1. The __________ decision involves determining the appropriate make-up of the right-hand side of the balance sheet.

A) Asset management.
B) Financing
C) Investment.
D) Capital budgeting.



2. The __________ decision involves efficiently managing the assets on the balance sheet on a day-to-day basis, especially current assets.

A) Asset management.
B) Financing.
C) Investment.
D) Accounting.



3. Corporate governance success includes three key groups. _____________ represents these three groups.

A) Suppliers, managers, and customers.
B) Board of directors, executive officers, and common shareholders.
C) Suppliers, employees, and customers.
D) Common shareholders, managers, and employees.



4. Which one of the following is / are the relevance theory?

A) Gorden.
B) Walter.
C) Residual.
D) Both (a) and (b).



5. ________ form of market efficiency states that current security prices fully reflect all information, both public and private.

A) Weak.
B) Semi-strong.
C) Strong
D) Flexible