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. 第一章 1 CORRECT Which of the following are microeconomic variables that help define and explain the discipline of finance? D A) risk and return B) capital structure C) inflation D) all of the above Feedback: All of the above are relevant in explaining finance. 2 CORRECT One primary macroeconomic variable that helps define and explain the discipline of finance? C A) capital structure B) inflation C) technology D) risk Feedback: Technology is very important in explaining the field of finance. 3 CORRECT The money markets deal with _________. B A) securities with a life of more than one year B) short-term securities C) securities such as common stock D) none of the above Feedback: The money markets are concerned with short-term securities, those with a life less than one year. 4 CORRECT The ability of a firm to convert an asset to cash is called ___A_________. A) liquidity B) solvency C) return D) marketability Feedback: Liquidity also means how close an asset is to cash. 5 CORRECT Early in the history of finance, an important issue was: A A) liquidity B) technology C) capital structure D) financing options Word 资料 . Feedback: Maintaining liquidity was a major concern historically. 6 INCORRECT The __________C_________ is the most common form of business organization in the U.S. A) corporation B) partnership C) sole proprietorship D) none of the above Feedback: There are more sole proprietorships than any other form of business organization. 7 CORRECT The _________C___________ has more sales in dollars than any other form of business organization. A) sole proprietorship B) partnership C) corporation D) none of the above Feedback: The corporation is the most important in terms of dollars
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