QUESTION A portion of a company’s earnings paid to an owner of stock is called a(n) _______. a. bond b. dividend c. interest d. credit line ANSWER b
Date: September 3rd, 2020
QUESTION The mix of investments in a portfolio is called portfolio ________. a. liquidity b. risk c. dividend d. diversification ANSWER d
Date: September 3rd, 2020
QUESTION An inspirational leader can safely ignore the company’s vision and mission. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION A leader who inspires and stimulates positive change in his or her followers is sometimes referred to as a transformational leader. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION When the cost of producing a particular item increases, producers will make less of that item. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Mutual funds are organizations that do all of the following EXCEPT ________. a. issue bonds to investors b. collect investors’ money c. pool investors’ money d. buy a variety of stocks and bonds ANSWER a
Date: September 3rd, 2020
QUESTION Scarcity and shortage are interchangeable economic terms. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION The two main debt-financing options are ________. a. bonds and factoring b. bank loans and bonds c. stocks and retained earnings d. bank loans and pledging ANSWER b
Date: September 3rd, 2020
QUESTION As prices rise, the quantity of product demanded falls. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Which of the following occurs when a company raises money by either selling stock to investors or withdrawing it from the owners’ retained earnings? a. debt financing b. equity financing c. short-term financing d. dividend financing ANSWER b
Date: September 3rd, 2020
