This is 25 questions about chapters 14, 15, and 16. I have 20 of them correct, and only 5 were wrong. I hope you can help me and find the 5 mistakes and fix them properly.
Question 1
A budgeting approach in which every expense in every budget must be justified is referred to as ____ budgeting.
zero-base
financial-based
traditional
TQM
efficient market
Question 2
A computer system that provides managers and employers with the information they need to perform their jobs as effectively as possible is a(n)
decision-support system (DSS).
expert system.
GAAP.
database.
management information system (MIS).
Question 3
A specific date on which an organization is to repay money borrowed
payback date.
term loan agreement.
maturity date.
Initial Public offering (IPO)
net income.
Question 4
Assets that can be converted quickly into cash or that will be used in one year or less are
intangible assets.
current assets.
owners’ equity.
current liabilities.
revenues assets
Question 5
Beginning inventory + net purchases – ending inventory =
gross sales.
operating expenses.
cost of goods sold.
net profit before taxes.
gross expenses
Question 6
Between December 10, 2019 and December 15, 2019, Bowie State Entrepreneur University started selling its university merchandise to generate income. During that time period it was realized that there was a merchandise that generated more revenue than other merchandize. This merchandize was a source of revenue flowing into the university. What is this source of revenue known as
cash flow
revenue stream
inflow revenue
crowdfunding.
outsourcing
Question 7
Cash, inventory, and equipment are listed as ____ on a firm’s balance sheet.
revenues
expenses
assets
liabilities
owners’ equity
Question 8
Cincinnati Bengals utilizes technology to detect the moods, attitudes, and emotions of its social media fan to determine how they feel after each game. This process of accessing is known as:
outsourcing.
sentiment analysis.
a KPI.
cloud computing.
malware.
Question 9
Dallas Cowboy management wanted to know from their fans what they need to do to get to the playoff, so Jerry Jones outsourced some tasks to their generation Z fan base to get some ideas. What exactly is Jerry Jones doing to get idea from his generation z fan base?
He is outsourcing his generation z fan base
He is crowdfunding his generation z fan base
He is crowdsourcing his generation z fan base
He is cloudsourcing his generation z fan base.
He is reaching out to his generation z fan base
Question 10
Do the balance sheet, income statement, and statement of cash flow contain all the information you might want as a potential leader or stockholder?
no, the three statements are not enough.
yes, the three statements are enough
maybe, the three statements are not enough
the reading of the stock prospectus would assist
No, the three statement are adequate enough
Question 11
How can confidential data and information (such as the wages of individual employees) be kept confidential and yet still be available to managers who need them?
confidential data can be kept confidential by “locking” them with a special code or password. Only those managers who knows the special code or password would have access to those records.
create a two-tier authentication level of security for confidential data
request that managers that need the data ask for it when they need it
Provide access to all the employees to make sure that all employees cconfidential data and information are acceeible
make data and information available to managers when needed
Question 12
In an effort to reduce expenses and improve accessibility, Denver Nuggets are now using a type of computer in which services stored on the Internet are provided to their main office employees on a temporary basis. This innovative and agile approach is known as
data mining.
cloud computing.
a cookie.
crowdsourcing.
malware. Question 13
Joe Flacco LLC is selling jerseys and sporting equipment’s to Robert Griffin III Inc (a sport therapy consulting bontique). The model being used here is
B2B
B2C
C2B
Internet 2B
e-business 2C
Question 14
Lamar Jackson was impressed by Dr. O teaching capabilities that he created a short phrase “#Management101isawesome”. What did Lamar Jackson do here?
He established a social media presence
He created a hashtag to acknowledge Dr. O teaching style
He automatically improves his web presence
He shared information about Dr. O teaching style online
He sorts public input about Dr. O teaching style
Question 15
Money that will be used for one year or less are
promissory note
current assets
short term financing
corporate bond
revenue assets
Question 16
Revenues – cost of goods sold – expenses =
fixed assets.
owners’ equity.
net sales.
gross profit.
net income before taxes.
Question 17
Revenues – cost of goods sold – expenses =
fixed assets.
owners’ equity.
net sales.
gross profit.
net income before taxes.
Question 18
The most popular and inexpensive form of short-term financing is
factoring.
promissory notes.
commercial paper.
unsecured bank notes.
trade credit.
Question 19
The prime interest rate is the
highest rate charged by a commercial bank.
average rate charged by a commercial bank.
lowest rate charged by a commercial bank.
rate charged by the Federal Reserve Bank for business loans.
rate charged by the SEC for business loans.
Question 20
The use of borrowed funds to increase the return on owners’ equity is
equity capital.
Fed financing.
common stock financing.
financial suicide.
financial leverage.
Question 21
Washington Redskin computer system was infiltrated by a software without the knowledge of their IT personnel. The infiltration disrupted their normal computer activities which impacted the way the play every weekend. This software is known as:
Virus
Denial of Service
Malware
Cloud computing
Inbound marketing
Question 22
When a bank or other financial institution approves a loan before the money is actually needed
letter of credit.
line of credit.
collateral.
revolving credit agreement
trade credit
Question 23
Which of the following ratios measures how effectively a firm is transforming sales into profits?
Return on sales
Return on owners’ equity
Acid-test
Current turnover
Earnings per share
Question 24
Which of the following types of accounts would not be listed on a firm’s balance sheet?
Current liabilities
Current assets
Operating expenses
Fixed assets
Intangible assets
Question 25
Which of the following would be allowed to elect a corporation’s board of directors?
Corporate management
Common stockholders
Corporate bondholders
Long-term lenders
Suppliers
I will provide my answers to you…
0 comments