fundamentals of corporate finance 11th canadian edition By Stephen A. Ross Test bank
D) A controller's duties.
E) Capital structure decision.
70) The mix of debt and equity by which a corporation is financed refers to the firm's:
A) Cash management.
B) Capital structure.
C) Capital budgeting.
D) Working capital management.
E) Leverage management.
71) Mr. Webster, the CEO of Master Works, Inc., recently stated that the firm will maintain its current policy of borrowing $0.40 for every $1 invested by shareholders. Mr. Webster was referring to the _____ policy of the firm.
A) Capital budgeting.
B) Working capital.
C) Capital structure.
D) Capital investment.
E) Financial planning.
72) Deciding whether to open a new store is part of the process known as:
A) Capital budgeting.
B) Credit management.
C) Capital structure.
D) Cash management.
E) Working capital management.
73) The Chief Financial Officer of a corporation is the:
A) Chairman of the Board.
B) President.
C) Chief Executive Officer.
D) Vice President of Finance.
E) Corporate Treasurer.
74) The treasurer and the controller of a corporation generally report to the:
A) Board of directors.
B) Chairman of the board.
C) Chief executive officer.
D) President.
E) Vice president of finance.
75) The treasurer of a firm is most apt to report to the:
A) Controller.
B) President.
C) Chief operating officer.
D) Chief executive officer.
E) Vice president of finance.
76) Which of the following statement is correct regarding control of the firm?
A) Control of the firm ultimately rests with shareholders. They elect the board of directors, who then hire and fire management.
B) Control of the firm ultimately rests with board of directors. They elect the management, who lead the company.
C) Control of the firm rests with the executives that oversea the strategic planning.
D) Control of the firm rests with regulatory bodies working in unison with executives.
E) Control of the firm rests with government agencies and regulatory bodies working in unison with the board of directors.