ETS Major Field Test Exam Questions and Answers 100% Pass | Graded A+
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Course
ETS
Institution
ETS
ETS Major Field Test Exam Questions
and Answers 100% Pass | Graded A+
Which of the following organizations is most likely to use project financing?
(A) A small start-up
(B) A financial services firm with an extensive
client list
(C) A large consumer goods company
(D) A large public utility i...
Which of the following organizations is most likely to use project financing?
(A) A small start-up
(B) A financial services firm with an extensive
client list
(C) A large consumer goods company
(D) A large public utility involved in infrastructure development - ✔✔(D) A
large public utility involved in infrastructure development
After an extensive recruitment process to select well-qualified individuals, a
large percent ofa company's new hires resigned within the first month of
the job. Which of the following is the most likely explanation for this
situation?
(A) The training process to prepare the new hires for their assigned tasks
was inadequate.
(B) The health benefits provided by the company were not competitive with
those of the rest of the industry.
,(C) The starting salary for the new hires was not competitive with that of the
rest of the industry.
(D) The new hires lacked the basic skills required to learn the job. - ✔✔(A)
The training process to prepare the new hires for their assigned tasks was
inadequate
Prosco Ltd. employs a process cost system. Inspection of units occurs at
the 50 percent mark. Defective units are then removed from the process,
and their cost ($4.50) is absorbed by the good units. Prosco has recently
been approached by a firm wishing to buy the defective units for a special
use. The firm would require Prosco to modify the defective units at a unit
cost of $2.00. If Prosco sells the defective units to the firm for $5.00 each,
how would Prosco's reported income be affected?
(A) It would decrease by $4.50 per unit sold.
(B) It would decrease by $1.50 per unit sold.
(C) It would increase by $3.00 per unit sold. term-40
(D) It would increase by $5.00 per unit sold. - ✔✔(C) It would increase by
$3.00 per unit sold.
Some companies have little, if any, net income or earnings, yet they seem
to have all the money they need for capital expenditures. Which of the
following best explains how such companies operate?
, (A) They have good cash flows.(B) They lease capital equipment that does
not
show up on balance sheets.
(C) They have accounts with many different
banks.
(D) They issue warrants to their officers. - ✔✔(A) They have good cash
flows
The Sintar Corporation has just announced that it will pay $1.10 per share
in dividends to its stockholders in the current quarter. The prior quarter's
dividend was $1.00 per share. The announcement indicates which of the
following?
(A) Management is sending a signal that it expects the economy to expand.
(B) Management is sending a signal that the comterm-40pany has good
projected future earnings.
(C) While the company was able to pay a higher dividend, management
preferred a more conservative figure.
(D) The company has overextended its cash position and may have
liquidity problems in the future. - ✔✔(B) Management is sending a signal
that the comterm-40pany has good projected future earnings.
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