46 Which of the following are key requirements of the Sarbanes-Oxley Act?Officers of the corporation must review and

42、 sign annual reports.公司员工必须检查和标注公司年报Officers of the corporation must now own more than 5% ofthe firms stock.Annual reports must list deficiencies in internal controls年报必须例示内部控制中的不足之处Annual reports must be filed with the SEC within 30 of year end.I onlyII onlyIandIIIonlyII and III onlyII and IV onlyI

43、nsider trading is:内幕交易legal.illegal.非法的impossible to have in our efficient market.discouraged, but legal.list only the securities of the largest firms.Sole proprietorships are predominantly started because:they are easily and cheaply 地the proprietorship life is limited to the business owners life.企业的寿命受制于合伙人的寿命all business taxes are paid as individual 得税All of theabove.None of the above.Managers are encouraged to act in shareholders interests by:shareholder election