更多"[单选题]Which one of the following is "的相关试题:
[单选题] Which of the following statements about cash management accounts (CMAs. are true?
A. The cash management account was developed in 1977 by Merrill Lynch.
B. The advantage of brokerage-based cash management accounts is that they make it easier to buy and sell securities.
C. As a result of CMAs, the distinction between banking activities and the activities of nonbank financial institutions has become more clearly defined.
D. All of the above are true.
E. Only A and B of the above are true.
[单选题]Which one of the following methods of project analysis is defined as computing the value of a project based on the present value of the project's anticipated cash flows?
A. Constant dividend growth model
B. Discounted cash flow valuation
C. Average accounting return
D. Expected earnings model
E. Internal rate of return
Difficulty: 1 Easy
Topic: Net present value
Learning Objective: 09-01 Show the reasons why the net present value criterion is the best way to evaluate proposed investments.
[单选题]Which one of the following is a use of cash?
A. Decrease in fixed assets
B. Decrease in inventory
C. Increase in long-term debt
D. Decrease in accounts receivables
E. Decrease in accounts payable
Difficulty: 1 Easy
Topic: Sources and uses of cash
[单选题]Which one of following is the rate at which a stock's price is expected to appreciate?
A. Current yield
B. Total return
C. Dividend yield
D. Capital gains yield
E. Coupon rate
Difficulty: 1 Easy
Topic: Stock dividends
Learning Objective: 08-01 Explain how stock prices depend on future dividends and dividend growth.
[单选题]On the statement of cash flows, which one of the following is considered an operating activity?
A. Increase in net fixed assets
B. Decrease in accounts payable
C. Purchase of equipment
D. Dividends paid
E. Repayment of long-term debt
Difficulty: 1 Easy
Topic: Statement of cash flows
Learning Objective: 03-01 Standardize financial statements for comparison purposes.
[单选题]Which one of the following statements correctly defines a time value of money relationship?
A. Time and future values are inversely related, all else held constant.
B. Interest rates and time are positively related, all else held constant.
C. An increase in a positive discount rate increases the present value.
D. An increase in time increases the future value given a zero rate of interest.
E. Time and present value are inversely related, all else held constant.
Difficulty: 1 Easy
Topic: Time value of money
Learning Objective: 06-01 Determine the future and present value of investments with multiple cash flows.
[单选题]Which one of the following statements related to loan interest rates is correct?
A. The annual percentage rate considers the compounding of interest.
B. When comparing loans you should compare the effective annual rates.
C. Lenders are most apt to quote the effective annual rate.
D. Regardless of the compounding period, the effective annual rate will always be higher than the annual percentage rate.
E. The more frequent the compounding period, the lower the effective annual rate given a fixed annual percentage rate.
Difficulty: 1 Easy
Topic: Loan interest and rates
Learning Objective: 06-04 Show how interest rates are quoted (and misquoted..
[单选题]Which one of the following standardizes items on the income statement and balance sheet relative to their values as of a chosen point in time?
A. Statement of standardization
B. Statement of cash flows
C. Common-base year statement
D. Common-size statement
E. Base reconciliation statement
Difficulty: 1 Easy
Topic: Standardized financial statements
[单选题]Which one of the following statements concerning interest rates is correct?
A. Savers would prefer annual compounding over monthly compounding given the same annual percentage rate.
B. The effective annual rate decreases as the number of compounding periods per year increases.
C. The effective annual rate equals the annual percentage rate when interest is compounded annually.
D. Borrowers would prefer monthly compounding over annual compounding given the same annual percentage rate.
E. For any positive rate of interest, the annual percentage rate will always exceed the effective annual rate.
Difficulty: 1 Easy
Topic: Interest rates
Learning Objective: 06-04 Show how interest rates are quoted (and misquoted..
[单选题]Which one of the following correctly defines the upward chain of command in a typical corporate organizational structure?
A. The vice president of finance reports to the chairman of the board.
B. The chief executive officer reports to the president.
C. The controller reports to the chief financial officer.
D. The treasurer reports to the president.
E. The chief operations officer reports to the vice president of production.
[单选题]Which one of the following relationships applies to a par value bond?
A. Yield to maturity > Current yield > Coupon rate
B. Coupon rate > Yield to maturity > Current yield
C. Coupon rate = Current yield = Yield to maturity
D. Coupon rate < Yield to maturity < Current yield
E. Coupon rate > Current yield > Yield to maturity
Difficulty: 1 Easy
Topic: Bond yields and returns
Learning Objective: 07-02 Explain bond values and yields and why they fluctuate.
[单选题]Which one of the following compounding periods will yield the lowest effective annual rate given a stated future value at Year 5 and an annual percentage rate of 10 percent?
A. Annual
B. Semi-annual
C. Monthly
D. Daily
E. Continuous
Difficulty: 1 Easy
Topic: Interest rates
Learning Objective: 06-04 Show how interest rates are quoted (and misquoted..
