Review Test Submission: Quiz 1

•  Question 1  
 Finance has its origins in:

•  Question 2
 Successful businesses typically progress through a series of life-cycle stages—from the idea stage to exiting the business; these five stages include the:
 
•  Question 3
 The theory of ___________________ implies that information is quickly embedded in prices making it difficult for investors to “beat the market.”
 
•  Question 4
 Two risk assets can be combined to lower the overall risk of a portfolio. This principle is commonly referred to as

•  Question 5  
 ____________________ provide the record-keeping mechanism for showing ownership of the financial instruments used in the flow of financial funds between savers and borrowers and record revenues, expenses, and profitability of organizations that produce and exchange goods and services.
 
•  Question 6
 Maximizing _____________________ is accomplished through effective financial planning and analysis, asset management, and the acquisition of financial capital.

•  Question 7
 Finance is:
 
•  Question 8  
 _______________ is the study of how individuals prepare for financial emergencies, protect against premature death and the loss of property, and accumulate wealth over time.
 
•  Question 9
 The primary securities markets are
 
•  Question 10
 The primary goal of the financial manager of a profit-seeking organization is to:

•  Question 11
 _______________________ is the sum of an individual’s money, real assets, and financial assets or claims against others less the individual’s debt obligations.
 
•  Question 12  
 The three functions of money are:
 
•  Question 13
 The price level of goods and services may be expressed as the ratio of _____________.
 
•  Question 14
 The only paper money of significance in the economy today is:

•  Question 15
 Money market funds are not included in which of the following definitions of the money supply?
 
•  Question 16
 Which of the following are not included in M1?
 
•  Question 17  
 When it is a means of paying for goods and services and discharging debts, money is referred to as a:
 
•  Question 18
 _____________ is a short-term debt security sold by a business firm or financial institution to another business or institution where the seller agrees to buy back the security at a specified price and date.
 
•  Question 19
 Token coins are:
coins containing metal of less value than their stated value
   
•  Question 20
 Paper money popularly called continentals was issued by the U.S. government to help finance which of the following wars?