Final Exam ACC/340 Accounting Information Systems I Week 5 The point value for the Multiple Choice is 1 point per question each for a grand total of 20 points. If you have any questions please let me know. Thank you and good luck. 1. The “S” in the acronym “AIS” stands for: a) Standard b) System (X) c) Symbol d) none of these 2. Which of the following is true? a) An AIS must be computerized to be useful b) An AIS always produces useful information
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CLICK TO DOWNLOAD ECO 550 Midterm Exam 1. Economies of Scope refers to situations where per unit costs are 2. For a short-run cost function which of the following statements is (are) not true? 3. According to the theory of cost‚ specialization in the use of variable resources in the short-run results initially in: 4. Economies of scale exist whenever long-run average costs: 5. The existence of diseconomies of scale (size) for the firm is hypothesized to result from: 6. If TC =
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CLICK TO DOWNLOAD ECO 550 Midterm Exam 1. Which of the following barometric indicators would be the most helpful for forecasting future sales for an industry? 2. The use of quarterly data to develop the forecasting model Yt = a +bYt−1 is an example of which forecasting technique? 3. Consumer expenditure plans is an example of a forecasting method. Which of the general categories best described this example? 4. The type of economic indicator that can best be used for business forecasting
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CLICK TO DOWNLOAD ECO 550 Midterm Exam 1. A change in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the ____. 2. The level of an economic activity should be increased to the point where the ____ is zero. 3. The ____ is the ratio of ____ to the ____. 4. The standard deviation is appropriate to compare the risk between two investments only if 5. The approximate probability of a value occurring that is greater than one
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CLCIK TO DOWNLOAD ECO 550 Midterm Exam 1. Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT: 2. The primary objective of a for-profit firm is to ___________. 3. Income tax payments are an example of ____. 4. Economic profit is defined as the difference between revenue and ____. 5. A change in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the ____. 6. The standard deviation
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The examination is in two parts‚ Section A and B. No writing is allowed in the examination booklet during reading time‚ however notes may be made on the scribble paper provided. This is a closed book theory examination. Number and write your answers in the examination booklet provided. All material‚ that is this examination paper‚ examination booklets and scribble paper must be handed to the examiners prior to leaving the examination room. All transnational students are entitled to use an English
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ACC/291 - Final Exam Study Guide 1. Ordinary repairs are expenses to keep a plant asset functioning properly: Revenue expenditures Explanation: Revenue expenditure is an ongoing cost to maintain the operational efficiency of an asset. 2. Percentage of receivables method: Estimated uncollectible accounts = $15‚000. Allowance for Doubtful Accounts = $3‚000 What is the amount of bad debts expense? $12‚000 Explanation: This entry simply requires you to subtract 3‚000 from
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On the first page of this exam form you will find important information about this exam. Please read the information below before answering any exam questions! Exam: Financiering (6011P0122) and Finance (6011P0135) Date and time of the exam: Tuesday‚ April 22 Duration of the exam: 1 hour You have to identify yourself using your validated UvA-identification card or other legal ID-card. If you are not registered via SIS for the course component correctly‚ your exam will not be marked and registered
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CIS 511 Final Exam 100% Correct Answers http://www.accttutorials.com/downloads/cis-511-final-exam-100-correct-answers/ Click above Link to get this A Graded Material For More information visit our website: http://www.accttutorials.com CIS 511 Final Exam 100% Correct Answers Question 1 There is no need to re-engineer a process once an ERP project has begun. Question 2 TQM concentrates on anticipating and preventing defects. Question 3 BOM is alternately called‚ “basis of manufacturing”
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Multiple Choice (5 points each) 1. In the United States‚ the concept that employees are entitled to a voice in the workplace because it is consistent with the fundamental doctrine of our political system is known as: a. exclusive representative b. Industrial democracy c. Participative management d. Critical industrial relations 2. Which of the following is not considered an argument for treating employees as “more” than simply another commodity that can be bought and sold in the
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