1) Identify which of the following is a foundation of financial management.
A)
2) For most large companies, a strategic plan that sets out corporate goals and objectives, is formulated by ________.
D)
3) Which of the following is involved in financial management?
A)
4) A statement of a company's planned cash flows, expected operating expenses, and anticipated revenues is called a(n) ________.
D)
5) Cash, investments, buildings, furniture, and equipment are classified as ________.
D)
6) Which of the following is the term for a measure of how quickly an asset can be turned into cash?
A)
7) To guarantee repayment of a debt obligation, a secured loan requires ________.
C)
8) In financial accounting, documents produced once a year that state the present financial standing of a company and its financial forecast for the upcoming year are called ________.
D)
9) Accounts payable, wages payable, taxes, bonds, and debts are categorized under ________.
A)
10) Basic accounting reports include which of the following accounting equations?