Past Exam for FIN 311 - FINANCIAL MGT I with Wolf at Clemson (Clemson)

Exam Information

Material Type:Exam 1
University:Clemson University
Term:Fall 2008
  • Shareholder Wealth
  • Shareholder
  • Limited Partnerships
  • Proprietorship
  • Age Differences
  • Immediately
  • Organization
  • Shareholders
  • Economic Environment
  • Accounting Costs
Login / Sign Up to View Document
Preview Page 1Preview Page 2Preview Page 3Preview Page 4Preview Page 5Preview Page 6

Sample Document Text

Chapter 1 The Role and Objective of Financial Management http://admin.wadsworth.com/resource_uploads/downloads/0324 289081_52406.doc MULTIPLE CHOICE 1. The primary objective of the firm is: a. Shareholder wealth maximization b. Social responsibility c. Long run survival d. Profit maximization OBJ: TYPE: Fact TOP: A Foundation Concept ANS: A 2. The limitations of the profit maximization goal include: a. It lacks a time dimension (i.e., it is static) b. It fails to consider risk c. The definition of profit is ambiguous d. All the above are limitations ANS: D OBJ: TYPE: Fact TOP: Maximization of shareholder wealth: Managerial strategies 3. The shareholder wealth maximization goal states that management should seek to maximize the _______ of the expected future returns to the owners of the firm. a. Future value b. Compound value c. Percentage value d. Present value OBJ: TYPE: Fact TOP: A Foundation Concept ANS: D 4. Shareholder returns can take the form of a. Periodic dividend payments b. Proceeds from the ...

Related Documents

Seamster Co Exam
Convention and Visitors Bureaus (cvbs) Notes
Closing the Sale Exam
Material Price Variances Exam
Shirt Manufacturer Exam
Brandon Company Exam
Overhead Application Exam
Image Advertising Notes
Housekeeper Exam
Period Cost Exam
Period Cost Exam
New Product Line Exam
Process Inventory Account Exam
Competitive Market Structure Exam
Material Price Variances Exam
Actual Costing Exam
155, "/var/app/current/tmp/"