Week Three: 1. Why should you never designate minor children as your primary beneficiary‚ but instead put assets intended for them into a trust? a. Because they cannot be trusted to manage their own money b. Because their guardians will likely mismanage the funds c. Because minors cannot legally inherit money d. Because the money will be held in probate court for over a year 2. Having a durable power of attorney for health care (PoA) in place is a good idea in the event that a. your physician
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Knowledge Check Week 2Results Concepts Marginal Revenue‚ Marginal Cost‚ and Production Marginal Productivity Mastery 100% Questions Score: 12/14 1 2 3 7 100% 4 5 6 9 11 Average Total Cost 0% 8 10 Fixed and Variable Costs 100% 12 13 14 Concept: Marginal Revenue‚ Marginal Cost‚ and Production Concepts Marginal Revenue‚ Marginal Cost‚ and Production Mastery 100% Questions 1 2 3 7 1.Purely competitive firms increase total
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project. Student Answer: project management group project team IS steering committee corporate strategic planning committee Instructor Explanation: p. 532 Points Received: 1 of 1 Comments: 4. Question : Which process develops a detailed description of the functions that a new information system must perform? Student Answer: Feasibility study Requirements analysis Systems design Test plan development
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payroll function would best be classified as Student Answer: application software. system software. design software. analysis software. a decision support system. Instructor Explanation: Chapter 1‚ page 4 Points Received: 3 of 3 Comments: Question 2. Question : (TCO 1) Which of the following is NOT a function of decomposition? Student Answer: Permit different parts of the system to be built at the same time by the same
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coverage 3 What function does a company’s public relations department perform when it promotes understanding of the organization through internal and external communications? Corporate communications Press relations Product publicity Counseling 4 An insider trading crisis for an organization is what type of public relations crisis? Intentional event Act of nature Unintentional event Act of upheaval 5 Which of the following statements correctly reflects a characteristic of public relations
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Quiz 2 Chapters 4 & 5__TEAM A week 5________________________ 1) Use the standard normal distribution to find P(-2.25 < z < 1.25). A) .0122 B) .8821 C) .8944 D) .4878 P(-2.25 < z < 1.25) = F(1.25) - (1 - F(2.25)) = 0.89435 - (1 - 0.987776) = 0.882126 2) Before a new phone system was installed‚ the amount a company spent on personal calls followed a normal distribution with an average of $ 900 per month and a standard deviation of $50 per month. Refer to such expenses as PCE’s (personal call
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Received: 4 of 4 Comments: 2. Question : (TCO 1) Which of the following is not a part of the societal product classification of strategic norms? Student Answer: Elimination of deficient products Incorporation of pleasing qualities into salutary products Incorporation of salutary qualities into pleasing products CORRECT Elimination of salutary qualities into pleasing products Instructor Explanation: Belz & Peattie: Chapter 2‚ page 27. Points Received: 4 of 4 Comments:
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1. Question : (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? Student Answer: When there is an increase in the price of labor for making bicycles the supply would decrease because it would cost more to make the bikes and the supply curve would shift to the left. There would be no change in the demand for the bicycles. Instructor Explanation: Since a change in costs to produce the
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http://accounting4management.com/direct_labor_rate_variance.htm#pqUTOT7ClOOtMr4F.99 (b) Direct labor hours (c) Machine hours 3. (TCO 1) List and briefly describe four of the five differences between managerial accounting and financial accounting 4. (TCO 2)The following information is available for Sappy’s Surgical Shears for the fiscal year ending December 31‚ 20XX. Beginning balance in Finished Goods $ 17‚000 Ending balance in Finished Goods 15‚200 Beginning
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Correct B.False Answer Key: B Question 3 of 10 10.0 Points Which of the following is not a required element for a valid contract in the United States A.offer B.acceptance Correct C.price D.consideration Answer Key: C Question 4 of 10 10.0 Points The Statute of Frauds: A.requires parties to attest that they are honest B.mandates that parties must have legal capacity to enter a contract C.turns a contract into a criminal case if fraud is present Correct D.requires
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