Financial-Information
Management
Management
One reason an existing business might develop a company website is to
A. create a new revenue source.
B. reduce marketing expenses.
C. lower tax rates.
D. increase its product mix.
A. create a new revenue source.
For a business to determine what resources it needs to effectively adapt to market changes, the business needs to assess its
A. salary and benefits plan.
B. change leaders.
C. strengths and weaknesses.
D. motivation levels.
C. strengths and weaknesses.
An investment planner can assess a stock's volatility by comparing the highest paid price in the past 52 weeks with the
A. estimated dividends.
B. rate of return.
C. price-earnings ratio.
D. lowest paid price in 52 weeks.
D. lowest paid price in 52 weeks.
Which of the following is a benefit of corporate governance:
A. It decreases investor confidence.
B. It encourages transparency.
C. It creates a less definable brand.
D. It maximizes corruption.
B. It encourages transparency.
Fiona made a $500 donation to a local homeless shelter last year. When she prepares her personal income tax form, she can claim the donation as part of her
A. discretionary income.
B. public property.
C. living expenses.
D. tax deductions.
D. tax deductions.
Jonas is a data scientist at a research firm. Part of his responsibilities include looking through his firm's databases and eliminating redundant data. Jonas is performing
A. data normalization.
B. digital analysis.
C. data filtering.
D. information scanning.
A. data normalization.
A student purchased a computer to use at home for schoolwork. In economic terms, this computer would be classified as a(n) __________ good.
A. ultimate
B. capital
C. consumer
D. industrial
C. consumer
Which of the following securities is commonly used to help reduce the impact of significant fluctuations in exchange rates and commodities:
A. Real estate
B. Stocks
C. Bonds
D. Derivatives
D. Derivatives
Which of the following examples best illustrates the relationship between governance and management:
A. Jenna, a manager, provides the board of directors with a framework for determining goals.
B. Wesley bases his management decisions on the strategies outlined by governance processes.
C. A company's governance processes aim to place strict limits on managers.
D. Sapphire Axis, Inc. keeps its top executives and governance strictly separate.
B. Wesley bases his management decisions on the strategies outlined by governance processes.
Which investments, in particular, should an investor sell?
A. Those lacking a significant gain in the most recent quarter
B. Those lacking a significant loss in the most recent quarter
C. Those with the least potential for the future
D. Those with the most potential for the future
C. Those with the least potential for the future
Statistical findings reveal that the Benson Company earned a 35% net profit on the funds it spent on a project. The statistics provided the Benson Company with information about the business's
A. return on investment.
B. retention rate.
C. sales strategies.
D. sales commission rate.
A. return on investment.
18. Which of the following is a likely result of excess demand:
A. A seller's market
B. A buyer's market
C. A customer's market
D. A market price
A. A seller's market
A manufacturing company is considering whether or not to expand its product line but needs to know that the extra costs associated with the decision will not exceed the budget. What technique can help answer
this question?
A. Marginal analysis
B. Cost-benefit analysis
C. Variance analysis
D. Horizontal analysis
A. Marginal analysis
Jenn has bookkeeping responsibilities at her new job. In what department does she likely work?
A. Accounting
B. Marketing research
C. Operations management
D. Securities and investments
A. Accounting
Bob has failed to pay his child support payment for three months in a row. Because of this, the government has put a claim on his home to satisfy the debt. This is called a
A. debt consolidation.
B. garnishment.
C. repossession.
D. lien.
D. lien.
Which of the following groups is most likely to share the same demographics:
A. Airline passengers
B. Online shoppers
C. Working mothers
D. International travelers
C. Working mothers
Which of the following is a likely result of a strong or highly valued currency:
A. Increased imports
B. Increased exports
C. Decreased demand for bonds
D. Decreased interest rates
A. Increased imports
Lauren must determine which of two furniture suppliers is more cost-effective for her company. What type of cost should she analyze?
A. Imputed cost
B. Sunk cost
C. Indirect cost
D. Differential cost
D. Differential cost
Rob is having trouble with his chemistry homework and needs help. He knows that Patrick, who sits next to him, understands the chapter, but he's hesitant to talk to him. Patrick is a rugby player, and Rob doesn't really fit in with the jock crowd. Rob thinks that Patrick probably wouldn't want to help him. Which step of problem solving does this situation illustrate?
A. Evaluate the solution
B. State and check assumptions
C. Collect information
D. Select and implement a solution
B. State and check assumptions
Sasha earns $14 an hour and works 40 hours per week, which gives her a gross income of $560 per week. She budgets $480 for expenses each week and plans to save $80 per week. What is wrong with
Sasha's budget?
A. She should save at least 10% of her income.
B. She hasn't accounted for payroll taxes.
C. Her expenses are too high.
D. She hasn't accounted for health care costs.
B. She hasn't accounted for payroll taxes.
Companies often collect information from the Internet that they can use to identify customer behavior, track sales patterns, and improve customer service. While this practice is helpful for companies, some people are concerned that their information is being used for organizational gain without their knowledge. This is an example of an ethical issue related to
A. web data mining.
B. computer firewalls.
C. search engine optimization.
D. net neutrality.
A. web data mining.
Which of the following is a true statement regarding excise taxes:
A. They are a tax on employment.
B. They are based on a business's income.
C. They apply to all retail sales.
D. They are built into the overall price of a product.
D. They are built into the overall price of a product.
Determine the assets of a business based on the following information: cash of $6,500, accounts receivable of $3,725, inventory of $7,240, property worth $24,850, and short-term debt of $5,300.
A. $43,875
B. $41,115
C. $42,315
D. $47,600
C. $42,315
Christian is excited to be a part of a new committee at work because he knows he can balance his tasks to achieve his goals. This is an example of how
A. it is important to make the most of down time.
B. time management minimizes procrastination.
C. time management improves self-confidence.
D. certain tasks are more important than others.
C. time management improves self-confidence.
In order for a contract between two parties to be legally binding, one party must make an offer and the other party must accept the offer. This offer and acceptance meet the __________ provision.
A. consideration
B. competent parties
C. jurisdiction
D. agreement
D. agreement