Question 65 Which of the following Financial World mutual fund ratings is consid

Question

Question 65   Which of the following Financial World mutual fund ratings is considered the best balance between safety and anticipated financial return?

   A

   B

   C

D

   E

Question 66 A(n) __________ is a form of trade credit in which buyers must sign statements of payment terms attached to merchandise by sellers.

   revolving credit agreement

   open-book credit

   promissory note

   trade acceptance

   line of credit

Question 67 - Key-person insurance

   is a special form of business insurance whereby owners arrange to buy the interests of deceased associates from their heirs.

   is an arrangement whereby selected professional providers offer services at reduced rates and permit thorough review of their service recommendations.

   provides continuous income when disability keeps the insured from gainful employment.

   is a special form of business insurance designed to offset expenses entailed by the loss of key employees.

   is insurance covering losses resulting from medical and hospital expenses as well as income lost from injury or disease.

Question 68 -   The three general categories of responsibilities of the financial manager are

   government tax reporting, cash-flow management, and financial control.

   cash-flow management, financial control, and financial planning.

   accounting, cash-flow management, and government tax reporting.

   financial control, financial planning, and government tax reporting.

   financial planning, accounting, and government tax reporting.

Question 69 text   Typically the largest single category of a firm's short-term debt is

   accounts receivable.

   accounts payable.

   inventories.

   buildings.

   equipment.

Explanation / Answer

65) B

66)open-book credit

67) is a special form of business insurance designed to offset expenses entailed by the loss of key employees.

68)cash-flow management, financial control, and financial planning

69)accounts payable.

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