Exam (elaborations)
ETS- MBA MAJOR FIELD TEST QUESTIONS & ANSWERS
- Course
- Institution
ETS- MBA MAJOR FIELD TEST QUESTIONS & ANSWERS
[Show more]
Content preview
ETS- MBA MAJOR FIELD TEST QUESTIONS &ANSWERS
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 - Answers- D. A large
public utility involved in infrastructure development
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 goods 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 cost unit of $2.00. If presco 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 decrease by $3.00 per unit sold
D. It would decrease by $5.00 per unit sold - Answers- C. It would decrease 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. - Answers- 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 if the following?
A. Management is sending a signal that it expects the economy to expand.
B. Management is sending a signal that the company has good projected 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. - Answers- B. Management is sending a signal that the company has good
projected earnings.
, Wave Inc. is a telecommunications company that wants to become involved in e-
commerce. It has to decide whether to develop a business to business or business to
consumer strategy. As Wave's strategic planner, you have been asked to develop a
business plan for each opportunity and present these to senior management. The
answer to which of the following questions is most important to know before starting
your plan?
A. What are the company's Core Competencies?
B. What is the potential market size?
C. What is the impact on the estimated revenue?
D. Does the company have e-commerce capabilities? - Answers- A. What are the
company's Core Competencies?
After an extensive recruitment process to select well-qualified individuals, a large
percent of a 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 hire was not competitive with that of the rest of the
industry.
D. The new hires lacked the basic skills required to learn the job. - Answers- A. The
training process to prepare the new hires for their assigned tasks was inadequate.
If you were the holder of a call option (having cost you $2) on some stock with an
exercise price of $20, it would be best for you to exercise your option when the market
price is at
A. $18
B. $20
C. $22
D $24 - Answers- D $24
Increased globalization and technological change, particularly in telecommunications,
enable more organizations to adopt which of the following organizational structures?
A. Functional
B. Matrix
C. Network
D Mechanistic - Answers- C. Network
A new local Super Store publicly announced that when more than three people standing
in line at cash registers, additional checkout-lines will be opened. After the
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller GEEKA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now