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BCOR 2204 FINANCE QUIZ 1 UPDATED
ACTUAL EXAM WITH CORRECT SOLUTIONS.
financial services - correct answer- concerned with design and delivery of advice and financial products to individuals, businesses, and governments
Managerial Finance - correct answer- involves tasks such as budgeting, financial forecasting, cash management, and funds procurement
Profit maximization as a goal - correct answer- Does not consider risk
Board of directors is responsible for - correct answer- Approving strategic goals and plans
Agency problem may result from a managers concerns about...
- correct answer- Job security
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