Financial Management Unit IV Assessment

Question 1

Future value of single sum problem

You put $2,000 in an investment account today which will earn 8% over the next 14 years, what is the future value?

Question 2

Present value of annuity problem

You will receive $1,200 at the end of the next 15 years, assuming a 8% discount rate, what is the present value of the cash flows?

Question 3

Perpetuity problem

What is the value of a perpetuity with an annual payment of $100 and a discount rate of 6%?

Question 4

Future value of annuity problem

You deposit $5,000 into a retirement account at the end of the next 15 years earning 8% interest, what is the future value of your retirement after 15 years?

Question 5

Perpetuity problem

What is the value of a perpetuity with an annual payment of $50 and a discount rate of 4%?

Question 6

Which of the following best describes ethics?

An academic discipline which originated in the early 1900s

A descriptive approach that provides an account of how and why people do act the way they do

The study of how human beings should properly live their lives

A descriptive approach such as psychology and sociology

Question 7

Which of the following helps identify potential events that may affect the entity and manage risk to be within its risk appetite in order to provide reasonable assurance regarding the achievement of entity objectives?

Risk aversion

Risk benchmarking

Risk assessment

Risk minimization

Question 8

Telling organizations that their ethical responsibilities end with obedience to the law:

is just inviting more legal regulation.

is enough to maintain an ethical business environment.

reduces the frequency of corporate scandals.

eliminates ambiguity while making personal ethics-related decisions.

Question 9

Ethics requires that human welfare be promoted:

based on the personal opinions of the decision maker.

based on the level of need of the beneficiaries.

understanding the religious beliefs of the beneficiary.

in a manner that is acceptable and reasonable from all relevant points of view.

Question 10

Which of the following can be thought of as the answer to the fundamental questions of theoretical reason?

The scientific method

The practical approach

The contingency approach

The normative model

Question 11

Differentiate the concepts of morality and social ethics.? ?Your response should be at least 200 words in length.

Attachment:- ethics_business_and_the_law_unit_i_study_guide.zip