1. Cash dividends are paid out of
A. residual cash.
B. liquidated assets.
C. long-term debt.
D. all of the above.
2. Capital budgeting involves
A. how a firm's day-to-day financial matters should be managed.
B. how the firm should finance its assets.
C. which productive assets the firm should employ.
D. all of the above.
3. Which of the following is responsible for seeing that the best possible financial analysis is presented?
A. CFO
B. CEO
C. board of directors
D. audit committee
4. The treasurer of a corporation usually reports to the CFO of the firm?
A. True
B. False