Strayer BUS 100 Week 8 quiz 7 (2015) 1

• Question 1

 
  Key numbers that financial managers use to calculate ratios usually come from the firm’s
   
• Question 2
 
  For financial managers to be socially responsible, it requires them
   
• Question 3
 
  A(n)_____ measures the extent to which a firm relies on debt to meet its financing needs.
   
• Question 4
 
  Historically the most widely accepted goal of financial management is
   
• Question 5
   
• Question 6
 
  A _____ is used to predict when a firm will likely experience temporary shortages or surpluses of cash.
   
• Question 7
 
  _____ ratios measure the ability of an organization to convert assets into the cash it needs to pay off liabilities that come due in the next year.
   
• Question 8
 
  As a short-term credit arrangement, banks sometimes extend _____, which are guaranteed lines of credit in which the firm pays a commitment fee on unused portions of the funds the bank has committed.
   
• Question 9
 
  In its narrowest sense, a firm’s _____ consists of its holdings of currency and demand deposits.
   
• Question 10
 
  _____ are short-term IOUs issued by the U.S. government that mature in 4, 13, or 26 weeks.
   
• Question 11
 
  _____ are valuable things owned by the firm.
   
• Question 12
 
  The _____ shows the cash flowing in and out of a firm through its operating, investing, and financing activities.
   
• Question 13
 
  The _____ indicates whether a firm earned a profit or suffered a loss over the past accounting period.
   
• Question 14
 
  _____ provide reports, information, and analysis to managers to assist them with making better informed decisions.
   
• Question 15
  Bookkeepers encompass the routine procedures involved in reporting information about the financial transactions that affect an organization, while _____ go further by analyzing and interpreting this information and communicating the results to stakeholders.
   
• Question 16
 
  _____ compares information contained in a firm’s financial statements over a period of two or more years.
   
• Question 17
 
  _____ is a system for recognizing, recording, organizing, summarizing, analyzing, and reporting information about the financial transactions that affect an organization.
   
• Question 18
 
  _____ is/are the claims owners have against their firm’s assets.
   
• Question 19
 
  Investors are provided with _____ from the firms whose stock they own.  These documents provide additional information about the firm’s practices and operations.
   
• Question 20
 
  _____ accountants provide services such as tax preparation, external auditing, or management consulting to clients on a fee basis.