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Lesson 1 Introduction to Finance Flashcards | StudBud
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Lesson 1 Introduction to Finance
Lesson 1 Introduction to Finance
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Answers
1
The following are financial decisions executed by the Finance officer, EXCEPT
Operating decisions
Investment decisions
Compliance decisions
Financing decisions
2
Banks are classified as investment institutions
False
True
3
"Finance is both a science and art of correct application of....?"
economic and accounting concepts
economic and political concepts
marketing and selling concepts
accounting and philosophical concepts
4
Mutual funds accumulate money by selling shares of stocks or bonds of publicly-listed corporations to investors
True
False
5
The system that is highly responsible for the flow of money from the creditor to debtor
Legal system
Financial system
Socio-cultural system
Technological system
6
A type of bank that primarily targets farmers who need financial help in the production of agricultural products
Universal bank
Commercial bank
Thrift bank
Rural bank
7
A type of bond that is not supported by any collateral or security as an assurance in times of non-payment
Callable bond
Serial bond
Secured bond
Debenture bond