1. The person generally directly responsible for overseeing the tax management, cost accounting, financial accounting, and information system functions is the: (Points : 3) treasurer. director. controller. chairman of the board. chief executive officer. |

2. The person generally directly responsible for overseeing the cash and credit functions, financial planning, and capital expenditures is the: (Points : 3) treasurer. director. controller. chairman of the board. chief operations officer. |

3. The Securities Act of 1933 focuses on: (Points : 3) all stock transactions. sales of existing securities. issuance of new securities. insider trading. Federal Deposit Insurance Corporation (FDIC) insurance. |

4. The process of planning and managing a firm's long-term investments is called: (Points : 3) working capital management. financial depreciation. agency cost analysis. capital budgeting. capital structure. |

5. The rules by which corporations govern themselves are called: (Points : 3) indenture provisions. indemnity provisions. charter agreements. bylaws. articles of incorporation. |

6. The Sarbanes Oxley Act of 2002 is intended to: (Points : 3) protect financial managers from investors. not have any effect on foreign companies. reduce corporate revenues. protect investors from corporate abuses. decrease audit costs for U.S. firms. |

7. Which one of the following is a capital budgeting decision? (Points : 3) determining how much debt should be borrowed from a particular lender deciding whether or not to open a new store deciding when to repay a long-term debt determining how much inventory to keep on hand