Organization presidents should use their own funds for organization purchases because cash reimbursements are better for account management. True B….

1. Organization presidents should use their own funds for organization purchases because cash reimbursements are better for account management.

A. True

B. False

2. Two authorized signatures, such as the president and treasurer, should be the accountable officers to manage organization funds and transactions.

A. True

B. False

3. When new officers are elected/appointed into office, outgoing officers should facilitate a(n) ______________ meeting to help new officers adjust to their newly elected/appointed positions. 

A. Officer Exchange

B. Informational Session

C. Office Transition

D. International Exchange

4. Student Organizations should refrain from obtaining and/or using ATM cards. Why is this important?

A. You could forget the Personal Identification Number (PIN)

B. It is too difficult to track the originator of the purchase

C. The use of ATM cards is restricted to the person whose name is on the card so everyone in the organization would not be able to use it

D. You could be tempted to over spend since the ATM card gives you easy access to an account

5. The _____________ of the student organization should NOT have fiscal responsibility or be listed on an organization financial account.

A. President

B. Advisor

C. Treasurer

D. Members

6. Preference shareholders are entitled to be refunded their investment before unsecured creditors in the event of an insolvent company’s liquidation.

A. True

B. False

7. Which of the following is NOT a function of financial management:

A. Deciding the best sources of finance.

B. Spending money on capital expansion

C. Preparation of Tax Returns

D. Evaluating how much dividends to pay shareholders.

E. The management of working capital.

8. A partnership must be dissolved when there is a change of ownership.

A. True

B. False

9. Preferential creditors (as defined by corporations law) have the same priority to their claims as preference shareholders do for return of their capital, in the event of an insolvent company’s liquidation.

A. True

B. False

10. Numerous research has consistently show that there is a strong positive correlation between the size of the executive bonuses paid to a financial manager and that financial manager’s performance in maximizing shareholder wealth.

A. True

B. False

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10