BEC Financial Management review 11

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Joens1313
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300316
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BEC Financial Management review 11
Updated:
2015-04-08 23:02:49
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BEC Financial Management review 11
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BEC Financial Management review 11
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  1. What is a derivative?
    derivatives are financial contracts that are derived from an underlying asset reference rate or index.
  2. ----------------------- are financial contracts that are derived from an underlying asset reference rate or index.
    derivatives are financial contracts that are derived from an underlying asset reference rate or index.
  3. The primary purpose of ----------------------is to manage risk.
    The primary purpose of derivatives is to manage risk.
  4. using ---------------------- divides financial risk into pieces that can be exchanged with other entities.
    using derivatives divides financial risk into pieces that can be exchanged with other entities.
  5. using derivatives divides -------------------- into pieces that can be exchanged with other entities.
    using derivatives divides financial risk into pieces that can be exchanged with other entities.
  6. most derivatives are designed to hedge risks in an effort to ---------------------------.
    most derivatives are designed to hedge risks in an effort to reduce uncertainties.
  7. most derivatives are designed to ---------------- in an effort to reduce uncertainties.
    most derivatives are designed to hedge risks in an effort to reduce uncertainties.
  8. an entity's decision to use ------------------should be driven by a risk management strategy that is based on its overall objectives.
    an entity's decision to use derivatives should be driven by a risk management strategy that is based on its overall objectives.
  9. an entity's decision to use derivatives should be driven by a ------------------------------- that is based on its overall objectives.
    an entity's decision to use derivatives should be driven by a risk management strategy that is based on its overall objectives.
  10. an entity's decision to use derivatives should be driven by a risk management strategy that is based on its -------------------------.
    an entity's decision to use derivatives should be driven by a risk management strategy that is based on its overall objectives.

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