Answer Following Business Finance Management Terms Flashcards

The term used to describe the study of means by which a manager can determine which long-term investments to pursue, how to pay for those investments, and how to manage the daily finances of a firm is:

The top financial officer in a firm is commonly referred to as the:

The person who is in charge of cash management and capital expenditures is called the:

The process of managing a firm’s long-term investments is called:

The amount of debt and equity used by a firm to finance its operations is called the firm’s:

Short-term assets and short-term liabilities are referred to as the firm’s:

The management of a firm’s cash, inventory, and payables is referred to as

A sole proprietorship is defined as a business:

A business organization that is similar to a sole proprietorship but has two or more owners is called a:

The document which specifies how net profits and losses are to be divided among two or more individual owners, who are personally liable for the firm’s debts, is called:

A business entity which is treated as a legal “person” is called a:

The legal papers which designate a firm’s name, nature of business, and intended life are called the:

The rules which outline how a corporation will regulate itself are referred to as the:

A limited liability company can be defined as a:

Any situation where a potential conflict can arise between the firm’s owners and its managers is referred to as a(n):