Student name:__________ 1) As finance emerged as a new field, much emphasis was placed on mergers and acquisitions. ⊚ true ⊚ false 2) Inflation is assumed to be a temporary problem that does not affect financial decisions. ⊚ true ⊚ false 3) Financial capital is composed of long-term plant and equipment, as well as other tangible investments. ⊚ true ⊚ false 4) Real capital is composed of long-term plant and equipment. ⊚ true ⊚ false 5) During the 1930s, financial practice revolved around such topics as the preservation of capital, maintenance of liquidity, the reorganization of financially troubled corporations, and bankruptcy. ⊚ true ⊚ false