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Fundamentals of Corporate Finance, 7th Canadian Edition A. Brealey, C. Myers, J. Marcus, Mitra, Gajurel 2020 Test Bank


Fundamentals of Corporate Finance, 7th Canadian Edition A. Brealey, C. Myers, J. Marcus, Mitra, Gajurel 2020 Test Bank

Fundamentals of Corporate Finance

( Test Bank)

Fundamentals of Corporate Finance, 7th Canadian Edition A. Brealey, C. Myers, J. Marcus, Mitra, Gajurel 2020 Test Bank

Edition: 7th Canadian

Author Name: A. Brealey, C. Myers, J. Marcus, Mitra, Gajurel

contact:

Whatsapp +1 (949) 734-4773

 

for the Facebook page click here 

 

for more books  for  ( Test Bank and Solution Manual) click here

 

For Instructor Solution Manual click here

 

sample free

 

Chapter 01

Goals and Governance of the Firm

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Fundamentals of Corporate Finance, 7th Canadian Edition A. Brealey, C. Myers, J. Marcus, Mitra, Gajurel 2020 Test Bank

Fundamentals of Corporate Finance

( Test Bank)

Fundamentals of Corporate Finance, 7th Canadian Edition A. Brealey, C. Myers, J. Marcus, Mitra, Gajurel 2020 Test Bank

Edition: 7th Canadian

Author Name: A. Brealey, C. Myers, J. Marcus, Mitra, Gajurel

contact:

Whatsapp +1 (949) 734-4773

 

for the Facebook page click here 

 

for more books  for  ( Test Bank and Solution Manual) click here

 

For Instructor Solution Manual click here

 

sample free

 

Chapter 01

Goals and Governance of the Firm

 

 

True / False Questions

  1. To obtain the necessary money a company sells financial assets or securities.
    TRUE

 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-02 Distinguish between real and financial assets.
Topic: 01-03 The Financing Decision

  1. The liability of sole proprietors is limited to the amount of their investment in the company.
    FALSE

 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-03 Cite some of the advantages and disadvantages of organizing a business as a corporation.
Topic: 01-06 Sole Proprietorships

  1. General partners have limited personal liability for business debts in a limited partnership.
    FALSE

 

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Medium
Learning Objective: 01-03 Cite some of the advantages and disadvantages of organizing a business as a corporation.
Topic: 01-07 Partnerships

 

 

  1. The corporate form of business organization is often accompanied by separation of ownership and management.
    TRUE

 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-03 Cite some of the advantages and disadvantages of organizing a business as a corporation.
Topic: 01-04 What Is a Corporation?

  1. A major disadvantage of partnerships is that they have “double taxation” of profits.
    FALSE

 

Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: Easy
Learning Objective: 01-03 Cite some of the advantages and disadvantages of organizing a business as a corporation.
Topic: 01-07 Partnerships

  1. Capital budgeting decisions are used to determine how to raise the cash necessary for investments.
    FALSE

 

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Medium
Learning Objective: 01-01 Give examples of the investment and financing decisions that financial managers make.
Learning Objective: 01-02 Distinguish between real and financial assets.
Topic: 01-02 The Investment (Capital Budgeting) Decision

  1. As your firm grows, you may decide to form a corporation. You may incorporate your firm federally, under the Canadian Business Corporation Act, or provincially, under the relevant provincial laws.
    TRUE

 

Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: Medium
Learning Objective: 01-03 Cite some of the advantages and disadvantages of organizing a business as a corporation.
Topic: 01-04 What Is a Corporation?

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