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es apli a.com/af servlet quiz?quiz action =takeQuiz&quiz; probGuid-QNAPC0A80 10

ID: 2614301 • Letter: E

Question

es apli a.com/af servlet quiz?quiz action =takeQuiz&quiz; probGuid-QNAPC0A80 10 100000041 ebc480040000&ctx;= ream-0057&ck;=m 1 52886 Attempts: 9 Keep the Highest: 9/14 . 1. Basic Concepts Aa Aa Match the terms relating to the basic terminology and concepts of corporate finance on the left with the descriptions of the terms on the right. Read each description carefully and type the letter of the description in the Answer column next to the correct term. These are not necessarily complete definitions, but there is only one possible answer for each term Term Answer Description A. This entity, which is legally separate from its managers and owners, is B. This partner is not allowed to participate in the day-to-day management C. It addresses how financial resources are obtained, allocated, and Finance authorized by a state to conduct business Corporation of the partnership Treasurer managed by a person, a business organization, or a governmental entity Limited liability D. This is a disadvantage of the corporate organization since it requires taxes to be levied on both the income of the firm and the dividend income earned by its shareholders Business ethicsE. An investor's personal responsibility for the business's liabilities can never be less than zero or more than the amount invested in the firm's common shares Limited partnerF. This code of behavior specifies how the firm and its employees will treat employees and stakeholders bouble taxation ofG. This term describes the individuals and groups whose needs and wants

Explanation / Answer

Finance C. It addresses how financial resources are obtained, allocated, and managed by a person, a business organization, or a governmental entity. Corporation A. This entity, which is legally separate from its managers and owners, Is authorized by a state to conduct business. Treasurer H. This position and title is held by the individual responsible for planning and managing how the firm is financed, when Its funds are raised, and how its risks are managed. Limited liability E. An investor's personal responsibility for the business's liabilities can never be less than zero or more than the amount invested in the firm's common shares. Business ethics F. This code of behavior specifies how the firm and its employees will treat employees and stakeholders. Limited partner B. This partner is not allowed to participate in the day-to-day management of the partnership. Double taxation of dividends D. This is a disadvantage of the corporate organization since it requires taxes to be levied on both the income of the firm and the dividend income earned by its shareholders. Shareholder wealth maximization J. This goal of financial management is measured by the effect of a decision or an action on the price of the firm's common stock. Stakeholder G. This terrn describes the individuals and groups whose needs and wants should be Identified and addressed in order to generate higher returns for the firm and ensure its viability. Value I. This is the present worth of the future cash flows generated by an asset or firm, discounted at a rate appropriate for the riskiness of the cash flows. The chief financial officer is responsible for which of the following departments? Legal Investments Capital Budgeting