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FIN 200 Final Exam
Download answer at https://www.examtutorials.com/course/fin-200-final-exam/
Final Exam Due Date: Day 7 Select the link to the Final Exam on your student webpage. Complete the Final Exam. You will have only one attempt for the Final Exam, which is timed and must be completed in 3 hours. Results will be auto-graded and sent to your instructor. Note: Final exam questions are adapted from Foundations of Financial Management.FINAL TEST1) Corporate governance is theA. governance of the company by the board of directors with a focus on social responsibility.B. relationship and exercise of oversight by the board of directors of the company.C. operation of a company by the chief executive officer (CEO) and other senior executives on the management team.D. relationship between the chief financial officer and institutional investors.2) Regarding risk levels, financial managers shouldA. evaluate investor's desire for riskB. pursue higher risk projects because they increase valueC. focus primarily on market fluctuationsD. avoid higher risk projects because they destroy value3) One of the major disadvantages of a sole proprietorship isA. low operating costs.B. the simplicity of decision making.C. low organizational costs.D. that there is unlimited liability to the owner4) Which of the following would represent a use of funds and, indirectly, a reduction in cash balances?A. the sale of new bonds by the firmB. a decrease in marketable securities
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