Chapter 1: The Financial Manager and the Firm
Format: True/False
Learning Objective: LO 1
Level of Difficulty: Easy
Bloomcode: Knowledge
AACSB: Analytic
IMA: FSA
AICPA: Resource Management
1. The financial manager is responsible for making decisions that are in the best interests
of the firm's owners.
A) True
B) False
Ans: A
Format: True/False
Learning Objective: LO 1
Level of Difficulty: Easy
Bloomcode: Knowledge
AACSB: Analytic
IMA: Business Economics
AICPA: Industry/Sector Perspective
2. A patent is a productive asset for a technology-based firm.
A) True
B) False
Ans: A
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