Finc 409 Ch 1 40 Correctly Answered Questions Latest Update

careers in finance {Ans: - Financial Management - Depository financial institutions - Contractual savings and real property organizations - securities markets and investment firm}Diversification of Risk {Ans: - Some risk can be removed or diversified by investing in several different assets or securities - six principles of finance}equity securities markets {Ans: where ownership rights in corporations are initially sold and traded}Financial Enviroment {Ans: Financial system, institutions, or intermediaries, financial markets, business firms, individuals, and global interactions that contribute to an efficiently operating economy}Personal Finance {Ans: Study of how individuals prepare for financial emergencies, protect against premature death and the loss of property, and accumulate wealth over time}Financial Institutions (Who) {Ans: -Depository institutions -Contractual Savings Organizations -Securties Firms -Finance Firms}