CHAPTER 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment ANSWERS to Review Questions 1-1 The explosion in e-commerce will affect managerial accounting in significant ways. One effect will be a drastic reduction in paper work. Millions of transactions between businesses will be conducted electronically with no hard-copy documentation. Along with this method of communicating for business transactions comes the very significant issue of information security. Businesses
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military C) The same as the web D) a large network of networks Answer: D Section Ref: The Internet and How It Works 2) The concept of the Internet was developed in response to the ________ War. A) Korean B) Vietnam C) Cold D) Gulf Answer: C Section Ref: The Origin of the Internet 3) The World Wide Web was based on a protocol developed by ________. A) Microsoft B) Apple C) Tim Berners-Lee D) the U.S. government Answer: C Section Ref: The Origin of the Internet 4) The "fathers"
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is characterized by not questioning and high commitment is:Answer | | | | | Selected Answer: | A. moratorium. | Correct Answer: | C. foreclosure. | | | | | * Question 2 2 out of 2 points | | | Identify the accurate statement about adolescent friendships.Answer | | | | | Selected Answer: | A. They are vital for the transition from childhood to adulthood. | Correct Answer: | A. They are vital for the transition from childhood to adulthood. | | | | | * Question
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Correct answer: Give the child a lot of room to your side‚ which may mean moving closer to the oncoming vehicles. Your answer: Enter into the bicycle lane in order to avoid being in between the oncoming cars and the child. 4. In order to avoid hazards on the road‚ it is advised to take in the whole scene around you and look at least _______ seconds down the road. This is about a one block when driving in the city and a quarter of a mile on the highway. Correct answer: 12 to 15 Your answer: 5 to
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Questions 1. Why would a large and complex company like Boeing employ off-the-shelf application-specific software for accounting‚ human resources‚ supply chain management and other core business processes? And why do they choose to own‚ host and operate all of their own software rather than to for example outsource payroll to ADP Corporation or sales force management to Salesforce.com? a. Boeing probably uses off-the shelf application specific software for their core business processes
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Vienna B) Rome C) Paris D) Florence Points Earned: 4.0/4.0 Correct Answer(s): D 2. This artist is celebrated as the designer of the doors of the Florence Baptistery. A) Leonardo B) Michelangelo C) Ghiberti D) Donatello Points Earned: 4.0/4.0 Correct Answer(s): C 3. Brunelleschi’s contribution to Florence Cathedral was its famous: A) dome. B) nave. C) apse. D) crypt. Points Earned: 4.0/4.0 Correct Answer(s): A 4. This Flemish artist painted the portrait of Giovanni
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allowed to deduct the $40‚000 loss this year if he is a material participant in the business Correct Answer: False Judy owns a 20% interest in a partnership in which her at-risk amount was $35‚000 at the beginning of the year. The partnership borrowed $50‚000 on a recourse note and made a $40‚000 profit during the year. Her at-risk amount at the end of the year is $53‚000 Correct Answer: True Kelly‚ who earns a yearly salary of $120‚000‚ sold an activity with a suspended passive
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HYPOTHESIS TESTING MULTIPLE CHOICE QUESTIONS In the following multiple-choice questions‚ please circle the correct answer. 1. If a researcher takes a large enough sample‚ he/she will almost always obtain: a. virtually significant results b. practically significant results c. consequentially significant results d. statistically significant results ANSWER: d 2. The null and alternative hypotheses divide all possibilities into: a. two sets that overlap b
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* Question 1 0 out of 2.5 points | | | The least effective way to determine random numbers is toAnswer | | | | | Selected Answer: | use the "pseudo random numbers" produced by the special equations in computers. | | | | | * Question 2 0 out of 2.5 points | | | The items below are based on the following scenario. In a third world country‚ 100 randomly selected people were surveyed about their socioeconomic class and religious affiliation. The results and an
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0 out of 1 points When writing for a multicultural audience‚ you are more likely to be understood if you use short sentences and short paragraphs and if you include Answer Selected Answer: c. slang‚ such as This product really rocks! Correct Answer: b. action-specific verbs‚ such as e-mail me if you have any questions rather than contact me if you have any questions. Response Feedback: A multicultural audience is less likely to understand American slang‚ idioms‚ or acronyms
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