logo image

Finance 450 – Chapter 1 – Quiz 1

Corporation
A legal entity separate from its owners.
Provide limited liability & avoid double taxation
Limited liability companies are primarily designed to:
Market value of existing stock.
The primary goal of financial management is to maximize:
Increase the protections against corporate fraud.
Which one of the following best describes the primary intent of the Sarbanes-Oxley Act of 2002?
Automatically increasing management salaries on an annual basis.
Probably the least effective means of aligning management goals with shareholder interests is:
Secondary market.
You contacted your stock broker this morning and placed an order to sell 300 shares of a stock that trades on the NYSE. This sale will occur in the:
Working capital management.
Theo’s BBQ has $48,000 in current assets and $39,000 in current liabilities. Decisions related to these accounts as referred to as:
Stakeholders.
An employee has a claim on the cash flows of Martin’s Machines. This claim is defined as a claim by one of the firm’s:
The controller reports directly to the chief financial officer.
Which one of the following correctly defines a common chain of command within a corporation?
Limited partnership
Which one of the following forms of business organization offers liability protection to some of its owners but not to all of its owners?

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy