BUS508 Final Part 2
Contemporary Business
Week 11 Final Exam Part 2
Instructions This exam consists of 25 multiple choice questions and covers the material in Chapters 13 through 17.
Question 1
4 out of 4 poin
...
BUS508 Final Part 2
Contemporary Business
Week 11 Final Exam Part 2
Instructions This exam consists of 25 multiple choice questions and covers the material in Chapters 13 through 17.
Question 1
4 out of 4 points
Mailing out samples is particularly useful in promoting ________.
Answer
Question 2
4 out of 4 points
Business costs that remain change with the level of production are called ________ costs.
Answer
Question 3
4 out of 4 points
The process of finalizing a sale is the ________.
Answer
Question 4
4 out of 4 points
In breakeven analysis, the costs that change with the level of production are considered ________ costs.
Answer
Question 5
4 out of 4 points
A leading manufacturer of exercise bicycles ran a full-page advertisement in a health magazine comparing the price of its bicycle with that of a leading competitor. The manufacturer is using ________.
Answer
Question 6
4 out of 4 points
Courtney’s office in south Florida was destroyed by a hurricane last year, and she lost numerous company documents. After relocating, Courtney took no chances and implemented ________, in which she backed up her data in a secure online storage service.
Answer
Question 7
4 out of 4 points
Which of the following reasons is a reason for the increasing popularity of notebook computers?
Answer
Question 8
4 out of 4 points
Which of the following is considered information rather than data?
Answer
Question 9
4 out of 4 points
Which of the following is an application program?
Answer
Question 10
4 out of 4 points
An information system that provides relevant data to help businesspeople choose the appropriate course of action is called a(n) ________.
Answer
Question 11
All of the following are profitability ratios EXCEPT ________.
Answer
Question 12
4 out of 4 points
Who is recognized worldwide as the body with sole responsibility and authority to issue pronouncements on international accounting standards?
Answer
Question 13
4 out of 4 points
________ ratios are designed to indicate how successful a firm is in terms of its earnings as compared with its assets or owners’ equity.
Answer
Question 14
4 out of 4 points
Who appoints the members of the Public Company Accounting Oversight Board?
Answer
Question 15
4 out of 4 points
________ activities provide the necessary funds to start a business and to expand it after it begins operations.
Answer
Question 16
4 out of 4 points
What provision allows the issuer to redeem the bond before its maturity at a specified price?
Answer
Question 17
4 out of 4 points
The U.S. Department of Treasury sells what type of bonds?
Answer
Question 18
4 out of 4 points
In the U.S. financial system, which of the following is a net saver?
Answer
Question 19
4 out of 4 points
Bonds with ratings of BBB and above are classified as ____.
Answer
Question 20
4 out of 4 points
The rate the Fed charges member banks for short-term loans is called the ________.
Answer
Question 21
4 out of 4 points
________ would be the LEAST likely to obtain a private placement.
Answer
Question 22
4 out of 4 points
A company’s financial plan should answer all of the following questions EXCEPT ________.
Answer
Question 23
4 out of 4 points
Which of the following individuals has the direct responsibility for shareholder relations?
Answer
Question 24
4 out of 4 points
Borrowing money ________.
Answer
Question 25
4 out of 4 points
Two types of divestitures are _____.
Answer
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