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25 Cards in this Set
- Front
- Back
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In marketing research, a firm might consider using secondary data over primary data because |
secondary data usually costs less |
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In organizational decision making managers are able to exercise the greatest degree of discretion in the |
enforcement of internal policies |
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The term "net working capital" refers to |
current assets less short term liabilities |
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Sells old softy model for $20 one pillow requires 2 lbs of raw material and one hour of direct labor Raw material= $3/pound Direct production labor= $4/hour Fixed Costs= $2000/month Lease=$4000/month How many pillows must dreamland produce and sell each month to earn monthly gross profit of $1000? |
700 |
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Sell $12/each how many must it sell to get profit of $1000? |
625 |
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Which about the tort of negligence is true? |
it requires proof of breach of a statutory or common law duty |
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What about systems flow charts is true? |
it documents the sequence of processing steps that take place in an information system |
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Cash balance in ledger= $5123 in bank= $4905 Deposit $300 $3 service charge shows -$40 Outstanding checks $10,$15, and $100 What is correct balance? |
5080 |
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within the context of capital asset pricing model, the risk measure known as beta is often computed by regressing the return on the company's stock against the |
return on the markets portfolio |
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150 jobs 3 critical paths the completion time should be reduced one day for |
either j or k |
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Reduce production by 10 percent and the growth rate of the world economy begins to escalate. how will these occurrences affect equilibrium price and quantity in the world market? |
price will increase but quantity is indeterminate |
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which one of the following would most likely occur as a result of the US govt imposing tariffs on foreign steel imports? |
employment in the US steel industry would increase |
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unemployment rate is 10 percent and inflation is 1 percent. an appropriate fiscal policy in this phase of the business cycle would be to |
increase govt spending |
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Which of the following is an appropriate federal reserve action to stimulate the US economy? |
Reducing the reserve requirement |
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If the spread between the spot and forward exchange rates of two currencies equals the interest rate difference between the two countries, this phenomena is referred to as |
interest rate parity |
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a firm would like to know whether it has enough cash to meet its bills would be most likely to use which category of financial ratio? |
Liquidity |
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in period of rising prices, which inventory valuation method would generally yield both the lowest ending inventory and the lowest net income value? |
last in first out (LIFO) |
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in the statement of cash flows the section for cash flows from operating activities will include which of the following? |
a decrease in accounts payable |
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net income=100000 depreciation expense= 10000 net increase accts receivable= 5000 net increase in accts payable= 3000 net cash flow is what? |
108,000 |
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all are true regarding seller rights to reduce legal liability in sale of non consumer good except |
the seller can disclaim all implied warranties by simply stating that there is no implied warranties. |
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Fredrick taylor developed what pay principle |
incentive pay |
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an information system that enables all businesses departments in the same firm to share relevant information and data is called? |
an enterprise resource planning system |
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A CPU in a computer contains the |
control unit and arithmetic/ logic unit |
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Web 2.0 is best presented by which phanomena |
social networking sites |
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Family branding refers to group of |
different products marketed under a single brand name |
