STRAYER FIN 100 Quiz 1 ( 2014 ) 100% Answer

Question 1

Finance has its origins in:


a. economics and statistics

b. accounting and sociology

c. accounting and economics

d. psychology and mathematics

Question 2

Successful businesses typically progress through a series of life-cycle stages—from the idea stage to exiting the business; these five stages include the:


a. development stage, startup stage, survival stage, rapid growth stage, and maturity stage.  

b. idea stage, design stage, operating stage, rebuilding stage, and decline stage 

c. development stage, operating stage, rebuilding stage, rapid growth stage, and maturity stage

d. idea stage, startup stage, rapid growth stage, survival stage, and decline stage

Question 3

The theory of ___________________ implies that information is quickly embedded in prices making it difficult for investors to “beat the market.”


a. stock investing

b. efficient markets

c. portfolio management

d. asset allocation

e. none of the above

Question 4

Two risk assets can be combined to lower the overall risk of a portfolio. This principle is commonly referred to as


a.    blending

b.    asset allocation

c.    diversification

d.    portfolio segmentation

e.    none of the above

Question 5

____________________ provide the record-keeping mechanism for showing ownership of the financial instruments used in the flow of financial funds between savers and borrowers and record revenues, expenses, and profitability of organizations that produce and exchange goods and services.


a. Financial Managers

b. Accountants

c. Operations Managers

d. Statisticians

e. none of the above

Question 6

Maximizing _____________________ is accomplished through effective financial planning and analysis, asset management, and the acquisition of financial capital.


a.    the value of perquisites.

b.    the owners’ wealth.

c.    the firm’s profits

d.    the firm’s earnings

e.     none of the above

Question 7

Finance is:


a. the study of how individuals, institutions, governments, and businesses acquire, spend, and manage money and other financial assets 

b. the study of how businesses acquire, spend, and manage money and other financial assets

c. the study of how governments, and businesses acquire, spend, and manage money and other financial assets

d. none of the above

Question 8

______________ is the study of how individuals prepare for financial emergencies, protect against premature death and the loss of property, and accumulate wealth over time.


a. Personal finance

b. Corporate finance

c. Entrepreneurial finance

d. Investment banking

e. none of the above

Question 9

The primary securities markets are


a. the markets for previously issued securities such as the New York Stock Exchange

b. the markets where financial assets such as stocks and bonds are initially issued

c. the three most important financial markets in any economy

d. the markets for stocks and bonds only

Question 10

The primary goal of the financial manager of a profit-seeking organization is to:


a. maximize market share

b. maximize the owners’ wealth

c. increase sales and profit

d. have healthy cash flow

Question 11

______________________ is the sum of an individual’s money, real assets, and financial assets or claims against others less the individual’s debt obligations.


a. Portfolio value

b. Individual net worth

c. Personal wealth

d. Investment value

e. None of the above

Question 12

The three functions of money are:


a. medium of exchange, store of value, and measure of liquidity

b. conduit for international trade, store of value, and standard of value

c. medium of exchange, store of value, and standard of value

d. inflation hedge, measure of liquidity, and medium of exchange

Question 13

The price level of goods and services may be expressed as the ratio of _____________.


a. GDP to real output

b. real output to GDP

c. Velocity to GDP

d. real output to velocity

Question 14

The only paper money of significance in the economy today is:


a. silver certificates

b. demand deposits

c. greenbacks

d. Federal Reserve notes

Question 15

Money market funds are not included in which of the following definitions of the money supply?





d.M4 or L

Question 16

Which of the following are not included in M1?


a. negotiable orders of withdrawal

b. automatic transfer service accounts

c. money market deposit accounts

d. credit union share draft accounts

Question 17

When it is a means of paying for goods and services and discharging debts, money is referred to as a:


a.    store of purchasing power

b.    medium of exchange

c.    standard of value

d.    liquid asset

Question 18

____________ is a short-term debt security sold by a business firm or financial institution to another business or institution where the seller agrees to buy back the security at a specified price and date.


a. A negotiable certificate of deposit (NCD)

b. A repurchase agreement

c. Commercial paper

d. A banker’s acceptance

e. none of the above

Question 19

Token coins are:


a. full-bodied coins

b. coins containing metal of less value than their stated value

c. coins containing gold or silver

d. representative full-bodied money 

Question 20

Paper money popularly called continentals was issued by the U.S. government to help finance which of the following wars?


Civil War 

World War I 

Revolutionary War 

Spanish-American War 

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Lets Write For You
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat