Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Accounting Basics Expert

Can anyone help with these problems?

11. Nearly a week before Hurricane Katrina reached New Orleans, Wal-Mart began moving trucks and
supplies into position, as specified in the company's ________ plan.
A. contingency
B. operational
C. tactical
D. strategic
12. The country Artesia exported products totaling $86 billion last year. During the year, Artesia imported
products valued at $43 billion. Artesia has a/an
A. exchange rate of 2 to 1.
B. trade surplus of $43 billion.
C. unfavorable balance of payments.
D. trade deficit of $43 billion.
13. Mario is part of a strategic planning team. He has identified that his company is the low-cost producer
in its industry. This should be listed on a SWOT analysis as a/an
A. threat.
B. weaknesses.
C. strength.
D. opportunity.
14. The salesperson's task of identifying potential customers is known as
A. selection.
B. demonstration.
C. follow-up.
D. prospecting.
15. Omar, an electrician for Quality Builders, is paid $35 for each hour he works during the day. After 5
p.m. and on weekends, he is paid the overtime rate of one and one-half times the regular hourly rate. Omar
is paid a
A. wage.
B. bonus.
C. commission.
D. salary.
16. The method of determining the minimum sales volume needed at a certain price level to cover all costs
is
A. market share analysis.
B. equilibrium pricing.
C. breakeven analysis.
D. return on sales.
17. If you seek to determine the value of one nation's currency relative to the currencies of other countries,
you should isolate the nation's
A. exchange rate.
B. governmental surplus.
C. countertrading activity.
D. international current module.
18. In the U.S. economy, ________ are considered the reward for the risk of entering business.
A. liabilities
B. profits
C. sales
D. revenues
19. One way for a country to obtain an absolute advantage in marketing a product outside its borders is to .
A. produce the good at the lowest cost.
B. adopt many trade restrictions.
C. revalue the currency.
D. enter into an orderly marketing agreement.
20. Ida works on creating ways to ensure that customers receive goods at the right time and correct
location. Ida is involved in her firm's ________ strategy.
A. promotion
B. transportation
C. pricing
D. product
21. Which of the following represents the basic accounting equation?
A. Assets = Liabilities + Owners' Equity
B. Liabilities = Assets + Owners' Equity
C. Assets + Liabilities = Owners' Equity
D. Owners' Equity - Liabilities = Assets
22. The rate the Fed charges member banks for short-term loans is called the
A. discount rate.
B. federal funds rate.
C. reserve requirement.
D. margin rate.
23. _______ planning involves choosing specific work targets and assigning employees and teams to carry
out plans.
A. Contingency
B. Strategic
C. Tactical
D. Operational
24. Student A says that if you're going to prepare alternative course of action, you need to do strategic
planning. Student B says that if you're going to prepare alternative courses of action, you need to do
contingency planning. Which student is correct?
A. Student B only
B. Student A only
C. Neither
D. Both
25. The curve that shows the relationship between different prices and the quantity requested at each price
is the ________ curve.
A. demand
B. supply
C. equilibrium
D. buying
26. A company includes an "instant coupon" as part of a product's package, giving the buyer a reduction
off the retail price. What is the company attempting to do?
A. Stabilize sales
B. Accentuate product value
C. Provide information
D. Increase sales
27. Price auctions on eBay are an ex of
A. entertainment.
B. information.
C. communication.
D. e-business.
28. Television is an attractive advertising medium because it
A. offers a rapidly growing network audience.
B. offers mass coverage and flexibility.
C. is relatively inexpensive.
D. provides instant feedback which can be used to measure effectiveness.
29. Joe is developing the marketing mix for his company's new line of power tools. A brand name, price,
and distribution system have been decided. Now Joe is concentrating his efforts on developing the best
advertising plan for the product line. The advertising plan is part of Joe's ________ strategy.
A. production
B. pricing
C. product
D. promotional
30. According to the doctrine of supply, the amount _______ will increase as the _______ increases.
A. demanded; cheapness
B. bought; cost
C. sold; demand
D. supplied; price
31. If you're developing a human resource inventory, you should exclude which of the following?
A. Perpetual inventory
B. Names
End of exam
C. Education
D. Capabilities
32. Team diversity is often established in a ________ team, by bringing together the expertise of members
from various functions in the organization.
A. self-managed
B. problem-solving
C. cross-functional
D. working
33. What is the name for a complex form of bartering in which several countries may be involved, each
trading goods for goods or services for services?
A. Countertopping
B. Exchange activity
C. Currency fluctuations
D. Countertrading

 

 

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M986373

Have any Question?


Related Questions in Accounting Basics

Question - for sunland co beginning capital balances on

Question - For Sunland Co., beginning capital balances on January 1, 2020, are Nancy Payne $18,900 and Ann Dody $24,000. During the year, drawings were Payne $8,700 and Dody $5,200. Net income was $28,700, and the partne ...

Question review the following case studyfasb asc 320

Question: Review the following case study: FASB ASC 320 requires companies to assign their portfolio of investment securities into: • Trading securities. • Securities available for sale. • Held-to-maturity securities. Wr ...

Questions -1 star coach llc is in the business of

Questions - 1. Star Coach, L.L.C., is in the business of converting sport utility vehicles and pickup trucks into custom vehicles. Star Coach performs the labor involved in in- stalling parts supplied by other companies ...

Question - given2018 pretax accounting income 4000002018

Question - Given 2018 Pretax Accounting Income: $400,000 2018 Municipal Bond Interest Income Included in Pretax Accounting Income: $20,000 2018 Warranty Expense of $70,000 for Accounting Purposes 2018 Actual Warranty Cos ...

Question - background info company a parent purchased 100

Question - Background info: Company A (parent) purchased 100% of the shares in Company B (subsidiary). Company B sold inventory on the 1/3/17 to Company A for $98,000. This inventory had cost Company B $69,000. by 30/6/1 ...

Question - tony is in the 32 percent tax rate bracket and

Question - Tony is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: date purchased/shares/basis 07-10-2008/620/$32,240 04-20-2009/520/$30,056 01-29-2010/ ...

Question - the ward county hospital center wchc wants to

Question - The Ward County Hospital Center (WCHC) wants to buy a new mobile primary care van to use in screening residents in an underserved local neighborhood. The van will last five years and costs sixty-eight thousand ...

Question - jozy altidore invested 6000 at 5 annual interest

Question - Jozy Altidore invested $6,000 at 5% annual interest, and left the money invested without withdrawing any of the interest for 12 years. At the end of the 12 years, Jozy withdrew the accumulated amount of money. ...

Question - dave has had a really good idea for a marketing

Question - Dave has had a really good idea for a marketing campaign for the business he works for. Unfortunately, he is been too busy to write down the idea but he tells his boss Mary about it all the same. Mary writes u ...

Question - restricted stockon december 31 2014 ying

Question - Restricted Stock On December 31, 2014, Ying Corporation granted 5,000 shares of its $1 par value common stock to certain of its key employees. The shares are restricted until 2 years of employment is completed ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As