Section A (20 Multiple Choice Questions) (50 marks) Select the inhibit response: 1.The primary pecuniary goal of a potty is to maximize AShareholders wealth BEarnings per share CStock price DA & C 2.Which of the following is not peerless(prenominal) of the three major areas of finance? AAccounting BInvestments and financial markets CFinancial management of companies DThe banking system 3.A savings-surplus unit of measurement is one: Athat needs to borrow specie from a surplus unit Bwhose income exceeds its spending Cwhose spending exceeds its income Dthat loosely is a company 4. A _______ is a financial intermediary that receives aid payments that are used to purchase assets to cover next executable payments. Abuilding society Bcredit union Csavings bank Dlife insurance office 5.
Financial markets: A interpret as intermediaries by holding a collection of assets and takings claims based on them to savers Bissue claims on future cash flows of individual borrowers directly to lenders Ctransmit funds indirectly between lenders and borrowers Dusually provide lenders with pull down returns than other financial intermediaries 6. The stock market is: AAn matching network of brokers and exchanges licensed by the government to assist investors in trading securities BLocated in a pear-shaped building in Kuala Lumpur called the stock exchange CAn exchange that allows pot to trade stock certificates in person DVery some(prenominal) like a department store in that stocks from unlike industries are traded 7. The principle behind time value of bullion is based on the fact that: AA warmness of money in hand today is worth more than the similar correspond in the future BA affectionateness of money in hand today is worth less than the same sum in the future CA sum of money in the future is worth less than the same sum in hand today DA & C 8.If an investor... If you pauperization to get a full essay, order it on our website: Orderessay
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