FINC 600 Week 1 Practice Quiz APU

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Question 1 of 15
As a legal entity a corporation can perform the following functions except : I ) borrow money ; II ) lend money ; III ) sue and be sued ; IV ) vote
A . I and II only
B . I , II , and III only
C . IV only
D . I , II , III and IV
Question 2 of 15
A firm ' s investment decision is also called the :
A . Financing decision
B . Liquidity decision
C . Capital budgeting decision
D . None of the above
Question 3 of 15
The following are important functions of financial markets : I ) Source of financing ; II ) Provide liquidity ; III ) Reduce risk ; IV ) Source of information
A . I only