All Questions

Students can use this page to ask questions and search for answers to similar previously asked questions. From here tutors and potential tutors can review unanswered questions.

Don’t’ have an account? Register today! It’s free and easy.

Search Terms

Questions worth at least
$ 
Due Date

Categories

Answered Status

Search Results

BUS 475 Final Exam 6

Business / Economics

6/28/13

Opening Offer: $30.00
Posted by: helpfavor
Date Posted: 6/28/13 7:25 AM
Due Date: 6/28/13

1) As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead?

 

2) Balance sheet accounts are considered to be______.

 

3) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

 

4) The major reporting standard for management accounts is __________.

 

5) The standards and rules that are recognized as a general guide for financial reporting are called _______.

 

6) Managerial accounting __________.

 

7) Hess, Inc. sells a single product with a contribution margin of $12 per unit and fixed costs of $74,400 and sales for the current year of $100,000. How much is Hess’s break even point?

 

8) These are selected account balances on December 31, 2008. 

What is the net amount of property, plant, and equipment that will appear on the balance sheet?

 

9) Which one of the following is a product cost?

 

10) One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers?

 

11) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: 

Income Statement                 Balance Sheet

Dr.                  Cr                    .Dr                  .Cr.

Totals

$58,000           $48,000           $34,000            $44,000

The net income (or loss) for the period is __________.

 

12) Multinational corporations __________.

 

13) What exists when budgeted costs exceed actual results?

 

14) The primary purpose of the statement of cash flows is to __________.

 

15) A logical starting point from which the study of international trade begins is __________.

 

16) Resources are __________.

 

17) Which of the following statements about GDP is correct?

 

18) One characteristic of an oligopoly market structure is:

 

19) If a binding price ceiling were imposed in the computer market, __________.

 

20) The general term for market structures that fall somewhere in-between monopoly and perfect competition is __________.

 

21) A rational decision maker __________.

 

22) The political business cycle refers to __________.

 

23) Real GDP __________.

 

24) The part of the balance of payments account that lists all long-term flows of payments is called the:

 

25) In general, the longest lag for __________.

 

26) The balance of payment account is made up of:

 

27) Most economists use the aggregate demand and aggregate supply model primarily to analyze _______.

 

28) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n):

 

29) Which of these describes a vision, as it pertains to leadership?

 

30) As related to managing of human resources, diversity refers to:

 

31) Which of the following best describes a mental image of a possible and desirable future state of the organization?

 

32) A leader is:

 

33) Teams that operate separately from the regular work structure and exist temporarily are known as:

 

34) Building a dynamic organization is another way of describing which function of management?

 

35) The term used to refer to all kinds of differences including religious affiliation, age, disability status, economic class and lifestyle in addition to gender, race, ethnicity and nationality is:

 

36) The pursuit of lucrative opportunities by enterprising individuals is called:

 

37) The best way for an employer to find out if a potential employee can do a job is by __________.

 

38) Having individuals actually do the job they are applying for as a test to see if they can do it is _______.

 

39) Your roommate is interested in starting a business and everybody has been giving him different information about being an entrepreneur. Since you have been studying about entrepreneurship and new ventures, which of these would you tell him is true?

 

40) Managers will utilize __________ skills with increasing frequency as they rise within an organization.

 

41) To be competitive in a global economy, Europeans must increase their level of:

 

42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 
For this sample, which measure of central tendency is least representative of the “typical” student?

 

43) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________.

 

44) Dullco Manufacturing claims that its alkaline batteries last forty hours on average in a certain type of portable CD player. Tests on a random sample of 18 batteries showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours. 
In determining the p-value for reporting the study's findings, which of the following is true?

 

45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled?

 

46) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice?

 

47) Use the following table to answer question: 
P(MA) is approximately _____.

 

48) Which one of the following statements concerning production and staffing plans is best?

 

49) Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,.., 20). 
Which statement is incorrect?

 

50) You are faced with a linear programming objective function of: 
 Max P = $20X + $30Y 
and constraints of: 
 3X + (Constraint A) 
 5X – (Constraint B) 
You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?

 

51) Which one of the following statements concerning production and staffing plans is best?

 

52) Queuing models use an A/B/C notation. What do these variables represent?

 

53) The Global, Web-Based Platform enables individuals to do which of the following?

 

54) Networks enable which of the following applications?

 

55) Which of the following is NOT an advantage of the buy option for acquiring IS applications?

 

56) Zappos built the majority of its information systems using which of the following?

 

57) When customers access a Web site and make purchases, they generate __________.

 

58) International Game Technology’s new ERP system produced all of the following benefits except:

 

59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____.

 

60) Which of the following statements about information systems is not correct?

 

61) Computer support is greatest for which of the following problems?

 

62) Competitive advantage for an organization manifests as all of the following except:

 

63) Mortgage bonds:

 

64) Which of the following represents an attempt to measure the earnings of the firm’s operations over a given time period?

 

65) You hold a portfolio with the following securities: 

                        Percent

   Security            of Portfolio                   Beta     Return

X Corporation      20%                             1.35       14%

Y Corporation      35%                             0.95       10%

Z Corporation      45%                             0.75       8%

 

Compute the expected return and beta for the portfolio.


 

66) An increase in future value can be caused by an increase in the __________.

 

67) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments.

 

68) Your company is considering an investment in a project which would require an initial outlay of $300,000 and produce expected cash flows in Years 1 through 5 of $87,385 per year. You have determined that the current after-tax cost of the firm’s capital (required rate of return) for each source of financing is as follows: 

Long-term debt currently makes up 20% of the capital structure, preferred stock 10%, and common stock 70%. What is the net present value of this project?

 

69) Bondholders have a priority claim on assets ahead of:

 

70) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

 

71) The common stockholders are most concerned with:

 

72) Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors’ required rate of return on this stock is 15%, what is the value of per share?

 

73) A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answerwer to the nearest $10.)

 

74) Which of the following best represents operating income?

 

75) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. 

 

76) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing?

 

77) When one considers the strategy decisions organized by the four Ps, branding is related to packaging as:

 

78) The statement, "Of course people will buy our product--each of its features is better than the competition," most closely reflects which consumer behavior concept?

 

79) Analysis of demographic dimensions:

 

80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

 

81) "Positioning":

 

82) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called:

 

83) The "four Ps" of a marketing mix are:

 

84) The basic objective of the U.S. market-directed economic system is to:

 

85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

 

86) An Australian wine producer, facing declining sales at home, set up a new channel of distribution to sell wine in the United States. This seems to be an effort at:

 

87) Which of the following is a business or organizational customer?

 

88) Probable cause is most directly associated with which step of the criminal process?

 

89) Justin was hired in February of 2004 as a salesperson. There is no written employment contract, and Justin is paid on a commission basis. Justin’s manager has said to Justin on several occasions that if Justin continues to meet his sales quotas, that the company “will keep him around for a long time.” Justin has always met his sales quotas, but is told one day that they have decided to replace him because he does not project the image that the company wants. If Justin is an at-will employee, which of the following is true?

 

90) In a criminal proceeding, what is the difference between an indictment and an information?

 

91) Under Section 2 of the Sherman Act, rather than making a presumption whether monopoly power exists, the courts will examine all the facts and circumstances to determine whether monopoly power exists when the defendant holds between _____ percent and _____ percent of the relevant market:

 

92) Which of the following is true about the Sherman Act?

 

93) Which of the following is correct with regard to the relationship between law and ethics?

 

94) What is the major convention that provides international protection to patents?

 

95) For which of the following kinds of intellectual property is a filing or registration required in order to receive protection?

 

96) The Houston-based energy company that filed for Chapter 11 bankruptcy and whose business conduct is one of the grossest examples of corporate greed and fraud in America was:

 

97) Which of the following is true about trademark registration?

 

98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

 

99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

 

100) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

 

BUS 475 Final Exam 6

Business / Economics

6/29/13

Opening Offer: $30.00
Posted by: rews
Date Posted: 6/29/13 8:12 AM
Due Date: 6/29/13

1) As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead?

 2) Balance sheet accounts are considered to be______.

 3) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

4) The major reporting standard for management accounts is __________.

5) The standards and rules that are recognized as a general guide for financial reporting are called _______.

6) Managerial accounting __________.

7) Hess, Inc. sells a single product with a contribution margin of $12 per unit and fixed costs of $74,400 and sales for the current year of $100,000. How much is Hess’s break even point?

8) These are selected account balances on December 31, 2008. 

What is the net amount of property, plant, and equipment that will appear on the balance sheet?

9) Which one of the following is a product cost?

10) One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers?

11) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: 

Income Statement                 Balance Sheet

Dr.                  Cr                    .Dr                  .Cr.

Totals

$58,000           $48,000           $34,000            $44,000

The net income (or loss) for the period is __________.

 

12) Multinational corporations __________.

 

13) What exists when budgeted costs exceed actual results?

 

14) The primary purpose of the statement of cash flows is to __________.

 

15) A logical starting point from which the study of international trade begins is __________.

 

16) Resources are __________.

 

17) Which of the following statements about GDP is correct?

 

18) One characteristic of an oligopoly market structure is:

 

19) If a binding price ceiling were imposed in the computer market, __________.

 

20) The general term for market structures that fall somewhere in-between monopoly and perfect competition is __________.

 

21) A rational decision maker __________.

 

22) The political business cycle refers to __________.

 

23) Real GDP __________.

 

24) The part of the balance of payments account that lists all long-term flows of payments is called the:

 

25) In general, the longest lag for __________.

 

26) The balance of payment account is made up of:

 

27) Most economists use the aggregate demand and aggregate supply model primarily to analyze _______.

 

28) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n):

 

29) Which of these describes a vision, as it pertains to leadership?

 

30) As related to managing of human resources, diversity refers to:

 

31) Which of the following best describes a mental image of a possible and desirable future state of the organization?

 

32) A leader is:

 

33) Teams that operate separately from the regular work structure and exist temporarily are known as:

 

34) Building a dynamic organization is another way of describing which function of management?

 

35) The term used to refer to all kinds of differences including religious affiliation, age, disability status, economic class and lifestyle in addition to gender, race, ethnicity and nationality is:

 

36) The pursuit of lucrative opportunities by enterprising individuals is called:

 

37) The best way for an employer to find out if a potential employee can do a job is by __________.

 

38) Having individuals actually do the job they are applying for as a test to see if they can do it is _______.

 

39) Your roommate is interested in starting a business and everybody has been giving him different information about being an entrepreneur. Since you have been studying about entrepreneurship and new ventures, which of these would you tell him is true?

 

40) Managers will utilize __________ skills with increasing frequency as they rise within an organization.

 

41) To be competitive in a global economy, Europeans must increase their level of:

 

42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 

For this sample, which measure of central tendency is least representative of the “typical” student?

 

43) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________.

 

44) Dullco Manufacturing claims that its alkaline batteries last forty hours on average in a certain type of portable CD player. Tests on a random sample of 18 batteries showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours. 

In determining the p-value for reporting the study's findings, which of the following is true?

 

45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled?

 

46) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice?

 

47) Use the following table to answer question: 

P(MA) is approximately _____.

 

48) Which one of the following statements concerning production and staffing plans is best?

 

49) Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,.., 20). 

Which statement is incorrect?

 

50) You are faced with a linear programming objective function of: 

 Max P = $20X + $30Y 

and constraints of: 

 3X + (Constraint A) 

 5X – (Constraint B) 

You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?

 

51) Which one of the following statements concerning production and staffing plans is best?

 

52) Queuing models use an A/B/C notation. What do these variables represent?

 

53) The Global, Web-Based Platform enables individuals to do which of the following?

 

54) Networks enable which of the following applications?

 

55) Which of the following is NOT an advantage of the buy option for acquiring IS applications?

 

56) Zappos built the majority of its information systems using which of the following?

 

57) When customers access a Web site and make purchases, they generate __________.

 

58) International Game Technology’s new ERP system produced all of the following benefits except:

 

59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____.

 

60) Which of the following statements about information systems is not correct?

 

61) Computer support is greatest for which of the following problems?

 

62) Competitive advantage for an organization manifests as all of the following except:

 

63) Mortgage bonds:

 

64) Which of the following represents an attempt to measure the earnings of the firm’s operations over a given time period?

 

65) You hold a portfolio with the following securities: 

                        Percent

   Security            of Portfolio                   Beta     Return

X Corporation      20%                             1.35       14%

Y Corporation      35%                             0.95       10%

Z Corporation      45%                             0.75       8%

 

Compute the expected return and beta for the portfolio.

 

 

 

 

66) An increase in future value can be caused by an increase in the __________.

 

67) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments.

 

68) Your company is considering an investment in a project which would require an initial outlay of $300,000 and produce expected cash flows in Years 1 through 5 of $87,385 per year. You have determined that the current after-tax cost of the firm’s capital (required rate of return) for each source of financing is as follows: 

Long-term debt currently makes up 20% of the capital structure, preferred stock 10%, and common stock 70%. What is the net present value of this project?

 

69) Bondholders have a priority claim on assets ahead of:

 

70) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

 

71) The common stockholders are most concerned with:

 

72) Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors’ required rate of return on this stock is 15%, what is the value of per share?

 

73) A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answerwer to the nearest $10.)

 

74) Which of the following best represents operating income?

 

75) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. 

 

76) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing?

 

77) When one considers the strategy decisions organized by the four Ps, branding is related to packaging as:

 

78) The statement, "Of course people will buy our product--each of its features is better than the competition," most closely reflects which consumer behavior concept?

 

79) Analysis of demographic dimensions:

 

80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

 

81) "Positioning":

 

82) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called:

 

83) The "four Ps" of a marketing mix are:

 

84) The basic objective of the U.S. market-directed economic system is to:

 

85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

 

86) An Australian wine producer, facing declining sales at home, set up a new channel of distribution to sell wine in the United States. This seems to be an effort at:

 

87) Which of the following is a business or organizational customer?

 

88) Probable cause is most directly associated with which step of the criminal process?

 

89) Justin was hired in February of 2004 as a salesperson. There is no written employment contract, and Justin is paid on a commission basis. Justin’s manager has said to Justin on several occasions that if Justin continues to meet his sales quotas, that the company “will keep him around for a long time.” Justin has always met his sales quotas, but is told one day that they have decided to replace him because he does not project the image that the company wants. If Justin is an at-will employee, which of the following is true?

 

90) In a criminal proceeding, what is the difference between an indictment and an information?

 

91) Under Section 2 of the Sherman Act, rather than making a presumption whether monopoly power exists, the courts will examine all the facts and circumstances to determine whether monopoly power exists when the defendant holds between _____ percent and _____ percent of the relevant market:

 

92) Which of the following is true about the Sherman Act?

 

93) Which of the following is correct with regard to the relationship between law and ethics?

 

94) What is the major convention that provides international protection to patents?

 

95) For which of the following kinds of intellectual property is a filing or registration required in order to receive protection?

 

96) The Houston-based energy company that filed for Chapter 11 bankruptcy and whose business conduct is one of the grossest examples of corporate greed and fraud in America was:

 

97) Which of the following is true about trademark registration?

 

98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

 

99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

 

100) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

 

 

BUS 475 Final Exam 6

Business / Economics

7/26/13

Opening Offer: $30.00
Posted by: janesea
Date Posted: 7/26/13 1:52 PM
Due Date: 7/26/13

1) As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? 2) Balance sheet accounts are considered to be______. 3) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 4) The major reporting standard for management accounts is __________. 5) The standards and rules that are recognized as a general guide for financial reporting are called _______. 6) Managerial accounting __________. 7) Hess, Inc. sells a single product with a contribution margin of $12 per unit and fixed costs of $74,400 and sales for the current year of $100,000. How much is Hess’s break even point? 8) These are selected account balances on December 31, 2008. What is the net amount of property, plant, and equipment that will appear on the balance sheet? 9) Which one of the following is a product cost? 10) One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? 11) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr .Dr .Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 12) Multinational corporations __________. 13) What exists when budgeted costs exceed actual results? 14) The primary purpose of the statement of cash flows is to __________. 15) A logical starting point from which the study of international trade begins is __________. 16) Resources are __________. 17) Which of the following statements about GDP is correct? 18) One characteristic of an oligopoly market structure is: 19) If a binding price ceiling were imposed in the computer market, __________. 20) The general term for market structures that fall somewhere in-between monopoly and perfect competition is __________. 21) A rational decision maker __________. 22) The political business cycle refers to __________. 23) Real GDP __________. 24) The part of the balance of payments account that lists all long-term flows of payments is called the: 25) In general, the longest lag for __________. 26) The balance of payment account is made up of: 27) Most economists use the aggregate demand and aggregate supply model primarily to analyze _______. 28) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n): 29) Which of these describes a vision, as it pertains to leadership? 30) As related to managing of human resources, diversity refers to: 31) Which of the following best describes a mental image of a possible and desirable future state of the organization? 32) A leader is: 33) Teams that operate separately from the regular work structure and exist temporarily are known as: 34) Building a dynamic organization is another way of describing which function of management? 35) The term used to refer to all kinds of differences including religious affiliation, age, disability status, economic class and lifestyle in addition to gender, race, ethnicity and nationality is: 36) The pursuit of lucrative opportunities by enterprising individuals is called: 37) The best way for an employer to find out if a potential employee can do a job is by __________. 38) Having individuals actually do the job they are applying for as a test to see if they can do it is _______. 39) Your roommate is interested in starting a business and everybody has been giving him different information about being an entrepreneur. Since you have been studying about entrepreneurship and new ventures, which of these would you tell him is true? 40) Managers will utilize __________ skills with increasing frequency as they rise within an organization. 41) To be competitive in a global economy, Europeans must increase their level of: 42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, which measure of central tendency is least representative of the “typical” student? 43) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________. 44) Dullco Manufacturing claims that its alkaline batteries last forty hours on average in a certain type of portable CD player. Tests on a random sample of 18 batteries showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours. In determining the p-value for reporting the study's findings, which of the following is true? 45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled? 46) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice? 47) Use the following table to answer question: P(MA) is approximately _____. 48) Which one of the following statements concerning production and staffing plans is best? 49) Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,.., 20). Which statement is incorrect? 50) You are faced with a linear programming objective function of: Max P = $20X + $30Y and constraints of: 3X + (Constraint A) 5X – (Constraint B) You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE? 51) Which one of the following statements concerning production and staffing plans is best? 52) Queuing models use an A/B/C notation. What do these variables represent? 53) The Global, Web-Based Platform enables individuals to do which of the following? 54) Networks enable which of the following applications? 55) Which of the following is NOT an advantage of the buy option for acquiring IS applications? 56) Zappos built the majority of its information systems using which of the following? 57) When customers access a Web site and make purchases, they generate __________. 58) International Game Technology’s new ERP system produced all of the following benefits except: 59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____. 60) Which of the following statements about information systems is not correct? 61) Computer support is greatest for which of the following problems? 62) Competitive advantage for an organization manifests as all of the following except: 63) Mortgage bonds: 64) Which of the following represents an attempt to measure the earnings of the firm’s operations over a given time period? 65) You hold a portfolio with the following securities: Percent Security of Portfolio Beta Return X Corporation 20% 1.35 14% Y Corporation 35% 0.95 10% Z Corporation 45% 0.75 8% Compute the expected return and beta for the portfolio. 66) An increase in future value can be caused by an increase in the __________. 67) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments. 68) Your company is considering an investment in a project which would require an initial outlay of $300,000 and produce expected cash flows in Years 1 through 5 of $87,385 per year. You have determined that the current after-tax cost of the firm’s capital (required rate of return) for each source of financing is as follows: Long-term debt currently makes up 20% of the capital structure, preferred stock 10%, and common stock 70%. What is the net present value of this project? 69) Bondholders have a priority claim on assets ahead of: 70) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 71) The common stockholders are most concerned with: 72) Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors’ required rate of return on this stock is 15%, what is the value of per share? 73) A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answerwer to the nearest $10.) 74) Which of the following best represents operating income? 75) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. 76) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing? 77) When one considers the strategy decisions organized by the four Ps, branding is related to packaging as: 78) The statement, "Of course people will buy our product--each of its features is better than the competition," most closely reflects which consumer behavior concept? 79) Analysis of demographic dimensions: 80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 81) "Positioning": 82) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called: 83) The "four Ps" of a marketing mix are: 84) The basic objective of the U.S. market-directed economic system is to: 85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that: 86) An Australian wine producer, facing declining sales at home, set up a new channel of distribution to sell wine in the United States. This seems to be an effort at: 87) Which of the following is a business or organizational customer? 88) Probable cause is most directly associated with which step of the criminal process? 89) Justin was hired in February of 2004 as a salesperson. There is no written employment contract, and Justin is paid on a commission basis. Justin’s manager has said to Justin on several occasions that if Justin continues to meet his sales quotas, that the company “will keep him around for a long time.” Justin has always met his sales quotas, but is told one day that they have decided to replace him because he does not project the image that the company wants. If Justin is an at-will employee, which of the following is true? 90) In a criminal proceeding, what is the difference between an indictment and an information? 91) Under Section 2 of the Sherman Act, rather than making a presumption whether monopoly power exists, the courts will examine all the facts and circumstances to determine whether monopoly power exists when the defendant holds between _____ percent and _____ percent of the relevant market: 92) Which of the following is true about the Sherman Act? 93) Which of the following is correct with regard to the relationship between law and ethics? 94) What is the major convention that provides international protection to patents? 95) For which of the following kinds of intellectual property is a filing or registration required in order to receive protection? 96) The Houston-based energy company that filed for Chapter 11 bankruptcy and whose business conduct is one of the grossest examples of corporate greed and fraud in America was: 97) Which of the following is true about trademark registration? 98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner. 99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods? 100) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

 

BUS 475 Final Exam 6

Business / Economics

8/3/13

Opening Offer: $30.00
Posted by: orchid
Date Posted: 8/3/13 9:04 AM
Due Date: 8/3/13

1) As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? 2) Balance sheet accounts are considered to be______. 3) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 4) The major reporting standard for management accounts is __________. 5) The standards and rules that are recognized as a general guide for financial reporting are called _______. 6) Managerial accounting __________. 7) Hess, Inc. sells a single product with a contribution margin of $12 per unit and fixed costs of $74,400 and sales for the current year of $100,000. How much is Hess’s break even point? 8) These are selected account balances on December 31, 2008. What is the net amount of property, plant, and equipment that will appear on the balance sheet? 9) Which one of the following is a product cost? 10) One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? 11) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr .Dr .Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 12) Multinational corporations __________. 13) What exists when budgeted costs exceed actual results? 14) The primary purpose of the statement of cash flows is to __________. 15) A logical starting point from which the study of international trade begins is __________. 16) Resources are __________. 17) Which of the following statements about GDP is correct? 18) One characteristic of an oligopoly market structure is: 19) If a binding price ceiling were imposed in the computer market, __________. 20) The general term for market structures that fall somewhere in-between monopoly and perfect competition is __________. 21) A rational decision maker __________. 22) The political business cycle refers to __________. 23) Real GDP __________. 24) The part of the balance of payments account that lists all long-term flows of payments is called the: 25) In general, the longest lag for __________. 26) The balance of payment account is made up of: 27) Most economists use the aggregate demand and aggregate supply model primarily to analyze _______. 28) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n): 29) Which of these describes a vision, as it pertains to leadership? 30) As related to managing of human resources, diversity refers to: 31) Which of the following best describes a mental image of a possible and desirable future state of the organization? 32) A leader is: 33) Teams that operate separately from the regular work structure and exist temporarily are known as: 34) Building a dynamic organization is another way of describing which function of management? 35) The term used to refer to all kinds of differences including religious affiliation, age, disability status, economic class and lifestyle in addition to gender, race, ethnicity and nationality is: 36) The pursuit of lucrative opportunities by enterprising individuals is called: 37) The best way for an employer to find out if a potential employee can do a job is by __________. 38) Having individuals actually do the job they are applying for as a test to see if they can do it is _______. 39) Your roommate is interested in starting a business and everybody has been giving him different information about being an entrepreneur. Since you have been studying about entrepreneurship and new ventures, which of these would you tell him is true? 40) Managers will utilize __________ skills with increasing frequency as they rise within an organization. 41) To be competitive in a global economy, Europeans must increase their level of: 42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, which measure of central tendency is least representative of the “typical” student? 43) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________. 44) Dullco Manufacturing claims that its alkaline batteries last forty hours on average in a certain type of portable CD player. Tests on a random sample of 18 batteries showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours. In determining the p-value for reporting the study's findings, which of the following is true? 45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled? 46) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice? 47) Use the following table to answer question: P(MA) is approximately _____. 48) Which one of the following statements concerning production and staffing plans is best? 49) Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,.., 20). Which statement is incorrect? 50) You are faced with a linear programming objective function of: Max P = $20X + $30Y and constraints of: 3X + (Constraint A) 5X – (Constraint B) You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE? 51) Which one of the following statements concerning production and staffing plans is best? 52) Queuing models use an A/B/C notation. What do these variables represent? 53) The Global, Web-Based Platform enables individuals to do which of the following? 54) Networks enable which of the following applications? 55) Which of the following is NOT an advantage of the buy option for acquiring IS applications? 56) Zappos built the majority of its information systems using which of the following? 57) When customers access a Web site and make purchases, they generate __________. 58) International Game Technology’s new ERP system produced all of the following benefits except: 59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____. 60) Which of the following statements about information systems is not correct? 61) Computer support is greatest for which of the following problems? 62) Competitive advantage for an organization manifests as all of the following except: 63) Mortgage bonds: 64) Which of the following represents an attempt to measure the earnings of the firm’s operations over a given time period? 65) You hold a portfolio with the following securities: Percent Security of Portfolio Beta Return X Corporation 20% 1.35 14% Y Corporation 35% 0.95 10% Z Corporation 45% 0.75 8% Compute the expected return and beta for the portfolio. 66) An increase in future value can be caused by an increase in the __________. 67) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments. 68) Your company is considering an investment in a project which would require an initial outlay of $300,000 and produce expected cash flows in Years 1 through 5 of $87,385 per year. You have determined that the current after-tax cost of the firm’s capital (required rate of return) for each source of financing is as follows: Long-term debt currently makes up 20% of the capital structure, preferred stock 10%, and common stock 70%. What is the net present value of this project? 69) Bondholders have a priority claim on assets ahead of: 70) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 71) The common stockholders are most concerned with: 72) Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors’ required rate of return on this stock is 15%, what is the value of per share? 73) A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answerwer to the nearest $10.) 74) Which of the following best represents operating income? 75) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. 76) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing? 77) When one considers the strategy decisions organized by the four Ps, branding is related to packaging as: 78) The statement, "Of course people will buy our product--each of its features is better than the competition," most closely reflects which consumer behavior concept? 79) Analysis of demographic dimensions: 80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 81) "Positioning": 82) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called: 83) The "four Ps" of a marketing mix are: 84) The basic objective of the U.S. market-directed economic system is to: 85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that: 86) An Australian wine producer, facing declining sales at home, set up a new channel of distribution to sell wine in the United States. This seems to be an effort at: 87) Which of the following is a business or organizational customer? 88) Probable cause is most directly associated with which step of the criminal process? 89) Justin was hired in February of 2004 as a salesperson. There is no written employment contract, and Justin is paid on a commission basis. Justin’s manager has said to Justin on several occasions that if Justin continues to meet his sales quotas, that the company “will keep him around for a long time.” Justin has always met his sales quotas, but is told one day that they have decided to replace him because he does not project the image that the company wants. If Justin is an at-will employee, which of the following is true? 90) In a criminal proceeding, what is the difference between an indictment and an information? 91) Under Section 2 of the Sherman Act, rather than making a presumption whether monopoly power exists, the courts will examine all the facts and circumstances to determine whether monopoly power exists when the defendant holds between _____ percent and _____ percent of the relevant market: 92) Which of the following is true about the Sherman Act? 93) Which of the following is correct with regard to the relationship between law and ethics? 94) What is the major convention that provides international protection to patents? 95) For which of the following kinds of intellectual property is a filing or registration required in order to receive protection? 96) The Houston-based energy company that filed for Chapter 11 bankruptcy and whose business conduct is one of the grossest examples of corporate greed and fraud in America was: 97) Which of the following is true about trademark registration? 98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner. 99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods? 100) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

BUS 475 Final Exam 6

Business / Economics

8/3/13

Opening Offer: $30.00
Posted by: jane
Date Posted: 8/3/13 10:59 AM
Due Date: 8/3/13

1) As Plant Controller, you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? 2) Balance sheet accounts are considered to be______. 3) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 4) The major reporting standard for management accounts is __________. 5) The standards and rules that are recognized as a general guide for financial reporting are called _______. 6) Managerial accounting __________. 7) Hess, Inc. sells a single product with a contribution margin of $12 per unit and fixed costs of $74,400 and sales for the current year of $100,000. How much is Hess’s break even point? 8) These are selected account balances on December 31, 2008. What is the net amount of property, plant, and equipment that will appear on the balance sheet? 9) Which one of the following is a product cost? 10) One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? 11) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr .Dr .Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 12) Multinational corporations __________. 13) What exists when budgeted costs exceed actual results? 14) The primary purpose of the statement of cash flows is to __________. 15) A logical starting point from which the study of international trade begins is __________. 16) Resources are __________. 17) Which of the following statements about GDP is correct? 18) One characteristic of an oligopoly market structure is: 19) If a binding price ceiling were imposed in the computer market, __________. 20) The general term for market structures that fall somewhere in-between monopoly and perfect competition is __________. 21) A rational decision maker __________. 22) The political business cycle refers to __________. 23) Real GDP __________. 24) The part of the balance of payments account that lists all long-term flows of payments is called the: 25) In general, the longest lag for __________. 26) The balance of payment account is made up of: 27) Most economists use the aggregate demand and aggregate supply model primarily to analyze _______. 28) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n): 29) Which of these describes a vision, as it pertains to leadership? 30) As related to managing of human resources, diversity refers to: 31) Which of the following best describes a mental image of a possible and desirable future state of the organization? 32) A leader is: 33) Teams that operate separately from the regular work structure and exist temporarily are known as: 34) Building a dynamic organization is another way of describing which function of management? 35) The term used to refer to all kinds of differences including religious affiliation, age, disability status, economic class and lifestyle in addition to gender, race, ethnicity and nationality is: 36) The pursuit of lucrative opportunities by enterprising individuals is called: 37) The best way for an employer to find out if a potential employee can do a job is by __________. 38) Having individuals actually do the job they are applying for as a test to see if they can do it is _______. 39) Your roommate is interested in starting a business and everybody has been giving him different information about being an entrepreneur. Since you have been studying about entrepreneurship and new ventures, which of these would you tell him is true? 40) Managers will utilize __________ skills with increasing frequency as they rise within an organization. 41) To be competitive in a global economy, Europeans must increase their level of: 42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, which measure of central tendency is least representative of the “typical” student? 43) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________. 44) Dullco Manufacturing claims that its alkaline batteries last forty hours on average in a certain type of portable CD player. Tests on a random sample of 18 batteries showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours. In determining the p-value for reporting the study's findings, which of the following is true? 45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled? 46) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice? 47) Use the following table to answer question: P(MA) is approximately _____. 48) Which one of the following statements concerning production and staffing plans is best? 49) Suppose the estimated quadratic model Yt = 500 + 20 t - t2 is the best-fitting trend of sales of XYZ Inc. using data for the past twenty years (t = 1, 2,.., 20). Which statement is incorrect? 50) You are faced with a linear programming objective function of: Max P = $20X + $30Y and constraints of: 3X + (Constraint A) 5X – (Constraint B) You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE? 51) Which one of the following statements concerning production and staffing plans is best? 52) Queuing models use an A/B/C notation. What do these variables represent? 53) The Global, Web-Based Platform enables individuals to do which of the following? 54) Networks enable which of the following applications? 55) Which of the following is NOT an advantage of the buy option for acquiring IS applications? 56) Zappos built the majority of its information systems using which of the following? 57) When customers access a Web site and make purchases, they generate __________. 58) International Game Technology’s new ERP system produced all of the following benefits except: 59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____. 60) Which of the following statements about information systems is not correct? 61) Computer support is greatest for which of the following problems? 62) Competitive advantage for an organization manifests as all of the following except: 63) Mortgage bonds: 64) Which of the following represents an attempt to measure the earnings of the firm’s operations over a given time period? 65) You hold a portfolio with the following securities: Percent Security of Portfolio Beta Return X Corporation 20% 1.35 14% Y Corporation 35% 0.95 10% Z Corporation 45% 0.75 8% Compute the expected return and beta for the portfolio. 66) An increase in future value can be caused by an increase in the __________. 67) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments. 68) Your company is considering an investment in a project which would require an initial outlay of $300,000 and produce expected cash flows in Years 1 through 5 of $87,385 per year. You have determined that the current after-tax cost of the firm’s capital (required rate of return) for each source of financing is as follows: Long-term debt currently makes up 20% of the capital structure, preferred stock 10%, and common stock 70%. What is the net present value of this project? 69) Bondholders have a priority claim on assets ahead of: 70) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 71) The common stockholders are most concerned with: 72) Tri State Pickle Company preferred stock pays a perpetual annual dividend of 2 1/2% of its par value. Par value of TSP preferred stock is $100 per share. If investors’ required rate of return on this stock is 15%, what is the value of per share? 73) A machine costs $1,000, has a three-year life, and has an estimated salvage value of $100. It will generate after-tax annual cash flows (ACF) of $600 a year, starting next year. If your required rate of return for the project is 10%, what is the NPV of this investment? (Round your answerwer to the nearest $10.) 74) Which of the following best represents operating income? 75) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. 76) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing? 77) When one considers the strategy decisions organized by the four Ps, branding is related to packaging as: 78) The statement, "Of course people will buy our product--each of its features is better than the competition," most closely reflects which consumer behavior concept? 79) Analysis of demographic dimensions: 80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 81) "Positioning": 82) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called: 83) The "four Ps" of a marketing mix are: 84) The basic objective of the U.S. market-directed economic system is to: 85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that: 86) An Australian wine producer, facing declining sales at home, set up a new channel of distribution to sell wine in the United States. This seems to be an effort at: 87) Which of the following is a business or organizational customer? 88) Probable cause is most directly associated with which step of the criminal process? 89) Justin was hired in February of 2004 as a salesperson. There is no written employment contract, and Justin is paid on a commission basis. Justin’s manager has said to Justin on several occasions that if Justin continues to meet his sales quotas, that the company “will keep him around for a long time.” Justin has always met his sales quotas, but is told one day that they have decided to replace him because he does not project the image that the company wants. If Justin is an at-will employee, which of the following is true? 90) In a criminal proceeding, what is the difference between an indictment and an information? 91) Under Section 2 of the Sherman Act, rather than making a presumption whether monopoly power exists, the courts will examine all the facts and circumstances to determine whether monopoly power exists when the defendant holds between _____ percent and _____ percent of the relevant market: 92) Which of the following is true about the Sherman Act? 93) Which of the following is correct with regard to the relationship between law and ethics? 94) What is the major convention that provides international protection to patents? 95) For which of the following kinds of intellectual property is a filing or registration required in order to receive protection? 96) The Houston-based energy company that filed for Chapter 11 bankruptcy and whose business conduct is one of the grossest examples of corporate greed and fraud in America was: 97) Which of the following is true about trademark registration? 98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner. 99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods? 100) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

BUS 475 Final Exam 6 different sets

Business / Economics

9/28/11

Opening Offer: $25.00
Posted by: spqr
Date Posted: 9/28/11 3:40 PM
Due Date: 12/31/69

BUS 475 Final Exam 6 different setsBUS 475 Final Exam 6 different sets

BUS 475 Final Exam 7

Business / Economics

9/7/13

Opening Offer: $30.00
Posted by: sealady
Date Posted: 9/7/13 5:26 AM
Due Date: 9/7/13

1) A well-designed activity-based costing system starts with __________. 2) Managerial accounting __________. 3) What effect do current technology changes have on managerial accounting? 4) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 5) "Generally accepted" in the phrase generally accepted accounting principles means that the principles _______. 6) If a company reports a net loss, it __________. 7) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? 8) The first step in activity-based costing is to ________. 9) Which one of the following items is not generally used in preparing a statement of cash flows? 10) What exists when budgeted costs exceed actual results? 11) Which list below best describes the major services performed by public accountants? 12) The cost of an asset and its fair market value are __________. 13) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? 14) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 15) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________. 16) Which of the following statements about GDP is correct? 17) A logical starting point from which the study of international trade begins is __________. 18) In computing GDP, market prices are used to value final goods and services because __________. 19) Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________. 20) To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________. 21) Resources are __________. 22) Many U.S. business leaders argue that the current state of U.S. net exports is the result of __________. 23) The balance of payment account is made up of: 24) Real GDP __________. 25) The model of aggregate demand and aggregate supply explains the relationship between __________. 26) Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________. 27) Over the past two decades, the United States has __________. 28) ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by: 29) A leader is: 30) The pursuit of lucrative opportunities by enterprising individuals is called: 31) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is: 32) A manager's ability to stimulate people to be high performers is referred to as: 33) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the: 34) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of: 35) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources? 36) Which of these represent skills that managers need? 37) Teams that work on long-term projects but disband once the work is completed are known as: 38) Building a dynamic organization is another way of describing which function of management? 39) When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a: 40) The most dominant areas in the global economy include: 41) Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered: 42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the median is _____. 43) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice? 44) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income. Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with of robberies in each city (thousands of robberies) and of police force in each city (thousands of police)? 45) In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____. 46) Independent events A and B would be consistent with which of the following statements: 47) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the standard deviation is approximately _____. 48) In lean systems, if a defective product is found, which of the following is generally NOT done? 49) In a network diagram, an activity: 50) Which is not a tool of statistical quality control? 51) A computer analysis reveals that the best-fitting trend model is Yt = 4.12 e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. If we fit a linear trend to data that are growing exponentially __________. 52) The one-worker, multiple machines approach functions as: 53) Zappos built the majority of its information systems using which of the following? 54) Search engines and metasearch engines are examples of which network application? 55) In the _____ phase of the decision making process, managers test potential solutions “on paper.” 56) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel. 57) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information. 58) Which of the following are not provided by digital dashboards? 59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____. 60) Credit card companies would most likely use which of the following to check for fraudulent credit card use? 61) Computer support is greatest for which of the following problems? 62) International Game Technology’s new ERP system produced all of the following benefits except: 63) Disadvantages of using current liabilities as opposed to long-term debt include: 64) Suppose you determine that the NPV of a project is $1,525,855. What does that mean? 65) An increase in future value can be caused by an increase in the __________. 66) Dublin International Corporation’s marginal tax rate is 40%. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. The bonds can be sold now at a price of $938.90 each. The underwriters will charge $23 per bond in flotation costs. Determine the approximate after-tax cost of debt for Dublin International to use in a capital budgeting analysis. 67) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 68) At 8% compounded annually, how long will it take $750 to double? 69) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock? 70) Exchange rate risk: 71) According to the hedging principle, permanent assets should be financed with _____ liabilities. 72) PepsiCo calculates unlevered betas for each peer group in order to: 73) If the quote for a forward exchange contract is greater than the computed price, the forward contract is: 74) Bondholders have a priority claim on assets ahead of: 75) The common stockholders are most concerned with: 76) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 77) "Marketing strategy planning" means: 78) A cluster analysis of the "toothpaste market" would probably show that: 79) When doing "positioning," a marketing manager should: 80) Economists' economic-buyer theory assumes that __________. 81) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called: 82) When evaluating macro-marketing: 83) "Positioning": 84) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing? 85) In comparison to the buying of final consumers, the purchasing of organizational buyers: 86) The basic objective of the U.S. market-directed economic system is to: 87) The clustering techniques that can be used in segmenting: 88) Which of the following terms need not be disclosed under Truth-in-Lending Act? 89) The tort of intentional interference with contractual relations requires the following except: 90) Which of the following is correct about litigating commercial disputes? 91) Which of the following activities by an administrative agency requires public notice and participation? 92) What type of commercial speech did the U.S. Supreme Court say was protected in the Greater New Orleans Broadcasting Association, Inc. v. United States case? 93) Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law? 94) Information which comes to the knowledge of an agent is: 95) A professional corporation is one that: 96) What makes a publicly held corporation different from a public corporation? 97) A “closely held corporation” is a corporation that is owned by: 98) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States. 99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods? 100) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

BUS 475 Final Exam 7

Business / Economics

9/13/12

Opening Offer: $30.00
Posted by: argument
Date Posted: 9/13/12 9:25 AM
Due Date: 12/31/69

1) A well-designed activity-based costing system starts with __________.

2) Managerial accounting __________.

3) What effect do current technology changes have on managerial accounting?

4) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: 

Income Statement     Balance Sheet

Dr.                  Cr.                   Dr.                  Cr.

Totals              $58,000           $48,000           $34,000           $44,000
The net income (or loss) for the period is __________.

5) "Generally accepted" in the phrase generally accepted accounting principles means that the principles _______.

6) If a company reports a net loss, it __________.

7) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

8) The first step in activity-based costing is to ________.

9) Which one of the following items is not generally used in preparing a statement of cash flows?

10) What exists when budgeted costs exceed actual results?

11) Which list below best describes the major services performed by public accountants?

12) The cost of an asset and its fair market value are __________.

13) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

14) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

15) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________.

16) Which of the following statements about GDP is correct?

17) A logical starting point from which the study of international trade begins is __________.

18) In computing GDP, market prices are used to value final goods and services because __________.

19) Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________.

20) To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________.

21) Resources are __________.

22) Many U.S. business leaders argue that the current state of U.S. net exports is the result of __________.

23) The balance of payment account is made up of:

24) Real GDP __________.

25) The model of aggregate demand and aggregate supply explains the relationship between __________.

26) Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________.

27) Over the past two decades, the United States has __________.

28) ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by:

29) A leader is:

30) The pursuit of lucrative opportunities by enterprising individuals is called:

31) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

32) A manager's ability to stimulate people to be high performers is referred to as:

33) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

34) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

35) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

36) Which of these represent skills that managers need?

37) Teams that work on long-term projects but disband once the work is completed are known as:

38) Building a dynamic organization is another way of describing which function of management?

39) When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a:

40) The most dominant areas in the global economy include: 

41) Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered:

42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 
For this sample, the median is _____.

43) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice?

44) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income. 
Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with
of robberies in each city (thousands of robberies) and
of police force in each city (thousands of police)?

45) In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____.

46) Independent events A and B would be consistent with which of the following statements:

 

47) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 
For this sample, the standard deviation is approximately _____.

48) In lean systems, if a defective product is found, which of the following is generally NOT done?

49) In a network diagram, an activity:

50) Which is not a tool of statistical quality control?

51) A computer analysis reveals that the best-fitting trend model is Yt = 4.12 e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. 
If we fit a linear trend to data that are growing exponentially __________.

52) The one-worker, multiple machines approach functions as:

53) Zappos built the majority of its information systems using which of the following?

54) Search engines and metasearch engines are examples of which network application?

55) In the _____ phase of the decision making process, managers test potential solutions “on paper.”

56) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel.

57) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information.

58) Which of the following are not provided by digital dashboards?

59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____.

60) Credit card companies would most likely use which of the following to check for fraudulent credit card use?

61) Computer support is greatest for which of the following problems?

62) International Game Technology’s new ERP system produced all of the following benefits except:

63) Disadvantages of using current liabilities as opposed to long-term debt include:

64) Suppose you determine that the NPV of a project is $1,525,855. What does that mean?

65) An increase in future value can be caused by an increase in the __________.

66) Dublin International Corporation’s marginal tax rate is 40%. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. The bonds can be sold now at a price of $938.90 each. The underwriters will charge $23 per bond in flotation costs. Determine the approximate after-tax cost of debt for Dublin International to use in a capital budgeting analysis.

67) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

68) At 8% compounded annually, how long will it take $750 to double?

69) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

70) Exchange rate risk:

71) According to the hedging principle, permanent assets should be financed with _____ liabilities.

72) PepsiCo calculates unlevered betas for each peer group in order to:

73) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

74) Bondholders have a priority claim on assets ahead of:

75) The common stockholders are most concerned with:

76) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

77) "Marketing strategy planning" means:

78) A cluster analysis of the "toothpaste market" would probably show that:

79) When doing "positioning," a marketing manager should:

80) Economists' economic-buyer theory assumes that __________.

81) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called:

82) When evaluating macro-marketing:

83) "Positioning":

84) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing?

85) In comparison to the buying of final consumers, the purchasing of organizational buyers:

86) The basic objective of the U.S. market-directed economic system is to:

87) The clustering techniques that can be used in segmenting:

88) Which of the following terms need not be disclosed under Truth-in-Lending Act?

89) The tort of intentional interference with contractual relations requires the following except:

90) Which of the following is correct about litigating commercial disputes?

91) Which of the following activities by an administrative agency requires public notice and participation?

92) What type of commercial speech did the U.S. Supreme Court say was protected in the Greater New Orleans Broadcasting Association, Inc. v. United States case?

93) Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law?

94) Information which comes to the knowledge of an agent is:

95) A professional corporation is one that:

96) What makes a publicly held corporation different from a public corporation?

97) A “closely held corporation” is a corporation that is owned by:

98) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

100) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

BUS 475 Final Exam 7

Business / Economics

6/28/13

Opening Offer: $30.00
Posted by: helpfavor
Date Posted: 6/28/13 7:33 AM
Due Date: 6/28/13

1) A well-designed activity-based costing system starts with __________.

2) Managerial accounting __________.

3) What effect do current technology changes have on managerial accounting?

4) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: 

Income Statement     Balance Sheet

Dr.                  Cr.                   Dr.                  Cr.

Totals              $58,000           $48,000           $34,000           $44,000
The net income (or loss) for the period is __________.

5) "Generally accepted" in the phrase generally accepted accounting principles means that the principles _______.

6) If a company reports a net loss, it __________.

7) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

8) The first step in activity-based costing is to ________.

9) Which one of the following items is not generally used in preparing a statement of cash flows?

10) What exists when budgeted costs exceed actual results?

11) Which list below best describes the major services performed by public accountants?

12) The cost of an asset and its fair market value are __________.

13) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

14) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

15) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________.

16) Which of the following statements about GDP is correct?

17) A logical starting point from which the study of international trade begins is __________.

18) In computing GDP, market prices are used to value final goods and services because __________.

19) Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________.

20) To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________.

21) Resources are __________.

22) Many U.S. business leaders argue that the current state of U.S. net exports is the result of __________.

23) The balance of payment account is made up of:

24) Real GDP __________.

25) The model of aggregate demand and aggregate supply explains the relationship between __________.

26) Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________.

27) Over the past two decades, the United States has __________.

28) ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by:

29) A leader is:

30) The pursuit of lucrative opportunities by enterprising individuals is called:

31) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

32) A manager's ability to stimulate people to be high performers is referred to as:

33) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

34) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

35) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

36) Which of these represent skills that managers need?

37) Teams that work on long-term projects but disband once the work is completed are known as:

38) Building a dynamic organization is another way of describing which function of management?

39) When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a:

40) The most dominant areas in the global economy include: 

41) Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered:

42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 
For this sample, the median is _____.

43) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice?

44) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income. 
Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with
of robberies in each city (thousands of robberies) and
of police force in each city (thousands of police)?

45) In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____.

46) Independent events A and B would be consistent with which of the following statements:

 

47) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 
For this sample, the standard deviation is approximately _____.

48) In lean systems, if a defective product is found, which of the following is generally NOT done?

49) In a network diagram, an activity:

50) Which is not a tool of statistical quality control?

51) A computer analysis reveals that the best-fitting trend model is Yt = 4.12 e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. 
If we fit a linear trend to data that are growing exponentially __________.

52) The one-worker, multiple machines approach functions as:

53) Zappos built the majority of its information systems using which of the following?

54) Search engines and metasearch engines are examples of which network application?

55) In the _____ phase of the decision making process, managers test potential solutions “on paper.”

56) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel.

57) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information.

58) Which of the following are not provided by digital dashboards?

59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____.

60) Credit card companies would most likely use which of the following to check for fraudulent credit card use?

61) Computer support is greatest for which of the following problems?

62) International Game Technology’s new ERP system produced all of the following benefits except:

63) Disadvantages of using current liabilities as opposed to long-term debt include:

64) Suppose you determine that the NPV of a project is $1,525,855. What does that mean?

65) An increase in future value can be caused by an increase in the __________.

66) Dublin International Corporation’s marginal tax rate is 40%. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. The bonds can be sold now at a price of $938.90 each. The underwriters will charge $23 per bond in flotation costs. Determine the approximate after-tax cost of debt for Dublin International to use in a capital budgeting analysis.

67) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

68) At 8% compounded annually, how long will it take $750 to double?

69) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

70) Exchange rate risk:

71) According to the hedging principle, permanent assets should be financed with _____ liabilities.

72) PepsiCo calculates unlevered betas for each peer group in order to:

73) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

74) Bondholders have a priority claim on assets ahead of:

75) The common stockholders are most concerned with:

76) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

77) "Marketing strategy planning" means:

78) A cluster analysis of the "toothpaste market" would probably show that:

79) When doing "positioning," a marketing manager should:

80) Economists' economic-buyer theory assumes that __________.

81) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called:

82) When evaluating macro-marketing:

83) "Positioning":

84) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing?

85) In comparison to the buying of final consumers, the purchasing of organizational buyers:

86) The basic objective of the U.S. market-directed economic system is to:

87) The clustering techniques that can be used in segmenting:

88) Which of the following terms need not be disclosed under Truth-in-Lending Act?

89) The tort of intentional interference with contractual relations requires the following except:

90) Which of the following is correct about litigating commercial disputes?

91) Which of the following activities by an administrative agency requires public notice and participation?

92) What type of commercial speech did the U.S. Supreme Court say was protected in the Greater New Orleans Broadcasting Association, Inc. v. United States case?

93) Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law?

94) Information which comes to the knowledge of an agent is:

95) A professional corporation is one that:

96) What makes a publicly held corporation different from a public corporation?

97) A “closely held corporation” is a corporation that is owned by:

98) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

100) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

 

BUS 475 Final Exam 7

Business / Economics

6/29/13

Opening Offer: $30.00
Posted by: rews
Date Posted: 6/29/13 10:48 AM
Due Date: 6/29/13

1) A well-designed activity-based costing system starts with __________.

2) Managerial accounting __________.

3) What effect do current technology changes have on managerial accounting?

4) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: 

Income Statement     Balance Sheet

Dr.                  Cr.                   Dr.                  Cr.

Totals              $58,000           $48,000           $34,000           $44,000

The net income (or loss) for the period is __________.

5) "Generally accepted" in the phrase generally accepted accounting principles means that the principles _______.

6) If a company reports a net loss, it __________.

7) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

8) The first step in activity-based costing is to ________.

9) Which one of the following items is not generally used in preparing a statement of cash flows?

10) What exists when budgeted costs exceed actual results?

11) Which list below best describes the major services performed by public accountants?

12) The cost of an asset and its fair market value are __________.

13) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

14) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

15) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________.

16) Which of the following statements about GDP is correct?

17) A logical starting point from which the study of international trade begins is __________.

18) In computing GDP, market prices are used to value final goods and services because __________.

19) Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________.

20) To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________.

21) Resources are __________.

22) Many U.S. business leaders argue that the current state of U.S. net exports is the result of __________.

23) The balance of payment account is made up of:

24) Real GDP __________.

25) The model of aggregate demand and aggregate supply explains the relationship between __________.

26) Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________.

27) Over the past two decades, the United States has __________.

28) ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by:

29) A leader is:

30) The pursuit of lucrative opportunities by enterprising individuals is called:

31) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

32) A manager's ability to stimulate people to be high performers is referred to as:

33) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

34) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

35) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

36) Which of these represent skills that managers need?

37) Teams that work on long-term projects but disband once the work is completed are known as:

38) Building a dynamic organization is another way of describing which function of management?

39) When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a:

40) The most dominant areas in the global economy include: 

41) Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered:

42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 

For this sample, the median is _____.

43) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice?

44) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income. 

Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with

of robberies in each city (thousands of robberies) and

of police force in each city (thousands of police)?

45) In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____.

46) Independent events A and B would be consistent with which of the following statements:

 

47) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. 

For this sample, the standard deviation is approximately _____.

48) In lean systems, if a defective product is found, which of the following is generally NOT done?

49) In a network diagram, an activity:

50) Which is not a tool of statistical quality control?

51) A computer analysis reveals that the best-fitting trend model is Yt = 4.12 e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. 

If we fit a linear trend to data that are growing exponentially __________.

52) The one-worker, multiple machines approach functions as:

53) Zappos built the majority of its information systems using which of the following?

54) Search engines and metasearch engines are examples of which network application?

55) In the _____ phase of the decision making process, managers test potential solutions “on paper.”

56) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel.

57) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information.

58) Which of the following are not provided by digital dashboards?

59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____.

60) Credit card companies would most likely use which of the following to check for fraudulent credit card use?

61) Computer support is greatest for which of the following problems?

62) International Game Technology’s new ERP system produced all of the following benefits except:

63) Disadvantages of using current liabilities as opposed to long-term debt include:

64) Suppose you determine that the NPV of a project is $1,525,855. What does that mean?

65) An increase in future value can be caused by an increase in the __________.

66) Dublin International Corporation’s marginal tax rate is 40%. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. The bonds can be sold now at a price of $938.90 each. The underwriters will charge $23 per bond in flotation costs. Determine the approximate after-tax cost of debt for Dublin International to use in a capital budgeting analysis.

67) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

68) At 8% compounded annually, how long will it take $750 to double?

69) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

70) Exchange rate risk:

71) According to the hedging principle, permanent assets should be financed with _____ liabilities.

72) PepsiCo calculates unlevered betas for each peer group in order to:

73) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

74) Bondholders have a priority claim on assets ahead of:

75) The common stockholders are most concerned with:

76) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

77) "Marketing strategy planning" means:

78) A cluster analysis of the "toothpaste market" would probably show that:

79) When doing "positioning," a marketing manager should:

80) Economists' economic-buyer theory assumes that __________.

81) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called:

82) When evaluating macro-marketing:

83) "Positioning":

84) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing?

85) In comparison to the buying of final consumers, the purchasing of organizational buyers:

86) The basic objective of the U.S. market-directed economic system is to:

87) The clustering techniques that can be used in segmenting:

88) Which of the following terms need not be disclosed under Truth-in-Lending Act?

89) The tort of intentional interference with contractual relations requires the following except:

90) Which of the following is correct about litigating commercial disputes?

91) Which of the following activities by an administrative agency requires public notice and participation?

92) What type of commercial speech did the U.S. Supreme Court say was protected in the Greater New Orleans Broadcasting Association, Inc. v. United States case?

93) Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law?

94) Information which comes to the knowledge of an agent is:

95) A professional corporation is one that:

96) What makes a publicly held corporation different from a public corporation?

97) A “closely held corporation” is a corporation that is owned by:

98) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

100) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

 

 

BUS 475 Final Exam 7

Business / Economics

7/29/13

Opening Offer: $30.00
Posted by: janesea
Date Posted: 7/29/13 11:15 AM
Due Date: 7/29/13

1) A well-designed activity-based costing system starts with __________. 2) Managerial accounting __________. 3) What effect do current technology changes have on managerial accounting? 4) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 5) "Generally accepted" in the phrase generally accepted accounting principles means that the principles _______. 6) If a company reports a net loss, it __________. 7) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? 8) The first step in activity-based costing is to ________. 9) Which one of the following items is not generally used in preparing a statement of cash flows? 10) What exists when budgeted costs exceed actual results? 11) Which list below best describes the major services performed by public accountants? 12) The cost of an asset and its fair market value are __________. 13) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? 14) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 15) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________. 16) Which of the following statements about GDP is correct? 17) A logical starting point from which the study of international trade begins is __________. 18) In computing GDP, market prices are used to value final goods and services because __________. 19) Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________. 20) To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________. 21) Resources are __________. 22) Many U.S. business leaders argue that the current state of U.S. net exports is the result of __________. 23) The balance of payment account is made up of: 24) Real GDP __________. 25) The model of aggregate demand and aggregate supply explains the relationship between __________. 26) Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________. 27) Over the past two decades, the United States has __________. 28) ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by: 29) A leader is: 30) The pursuit of lucrative opportunities by enterprising individuals is called: 31) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is: 32) A manager's ability to stimulate people to be high performers is referred to as: 33) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the: 34) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of: 35) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources? 36) Which of these represent skills that managers need? 37) Teams that work on long-term projects but disband once the work is completed are known as: 38) Building a dynamic organization is another way of describing which function of management? 39) When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a: 40) The most dominant areas in the global economy include: 41) Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered: 42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the median is _____. 43) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice? 44) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income. Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with of robberies in each city (thousands of robberies) and of police force in each city (thousands of police)? 45) In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____. 46) Independent events A and B would be consistent with which of the following statements: 47) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the standard deviation is approximately _____. 48) In lean systems, if a defective product is found, which of the following is generally NOT done? 49) In a network diagram, an activity: 50) Which is not a tool of statistical quality control? 51) A computer analysis reveals that the best-fitting trend model is Yt = 4.12 e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. If we fit a linear trend to data that are growing exponentially __________. 52) The one-worker, multiple machines approach functions as: 53) Zappos built the majority of its information systems using which of the following? 54) Search engines and metasearch engines are examples of which network application? 55) In the _____ phase of the decision making process, managers test potential solutions “on paper.” 56) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel. 57) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information. 58) Which of the following are not provided by digital dashboards? 59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____. 60) Credit card companies would most likely use which of the following to check for fraudulent credit card use? 61) Computer support is greatest for which of the following problems? 62) International Game Technology’s new ERP system produced all of the following benefits except: 63) Disadvantages of using current liabilities as opposed to long-term debt include: 64) Suppose you determine that the NPV of a project is $1,525,855. What does that mean? 65) An increase in future value can be caused by an increase in the __________. 66) Dublin International Corporation’s marginal tax rate is 40%. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. The bonds can be sold now at a price of $938.90 each. The underwriters will charge $23 per bond in flotation costs. Determine the approximate after-tax cost of debt for Dublin International to use in a capital budgeting analysis. 67) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 68) At 8% compounded annually, how long will it take $750 to double? 69) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock? 70) Exchange rate risk: 71) According to the hedging principle, permanent assets should be financed with _____ liabilities. 72) PepsiCo calculates unlevered betas for each peer group in order to: 73) If the quote for a forward exchange contract is greater than the computed price, the forward contract is: 74) Bondholders have a priority claim on assets ahead of: 75) The common stockholders are most concerned with: 76) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 77) "Marketing strategy planning" means: 78) A cluster analysis of the "toothpaste market" would probably show that: 79) When doing "positioning," a marketing manager should: 80) Economists' economic-buyer theory assumes that __________. 81) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called: 82) When evaluating macro-marketing: 83) "Positioning": 84) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing? 85) In comparison to the buying of final consumers, the purchasing of organizational buyers: 86) The basic objective of the U.S. market-directed economic system is to: 87) The clustering techniques that can be used in segmenting: 88) Which of the following terms need not be disclosed under Truth-in-Lending Act? 89) The tort of intentional interference with contractual relations requires the following except: 90) Which of the following is correct about litigating commercial disputes? 91) Which of the following activities by an administrative agency requires public notice and participation? 92) What type of commercial speech did the U.S. Supreme Court say was protected in the Greater New Orleans Broadcasting Association, Inc. v. United States case? 93) Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law? 94) Information which comes to the knowledge of an agent is: 95) A professional corporation is one that: 96) What makes a publicly held corporation different from a public corporation? 97) A “closely held corporation” is a corporation that is owned by: 98) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States. 99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods? 100) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

BUS 475 Final Exam 7

Business / Economics

8/3/13

Opening Offer: $30.00
Posted by: orchid
Date Posted: 8/3/13 9:07 AM
Due Date: 8/3/13

1) A well-designed activity-based costing system starts with __________. 2) Managerial accounting __________. 3) What effect do current technology changes have on managerial accounting? 4) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 5) "Generally accepted" in the phrase generally accepted accounting principles means that the principles _______. 6) If a company reports a net loss, it __________. 7) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? 8) The first step in activity-based costing is to ________. 9) Which one of the following items is not generally used in preparing a statement of cash flows? 10) What exists when budgeted costs exceed actual results? 11) Which list below best describes the major services performed by public accountants? 12) The cost of an asset and its fair market value are __________. 13) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? 14) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 15) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________. 16) Which of the following statements about GDP is correct? 17) A logical starting point from which the study of international trade begins is __________. 18) In computing GDP, market prices are used to value final goods and services because __________. 19) Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________. 20) To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________. 21) Resources are __________. 22) Many U.S. business leaders argue that the current state of U.S. net exports is the result of __________. 23) The balance of payment account is made up of: 24) Real GDP __________. 25) The model of aggregate demand and aggregate supply explains the relationship between __________. 26) Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________. 27) Over the past two decades, the United States has __________. 28) ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by: 29) A leader is: 30) The pursuit of lucrative opportunities by enterprising individuals is called: 31) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is: 32) A manager's ability to stimulate people to be high performers is referred to as: 33) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the: 34) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of: 35) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources? 36) Which of these represent skills that managers need? 37) Teams that work on long-term projects but disband once the work is completed are known as: 38) Building a dynamic organization is another way of describing which function of management? 39) When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a: 40) The most dominant areas in the global economy include: 41) Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered: 42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the median is _____. 43) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice? 44) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income. Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with of robberies in each city (thousands of robberies) and of police force in each city (thousands of police)? 45) In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____. 46) Independent events A and B would be consistent with which of the following statements: 47) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the standard deviation is approximately _____. 48) In lean systems, if a defective product is found, which of the following is generally NOT done? 49) In a network diagram, an activity: 50) Which is not a tool of statistical quality control? 51) A computer analysis reveals that the best-fitting trend model is Yt = 4.12 e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. If we fit a linear trend to data that are growing exponentially __________. 52) The one-worker, multiple machines approach functions as: 53) Zappos built the majority of its information systems using which of the following? 54) Search engines and metasearch engines are examples of which network application? 55) In the _____ phase of the decision making process, managers test potential solutions “on paper.” 56) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel. 57) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information. 58) Which of the following are not provided by digital dashboards? 59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____. 60) Credit card companies would most likely use which of the following to check for fraudulent credit card use? 61) Computer support is greatest for which of the following problems? 62) International Game Technology’s new ERP system produced all of the following benefits except: 63) Disadvantages of using current liabilities as opposed to long-term debt include: 64) Suppose you determine that the NPV of a project is $1,525,855. What does that mean? 65) An increase in future value can be caused by an increase in the __________. 66) Dublin International Corporation’s marginal tax rate is 40%. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. The bonds can be sold now at a price of $938.90 each. The underwriters will charge $23 per bond in flotation costs. Determine the approximate after-tax cost of debt for Dublin International to use in a capital budgeting analysis. 67) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 68) At 8% compounded annually, how long will it take $750 to double? 69) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock? 70) Exchange rate risk: 71) According to the hedging principle, permanent assets should be financed with _____ liabilities. 72) PepsiCo calculates unlevered betas for each peer group in order to: 73) If the quote for a forward exchange contract is greater than the computed price, the forward contract is: 74) Bondholders have a priority claim on assets ahead of: 75) The common stockholders are most concerned with: 76) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 77) "Marketing strategy planning" means: 78) A cluster analysis of the "toothpaste market" would probably show that: 79) When doing "positioning," a marketing manager should: 80) Economists' economic-buyer theory assumes that __________. 81) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called: 82) When evaluating macro-marketing: 83) "Positioning": 84) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing? 85) In comparison to the buying of final consumers, the purchasing of organizational buyers: 86) The basic objective of the U.S. market-directed economic system is to: 87) The clustering techniques that can be used in segmenting: 88) Which of the following terms need not be disclosed under Truth-in-Lending Act? 89) The tort of intentional interference with contractual relations requires the following except: 90) Which of the following is correct about litigating commercial disputes? 91) Which of the following activities by an administrative agency requires public notice and participation? 92) What type of commercial speech did the U.S. Supreme Court say was protected in the Greater New Orleans Broadcasting Association, Inc. v. United States case? 93) Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law? 94) Information which comes to the knowledge of an agent is: 95) A professional corporation is one that: 96) What makes a publicly held corporation different from a public corporation? 97) A “closely held corporation” is a corporation that is owned by: 98) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States. 99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods? 100) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

BUS 475 Final Exam 7

Business / Economics

8/3/13

Opening Offer: $30.00
Posted by: jane
Date Posted: 8/3/13 11:01 AM
Due Date: 8/3/13

1) A well-designed activity-based costing system starts with __________. 2) Managerial accounting __________. 3) What effect do current technology changes have on managerial accounting? 4) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 5) "Generally accepted" in the phrase generally accepted accounting principles means that the principles _______. 6) If a company reports a net loss, it __________. 7) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? 8) The first step in activity-based costing is to ________. 9) Which one of the following items is not generally used in preparing a statement of cash flows? 10) What exists when budgeted costs exceed actual results? 11) Which list below best describes the major services performed by public accountants? 12) The cost of an asset and its fair market value are __________. 13) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? 14) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 15) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________. 16) Which of the following statements about GDP is correct? 17) A logical starting point from which the study of international trade begins is __________. 18) In computing GDP, market prices are used to value final goods and services because __________. 19) Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________. 20) To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________. 21) Resources are __________. 22) Many U.S. business leaders argue that the current state of U.S. net exports is the result of __________. 23) The balance of payment account is made up of: 24) Real GDP __________. 25) The model of aggregate demand and aggregate supply explains the relationship between __________. 26) Edward Prescott and Finn Kydland won the Nobel Prize in Economics in 2004. One of their contributions was to argue that if a central bank could convince people to expect zero inflation, then the Fed would be tempted to raise output by increasing inflation. This possibility is known as __________. 27) Over the past two decades, the United States has __________. 28) ABC International carefully watches the actions of its most innovative competitor and learns from them. ABC can establish a low-cost position by: 29) A leader is: 30) The pursuit of lucrative opportunities by enterprising individuals is called: 31) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is: 32) A manager's ability to stimulate people to be high performers is referred to as: 33) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the: 34) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of: 35) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources? 36) Which of these represent skills that managers need? 37) Teams that work on long-term projects but disband once the work is completed are known as: 38) Building a dynamic organization is another way of describing which function of management? 39) When a company establishes technology leadership by pioneering unique products or services that command premium prices, it has benefited from a: 40) The most dominant areas in the global economy include: 41) Listening to employee suggestions, gaining support for organizational objectives and fostering an atmosphere of teamwork are all considered: 42) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the median is _____. 43) A poll showed that 48 out of 120 randomly chosen graduates of California medical schools last year intended to specialize in family practice. What is the width of a 90% confidence interval for the proportion that plan to specialize in family practice? 44) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was Crime = 428 + .050 Income. Which outcomes would be likely in a bivariate regression on 45 randomly chosen U.S. cities in 2005 with of robberies in each city (thousands of robberies) and of police force in each city (thousands of police)? 45) In a random sample of 810 women employees, it is found that 81 would prefer working for a female boss. The width of the 95% confidence interval for the proportion of women who prefer a female boss is _____. 46) Independent events A and B would be consistent with which of the following statements: 47) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the standard deviation is approximately _____. 48) In lean systems, if a defective product is found, which of the following is generally NOT done? 49) In a network diagram, an activity: 50) Which is not a tool of statistical quality control? 51) A computer analysis reveals that the best-fitting trend model is Yt = 4.12 e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. If we fit a linear trend to data that are growing exponentially __________. 52) The one-worker, multiple machines approach functions as: 53) Zappos built the majority of its information systems using which of the following? 54) Search engines and metasearch engines are examples of which network application? 55) In the _____ phase of the decision making process, managers test potential solutions “on paper.” 56) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel. 57) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information. 58) Which of the following are not provided by digital dashboards? 59) A company wants to use data from past promotional mailings to identify people who would likely respond favorably to future mailings. This company would most likely use _____. 60) Credit card companies would most likely use which of the following to check for fraudulent credit card use? 61) Computer support is greatest for which of the following problems? 62) International Game Technology’s new ERP system produced all of the following benefits except: 63) Disadvantages of using current liabilities as opposed to long-term debt include: 64) Suppose you determine that the NPV of a project is $1,525,855. What does that mean? 65) An increase in future value can be caused by an increase in the __________. 66) Dublin International Corporation’s marginal tax rate is 40%. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. The bonds can be sold now at a price of $938.90 each. The underwriters will charge $23 per bond in flotation costs. Determine the approximate after-tax cost of debt for Dublin International to use in a capital budgeting analysis. 67) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 68) At 8% compounded annually, how long will it take $750 to double? 69) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock? 70) Exchange rate risk: 71) According to the hedging principle, permanent assets should be financed with _____ liabilities. 72) PepsiCo calculates unlevered betas for each peer group in order to: 73) If the quote for a forward exchange contract is greater than the computed price, the forward contract is: 74) Bondholders have a priority claim on assets ahead of: 75) The common stockholders are most concerned with: 76) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 77) "Marketing strategy planning" means: 78) A cluster analysis of the "toothpaste market" would probably show that: 79) When doing "positioning," a marketing manager should: 80) Economists' economic-buyer theory assumes that __________. 81) The managerial process of developing and maintaining a match between the resources of an organization and its market opportunities is called: 82) When evaluating macro-marketing: 83) "Positioning": 84) Coca-Cola is taking advantage of the new willingness of Chinese leaders to engage in international trade by marketing its soft drinks in China. What type of opportunity is Coke pursuing? 85) In comparison to the buying of final consumers, the purchasing of organizational buyers: 86) The basic objective of the U.S. market-directed economic system is to: 87) The clustering techniques that can be used in segmenting: 88) Which of the following terms need not be disclosed under Truth-in-Lending Act? 89) The tort of intentional interference with contractual relations requires the following except: 90) Which of the following is correct about litigating commercial disputes? 91) Which of the following activities by an administrative agency requires public notice and participation? 92) What type of commercial speech did the U.S. Supreme Court say was protected in the Greater New Orleans Broadcasting Association, Inc. v. United States case? 93) Which of the following lists, in descending priority, of sources considered by most courts in settling questions of international law? 94) Information which comes to the knowledge of an agent is: 95) A professional corporation is one that: 96) What makes a publicly held corporation different from a public corporation? 97) A “closely held corporation” is a corporation that is owned by: 98) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States. 99) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods? 100) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

BUS 475 Final Exam 8

Business / Economics

9/7/13

Opening Offer: $30.00
Posted by: sealady
Date Posted: 9/7/13 5:29 AM
Due Date: 9/7/13

1) The first step in activity-based costing is to __________. 2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? 3) Balance sheet accounts are considered to be __________. 4) In what situations will a static budget be most effective in evaluating a manager's effectiveness? 5) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? 6) The conceptual framework developed by the Financial Accounting Standards Board __________. 7) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 8) Of the following companies, which one would not likely employ the specific identification method for inventory costing? 9) What is value chain management best defined as? 10) A well-designed activity-based costing system starts with __________. 11) Multinational corporations __________. 12) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 13) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________. 14) The major reporting standard for management accounts is __________. 15: A tax on an imported good is called a __________. 16) In economics, the cost of something is __________. 17) Which of the following statements about GDP is correct? 18) The price of a good that prevails in a world market is called the 19) Lekeisha's income exceeds her expenditures. Lekeisha is a __________. 20) One characteristic of an oligopoly market structure is: 21) When a firm sells a good or a service, the sale contributes to the nation’s income __________. 22) The model of short-run economic fluctuations focuses on the price level and __________. 23) The open-economy macroeconomic model examines the determination of __________. 24) In general, the longest lag for __________. 25) The political business cycle refers to __________. 26) The open-economy macroeconomic model includes __________. 27) In the open-economy macroeconomic model, other things the same, a decrease in the interest rate shifts __________. 28) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the: 29) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n): 30) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is: 31) One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called: 32) __________ is the process of working with people and resources to accomplish organizational goals. 33) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of: 34) Managers will utilize __________ skills with increasing frequency as they rise within an organization. 35) Which of these represent skills that managers need? 36) Which of the following statements does NOT support Total Quality Management? 37) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources? 38) Which of these describes a vision, as it pertains to leadership? 39) The most dominant areas in the global economy include: 40) Which of the following best describes a mental image of a possible and desirable future state of the organization? 41) Teams that operate separately from the regular work structure and exist temporarily are known as: 42) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________. 43) Sampling error can be reduced by __________. 44) In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value? 45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled? 46) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the standard deviation is approximately _____. 47) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was + .050 Income. Assuming b1 is significant, if Income decreases by 1000 we would predict that Crime will __________. 48) While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that: 49) Companies using lean systems generally have: 50) Likely reasons for inaccurate control limits would include which of the following? 51) You are faced with a linear programming objective function of: Max P = $20X + $30Y and constraints of: 3X + (Constraint A) 5X – (Constraint B) You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE? 52) A computer analysis reveals that the best-fitting trend model is e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. If we fit a linear trend to data that are growing exponentially __________. 53) It is very difficult to manage data for which of the following reasons? 54) When customers access a Web site and make purchases, they generate __________. 55) When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data. 56) Which of the following is NOT an advantage of the buy option for acquiring IS applications? 57) A set of programs that enable the hardware to process data is _____. 58) Which of the following statements about information systems is not correct? 59) Computer support is greatest for which of the following problems? 60) Competitive advantage for an organization manifests as all of the following except: 61) Geocoding is __________. 62) The management cockpit best exemplifies which type of system? 63) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. Year Net Cash Flow 1 $1,000 2 $1,500 3 $ 500 64) If the quote for a forward exchange contract is greater than the computed price, the forward contract is: 65) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 66) At 8% compounded annually, how long will it take $750 to double? 67) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock? 68) Bondholders have a priority claim on assets ahead of: 69) Exchange rate risk: 70) An increase in future value can be caused by an increase in the __________. 71) You hold a portfolio with the following securities: Security Percent of Portfolio Beta Return X Corporation 20% 1.35 14% Y Corporation 35% .95 10% Z Corporation 45% .75 8% Compute the expected return and beta for the portfolio. 72) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years? 73) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments. 74) PepsiCo calculates unlevered betas for each peer group in order to: 75) Disadvantages of using current liabilities as opposed to long-term debt include: 76) When evaluating macro-marketing: 77) "Marketing strategy planning" means: 78) Marketing: 79) A firm's "marketing mix" decision areas would NOT include: 80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 81) The economists' view of buyers: 82) The difference between target marketing and mass marketing is that target marketing: 83) When doing "positioning," a marketing manager should: 84) The clustering techniques that can be used in segmenting: 85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that: 86) Good marketing strategy planners know that: 87) The basic objective of the U.S. market-directed economic system is to: 88) In a criminal proceeding, what is the difference between an indictment and an information? 89) Which of the following is true about the Sherman Act? 90) Which of the following is correct about litigating commercial disputes? 91) The tort of intentional interference with contractual relations requires the following except: 92) Which of the following is correct about interpretive rules? 93) If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received: 94) A “closely held corporation” is a corporation that is owned by: 95) Which of the following terms is not required to be disclosed under the Truth-in-Lending Act? 96) If the value of the collateral is less than the debt owed to the secured party, then: 97) If a minor wishes to be bound to a contract after becoming an adult, she must: 98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner. 99) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States. 100) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

BUS 475 Final Exam 8

Business / Economics

11/8/12

Opening Offer: $30.00
Posted by: argument
Date Posted: 11/8/12 4:43 PM
Due Date: 12/31/69

1) The first step in activity-based costing is to __________.

2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

3) Balance sheet accounts are considered to be __________.

4) In what situations will a static budget be most effective in evaluating a manager's effectiveness?

5) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

6) The conceptual framework developed by the Financial Accounting Standards Board __________.

7) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals:

 Income Statement  Balance Sheet

Dr.                  Cr.        Dr.                 Cr.

Totals               $58,000 $48,000       $34,000           $44,000

The net income (or loss) for the period is __________.

8) Of the following companies, which one would not likely employ the specific identification method for inventory costing?

9) What is value chain management best defined as?

10) A well-designed activity-based costing system starts with __________.

11) Multinational corporations __________.

12) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

13) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________.

14) The major reporting standard for management accounts is __________.

15: A tax on an imported good is called a __________.

16) In economics, the cost of something is __________.

17) Which of the following statements about GDP is correct?

18) The price of a good that prevails in a world market is called the

19) Lekeisha's income exceeds her expenditures. Lekeisha is a __________.

20) One characteristic of an oligopoly market structure is:

21) When a firm sells a good or a service, the sale contributes to the nation’s income __________.

22) The model of short-run economic fluctuations focuses on the price level and __________.

23) The open-economy macroeconomic model examines the determination of __________.

24) In general, the longest lag for __________.

25) The political business cycle refers to __________.

26) The open-economy macroeconomic model includes __________.

27) In the open-economy macroeconomic model, other things the same, a decrease in the interest rate shifts __________.

28) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

29) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n):

30) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

31) One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called:

32) __________ is the process of working with people and resources to accomplish organizational goals.

33) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

34) Managers will utilize __________ skills with increasing frequency as they rise within an organization.

35) Which of these represent skills that managers need?

36) Which of the following statements does NOT support Total Quality Management?

37) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

38) Which of these describes a vision, as it pertains to leadership?

39) The most dominant areas in the global economy include:

40) Which of the following best describes a mental image of a possible and desirable future state of the organization?

41) Teams that operate separately from the regular work structure and exist temporarily are known as:

42) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________.

43) Sampling error can be reduced by __________.

44) In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value?

45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled?

46) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18.

For this sample, the standard deviation is approximately _____.

47) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was + .050 Income.

Assuming b1 is significant, if Income decreases by 1000 we would predict that Crime will __________.

48) While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that:

49) Companies using lean systems generally have:

50) Likely reasons for inaccurate control limits would include which of the following?

51) You are faced with a linear programming objective function of:

Max P = $20X + $30Y and constraints of:

 3X + (Constraint A)

 5X – (Constraint B)

You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?

52) A computer analysis reveals that the best-fitting trend model is e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571.

If we fit a linear trend to data that are growing exponentially __________.

53) It is very difficult to manage data for which of the following reasons?

54) When customers access a Web site and make purchases, they generate __________.

55) When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data.

56) Which of the following is NOT an advantage of the buy option for acquiring IS applications?

57) A set of programs that enable the hardware to process data is _____.

58) Which of the following statements about information systems is not correct?

59) Computer support is greatest for which of the following problems?

60) Competitive advantage for an organization manifests as all of the following except:

61) Geocoding is __________.

62) The management cockpit best exemplifies which type of system?

63) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.

Year Net Cash Flow

1 $1,000

2 $1,500

3 $  500

64) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

65) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

66) At 8% compounded annually, how long will it take $750 to double?

67) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

68) Bondholders have a priority claim on assets ahead of:

69) Exchange rate risk:

70) An increase in future value can be caused by an increase in the __________.

71) You hold a portfolio with the following securities:

Security Percent of Portfolio Beta Return

X Corporation 20% 1.35 14%

Y Corporation 35% .95 10%

Z Corporation 45% .75 8%

Compute the expected return and beta for the portfolio.

72) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years?

73) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments.

74) PepsiCo calculates unlevered betas for each peer group in order to:

75) Disadvantages of using current liabilities as opposed to long-term debt include:

76) When evaluating macro-marketing:

77) "Marketing strategy planning" means:

78) Marketing:

79) A firm's "marketing mix" decision areas would NOT include:

80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

81) The economists' view of buyers:

82) The difference between target marketing and mass marketing is that target marketing:

83) When doing "positioning," a marketing manager should:

84) The clustering techniques that can be used in segmenting:

85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

86) Good marketing strategy planners know that:

87) The basic objective of the U.S. market-directed economic system is to:

88) In a criminal proceeding, what is the difference between an indictment and an information?

89) Which of the following is true about the Sherman Act?

90) Which of the following is correct about litigating commercial disputes?

91) The tort of intentional interference with contractual relations requires the following except:

92) Which of the following is correct about interpretive rules?

93) If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received:

94) A “closely held corporation” is a corporation that is owned by:

95) Which of the following terms is not required to be disclosed under the Truth-in-Lending Act?

96) If the value of the collateral is less than the debt owed to the secured party, then:

97) If a minor wishes to be bound to a contract after becoming an adult, she must:

98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

99) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

100) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

BUS 475 Final Exam 8

Business / Economics

6/28/13

Opening Offer: $30.00
Posted by: helpfavor
Date Posted: 6/28/13 7:36 AM
Due Date: 6/28/13

1) The first step in activity-based costing is to __________.

2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

3) Balance sheet accounts are considered to be __________.

4) In what situations will a static budget be most effective in evaluating a manager's effectiveness?

5) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

6) The conceptual framework developed by the Financial Accounting Standards Board __________.

7) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals:

 Income Statement  Balance Sheet

Dr.                  Cr.        Dr.                 Cr.

Totals               $58,000 $48,000       $34,000           $44,000

The net income (or loss) for the period is __________.

8) Of the following companies, which one would not likely employ the specific identification method for inventory costing?

9) What is value chain management best defined as?

10) A well-designed activity-based costing system starts with __________.

11) Multinational corporations __________.

12) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

13) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________.

14) The major reporting standard for management accounts is __________.

15: A tax on an imported good is called a __________.

16) In economics, the cost of something is __________.

17) Which of the following statements about GDP is correct?

18) The price of a good that prevails in a world market is called the

19) Lekeisha's income exceeds her expenditures. Lekeisha is a __________.

20) One characteristic of an oligopoly market structure is:

21) When a firm sells a good or a service, the sale contributes to the nation’s income __________.

22) The model of short-run economic fluctuations focuses on the price level and __________.

23) The open-economy macroeconomic model examines the determination of __________.

24) In general, the longest lag for __________.

25) The political business cycle refers to __________.

26) The open-economy macroeconomic model includes __________.

27) In the open-economy macroeconomic model, other things the same, a decrease in the interest rate shifts __________.

28) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

29) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n):

30) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

31) One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called:

32) __________ is the process of working with people and resources to accomplish organizational goals.

33) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

34) Managers will utilize __________ skills with increasing frequency as they rise within an organization.

35) Which of these represent skills that managers need?

36) Which of the following statements does NOT support Total Quality Management?

37) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

38) Which of these describes a vision, as it pertains to leadership?

39) The most dominant areas in the global economy include:

40) Which of the following best describes a mental image of a possible and desirable future state of the organization?

41) Teams that operate separately from the regular work structure and exist temporarily are known as:

42) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________.

43) Sampling error can be reduced by __________.

44) In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value?

45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled?

46) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18.

For this sample, the standard deviation is approximately _____.

47) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was + .050 Income.

Assuming b1 is significant, if Income decreases by 1000 we would predict that Crime will __________.

48) While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that:

49) Companies using lean systems generally have:

50) Likely reasons for inaccurate control limits would include which of the following?

51) You are faced with a linear programming objective function of:

Max P = $20X + $30Y and constraints of:

 3X + (Constraint A)

 5X – (Constraint B)

You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?

52) A computer analysis reveals that the best-fitting trend model is e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571.

If we fit a linear trend to data that are growing exponentially __________.

53) It is very difficult to manage data for which of the following reasons?

54) When customers access a Web site and make purchases, they generate __________.

55) When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data.

56) Which of the following is NOT an advantage of the buy option for acquiring IS applications?

57) A set of programs that enable the hardware to process data is _____.

58) Which of the following statements about information systems is not correct?

59) Computer support is greatest for which of the following problems?

60) Competitive advantage for an organization manifests as all of the following except:

61) Geocoding is __________.

62) The management cockpit best exemplifies which type of system?

63) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.

Year Net Cash Flow

1 $1,000

2 $1,500

3 $  500

64) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

65) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

66) At 8% compounded annually, how long will it take $750 to double?

67) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

68) Bondholders have a priority claim on assets ahead of:

69) Exchange rate risk:

70) An increase in future value can be caused by an increase in the __________.

71) You hold a portfolio with the following securities:

Security Percent of Portfolio Beta Return

X Corporation 20% 1.35 14%

Y Corporation 35% .95 10%

Z Corporation 45% .75 8%

Compute the expected return and beta for the portfolio.

72) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years?

73) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments.

74) PepsiCo calculates unlevered betas for each peer group in order to:

75) Disadvantages of using current liabilities as opposed to long-term debt include:

76) When evaluating macro-marketing:

77) "Marketing strategy planning" means:

78) Marketing:

79) A firm's "marketing mix" decision areas would NOT include:

80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

81) The economists' view of buyers:

82) The difference between target marketing and mass marketing is that target marketing:

83) When doing "positioning," a marketing manager should:

84) The clustering techniques that can be used in segmenting:

85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

86) Good marketing strategy planners know that:

87) The basic objective of the U.S. market-directed economic system is to:

88) In a criminal proceeding, what is the difference between an indictment and an information?

89) Which of the following is true about the Sherman Act?

90) Which of the following is correct about litigating commercial disputes?

91) The tort of intentional interference with contractual relations requires the following except:

92) Which of the following is correct about interpretive rules?

93) If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received:

94) A “closely held corporation” is a corporation that is owned by:

95) Which of the following terms is not required to be disclosed under the Truth-in-Lending Act?

96) If the value of the collateral is less than the debt owed to the secured party, then:

97) If a minor wishes to be bound to a contract after becoming an adult, she must:

98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

99) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

100) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

 

BUS 475 Final Exam 8

Business / Economics

6/29/13

Opening Offer: $30.00
Posted by: rews
Date Posted: 6/29/13 10:52 AM
Due Date: 6/29/13

1) The first step in activity-based costing is to __________.

2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

3) Balance sheet accounts are considered to be __________.

4) In what situations will a static budget be most effective in evaluating a manager's effectiveness?

5) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

6) The conceptual framework developed by the Financial Accounting Standards Board __________.

7) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals:

 Income Statement  Balance Sheet

Dr.                  Cr.        Dr.                 Cr.

Totals               $58,000 $48,000       $34,000           $44,000

The net income (or loss) for the period is __________.

8) Of the following companies, which one would not likely employ the specific identification method for inventory costing?

9) What is value chain management best defined as?

10) A well-designed activity-based costing system starts with __________.

11) Multinational corporations __________.

12) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

13) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________.

14) The major reporting standard for management accounts is __________.

15: A tax on an imported good is called a __________.

16) In economics, the cost of something is __________.

17) Which of the following statements about GDP is correct?

18) The price of a good that prevails in a world market is called the

19) Lekeisha's income exceeds her expenditures. Lekeisha is a __________.

20) One characteristic of an oligopoly market structure is:

21) When a firm sells a good or a service, the sale contributes to the nation’s income __________.

22) The model of short-run economic fluctuations focuses on the price level and __________.

23) The open-economy macroeconomic model examines the determination of __________.

24) In general, the longest lag for __________.

25) The political business cycle refers to __________.

26) The open-economy macroeconomic model includes __________.

27) In the open-economy macroeconomic model, other things the same, a decrease in the interest rate shifts __________.

28) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

29) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n):

30) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

31) One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called:

32) __________ is the process of working with people and resources to accomplish organizational goals.

33) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

34) Managers will utilize __________ skills with increasing frequency as they rise within an organization.

35) Which of these represent skills that managers need?

36) Which of the following statements does NOT support Total Quality Management?

37) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

38) Which of these describes a vision, as it pertains to leadership?

39) The most dominant areas in the global economy include:

40) Which of the following best describes a mental image of a possible and desirable future state of the organization?

41) Teams that operate separately from the regular work structure and exist temporarily are known as:

42) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________.

43) Sampling error can be reduced by __________.

44) In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value?

45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled?

46) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18.

For this sample, the standard deviation is approximately _____.

47) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was + .050 Income.

Assuming b1 is significant, if Income decreases by 1000 we would predict that Crime will __________.

48) While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that:

49) Companies using lean systems generally have:

50) Likely reasons for inaccurate control limits would include which of the following?

51) You are faced with a linear programming objective function of:

Max P = $20X + $30Y and constraints of:

 3X + (Constraint A)

 5X – (Constraint B)

You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?

52) A computer analysis reveals that the best-fitting trend model is e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571.

If we fit a linear trend to data that are growing exponentially __________.

53) It is very difficult to manage data for which of the following reasons?

54) When customers access a Web site and make purchases, they generate __________.

55) When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data.

56) Which of the following is NOT an advantage of the buy option for acquiring IS applications?

57) A set of programs that enable the hardware to process data is _____.

58) Which of the following statements about information systems is not correct?

59) Computer support is greatest for which of the following problems?

60) Competitive advantage for an organization manifests as all of the following except:

61) Geocoding is __________.

62) The management cockpit best exemplifies which type of system?

63) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.

Year Net Cash Flow

1 $1,000

2 $1,500

3 $  500

64) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

65) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

66) At 8% compounded annually, how long will it take $750 to double?

67) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

68) Bondholders have a priority claim on assets ahead of:

69) Exchange rate risk:

70) An increase in future value can be caused by an increase in the __________.

71) You hold a portfolio with the following securities:

Security Percent of Portfolio Beta Return

X Corporation 20% 1.35 14%

Y Corporation 35% .95 10%

Z Corporation 45% .75 8%

Compute the expected return and beta for the portfolio.

72) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years?

73) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments.

74) PepsiCo calculates unlevered betas for each peer group in order to:

75) Disadvantages of using current liabilities as opposed to long-term debt include:

76) When evaluating macro-marketing:

77) "Marketing strategy planning" means:

78) Marketing:

79) A firm's "marketing mix" decision areas would NOT include:

80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

81) The economists' view of buyers:

82) The difference between target marketing and mass marketing is that target marketing:

83) When doing "positioning," a marketing manager should:

84) The clustering techniques that can be used in segmenting:

85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

86) Good marketing strategy planners know that:

87) The basic objective of the U.S. market-directed economic system is to:

88) In a criminal proceeding, what is the difference between an indictment and an information?

89) Which of the following is true about the Sherman Act?

90) Which of the following is correct about litigating commercial disputes?

91) The tort of intentional interference with contractual relations requires the following except:

92) Which of the following is correct about interpretive rules?

93) If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received:

94) A “closely held corporation” is a corporation that is owned by:

95) Which of the following terms is not required to be disclosed under the Truth-in-Lending Act?

96) If the value of the collateral is less than the debt owed to the secured party, then:

97) If a minor wishes to be bound to a contract after becoming an adult, she must:

98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

99) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

100) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

 

 

BUS 475 Final Exam 8

Business / Economics

7/29/13

Opening Offer: $30.00
Posted by: janesea
Date Posted: 7/29/13 11:20 AM
Due Date: 7/29/13

1) The first step in activity-based costing is to __________.

2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

3) Balance sheet accounts are considered to be __________.

4) In what situations will a static budget be most effective in evaluating a manager's effectiveness?

5) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

6) The conceptual framework developed by the Financial Accounting Standards Board __________.

7) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals:

 Income Statement  Balance Sheet

Dr.                  Cr.        Dr.                 Cr.

Totals               $58,000 $48,000       $34,000           $44,000

The net income (or loss) for the period is __________.

8) Of the following companies, which one would not likely employ the specific identification method for inventory costing?

9) What is value chain management best defined as?

10) A well-designed activity-based costing system starts with __________.

11) Multinational corporations __________.

12) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

13) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________.

14) The major reporting standard for management accounts is __________.

15: A tax on an imported good is called a __________.

16) In economics, the cost of something is __________.

17) Which of the following statements about GDP is correct?

18) The price of a good that prevails in a world market is called the

19) Lekeisha's income exceeds her expenditures. Lekeisha is a __________.

20) One characteristic of an oligopoly market structure is:

21) When a firm sells a good or a service, the sale contributes to the nation’s income __________.

22) The model of short-run economic fluctuations focuses on the price level and __________.

23) The open-economy macroeconomic model examines the determination of __________.

24) In general, the longest lag for __________.

25) The political business cycle refers to __________.

26) The open-economy macroeconomic model includes __________.

27) In the open-economy macroeconomic model, other things the same, a decrease in the interest rate shifts __________.

28) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

29) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n):

30) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

31) One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called:

32) __________ is the process of working with people and resources to accomplish organizational goals.

33) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

34) Managers will utilize __________ skills with increasing frequency as they rise within an organization.

35) Which of these represent skills that managers need?

36) Which of the following statements does NOT support Total Quality Management?

37) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

38) Which of these describes a vision, as it pertains to leadership?

39) The most dominant areas in the global economy include:

40) Which of the following best describes a mental image of a possible and desirable future state of the organization?

41) Teams that operate separately from the regular work structure and exist temporarily are known as:

42) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________.

43) Sampling error can be reduced by __________.

44) In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value?

45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled?

46) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18.

For this sample, the standard deviation is approximately _____.

47) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was + .050 Income.

Assuming b1 is significant, if Income decreases by 1000 we would predict that Crime will __________.

48) While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that:

49) Companies using lean systems generally have:

50) Likely reasons for inaccurate control limits would include which of the following?

51) You are faced with a linear programming objective function of:

Max P = $20X + $30Y and constraints of:

 3X + (Constraint A)

 5X – (Constraint B)

You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?

52) A computer analysis reveals that the best-fitting trend model is e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571.

If we fit a linear trend to data that are growing exponentially __________.

53) It is very difficult to manage data for which of the following reasons?

54) When customers access a Web site and make purchases, they generate __________.

55) When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data.

56) Which of the following is NOT an advantage of the buy option for acquiring IS applications?

57) A set of programs that enable the hardware to process data is _____.

58) Which of the following statements about information systems is not correct?

59) Computer support is greatest for which of the following problems?

60) Competitive advantage for an organization manifests as all of the following except:

61) Geocoding is __________.

62) The management cockpit best exemplifies which type of system?

63) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.

Year Net Cash Flow

1 $1,000

2 $1,500

3 $  500

64) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

65) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

66) At 8% compounded annually, how long will it take $750 to double?

67) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

68) Bondholders have a priority claim on assets ahead of:

69) Exchange rate risk:

70) An increase in future value can be caused by an increase in the __________.

71) You hold a portfolio with the following securities:

Security Percent of Portfolio Beta Return

X Corporation 20% 1.35 14%

Y Corporation 35% .95 10%

Z Corporation 45% .75 8%

Compute the expected return and beta for the portfolio.

72) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years?

73) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments.

74) PepsiCo calculates unlevered betas for each peer group in order to:

75) Disadvantages of using current liabilities as opposed to long-term debt include:

76) When evaluating macro-marketing:

77) "Marketing strategy planning" means:

78) Marketing:

79) A firm's "marketing mix" decision areas would NOT include:

80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

81) The economists' view of buyers:

82) The difference between target marketing and mass marketing is that target marketing:

83) When doing "positioning," a marketing manager should:

84) The clustering techniques that can be used in segmenting:

85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

86) Good marketing strategy planners know that:

87) The basic objective of the U.S. market-directed economic system is to:

88) In a criminal proceeding, what is the difference between an indictment and an information?

89) Which of the following is true about the Sherman Act?

90) Which of the following is correct about litigating commercial disputes?

91) The tort of intentional interference with contractual relations requires the following except:

92) Which of the following is correct about interpretive rules?

93) If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received:

94) A “closely held corporation” is a corporation that is owned by:

95) Which of the following terms is not required to be disclosed under the Truth-in-Lending Act?

96) If the value of the collateral is less than the debt owed to the secured party, then:

97) If a minor wishes to be bound to a contract after becoming an adult, she must:

98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

99) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

100) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

 

BUS 475 Final Exam 8

Business / Economics

8/3/13

Opening Offer: $30.00
Posted by: orchid
Date Posted: 8/3/13 9:09 AM
Due Date: 8/3/13

1) The first step in activity-based costing is to __________.

2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers?

3) Balance sheet accounts are considered to be __________.

4) In what situations will a static budget be most effective in evaluating a manager's effectiveness?

5) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March?

6) The conceptual framework developed by the Financial Accounting Standards Board __________.

7) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals:

 Income Statement  Balance Sheet

Dr.                  Cr.        Dr.                 Cr.

Totals               $58,000 $48,000       $34,000           $44,000

The net income (or loss) for the period is __________.

8) Of the following companies, which one would not likely employ the specific identification method for inventory costing?

9) What is value chain management best defined as?

10) A well-designed activity-based costing system starts with __________.

11) Multinational corporations __________.

12) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____.

13) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________.

14) The major reporting standard for management accounts is __________.

15: A tax on an imported good is called a __________.

16) In economics, the cost of something is __________.

17) Which of the following statements about GDP is correct?

18) The price of a good that prevails in a world market is called the

19) Lekeisha's income exceeds her expenditures. Lekeisha is a __________.

20) One characteristic of an oligopoly market structure is:

21) When a firm sells a good or a service, the sale contributes to the nation’s income __________.

22) The model of short-run economic fluctuations focuses on the price level and __________.

23) The open-economy macroeconomic model examines the determination of __________.

24) In general, the longest lag for __________.

25) The political business cycle refers to __________.

26) The open-economy macroeconomic model includes __________.

27) In the open-economy macroeconomic model, other things the same, a decrease in the interest rate shifts __________.

28) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the:

29) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n):

30) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is:

31) One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called:

32) __________ is the process of working with people and resources to accomplish organizational goals.

33) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of:

34) Managers will utilize __________ skills with increasing frequency as they rise within an organization.

35) Which of these represent skills that managers need?

36) Which of the following statements does NOT support Total Quality Management?

37) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources?

38) Which of these describes a vision, as it pertains to leadership?

39) The most dominant areas in the global economy include:

40) Which of the following best describes a mental image of a possible and desirable future state of the organization?

41) Teams that operate separately from the regular work structure and exist temporarily are known as:

42) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________.

43) Sampling error can be reduced by __________.

44) In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value?

45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled?

46) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18.

For this sample, the standard deviation is approximately _____.

47) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was + .050 Income.

Assuming b1 is significant, if Income decreases by 1000 we would predict that Crime will __________.

48) While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that:

49) Companies using lean systems generally have:

50) Likely reasons for inaccurate control limits would include which of the following?

51) You are faced with a linear programming objective function of:

Max P = $20X + $30Y and constraints of:

 3X + (Constraint A)

 5X – (Constraint B)

You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE?

52) A computer analysis reveals that the best-fitting trend model is e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571.

If we fit a linear trend to data that are growing exponentially __________.

53) It is very difficult to manage data for which of the following reasons?

54) When customers access a Web site and make purchases, they generate __________.

55) When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data.

56) Which of the following is NOT an advantage of the buy option for acquiring IS applications?

57) A set of programs that enable the hardware to process data is _____.

58) Which of the following statements about information systems is not correct?

59) Computer support is greatest for which of the following problems?

60) Competitive advantage for an organization manifests as all of the following except:

61) Geocoding is __________.

62) The management cockpit best exemplifies which type of system?

63) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520.

Year Net Cash Flow

1 $1,000

2 $1,500

3 $  500

64) If the quote for a forward exchange contract is greater than the computed price, the forward contract is:

65) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio.

66) At 8% compounded annually, how long will it take $750 to double?

67) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock?

68) Bondholders have a priority claim on assets ahead of:

69) Exchange rate risk:

70) An increase in future value can be caused by an increase in the __________.

71) You hold a portfolio with the following securities:

Security Percent of Portfolio Beta Return

X Corporation 20% 1.35 14%

Y Corporation 35% .95 10%

Z Corporation 45% .75 8%

Compute the expected return and beta for the portfolio.

72) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years?

73) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments.

74) PepsiCo calculates unlevered betas for each peer group in order to:

75) Disadvantages of using current liabilities as opposed to long-term debt include:

76) When evaluating macro-marketing:

77) "Marketing strategy planning" means:

78) Marketing:

79) A firm's "marketing mix" decision areas would NOT include:

80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called:

81) The economists' view of buyers:

82) The difference between target marketing and mass marketing is that target marketing:

83) When doing "positioning," a marketing manager should:

84) The clustering techniques that can be used in segmenting:

85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that:

86) Good marketing strategy planners know that:

87) The basic objective of the U.S. market-directed economic system is to:

88) In a criminal proceeding, what is the difference between an indictment and an information?

89) Which of the following is true about the Sherman Act?

90) Which of the following is correct about litigating commercial disputes?

91) The tort of intentional interference with contractual relations requires the following except:

92) Which of the following is correct about interpretive rules?

93) If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received:

94) A “closely held corporation” is a corporation that is owned by:

95) Which of the following terms is not required to be disclosed under the Truth-in-Lending Act?

96) If the value of the collateral is less than the debt owed to the secured party, then:

97) If a minor wishes to be bound to a contract after becoming an adult, she must:

98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner.

99) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States.

100) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

 

BUS 475 Final Exam 8

Business / Economics

8/3/13

Opening Offer: $30.00
Posted by: jane
Date Posted: 8/3/13 11:04 AM
Due Date: 8/3/13

1) The first step in activity-based costing is to __________. 2) H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? 3) Balance sheet accounts are considered to be __________. 4) In what situations will a static budget be most effective in evaluating a manager's effectiveness? 5) Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? 6) The conceptual framework developed by the Financial Accounting Standards Board __________. 7) The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. 8) Of the following companies, which one would not likely employ the specific identification method for inventory costing? 9) What is value chain management best defined as? 10) A well-designed activity-based costing system starts with __________. 11) Multinational corporations __________. 12) A company just starting in business purchased three merchandise inventory items at the following prices. First purchase $80; Second purchase $95; Third purchase $85. If the company sold two units for a total of $240 and used FIFO costing, the gross profit for the period would be _____. 13) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________. 14) The major reporting standard for management accounts is __________. 15: A tax on an imported good is called a __________. 16) In economics, the cost of something is __________. 17) Which of the following statements about GDP is correct? 18) The price of a good that prevails in a world market is called the 19) Lekeisha's income exceeds her expenditures. Lekeisha is a __________. 20) One characteristic of an oligopoly market structure is: 21) When a firm sells a good or a service, the sale contributes to the nation’s income __________. 22) The model of short-run economic fluctuations focuses on the price level and __________. 23) The open-economy macroeconomic model examines the determination of __________. 24) In general, the longest lag for __________. 25) The political business cycle refers to __________. 26) The open-economy macroeconomic model includes __________. 27) In the open-economy macroeconomic model, other things the same, a decrease in the interest rate shifts __________. 28) An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy is referred to as the: 29) An organization that is managed aggressively and has growth and high profits as primary objectives may be considered a(n): 30) A series of quality standards developed by a committee working under the International Organization for Standardization to improve total quality in all businesses for the benefit of both producers and consumers is: 31) One of the most important contributors to total quality management has been the introduction of statistical tools to analyze the causes of product defects in an approach called: 32) __________ is the process of working with people and resources to accomplish organizational goals. 33) The Aquatic Center, Inc. periodically reviews the goals of the company. During the process, The Aquatic Center managers analyze their current strategies as compared to their competitors, determine goals that they will pursue and decide upon specific actions for each area of the company to take in pursuit of these goals. The Aquatic Center managers have been engaged in the management function of: 34) Managers will utilize __________ skills with increasing frequency as they rise within an organization. 35) Which of these represent skills that managers need? 36) Which of the following statements does NOT support Total Quality Management? 37) Which of these refers to the practices aimed at discovering and harnessing an organization's intellectual resources? 38) Which of these describes a vision, as it pertains to leadership? 39) The most dominant areas in the global economy include: 40) Which of the following best describes a mental image of a possible and desirable future state of the organization? 41) Teams that operate separately from the regular work structure and exist temporarily are known as: 42) From its 32 regions, the Federal Aviation Administration selects 5 regions, and then randomly audits 20 departing commercial flights in each region for compliance with legal fuel and weight requirements. This is __________. 43) Sampling error can be reduced by __________. 44) In a right-tail test, a statistician came up with a z test statistic of 1.469. What is the p-value? 45) A financial institution wishes to estimate the mean balances owed by its credit card customers. The population standard deviation is estimated to be $300. If a 98 percent confidence interval is used and an interval of ±$75 is desired, how many cardholders should be sampled? 46) Twelve randomly-chosen students were asked how many times they had missed class during a certain semester, with this result: 2, 1, 5, 1, 1, 3, 4, 3, 1, 1, 5, 18. For this sample, the standard deviation is approximately _____. 47) William used a sample of 68 U.S. cities to estimate the relationship between Crime (annual property crimes per 100,000 persons) and Income (median income per capita). His estimated regression equation was + .050 Income. Assuming b1 is significant, if Income decreases by 1000 we would predict that Crime will __________. 48) While glancing over the sensitivity report, you note that the stitching labor has a shadow price of $10 and a lower limit of 24 hours with an upper limit of 36 hours. If your original right hand value for stitching labor was 30 hours, you know that: 49) Companies using lean systems generally have: 50) Likely reasons for inaccurate control limits would include which of the following? 51) You are faced with a linear programming objective function of: Max P = $20X + $30Y and constraints of: 3X + (Constraint A) 5X – (Constraint B) You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0. Which of these statements is TRUE? 52) A computer analysis reveals that the best-fitting trend model is e 0.987 t. The trend was fitted using year-end common stock prices for Melodic Kortholt Outlet for the last six years. The R2 is 0.8571. If we fit a linear trend to data that are growing exponentially __________. 53) It is very difficult to manage data for which of the following reasons? 54) When customers access a Web site and make purchases, they generate __________. 55) When your purchases are swiped over the bar-code reader at the point-of-sale terminals at Wal-Mart, a _____ records the data. 56) Which of the following is NOT an advantage of the buy option for acquiring IS applications? 57) A set of programs that enable the hardware to process data is _____. 58) Which of the following statements about information systems is not correct? 59) Computer support is greatest for which of the following problems? 60) Competitive advantage for an organization manifests as all of the following except: 61) Geocoding is __________. 62) The management cockpit best exemplifies which type of system? 63) Given the following annual net cash flows, determine the IRR to the nearest whole percent of a project with an initial outlay of $1,520. Year Net Cash Flow 1 $1,000 2 $1,500 3 $ 500 64) If the quote for a forward exchange contract is greater than the computed price, the forward contract is: 65) A stock with a beta greater than 1.0 has returns that are _____ volatile than the market, and a stock with a beta of less than 1.0 exhibits returns which are _____ volatile than those of the market portfolio. 66) At 8% compounded annually, how long will it take $750 to double? 67) Petrified Forest Skin Care, Inc. pays an annual perpetual dividend of $1.70 per share. If the stock is currently selling for $21.25 per share, what is the expected rate of return on this stock? 68) Bondholders have a priority claim on assets ahead of: 69) Exchange rate risk: 70) An increase in future value can be caused by an increase in the __________. 71) You hold a portfolio with the following securities: Security Percent of Portfolio Beta Return X Corporation 20% 1.35 14% Y Corporation 35% .95 10% Z Corporation 45% .75 8% Compute the expected return and beta for the portfolio. 72) At what rate must $400 be compounded annually for it to grow to $716.40 in 10 years? 73) What is the yield to maturity of a nine-year bond that pays a coupon rate of 20% per year, has a $1,000 par value, and is currently priced at $1,407? Round your answer to the nearest whole percent and assume annual coupon payments. 74) PepsiCo calculates unlevered betas for each peer group in order to: 75) Disadvantages of using current liabilities as opposed to long-term debt include: 76) When evaluating macro-marketing: 77) "Marketing strategy planning" means: 78) Marketing: 79) A firm's "marketing mix" decision areas would NOT include: 80) Regarding organizational buying, the people who have the power to select or approve the supplier--especially for larger purchases--are called: 81) The economists' view of buyers: 82) The difference between target marketing and mass marketing is that target marketing: 83) When doing "positioning," a marketing manager should: 84) The clustering techniques that can be used in segmenting: 85) Comparing GDP for foreign countries can help a marketing manager evaluate potential markets if the manager remembers that: 86) Good marketing strategy planners know that: 87) The basic objective of the U.S. market-directed economic system is to: 88) In a criminal proceeding, what is the difference between an indictment and an information? 89) Which of the following is true about the Sherman Act? 90) Which of the following is correct about litigating commercial disputes? 91) The tort of intentional interference with contractual relations requires the following except: 92) Which of the following is correct about interpretive rules? 93) If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received: 94) A “closely held corporation” is a corporation that is owned by: 95) Which of the following terms is not required to be disclosed under the Truth-in-Lending Act? 96) If the value of the collateral is less than the debt owed to the secured party, then: 97) If a minor wishes to be bound to a contract after becoming an adult, she must: 98) Although the U.S. has had a longstanding agreement with _____ after the passage of NAFTA, _____ became the United States' second largest trading partner. 99) One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States. 100) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

 

BUS 475 Final Exam 8 DIFFERENT SETS +..

Business / Economics

9/16/11

Opening Offer: $30.00
Posted by: spqr
Date Posted: 9/16/11 4:42 PM
Due Date: 11/29/11

BUS 475 Final Exam 8 DIFFERENT SETS + CH1 practice QuestionsBUS 475 Final Exam 8 DIFFERENT SETS + CH1 practice Questions

BUS 475 Final Exam 8 sets

Business / Economics

10/13/12

Opening Offer: $70.00
Posted by: argument
Date Posted: 10/13/12 6:08 AM
Due Date: 12/31/69

BUS 475 Final Exam 1

 BUS 475 Final Exam 2

 BUS 475 Final Exam 3

 BUS 475 Final Exam 4

 BUS 475 Final Exam 5

 BUS 475 Final Exam 6

 BUS 475 Final Exam 7

 BUS 475 Final Exam 8

BUS 475 Final exam Solutions , 5 Sets..

Business / Economics

1/25/13

Opening Offer: $24.99
Posted by: justhelpstudent
Date Posted: 1/25/13 5:58 PM
Due Date: 12/31/69

BUS 475 Final exam Solutions , 5 Sets of Questions with ANSWERS # !!! # BUY THIS ONE #

BUS 475 Final Exam with 100 Questions..

Business / Economics

12/21/12

Opening Offer: $5.00
Posted by: justhelpstudent
Date Posted: 12/21/12 11:43 PM
Due Date: 12/31/69

BUS 475 Final Exam with 100 Questions with ANSWERS step-1BUS 475 Final Exam with 100 Questions with ANSWERS step-1

BUS 475 Final Exam with 100 Questions..

Business / Economics

12/21/12

Opening Offer: $5.00
Posted by: justhelpstudent
Date Posted: 12/21/12 11:43 PM
Due Date: 12/31/69

BUS 475 Final Exam with 100 Questions with ANSWERS step-2BUS 475 Final Exam with 100 Questions with ANSWERS step-2

prev1...2526272829...165next
102550100 per page