MGMT 640 MGMT640 Quiz 1 Answers (MD)
MGMT 640 Quiz 1
- What are the two basic sources of funds for all businesses?
- Working capital management is the management of current assets, such as inventory, and current liabilities, such as money owed to suppliers.
- What are the forms of business organization discussed in this chapter?
- What is meant by stockholders’ limited liability?
- What is double taxation?
- What are some of the regulations pertaining to boards of directors that were put in place to reduce agency conflicts?
- Which one of the following mechanisms helps to align management interests with those of its shareholders?
- One of the best ways to reduce agency conflict is by
- Which of the following factors or activities can be controlled by the management of the firm?
- Current Liabilities are liabilities that will be converted to cash within a year
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