1. Treasurer should report to _______________.

A) Chief Financial Officer.
B) Vice President of Operations.
C) Chief Executive Officer.
D) Board of Directors.



2. ____________ is not normally a responsibility of the controller of the modern corporation

A) Budgets and forecasts
B) Asset management.
C) Financial reporting to the IRS.
D) Cost accounting.



3. In 2 years you are to receive Rs.10, 000. If the interest rate were to suddenly decrease, the present value of that future amount to you would __________.

A) Fall.
B) Rise.
C) Remain unchanged.
D) Cannot be determined.



4. A set of possible values that a random variable can assume and their associated probabilities of occurrence are referred to as __________.

A) Probability distribution.
B) The expected return
C) The standard deviation.
D) Coefficient of variation.



5. Which form of market efficiency states that current prices fully reflect the historical sequence of prices?

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