Finance > EXAM REVIEW > FINANCE 100:PRINCIPLES OF FINANCE WEEK 7 Exam (elaborations) (All)

FINANCE 100:PRINCIPLES OF FINANCE WEEK 7 Exam (elaborations)

Document Content and Description Below

A draft requiring immediate payment is called a (n) Selected Answer: sight draft Correct Answer: sight draft Question 2 2.5 out of 2.5 points Traveler’s letters of credit are: Selected Answe... r: issued by a bank and addressed to a list of banks in other countries Correct Answer: issued by a bank and addressed to a list of banks in other countries Question 3 2.5 out of 2.5 points The currency quotation method that indicates the amount of a home country’s currency needed to purchase one unit of a foreign currency is called the Selected Answer: direct quotation method Correct Answer: direct quotation method Question 4 2.5 out of 2.5 points A stronger U.S. dollar generally Selected Answer: all of the above Correct Answer: all of the above Question 5 2.5 out of 2.5 points The _______ includes ALL international transactions. Selected Answer: balance of payments Correct Answer: balance of payments Question 6 2.5 out of 2.5 points This study source was downloaded by 100000823250788 from CourseHero.com on 05-07-2021 15:21:09 GMT -05:00 https://www.coursehero.com/file/14383287/PRINCIPLES-OF-FINANCE-WEEK-7/ This study resource was shared via CourseHero.com PRINCIPLES OF FINANCE – FINANCE 100 WEEK 7 QUIZ CH 6, 7, 8, AND 10 During the early years of the life stage of a typical corporation, the: Selected Answer: firm is unable to establish a strong position with respect to its financial assets Correct Answer: firm is unable to establish a strong position with respect to its financial assets Question 7 2.5 out of 2.5 points Motivations for individuals to deposit money into a savings account include: Selected Answer: all the above Correct Answer: all the above Question 8 2.5 out of 2.5 points When current savings of an economic unit exceed its direct investment in real assets, this is referred to as: Selected Answer: savings surplus Correct Answer: savings surplus [Show More]

Last updated: 2 years ago

Preview 1 out of 4 pages

Buy Now

Instant download

We Accept: