MULTIPLE CHOICE 1. The owner’s equity in a business amounted to $56‚000 at the beginning of the year and $100‚000 at the end of the year. The owner had made no additional investments and had withdrawn $19‚000 during the year. The net income for the year amounted to a. $76‚000. b. $67‚000. c. $63‚000. d. $188‚000. ANS: C DIF: Medium OBJ: LO 6-1 MSC: AACSB Analytic 4. Changes in owner’s equity that result from investments or withdrawals of assets by the owner are included in the a. statement
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1. Which of the following statements about heat is false? A) If heat flows into a system‚ the extra energy of the system appears in the form of internal energy. B) A hot object possesses more heat than a cold object. C) If the system and surroundings are in thermal equilibrium‚ there is no heat flow between them. D) A process in which heat flows out of a system is said to be exothermic. E) Heat is a form of energy flow. B is false. If you compare a cup of water at 25oC and a bath tub of
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BA 213 - Test#1 Review Instructor: Usha Ramanujam Dear Students‚ I have indicated answers to the test review questions in BOLD. You can highlight the entire review and remove the bold feature before you start working on these questions and then verify the answers. Also‚ detailed solutions are given for q.38 and q.40 /Usha 1. Thread used in the production of mattresses‚ an indirect material‚ is classified as manufacturing overhead. TRUE/ False 2. Prime cost and conversion
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19. Allegiance‚ Inc. has $125‚000 of inventory that suffered minor smoke damage from a fire in the warehouse. The company can sell the goods "as is" for $45‚000; alternatively‚ the goods can be cleaned and shipped to the firm’s outlet center at a cost of $23‚000. There the goods could be sold for $80‚000. What alternative is more desirable and what is the relevant cost for that alternative? A. Sell "as is‚" $125‚000. B. Clean and ship to outlet center‚ $23‚000. C. Clean and ship to outlet center
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1 Introduction ANSWERS TO MULTIPLE CHOICE QUESTIONS 1. Using a calculator to multiply the length by the width gives a raw answer of 6783 m 2 ‚ but this answer must be rounded to contain the same number of significant figures as the least accurate factor in the product. The least accurate factor is the length‚ which contains either 2 or 3 significant figures‚ depending on whether the trailing zero is significant or is being used only to locate the decimal point. Assuming the length contains 3 significant
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Chapter 8 Index Models 163 Multiple Choice Questions 1. As diversification increases the total variance of a portfolio approaches ____________. A 0 B 1 C the variance of the market portfolio D infinity E none of the above Answer: C Difficulty: Easy Rationale: As more and more securities are added to the portfolio unsystematic risk decreases and most of the remaining risk is systematic as measured by the variance of the market portfolio. 2. The index model was first suggested by ____________. A Graham
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Multiple-Choice Questions 1. Chromosomes other than those involved in sex determination are known as a. nucleosomes b. heterosomes c. alleles d. autosomes e. liposomes Section: 11.1 Bloom’s: knowledge Ans: d 2. Sex chromosomes a. determine sex b. vary from one sex to another c. carry some genes that have nothing to do with sex d. were unknown to Mendel e. all of these Section: 11.1 Bloom’s: knowledge Ans: e 3. Which of the following designates a normal human female?
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Thoroughly penetrating or permeating d. New and improved e. Unwanted but unavoidable 5. In the lecture it was made clear that using marketing concepts and practices in charities is particularly challenging because charities operate with multiple _________. a. Competitors b. Government agencies c. Publics d. Promotional campaigns e. Goals‚ aims and objectives 6. “The McDonaldization of society” means a. The saturation of a market with fast food restaurants
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Chapter 15 Monopoly 1. Monopolies use their market leverage to a. charge prices that equal minimum average total cost. b. attain normal profits in the long run. c. restrict output and increase price. d. dump excess supplies of their product on the market. ANSWER: c restrict output and increase price. SECTION: 1 OBJECTIVE: 1 2. If government officials break a natural monopoly up into several smaller firms‚ then a. competition will force firms to attain
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CHILD AND ADOLESCENT 1. The use of logical thinking in solving problem. a. Concrete operation c. sensorimotor b. Formal operation d. Pre operational 2. The proponent that gives importance in structing environment for development. a. Lev Vegotsky c. Abraham Moslow b. Jean Piaget d. Burrhus Skinner 3. The use of concept are incomplete and sometimes are illogical a. pre conceptual thinking c. pre conventional thinking b. transanctive
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