Typical responsibilities of financial professionals in a corporate setting include

I. managing cash and short-term investments.
II. evaluating investment opportunities.
III. working one on one with individuals to formulate plans for reaching their financial goals.
IV. interacting with financial markets to find sources of external financing such as debt and equity.

A) I and IV only
B) I, II and IV only
C) II, III and IV only
D) I, II, III and IV


Answer: B

Business

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A major difference between capital budgeting for domestic operations and foreign operations is that:

A. cash flow estimation is easier (less complex) for foreign operations. B. repatriation of earnings does not occur in foreign operations of multinational firms that are headquartered in the United States. C. estimating cash flows generated from foreign operations is more complex due to fluctuating exchange rates. D. foreign operations are not taxed by both the home country and the host country. E. foreign operations rarely are not as risky as domestic operations.

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Answer the following statement true (T) or false (F)

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Fill in the blank(s) with correct word

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