700+ câu trắc nghiệm Đầu tư tài chính có đáp án - Phần 9

foreign liabilities

loans

accounts payable

real estate

other debt

Deposits

Life insurance reserves

Mutual funds

Debt securities and other

Personal trusts

20.4%

34.2%

56.5%

71.7%

82.5%

equipment

real estate

other assets

consumer durables and semi-durables

inventories

equipment

real estate

other assets

consumer durables and semi-durables

inventories

NT$154,111

NT$264,387

NT$426,698

NT$1,302,656

NT$1,709,836

a fixed level of income for the life of the owner

a fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security

a variable level of income for owners on a fixed income

a fixed or variable income stream at the option of the owner

a riskless return that is fixed for life

a fixed level of income for the life of the owner

a variable level of income for owners on a fixed income

a fixed or variable income stream at the option of the owner

a fixed stream of income or a stream of income that is determined according to a specified formula for the life of the security

a riskless return that is fixed for life

are short term

are highly marketable

are generally very low risk

are short term, highly marketable, and generally very low risk

highly marketable and generally very low risk

a common share of Microsoft

an Intel bond

a commodity futures contract and a call option on Intel stock

a call option on Intel stock and an Intel bond

a common share of Intel stock

depends on the value of the related security

is unable to be calculated

is unrelated to the value of the related security

has been enhanced due to the recent misuse and negative publicity regarding these instruments

is worthless today

attract customers.

appease stockholders.

offset debt.

hedge risks.

enhance their balance sheets

consumption timing

allocation of risk

separation of ownership and control

elimination of risk

easy transfer of ownership

agency problem

diversification problem

liquidity problem

solvency problem

regulatory problem

it encourages mangers to undertake projects that will increase stock price.

it encourages managers to engage in empire building.

it can create an incentive for mangers to manipulate information to prop up a stock price temporarily, giving them a chance to cash out before the price returns to a level reflective of the firm's true prospects.

it causes managers to take undue risks.

it causes managers to be too conservative

II and V

I, III, and IV

I, III, IV, and V

III, IV, and V

I, III, and V

the ability to engage in proxy fights.

management's control of pecuniary rewards.

the ability to call shareholder meetings.

the threat of takeover by other firms.

one-share/one-vote election rules.

improved management

increased stock price

increased benefits to existing management of taken over firm

improved management and increased stock price

worse management and decreased stock price

II, III, and IV

I, II, and IV

II and IV

I, III, and IV

I, II, and III

requires corporations to have more independent directors

requires the firm's CFO to personally vouch for the firm's accounting statements

prohibits auditing firms from providing other services to clients

requires corporations to have more independent directors and requires the firm's CFO to personally vouch for the firm's accounting statements

requires corporations to have more independent directors and requires the firm's CFO to personally vouch for the firm's accounting statements, prohibits auditing firms from providing other services to clients, and requires corporations to have more independent directors and requires the firm's CFO to personally vouch for the firm's accounting statements

choosing which securities to hold based on their valuation

investing only in "safe" securities

the allocation of assets into broad asset classes

bottom-up analysis

top-down analysis

choosing which securities to hold based on their valuation

investing only in "safe" securities

the allocation of assets into broad asset classes

top-down analysis

moving assets between stocks and bonds

Top-down

Bottom-up

Middle-out

Buy and hold

Asset allocation

Top-down

Bottom-up

Middle-out

Buy and hold

Asset allocation

Commercial banks

Insurance companies

Investment companies

Credit unions credit unions

Commercial banks, insurance companies, investment companies, and credit unions

diversify their portfolios

assess credit risk of borrowers

advertise for needed investments

diversify their portfolios, assess credit risk of borrowers, or advertise for

diversify their portfolios or assess credit risk of borrowers.

commercial bankers

investment bankers

investment issuers

credit raters

commercial bankers, investment bankers, investment issuers, and credit raters

illiquid.

financial.

real.

owned by the government.

regulated.

loans and leases

cash

real estate

deposits

investment securities

loans and leases

cash

real estate

deposits

investment securities