Week 1 Quiz

Question 11 pts

_________ include a company’s credit history, sales volume, product lines, accounts receivable, inventory balances, and management structure.

Balance sheets

 

Economic environments

 

Budgets

 

External constraints

 

Internal constraints

Flag this QuestionQuestion 21 pts

In which area has there been a substantial decrease in endorsement deals for NBA athletes?

beverages

 

hair products

 

shoes

 

cars

 

clothing

Flag this QuestionQuestion 31 pts

According to the text, of the 111 pro sports franchises through 2001, roughly what percentage had new or renovated stadiums?

none of these

 

100%

 

more than 75%

 

roughly 50%

 

less than 25%

Flag this QuestionQuestion 41 pts

The Colorado Rockies used which of the following methods to finance Coors Field?

a county tax

 

money from the team (owner)

 

naming rights

 

a and c

 

a, b, and c

Flag this QuestionQuestion 51 pts

In financial planning and analysis, the numbers are only as good as their source and need to be verified. This verification is called

accounting

 

a check and balance system

 

auditing

 

financial accounting

 

none of these

Flag this QuestionQuestion 61 pts

Money coming into a business is called ________. Examples include tickets, broadcast contracts, concessions, and sponsorships.

debt

 

income

 

revenue

 

expenses

 

profit

Flag this QuestionQuestion 71 pts

Which of the following is not one of the revenues of a typical high school athletic program?

local and city school taxes

 

booster clubs

 

donations

 

state taxes

 

none of these

 

The primary revenues in professional sports are derived from

b and c

 

taxes

 

ticket sales

 

broadcasting rights

 

sponsorships

 

b and c

 

What disclosure documents are required by federal regulators (the SEC)?

balance sheet and 990

 

10-K and 10-Q

 

990 and 10-EZ

 

income statement and 10-K

 

all of these

Flag this QuestionQuestion 101 pts

One of the primary users of reports produced by managerial accounting is ________, while financial accounting reports are usually used by ________.

CEOs; investors

 

banks; stockholders

 

managers; CEOs

 

investors; creditors

 

none of these

 

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