MGT 8803 TESTS COMPILATION BUNDLE $30.45 Add To Cart
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A business owned by a single owner correct answer: proprietorship A business owned by more than one owner correct answer: partnership In ___ & ___,... [Show More]
The management process correct answer: planning, organizing, leading, controlling planning correct answer: setting performance objectives and deciding... [Show More]
Shareholders only receive money after what is done? correct answer: suppliers have been paid wages to workers have been paid. interest to bondholder... [Show More]
responsive supply chains correct answer: Speed Focused. Innovative Products Efficient Supply Chain correct answer: Cost Focused Good for Functio... [Show More]
Proprietorship correct answer: Single Owner; unlimited liability & no taxation Partnership correct answer: More than one owner; unlimited liability & ... [Show More]
Promotion Types correct answer: 1. personal selling 2. mass selling 3. sales promotion Marketing Mix Levers correct answer: 4 P's - product, place, ... [Show More]
Unit of measurement 3. Going concern 4. Periodicity 5. Materiality What does materiality mean? correct answer: The only information that needs to be... [Show More]
Why are financial ratios used? correct answer: Used to enable financial statement users to examine how a firm has performed relative to its peers and rela... [Show More]
3 factors that effect planning of organization correct answer: 1) organization level (more heirarchy better with more stability) 2) degree of uncertainty... [Show More]
Forms of Businesses: Proprietorship & Partnership • ____________liability • No ____________ (on the business; the owner, however days pay taxes) ... [Show More]
Which one of the following is reported on the Balance Sheet at current market value? a) Accounts Receivable b) Buildings c) Treasury Stock d) Land ... [Show More]
Balance Sheet correct answer: A financial statement that reports assets, liabilities, and owner's equity on a specific date. Income Statement correct a... [Show More]
Ending Retained Earnings correct answer: beginning retained earnings + net income - dividends Statement of Stockholders' Equity correct answer: Beginn... [Show More]
What is planning? correct answer: Identifying goals and strategies to get to those goals. What was the focus of classical management? correct answer: ... [Show More]
A balance sheet shows: a. Dividends distributed to stockholders b. Operating expenses for the period c. Earnings per share for the period d. Claims ow... [Show More]
Marketing Strategy correct answer: Finding opportunities and developing profitable strategies to capitalize on those opportunities: Specifies a target ... [Show More]
Marketing correct answer: the creation and satisfaction of demand for a product or service Strategy correct answer: a set of ideas that outline how a ... [Show More]
What two things does financial accounting consist of correct answer: measuring and reporting What forms of businesses do we measure and report for? cor... [Show More]
What are the three forms of business? correct answer: Proprietorship, partnership, and corporations A proprietorship/partnership has limited liability?... [Show More]
Shareholders correct answer: owners of a corporation; residual claimants Primary Financial Goal of Public Corporation correct answer: To create econom... [Show More]
What are the (5) assumptions of financial accounting? correct answer: 1. Separate entity 2. Unit of measurement 3. Going concern 4. Periodicity 5. Mat... [Show More]
Cash correct answer: Current Asset Interest Expense correct answer: Expense Sales Returns correct answer: Contra-Revenue Wages Payable correct ... [Show More]
Long-term decisions correct answer: Strategic Medium-term decisions correct answer: Tactical Short-term decisions correct answer: Operational C... [Show More]
Which of the following groups is commonly thought of as a stakeholder in the financial reporting process? a) Investors b) Banks c) Labor Unions d) Cust... [Show More]
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