PEREGRINE EXAM 4 TEST BANK LATEST WITH UPDATED QUESTIONS AND ANSWERS (GRADED A+)
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Course
PEREGRINE
Institution
PEREGRINE
PEREGRINE EXAM 4 TEST BANK LATEST WITH
UPDATED QUESTIONS AND ANSWERS (GRADED A+)
The Federal Highway Administration uses notice-and-comment
rulemaking. this process begins with - ANSWER-the publication of
a notice of proposed rulemaking
one way human resource planning links to strategic ...
The Federal Highway Administration uses notice-and-comment
rulemaking. this process begins with - ANSWER-the publication of
a notice of proposed rulemaking
one way human resource planning links to strategic planning is by
providing a set of inputs into the ______ - ANSWER-strategy
formulation process
which of the following is not one of W. Edwards Deming's 14
points? - ANSWER-the only performance standard is zero defects
operating statement is another name for the ______ - ANSWER-
Income Statement
Purchases, returns and allowances, and purchase discounts are
classified as _______ on the income statement - ANSWER-
contra-cost accounts
,2|Page
law of supply - ANSWER-states that the quantity of a good
supplied (I.E. the amount owners or producers offer for sale) rises
as the market price rises, and falls as the price falls
population sampling - ANSWER-the process of taking a subset of
subjects that is representative of the entire population. the sample
must have sufficient size to warrant statistical analysis
what is principles of accounting - ANSWER-the broad underlying
concepts which guide accountants when preparing financial
statements
what is equity? - ANSWER-it indicates an ownership interest in a
business
what is meant by reconciling an account? - ANSWER-it is likely to
mean proving or documenting that an account balance is correct
implicit cost - ANSWER-any cost that has already occurred but
not necessarily shown or reported as a separate expense
,3|Page
explicit cost - ANSWER-normal business costs that appear in the
general ledger and directly affect a company's profitability
stocks - ANSWER-shares of ownership in a company
bonds - ANSWER-Certificates of debt that carry a promise to buy
back the bonds at a higher price
an increase in ______ will increase owners equity - ANSWER-
client fees
a dividend will reduce ______ - ANSWER-retained earnings
conflicts of interest exist when employees must choose whether
to - ANSWER-advance their own interests, those of the
organization, or those of some other gtoup
TQM is most helpful to firms following the ______ business
strategy - ANSWER-integrated cost-leadership differentiation
, 4|Page
which of the following is not considered an extrinsic motivator in
Herzberg's two-factor theory - ANSWER-work itself
which of the following is not one of the process motivation
theories? - ANSWER-acquired needs theory
the largest component of GDP is ______ - ANSWER-
consumption
in economics, firms are assumed to ______ - ANSWER-maximize
profits
holding everything else equal, total revenue increases when
______ - ANSWER-either price or quantity increase
government tactics that include removing incentives, demanding a
higher share of profits and taxes, and confiscating foreign assets
are known as: - ANSWER-expropriation
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