Archives: Quiz
Accounting Chapter 2 3 External transactions are transactions the firm conducts with a separate economic entity, such as selling products to a customer
95. Finnish Motors has the following balance sheet accounts: If the company has total liabilities and stockholders’ equity of $290,000, what is the balance of the company’s Prepaid Rent account? XOAXOA: Analytic XOAXOA: Measurement XOAXOA: Analysis XOAXOA: Hard XOAXOA: 02-06 […]
Marketing Chapter 16 1 Tactical launch decisions are marketing mix decisions such as communication and promotion, distribution, and pricing of a new product
1. Tactical launch decisions are marketing mix decisions such as communication and promotion, distribution, and pricing of a new product. TRUE Tactical launch decisions are marketing mix decisions such as communication and promotion, distribution, and pricing. They are typically made […]
Accounting Chapter 2 2 Which of the following accounts would normally have a debit balance and appear in the balance sheet
46. Which of the accounts are decreased on the debit side and increased on the credit side? XOAXOA: Reflective Thinking XOAXOA: Measurement XOAXOA: Comprehension XOAXOA: Medium XOAXOA: 02-03 Assess whether the impact of external transactions results in a debit or […]
Marketing Chapter 15 2 Which of the following user groups are likely to give more careful consideration, in use testing, than other typical
31. Which of the following is true of a gamma test? A. It works best for firms which want to leapfrog competitors. B. To pass this test, the new item must solve the customer problems completely. C. The test happens […]
Accounting Chapter 2 1 Which step in the process of measuring external transactions involves assessing the equality of total debits and total credits
1. Which of the following is not part of measuring external transactions? XOAXOA: Reflective Thinking XOAXOA: Critical Thinking XOAXOA: Knowledge XOAXOA: Easy XOAXOA: 02-01 Identify the basic steps in measuring external transactions. 2. External events include all of the following […]
Economics Chapter 24 1 To be eligible for Medicaid, children under nineteen must live in a household with family income under
Chapter 24 Government-Provided Health Insurance: Medicaid, Medicare, and the Child Health Insurance Program Multiple Choice 1. Medicaid is A) a private health insurance program for government employees. B) a private health insurance program for the poor. C) a public health […]
Marketing Chapter 15 1 A feature of use testing is that the prototype being tested is evaluated under normal operating conditions.
1. It is enough for firms to follow the “selling concept” in order to stay competitive. FALSE Firms should think beyond “selling concept” to stay competitive. As per the selling concept, “selling concept” (i.e., “we sell what we make”), and […]
Accounting Chapter 1 5 A company reports investing cash flows of -$1,400, financing cash flows of $900, and a change in total cash of $200
XOAXOA: Analytic XOAXOA: Reporting XOAXOA: Analysis XOAXOA: Hard XOAXOA: 01-03 Discuss how financial accounting information is communicated through financial statements. 167. Below is balance sheet information for five independent situations. Calculate the answer to each. 1. A company reports total […]
Marketing Chapter 14 2 Who amongst the following has the role of “pushing” product projects past obstacles or roadblocks
34. To have ownership, _____ helps assure that no one will take ownership without the skills and knowledge required by the task. A. empowerment B. motivation C. training D. commitment It takes three things to have ownership: training, empowerment, and […]
Economics Chapter 23 1 If a health economist is worried that a system of health insurance will break down because those with health insurance will be less likely
Chapter 23 Health Care Multiple Choice 1. The U.S. spends approximately ____ of GDP on health care. A) 1% (1/100th) B) 16% (1/6th) C) 25% (1/4th) D) 33% (1/3rd) Answer: B 2. The government spends ___ of all health care […]
Marketing Chapter 14 1 If product development entails only minor variations to a standard product, higher projectization is the preferred option
1. Lower the projectization, the more the power leans toward the project manager. FALSE Refer to figure 14.1. The higher the projectization, the more the power leans toward the project manager. Projectization is the term used to denote the commitment […]
Accounting Chapter 1 4 Describe the three fundamental business activities that accountants measure. What account classifications are typically associated
156. Account classifications include assets, liabilities, stockholders’ equity, dividends, revenues, and expenses. Indicate the account classification for each account name. 1. Stockholders’ equity; 2. Asset; 3. Liability; 4. Revenue; 5. Expense; 6. Asset; 7. Expense; 8. Asset; 9. Liability; 10. […]
Economics Chapter 22 1 Economists assume that early in the process of cleaning a dirty environment there are relatively
Chapter 22 Natural Resources, the Environment, and Climate Change Multiple Choice 1. The wood in a forest would be considered a A) limited natural resource. B) renewable natural resource. C) sequestered natural resource. D) sustainable natural resource. Answer: B 2. […]
Accounting Chapter 1 3 The primary functions of financial accounting are to measure business activities of a company and to communicate
103. Accounting information is used by creditors to decide whether to invest in a company’s stock. XOAXOA: Reflective Thinking XOAXOA: Critical Thinking XOAXOA: Knowledge XOAXOA: Easy XOAXOA: 01-01 Describe the two primary functions of financial accounting. 104. The primary functions […]
Marketing Chapter 13 2 With reference to the product architecture process, the product is arranged in a variety of configurations through simulations
30. With regard to the process of product architecture, the _____ shows the components and functional elements of the product and how they are interconnected. A. prototype B. product schematic C. geometric layout D. product protocol The product schematic shows […]
Marketing Chapter 13 1 The role of design in market-driven innovation is to modify the product so that it can accommodate the performance characteristics.
1. Excellence in design does not benefit the bottom line of a firm. FALSE Excellence in design benefits the bottom line of a firm. Firms that are judged to be higher in design effectiveness outperform other firms in return on […]
Economics Chapter 20 1 This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution inany manner
Chapter 20 Economic Growth and Development Multiple Choice 1. A country’s real GDP can increase for brief periods of time A) only if its aggregate demand increases. B) only if its aggregate supply increases. C) if either its aggregate demand […]
Accounting Chapter 1 2 Given the information below about Thomas Corporation, what was the amount of dividends the company paid in the current period
51. The equation best describing the balance sheet is: XOAXOA: Reflective Thinking XOAXOA: Reporting XOAXOA: Comprehension XOAXOA: Easy XOAXOA: 01-03 Discuss how financial accounting information is communicated through financial statements. 52. DW has an ending Retained Earnings balance of $51,100. […]
Accounting Chapter 1 1 Which of the following groups is not among the external users for whom financial statements are prepared
1. The primary focus for financial accounting information is to provide information useful for: XOAXOA: Reflective Thinking XOAXOA: Critical Thinking XOAXOA: Knowledge XOAXOA: Easy XOAXOA: 01-01 Describe the two primary functions of financial accounting. 2. What is the primary purpose […]
Economics Chapter 18 1 Suppose an event occurs that causes people to lose faith in the ability of Europeans to pay their euro-denominated debt
Chapter 18 International Finance and Exchange Rates Multiple Choice: 1. Since 1970, U.S. investment in other countries has A) increased by more than foreign investment in the U.S. B) increased by less than foreign investment in the U.S. C) necessarily […]
Marketing Chapter 12 2 Plants to be built and quality to be achieved is associated with which of the following components of a product protocol
29. A product concept that originated in the advertising world that essentially says, “Product X is better for your use than other products because….” is known as: A. product positioning. B. product innovation. C. wildcatting. D. product testing. Product positioning […]
Economics Chapter 17 2 The country with a comparative advantage in production of a good or service is the country with the
D) both better off. Answer: D 37. If with one unit of labor the U.S. can produce 20 units of computer software and 10 units of computer hardware and China can produce 5 units of software and 5 units of […]
Marketing Chapter 12 1 A good product protocol can help cut development time and accelerate the time to market by providing better product definition.
1. The leading product innovators follow the relay race model. FALSE The leading product innovators do not follow the relay race model: They use some type of concurrent system, one in which all of the players begin working, doing as […]
Economics Chapter 17 1 If a country can, with a single unit of labor, produce more of both clothing and computers than another country
Chapter 17 International Trade: Does It Jeopardize American Jobs? Multiple Choice 1. In 2009, trade made up ____ percent of the U.S. economy. A) 1.3 B) 5.0 C) 11.1 D) 22.7 Answer: C 2. In 2009, the U.S. experienced a […]
Marketing Chapter 11 1 Even if a product’s potential is extremely high, its sales may not materialize due to insufficient marketing effort.
1. Even if a product’s potential is extremely high, its sales may not materialize due to insufficient marketing effort. TRUE A product’s potential may be extremely high, but sales may not materialize due to insufficient marketing effort. This is one […]
Economics Chapter 16 1 Which of the following entities is compelled to pay premiums to the Pension Guaranty Trust Corporation
Chapter 16 Is The Fiscal Sky Falling? An Examination of Unfunded Social Security, Medicare, and State and Local pension Liabilities Multiple Choice 1. A defined benefit pension program is one in which A) the plan that defines eligibility for retirement […]
Marketing Chapter 11 2 Which of the following is the most commonly used approach to sales forecasting outside of the consumer packaged goods industry
30. With reference to the Bass diffusion model, which of the following best represents the growth in the total number of purchases that is typically based on adoption by innovators? A. The cumulative expenditures curve B. Skimming C. Initial diffusion […]
Economics Chapter 15 1 Using an aggregate supply-aggregate demand model, the shock associated with the bursting of the stock and real-estate bursting of the stock and real-estate
Chapter 15 Japan’s Lost Decade – Could It Happen in the the United States? Multiple Choice 1. The economy of Japan grew most rapidly during the A) 1940s. B) 1960s through the 1980s. C) 1990s. D) 2000s. Answer: B 2. […]
Marketing Chapter 10 1 The full screen should generally be carried out just prior to the product launch phase of the basic new products process.
1. The full screen should generally be carried out just prior to the product launch phase of the basic new products process. FALSE The full screen is done prior to the development phase of the new products process. The term […]
Economics Chapter 14 1 The elements of the stimulus package adopted in 2009 that allowed states to continue to make their unemployment compensation
Chapter 14 The Recession of 2007-2009: Causes and Policy Responses Multiple Choice 1. One of the most, if not the most severe recession since World War II began in the A) fall of 2005. B) summer of 1964. C) summer […]
Marketing Chapter 10 2 Which of the following is an example of a groupware that can be used to aid the process of combining team members’ ratings of new product concepts in a full screening project
33. Which of the following is an example of a groupware that can be used to aid the process of combining team members’ ratings of new product concepts in a full screening project? A. MSSQL B. Lotus Notes C. Outlook […]
Chapter 13 Chapter 13 What general criteria are used to determine if a student is functioning within the range of mental retardation
Answer: Speech/language impairment Answer: Learning disability Answer: Emotional disturbance Chapter 13 Chapter Focus When a student does not respond to interventions by teachers and other professionals, she or he may be referred for a more comprehensive assessment as part of […]
Economics Chapter 13 1 Among the most important demand side factors explaining homes prices would be the size of the
Chapter 13 The Housing Bubble Multiple Choice 1. In 2006 and 2007, for the first time in decades, in many major urban areas across the U.S., A) property tax rates decreased. B) housing prices began to fall. C) the NASDAQ […]
Marketing Chapter 9 2 According to the classic five-point question format of the concept test for a product, the top-two-boxes score includes the number of people who
31. Concept testing is a part of the _____ process. A. development B. prescreening C. launch D. full screening Concept testing is part of the prescreening process, preparing a management team to do the full screening of the idea by […]
Chapter 12 Chapter 12 This test includes a working memory index, perceptual reasoning index, and a processing speed index as well as verbal measures.
Chapter 12 Chapter Focus This chapter discusses the procedures used in assessing older students with transition needs. It also explores some of the issues related to assessment procedures. Federal regulations require education professionals to assist students with special needs who […]
Economics Chapter 12 1 The argument that a Balanced Budget Amendment would be “pro-cyclical” means that it would cause
Chapter 12 Federal Deficits, Surpluses, and the National Debt Multiple Choice 1. The pattern of the 1930’s through the middle 1990’s was A) deficits interspersed with a few years of surplus. B) deficits each and every year. C) surpluses each […]
Marketing Chapter 9 1 In the basic new products process, market analysis activities and the formulation of a product innovation charter occur immediately after an idea appears.
1. In the basic new products process, market analysis activities and the formulation of a product innovation charter occur immediately after an idea appears. FALSE The formulation of the product innovation charter and market analysis activities occur before the idea […]
Chapter 11 Chapter 11 In which of the program paradigms does the parent play a more active role in the assessment and planning processes
Answer: Developmental delay Answer: IFSP Answer: 6 months Answer: First, parent involvement is mandated by federal law. Second, family priorities must be considered in the making of the IFSP. Third, children ages 0–5 spend a great deal of time in […]
Marketing Chapter 8 1 The fact that a product and its marketing plan is viewed as a single unit is what lets one to telescope the development process into shorter periods of time
1. The evaluation process begins with the creation of a prototype. FALSE The new product appears first as an idea, a concept in words or pictures, and that is evaluated first. AACSB: Analytic Blooms: Understand Difficulty: 2 Medium Topic: What’s […]
Chapter 10 Chapter 10 Standardized norm-referenced assessment of cognitive abilities; the indirect measurement of the construct of intelligence.
Answer: G. Lora v. New York City Board of Education Answer: L. Measurement of different constructs Answer: D. Inequitable social consequence Answer: J. Measurement of different constructs Answer: F. Differential predictive validity Answer: K. IQ Score Answer: I. Examiner language […]
Economics Chapter 10 1 When the Federal Reserve loans money to banks, the rate it charges banks with excellent credit is the
Chapter 10 Monetary Policy Multiple Choice 1. The Federal Reserve came into existence in response to A) the inflation of the Civil War. B) the depression of the 1930’s. C) the boom and bust nature of the late 19th and […]
Marketing Chapter 8 2 In which of the following risk strategies is risk reduced to an acceptable, threshold level, perhaps through redesigning a product to include
31. Which of the following risk strategies is most likely to incur opportunity costs? A. Avoidance B. Mitigation C. Transfer D. Acceptance In general, the new products team should consider four generic risk strategies. The risk strategy of avoidance eliminates […]
Chapter 9 Chapter 9 From the information provided, does it seem that his IEP and BIP are appropriate? Why or why not
Chapter 9 Chapter Focus This chapter addresses the assessment of behaviors that decrease academic engaged time and interfere with learning, such as externalizing (acting out) behaviors (including those attributed to attention deficit disorders), and the assessment of emotional and social […]
Economics Chapter 9 1 If you were to use an Aggregate Supply Aggregate Demand diagram to model nondiscretionary and discretionary fiscal
Chapter 9 Fiscal Policy Multiple Choice 1. Fiscal Policy is controlled by A) the Federal Reserve Board. B) Congress and the President. C) the Supreme Court. D) private banks. Answer: B 2. The purpose of fiscal policy is to A) […]
Marketing Chapter 7 1 Trade-off analysis and conjoint analysis mean one and the same and therefore can be used interchangeably
1. Conjoint analysis fails in generating high-potential concepts for future evaluation. FALSE Conjoint analysis can be used in generating high-potential concepts for future evaluation. Trade- off analysis, often called conjoint analysis, is a technique that is more commonly used in […]
Chapter 8 Chapter 8 Using the raw score data, look up the standard scores on the following table and write the scores in the appropriate spaces on the protocol sheet.
Answer: 2–90 years old Answer: Clinical groups included in the normative update were individuals with anxiety disorders, ADHD, autism spectrum disorders, and depressive disorders; those with language disorders, mathematics disorders, reading disorders, and written expression disorders; those with head injury; […]
Economics Chapter 8 2 Which of the following will increase macroeconomic equilibrium real gross domestic product
B) Box 2 C) Box 3 D) Box 4 Answer: C 58. Referring to the Aggregate Demand – Aggregate Supply diagram in Figure 8.1, which box should be filled with the label AD for the aggregate demand curve? A) Box […]
Marketing Chapter 7 2 In which of the following types of conjoint analysis is the respondent shown several alternative products and asked which one he/she would prefer
31. Conjoint analysis is least likely to be useful for _____. A. line extensions B. new-to-the-world products C. product improvements D. repositioned products Since respondents of a survey should be familiar enough with a product category and the attributes to […]
Chapter 7 Chapter 7 One method to determine whether change has occurred is to set a cut-off point that must be met by the student
Answer: intensity and depth Answer: This study is not addressed in the chapter. I would assume the answer would be assessment and interventions. Answer: federal and state regulations Chapter 7 Chapter Focus Student academic progress in school can be detected […]
Marketing Chapter 6 2 Product attributes used in gap analysis, which differentiate between offerings and are important in consumer purchase decisions
30. Product attributes used in gap analysis, which differentiate between offerings and are important in consumer purchase decisions, are called _____ attributes. A. purchase B. consumer C. developmental D. determinant Attributes that both differentiate and are important are called determinant […]