A fiduciary relationship allows the parties to avoid obligations without liability. ANSWER: F PAGE: 638 A corporate officer is not an agent for the corporation. ANSWER: F PAGE: 638 An officer of a corporation cannot possess the power to bind the corporation. ANSWER: F PAGE: 638 An agent is authorized to act on behalf of a principal in doing business with third parties. ANSWER: T PAGE: 638 An employee may act in the capacity of an agent. ANSWER: T PAGE: 638
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configuration is most likely incorrect? ip nat pool statement access-list statement ip nat inside is on the wrong interface interface s0/0/2 should be a private IP address Refer to the exhibit. What is the purpose of the command marked with an arrow shown in the partial configuration output of a Cisco broadband router? defines which addresses can be translated defines which addresses are allowed into the router defines which addresses are assigned to a NAT pool defines which addresses are allowed
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complete each statement or to respond to a question. 1. The National Achievement Test (NAT) is primarily aimed as an/a _____ Test. a. acceleration b. accreditation of prior learning c. placement d. terminal assessment 2. Which of the NAT levels is used as an exit assessment tool? a. NAT Grade 3 b. NAT Grade 6 c. NAT Year 4 3. Of the three NAT levels‚ why is it that only Grade 6 examinees are issued with Certificate of Rating (COR)?
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ANS: A PTS: 1 DIF: Easy OBJ: 9-1 NAT: AACSB: Reflective Thinking LOC: AICPA Functional Competencies: Decision Modeling 2. With respect to fixed costs‚ CVP analysis assumes total fixed costs a. | per unit remain constant as volume changes. | b. | remain constant from one period to the next. | c. | vary directly with volume. | d. | remain constant across changes in volume. | ANS: D PTS: 1 DIF: Easy OBJ: 9-2 NAT: AACSB: Reflective Thinking LOC:
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the children to sleep‚ Nat decided to try the wireless one more time to see if there might be any broadcast. "What are you doing?" Nat’s wife asked Nat‚ "I’m checking the wireless one last time for any broadcast" All to be heard from the small speaker was a scratchy irritating noise‚ "Nothing." After the children fell asleep‚ Nat and his wife were discussing what they were going to do‚ when suddenly the noise of the birds stopped. Realizing that the tide had risen‚ Nat got his shoes on and prepared
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ACG 4341 - Review Sheet - Spring 2012 Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Which of the following defines variable cost behavior? Total cost reactionto increase in activity|Cost per unit reactionto increase in activity| a.|remains constant remains constant| b.|remains constant increases| c.|increases increases| d.|increases
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Macro Fall 2009 Test 1 Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Sophia is planning her activities for a hot summer day. She would like to go to the local swimming pool and see the latest blockbuster movie‚ but because she can only get tickets to the movie for the same time that the pool is open she can only choose one activity. This illustrates the basic principle that a. people respond to incentives. b. rational people think
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ANS: E PTS: 1 DIF: Easy NAT: AICPA Measurement | AACSB Analytic 2. ANS: G PTS: 1 DIF: Easy NAT: AICPA Measurement | AACSB Analytic 3. ANS: I PTS: 1 DIF: Easy NAT: AICPA Measurement | AACSB Analytic 4. ANS: F PTS: 1 DIF: Easy NAT: AICPA Measurement | AACSB Analytic 5. ANS: H PTS: 1 DIF: Easy NAT: AICPA Measurement | AACSB Analytic 6. ANS: D PTS: 1 DIF: Easy NAT: AICPA Measurement | AACSB Analytic 7. ANS: A PTS: 1 DIF: Easy NAT: AICPA Measurement | AACSB
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beneficial to assign indirect costs to cost objects. ANS: T PTS: 1 DIF: Difficulty: Easy OBJ: LO: 2-1 NAT: BUSPROG: Analytic STA: AICPA: FN-Measurement | IMA: Business Economics | ACBSP: APC-27-Managerial Accounting Features/Costs KEY: Bloom’s: Knowledge NOT: 1 min. 2. Price must be greater than cost in order for the firm to generate revenue. ANS: F PTS: 1 DIF: Difficulty: Easy OBJ: LO: 2-1 NAT: BUSPROG: Analytic STA: AICPA: BB-Industry | IMA: Business Economics | ACBSP: APC-09-Financial Statements
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distributors‚ and licensing/franchising. ANS: F PTS: 1 DIF: Easy REF: p. 389 OBJ: 12.1 NAT: AACSB: Tier 1 Analytic; Tier 2 Creation of Value 2. A joint venture (JV) is a form of equity-based alliance. ANS: T PTS: 1 DIF: Moderate REF: p. 389 OBJ: 12.1 NAT: AACSB: Tier 1 Reflective Thinking; Tier 2 Strategy 3. A licensing is a form of equity-based alliance. ANS: F PTS: 1 DIF: Moderate REF: p. 389 OBJ: 12.1 NAT: AACSB: Tier 1 Reflective Thinking; Tier 2 Strategy 4. Strategic investments
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