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    quiz 2

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    quiz 2 TCO 2) A statement that reports inflows and outflows of cash during the accounting period in the categories of operations‚ investing‚ and financing‚ is called a(an):   Income statement Statement of retained earnings Balance sheet Statement of cash flows Report of management       Question 2. Question : (TCO 2) Two major methods of asset valuation are:   : historical cost and future cost historical cost and acquisition cost historical cost and replacement cost acquisition cost and future cost

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    A Quiz Business Bear Question 1 5 out of 5 points To be successful entrepreneurs must be comfortable risking their money and _____ to start and manage a business. Answer Selected Answer:    time Correct Answer:    time Question 2 0 out of 5 points _____ boomed as mass production took hold during the Industrial Revolution. Answer Selected Answer:    Skilled artisan workshops Correct Answer:    Factory production Question 3

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    Quiz #2

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    FIN 301 – MW – Tu Nguyen – Quiz #2 – Solution:  1. The relevant discount rate for the following set of cash flows is 14 percent. What is the profitability  index?     A. 0.89  B. 0.93  C. 0.99  D. 1.03  E. 1.07       AACSB: Analytic  Bloom’s: Application  Difficulty: Basic  Learning Objective: 9‐7  Section: 9.6  Topic: Profitability index    2. A firm evaluates all of its projects by using the NPV decision rule. At a required return of 14 percent‚  the NPV for the follo

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    Quiz 2

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    Name: ___________________________________________________________ Quiz #2 1. List the four main types of scales identified in Chapter 6. Makes sure in your response below to explain the difference between each through the use of an example. The four main types of scales indentified in chapter 6 are the nominal level of measurement‚ ordinal level of measurement‚ interval level of measurement‚ and the ratio level of measurement. The nominal level of measurement is defined by the text as the characteristics

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    Quiz 2

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    . Contract duties are obligations imposed by law. False 2. Contract law reduces the cost of economic transactions. true 3. A quasi-contract is not a contract‚ but a fiction created by the courts to prevent injustice. true 4. An agreement that is illegal is void. True 5. A contract need not be in writing to be enforceable. False 6. Specific performance is a limited remedy as it is only available for breach of contract to sell a unique item. True 7. A _____ is a promise or a set of promises

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    Quiz 2

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    points A corporation’s issue management activities are usually linked to: Answer Selected Answer:    Both the board of directors and top management levels. Correct Answer:    Both the board of directors and top management levels. Question 2 3 out of 3 points The “graying” of the population is an example of: Answer Selected Answer:    Customer environment. Correct Answer:    Customer environment. Question 3 3 out of 3 points Overtime‚ the nature of business’s relationship

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    Quiz 2

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    department stores and updates information of a employee in a database stored within the organization.   A. Environment variable B. Internal entity C. Storage entity D. Business process You have just been told that an employee for a firm "Updates new employee information." This is an activity or a(n): A. Business Process B. External entity C. Data Storage D. Internal entity From the statement below‚ identify what aspects of a DFD does the underlined part represent:   Customer

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    quiz 1 2

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    five years. In Asia Pacific & Latin America‚ branded shoes will grow 9-11% in the first five years and 7-9% the last five years. Private label is expected to grow 10% universally in the first five years and 8.5% during the next four years vary up to 2% due to competition levels. Your company can produce 6 million pairs of shoes during normal time and an additional 1.2 million if overtime is used. Shoes shipped from factories to distribution centers are subject to tariffs (according to region) and

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    Quiz 2

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    Explanation: Page 121 Points Received: 2 of 2 Comments: 2. Question : (TCO 4) The principal issue to be resolved in cases involving alleged negligence is usually: Student Answer: the amount of the damages suffered by plaintiff. whether to impose punitive damages on defendant. the level of care exercised by the CPA. whether defendant was involved in fraud. Instructor Explanation: Page 119 Points Received: 2 of 2 Comments: 3. Question : (TCO 4)

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    Quiz #2

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    ------------------------------------------------- Top of Form Grade Details | Page: | 1 2 | 1. | Question : | (TCO F) Some companies use process costing and some use job-order costing. Which method a company uses depends on its industry. A number of companies in different industries are listed below: i. Custom boat builder ii. Frozen cranberry juice processor iii. Concrete block manufacturer iv. Winery that produces a number of varietal wines v. Aluminum refiner that makes aluminum

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