ETS MFT BUSINESS NEWEST 2024-2025 COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRA
ED A+
Study online at https://quizlet.com/_fpdugc
The principal difference between vari-
able costing and absorption costing cen-
ters on:
a) whether variable manufacturing costs
should be included as product costs
b) whether fixed manufacturing costs B
should be included as product costs
c) whether fixed manufacturing costs
and fixed selling and administrative costs
should be included as product costs
d) none of these.
General Bikes is debating which market-
ing research options to employ. The tra-
ditional person-to-person methods have
been effective; however, the new director
of market research is campaigning for
online-based research. What argument
for this method might he/she use?
a) Consumers are more relaxed at home
in front of their computers, therefore it is
more likely the responses will be truthful
C
b) Online research has been standard-
ized for each industry, making it easier to
understand them
c) A well-designed, Internet-based mar-
keting research project can cost less and
yield information faster than offline re-
search
d) Person-to-person methods most often
, ETS MFT BUSINESS NEWEST 2024-2025 COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRA
ED A+
Study online at https://quizlet.com/_fpdugc
incorporate researcher bias into the sur-
veys and observations
Which of the following is an appropriate
Federal Reserve action to stimulate the
United States economy?
a) Selling government bonds on the
open market
C
b) Increasing the discount rate
c) Reducing the reserve requirement
d) Cutting taxes
A small number of people with comple-
mentary skills who are committed to a
common purpose, a set of performance
goals, and an approach for which they
hold themselves mutually accountable is
referred to as a
D
a) committee
b) task force
c) group
d) team
A company is considering producing a
product for a new market. The fixed costs
required for manufacturing and deliver-
ing the product is $50,000. Labor and
material costs are estimated to be ap- B
proximately $25.00 per product. If the
product is sold for $35.00 each, the firm's
break-even volume would be:
, ETS MFT BUSINESS NEWEST 2024-2025 COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRA
ED A+
Study online at https://quizlet.com/_fpdugc
a) 50,000 units
b) 5,000 units
c) 2500 units
d) 500 units
A problem associated with equity theory
is that:
a) it focuses on providing incentives for
the long run when most workers are
mainly concerned with incentives that
apply to their current situation
b) managers have a hard time applying
it to real-world situations because of its
C
abstract nature
c) worker motivation is based on per-
ceptions of fairness, and the perceptions
workers have about their contributions
are not always accurate
d) it is concerned with the nature of the
job itself rather than with what motivates
the workers who perform the job
All of the financial statements are for a
period of time except the
a) Income statement
C
b) Owner's equity statement
c) Balance sheet
d) Statement of cash flows
, ETS MFT BUSINESS NEWEST 2024-2025 COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRA
ED A+
Study online at https://quizlet.com/_fpdugc
By assembling computers only after cus-
tomers have paid them for, resulting in
a lower finished goods inventory, Dell
Computer Co. achieved:
a) Increased quality
B
b) A competitive advantage
c) Increased responsiveness
d) Increased innovation
e) None of the above
The Bill of Rights refers to:
a) the inalienable rights found at the be-
ginning of the Constitution
b) the first ten amendments to the Con-
stitution
B
c) a specific listing of individual rights
found in the original text of the Constitu-
tion.
d) a grouping of individual rights set forth
by the United States Supreme Court
shortly after the Constitution was ratified
by the states
Fiedler proposes that all of the follow-
ing determine whether a task- or rela-
tionship-oriented style is more effective
except: A
a) Situational favorableness
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