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Communications Chapter 6 The only factor to consider when deciding if a business
d. I am sorry to hear your sad news; but if I may be of any help, please do not hesitate to contact me. 49. When writing a message to express condolences, you should mention the loss tactfully, recognize the […]
Communications Chapter 6 Which The Following Would Least Effective
1. Most workplace messages are a. sent via text message. b. placed on Post-It notes in the employees’ lounge. c. positive or neutral. d. long and ambiguous. 2. Most workplace messages should be organized a. indirectly. b. chronologically. c. directly. […]
Communications Chapter 5 It often determines whether and when the message is
49. Which of the following statements best describes use of social networks by businesses today? a. All companies are comfortable with using social networking for brainstorming and teamwork. b. Companies struggle with finding the right balance between permitting access to […]
Communications Chapter 5 Jackson is sending an e-mail message about an important upcoming meeting
1. Which of the following statements about communication in today’s workplace is most accurate? a. Despite the increased use of social media networks, companies are reluctant to use social media sites such as Facebook and Twitter to conduct business. b. […]
Communications Chapter 4 Concise messages are easy to read and comprehend
b. Evaluate its effectiveness by soliciting feedback from her receiver. c. Tell her boss that she has successfully completed the proposal. d. Reward herself by purchasing a new business suit. 49. What is the best way to judge the success […]
Communications Chapter 4 Trina Has Just Completed Researching Writing
1. Which statement is most accurate? a. Proofreading involves using only a spell checker. b. Revision should always occur after you have completed writing. c. Business messages must be clear, concise, and readable. d. Revising and proofreading involve the same […]
Communications Chapter 3 The richest communication channel is face-to-face conversation
1. Business reports vary in length, purpose, and delivery format. a. True b. False 2. The first step in preparing a report is locating information to support your ideas. a. True b. False ANSWER: False RATIONALE: The first step in […]
Communications Chapter 3 When you expect the audience to be uninterested
c. show connections with transitional expressions. d. All answer choices can build paragraph coherence. 48. Transitions a. should be avoided in business writing because they add unnecessary length to a message. b. support a paragraph’s main idea. c. connect ideas. […]
Communications Chapter 3 As interns in human resource management, Brad and
1. The second phase of the 3-x-3 writing process begins with a. analyzing the audience. b. composing the message. c. researching the topic. d. organizing the message. 2. Before composing a business document, you should gather information that will answer […]
Communications Chapter 2 Which The Following Openings Most Appropriate
1. Most e-mail messages should be organized using the direct strategy. a. True b. False 2. Although instant messaging and text messaging are popular among today‘s youth, they have not yet emerged as practical communication tools in the workplace. a. […]
Communications Chapter 2 His Opinion Reflects The Importance Analyzing The
d. Jargon should be used only when the audience will understand it. 50. Which of the following is most acceptable for business writing? a. Please think about the new insurance option. b. Caltrek experienced a change in profits during the […]
Communications Chapter 2 effective business communicators know to include
1. Communication is defined as “the transmission of information and meaning from one individual or group to another.” The crucial element of this definition is a. transmission. b. information. c. meaning. d. individual. 2. The communication process begins when the […]
Communications Chapter 1 Only when the receiver understands the meaning intended by the
True / False 1. Highly developed technical or “hard” skills are the most sought-after employment skills demanded by employers. a. True b. False 2. Most people are good listeners. a. True b. False ANSWER: False RATIONALE: Most people are poor […]
Communications Chapter 1 Workers today communicate less than in previous years
49. Megahertz Technology Solutions, Inc., recently suffered a discrimination lawsuit. Advice to improve its workforce diversity is likely to include understanding the value of differences, providing diversity training for employees, building on similarities, and a. hiring a more homogenous work […]
Communications Chapter 1 Pretending differences don’t exist or trying to help others
1. Communication skills a. are not as important as technical skills for career success. b. are not necessary in today’s competitive job market. c. are ranked by recruiters at the top of qualities they most desire in job seekers. d. […]
Accounting Chapter 16 Us Tax Court May Appeal Directly Thea
Chapter 16 1. A tax treaty with a foreign country negotiated by the president is considered a legislative source of tax law. a. True b. False ANSWER: True 2. Title 26 of the United States Code is commonly referred to […]
Accounting Chapter 15 Statements And Are Correct Statements And
Chapter 15 61. On January 22, 2013, Dalton Corporation granted Kathleen an option to acquire 1,500 shares of the company’s stock for $7 per share. The fair market price of the stock on the date of grant was $13. The […]
Accounting Chapter 15 The plan must be for the exclusive benefit of the employees
Chapter 15 1. Tim has a 25% interest in Hill and Associates, a partnership. Tim is eligible for coverage as an employee under the firm’s qualified pension plan. a. True b. False ANSWER: False 2. The employee’s contribution to a […]
Accounting Chapter 14 At the close of the current year, Mariana’s basis in
Chapter 14 include the amount it realized on the sale of a building for $330,000. The building was purchased in 2004 for $250,000 and $20,000 in straight-line depreciation had been taken on the building up to the date of its […]
Accounting Chapter 14 Statements And Iii Are Correct Only Statement
Chapter 14 1. A sole proprietor may deduct investment interest and investment expense without limitations if investments are made in the name of the business. a. True b. False ANSWER: False 2. If a sole proprietorship has a net operating […]
Accounting Chapter 13 Miconsincome Sarah Not Taxed The 25000 Dividends
Chapter 13 II. Based on the wherewithal-to-pay concept, each owner is taxed on the cash they contributed to the corporation. III. Sergio will recognize a $70,000 gain and Chris will recognize a $20,000 gain. IV. No gain or loss is […]
Accounting Chapter 13 Fitness Design Corporation Corporation She Also Its
Chapter 13 1. Continuity of life refers to whether an entity continues to operate or technically dissolves and ceases to exist in its present form when a change occurs in the ownership structure. a. True b. False ANSWER: True 2. […]
Accounting Chapter 12 Marks Adjusted Basis Inhis Equipment 16000 The
Chapter 12 c. $3,828 Section 1245 ordinary income. d. $6,000 Section 1245 ordinary income e. $9,828 section 1245 ordinary income and $6,000 Section 1231 loss. ANSWER: c 66. Which of the following statements is/are correct? I. The carryover-holding period only […]
Accounting Chapter 12 Partnership Interest Convertible Debentures Mortgage Notes Rental
Chapter 12 1. Classification of a nonrecognition transaction as a continuation of an investment requires a qualified replacement asset. a. True b. False ANSWER: True 2. The basis of replacement property in a nonrecognition transaction is the adjusted basis of […]
Accounting Chapter 11 The Building Was Purchased
Chapter 11 No net Section 1231 losses have been deducted as ordinary losses in prior years. How much of the 2015 Section 1231 gains and losses are recognized as long-term capital gains? a. $- 0 – b. $1,000 c. $3,000 […]
Accounting Chapter 11 Powered Cognero page 9 Dwight Single Taxpayer
Chapter 11 1. The amount realized equals the gross selling price less any selling expenses. a. True b. False ANSWER: True 2. A buyer’s assumption of the seller’s debt increases the gross sales price and any debt of the buyer […]
Accounting Chapter 10 And Are Correct answer D94 The
Chapter 10 Computers Feb 6 5 years $60,000 Office furniture June 24 7 years $110,000 Fax machine Aug 3 5 years $100,000 Sidewalk Dec 11 15 years $50,000 Boatright wants to obtain the maximum possible first year depreciation deduction for […]
Accounting Chapter 10 Only Statement Iii Correct Statements And Iii
Chapter 10 1. The earlier the depreciation deduction can be taken, the greater the present value of the tax savings will be to the taxpayer. a. True b. False ANSWER: True 2. While Congress has enacted several different depreciation methods, […]
Accounting Chapter 9 Corporation Acquires Asset For 8000 Its First
Chapter 9 58. Sonya inherits 1,000 shares of Big Red Airline Corporation stock from the estate of her Uncle Tony. Tony died on August 4, 2015. The stock’s value on August 4, 2015, is $2,000. Tony purchased the stock for […]
Accounting Chapter 9 Harolds Basis The Building Isa 17000b 34000c
Chapter 9 1. Intangible property lacks a physical existence; the rights exist only because of economic rights the property possesses. a. True b. False ANSWER: True 2. Personal property consists of any property that is held by an individual. a. […]
Accounting Chapter 8 Chad Pays 2000 Interest 20000 Debt Incurred
Chapter 8 Legitimate business entertainment of clients $8,000 Hotels accommodations while on business travel $3,000 Meals while away from home on business travel $2,000 Subscription fees for publications directly related to his employment $1,000 Cost of professional wardrobe $7,000 What […]
Accounting Chapter 8 Cogneropage 9 Bruce 65 Supports His
Chapter 8 1. To recognize such basic personal living costs as food and clothing, each individual taxpayer is allowed a personal exemption of $3,950 in 2014. a. True b. False ANSWER: True 2. To qualify as a qualifying child, an […]
Accounting Chapter 7 The individual Taxpayer Has Taxable Income
Chapter 7 ANSWER: a 74. Which of the following is true concerning capital losses and net operating losses for corporations: Capital loss Net operating loss a. Carried back 5 years Carried back 2 years b. Carried back 5 years Carried […]
Accounting Chapter 7 Salvadors Sells The Passive Activity For 56000
Chapter 7 1. An operating loss occurs when an entity’s deductions exceeds the income generated for the period. a. True b. False ANSWER: True 2. A transaction loss occurs when an asset is disposed of at less than its basis. […]
Accounting Chapter 6 The Cost The Reception 2000 Randolph Did
Chapter 6 b. Only statement II is correct. c. Both statements are correct. d. Neither statement is correct. ANSWER: c 89. Joline works as a sales manager for the Washington Manufacturing Company. Although the company has an accountable reimbursement plan, […]
Accounting Chapter 6 Saul Rents From Him Saul Advances The
Chapter 6 1. To be deductible, meals and entertainment must be both an ordinary and necessary business expense and must be either directly related to or associated with the active conduct of an activity for which the taxpayer has a […]
Accounting Chapter 5 The Trading Thesecurities Generates Most Her Annual
Chapter 5 What is James’ income or loss from the rental property? a. $- 0 – b. $1,000 loss c. $1,250 loss d. $1,000 income e. $1,200 income ANSWER: c 89. Girardo owns a condominium in Key West. During the […]
Accounting Chapter 5 Only Statement Correctb Only Statement Correctc Both
Chapter 5 1. In order for a taxpayer to reduce taxable income with a deduction, the tax law must allow it, and it must meet all statutory requirements. a. True b. False ANSWER: True 2. In order to take a […]
Accounting Chapter 4 The Value Ofthe Bonds Excludable Gift The
Chapter 4 89. Items that are excluded from gross income include all of the following with the exception of: a. gifts. b. inheritances. c. life insurance proceeds. d. municipal bond interest. e. U.S. Treasury Bills interest. ANSWER: e 90. Norma […]
Accounting Chapter 4 Harold Have From The Purchase Ofthe Life
Chapter 4 1. Gifts received are not subject to income taxation; however the donor is subject to the gift tax rules on the making of a gift. a. True b. False ANSWER: True 2. Any income earned subsequent to the […]
Accounting Chapter 3 Due The complexity Tracking These Small Amounts Income
Chapter 3 throw it away. However, she noticed what appeared to be another painting behind the one she bought. Curious, she took the painting to a friend who is a local art expert. The friend thought the second painting was […]
Accounting Chapter 3 Determine The Amount Income That Must
Chapter 3 statements about the tax effect of the sale is/are correct? I. If Elizabeth is an art dealer and she sold the painting to Jonathan because she needed cash quickly, Jonathan does not recognize any income from the sale. […]
Accounting Chapter 3 Ceo Camps Cooking Crockery Manu Owns 60of
Chapter 3 1. Connie was walking her dog when she came across a paper bag with $20,000 in it. She turned the money into the police. After the appropriate period of time, no one claimed the money and the police […]
Accounting Chapter 2 Determine Whether The Taxpayer Has Realized
Chapter 2 arrangement for tax purposes? a. Assignment of Income Doctrine. b. Claim of Right Doctrine. c. All-inclusive Income Concept. d. Ability-to-pay Concept. e. Constructive Receipt Doctrine. ANSWER: d 86. Alexis, a cash basis contractor, builds a storage building for […]
Accounting Chapter 2 Under The Tax Benefit Rule She Has
Chapter 2 1. Under the pay-as–you–go concept, the tax base used to compute the taxpayer’s income tax liability is a net income number. a. True b. False ANSWER: False 2. The administrative convenience concept explains why some items are not […]
Accounting Chapter 1 Raquel Tells You That She Quot Will
Chapter 1 ANSWER: b 79. How long does a taxpayer have to file a petition with the U.S. Tax Court after receiving a Statutory Notice of Deficiency? a. 10 days b. 30 days c. 90 days d. 120 days e. […]
Accounting Chapter 1 The Return Selection Program Designed Select
Chapter 1 1. A tax is an enforced contribution used to finance the functions of government. a. True b. False ANSWER: True 2. Adam Smith identified efficient, certainty, convenience, and economy as the four basic requirements for a good tax […]
Management Chapter 16 Because of perceptual limitations such as lack
Name: Class: Date: Chapter 16—Organization Change and Change Management True / False 1. The median age in the United States has gradually increased over the last several decades. a. True b. False ANSWER: True 2. The four areas in which […]
Management Chapter 15 Because Workgroups Develop Their Own Subcultures
Name: Class: Date: Chapter 15—Organizational Culture True / False 1. The values that make up an organization’s culture are often taken for granted. a. True b. False ANSWER: True 2. Myths may be part of an organization’s culture. a. True […]
Management Chapter 14 When Organizational Restructuring Results Fewer Employees Which
Name: Class: Date: Chapter 14—Organizational Structure and Design c. network organization d. matrix e. bureaucracy ANSWER: a 67. A _________ is a collection of autonomous units or firms that act as a single larger entity, using social mechanisms for coordination […]