Archives: Quiz
Finance Chapter 3 2 What happens to the market value of a firm’s equity as the book value of the firm’s equity increases
AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Learning Objective: 03-01 Interpret the information contained in the balance sheet; income statement; and statement of cash flows. Topic: Noncash items 50. If market interest rates have increased since […]
Economics Chapter 16 1 According to the principle of comparative advantage, a nation should specialize in producing those products
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 16: International Trade 1) In 2008, approximately what percentage of the U.S. GDP was made up of exports of goods and services? A) 50 percent B) 3 percent C) 13 percent D) 30 […]
Human Resources Chapter 3 4 A male employee, over the objections of his female colleagues, continues to display a highly suggestive calendar containing indecent pictures within his office
74. Which of the following is NOT regarded as reasonable accommodation? A. A firm modifies its examinations and selection procedures to enable applicants of the minority community to fare better. B. A software firm changes its work schedule to accommodate […]
Finance Chapter 3 1 An asset’s liquidity is determined by how readily the asset can be converted to an appropriate amount of cash
1. An asset’s liquidity is determined by how readily the asset can be converted to an appropriate amount of cash. TRUE AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Learning Objective: 03-01 Interpret the information contained in the […]
Economics Chapter 16 2 If the European central bank intervenes in the foreign exchange market by buying dollars for euros, the intervention would tend to
Page 14 9) Dumping occurs whenever a firm A) charges a lower price in foreign markets than it charges in its home market. B) sells a lower-quality product in foreign markets than it sells in its home market. C) earns […]
Human Resources Chapter 3 3 Which of the following legislations requires the federal government to base all its employment policies on merit and fitness
53. Which of the following legislations requires the federal government to base all its employment policies on merit and fitness? A. The Thirteenth Amendment to the Constitution B. Executive Order 11478 C. Civil Rights Act of 1866 D. Civil Rights […]
Finance Chapter 2 3 Approximately what percent of the shares issued by U.S. corporations are held by investors outside of the U.S.
85. Which one of these enterprises generally acts as an underwriter for an initial public offering? A. Commercial bank B. Government C. Investment bank D. Insurance company AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Learning Objective: […]
Economics Chapter 15 1 When income tax rates are reduced, households tend to spend part of the additional take-home pay they receive
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 15: Economic Growth: The Importance of the Long Run 1) Economic growth occurs whenever A) nominal GDP increases. B) real GDP increases. C) potential GDP increases. D) per-capita income increases. E) per-capita GDP […]
Human Resources Chapter 3 2 Alyona Carolls thinks that her company is discriminating against a particular group of employees by denying them seniority or promotions
33. The_____ granted all persons the same property rights as white citizens, as well as the right to enter into and enforce contracts. A. Thirteenth Amendment B. Fourteenth Amendment C. Civil Rights Act of 1866 D. Title VII of CRA […]
Finance Chapter 2 2 Which type of financial institution generally does not accept deposits but does underwrite stock offerings
51. Which one of the following statements is not characteristic of mutual funds? A. They are always considered to be financial institutions. B. They raise money by selling shares to investors. C. They pool the savings of many investors. D. […]
Economics Chapter 14 1 Supporters to the theory of rational expectations believe that Keynesian monetary and fiscal policies for combating unemployment
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 14: The Activist-Nonactivist Debate 1) All of the following schools of economists would be described as nonactivists EXCEPT A) monetarist economists. B) classical economists. C) rational expectations theorists. D) Keynesian economists. E) new […]
Finance Chapter 2 1 The reinvestment of cash back into the firm’s operations is an example of a flow of savings to investment
1. Only small companies can go through financial markets to obtain financing. FALSE AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Learning Objective: 02-03 Explain the functions of financial markets and institutions. Topic: Financial institution functions 2. […]
Economics Chapter 13 2 When the Federal Reserve buys government securities in the open market, the lending ability of banks
requirement is 20 percent, how much additional money can the banking system create? A) $20 million B) $50 million C) $100 million D) $200 million Answer: C Question Status: Previous Edition 10) Which of the following is not a function […]
Finance Chapter 1 3 When managers’ compensation plans are tied in a meaningful manner to the profits of the firm, agency problems
83. Sole proprietorships resolve the issue of agency problems primarily by: A. avoiding excessive expense accounts. B. discharging those who violate the rules. C. allowing owners to share the cost of their actions with others. D. forcing owners to bear […]
Economics Chapter 13 1 Money makes it possible to easily compare the prices of different products with one another. In this capacity, money is functioning as a
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 13: Money, Banking, and Monetary Policy 1) Which of the following represents the basic functions of money? A) standard of value, source of status, and medium of exchange B) source of status, unit […]
Finance Chapter 1 2 Corporations that issue financial securities such as stock or debt obligations to the public do so primarily to
49. Corporations that issue financial securities such as stock or debt obligations to the public do so primarily to: A. increase sales. B. become profitable. C. increase their access to funds. D. avoid double taxation of their profits. AACSB: Reflective […]
Economics Chapter 12 2 The amount paid out as unemployment compensation automatically increases when the jobless rate begins to rise.
13) A legitimate concern regarding the national debt relates to A) the higher taxes that are necessary to make the interest payments on the debt. B) our inability to pay off such a large sum. C) the fraction of the […]
Finance Chapter 1 1 Financial assets have value because they are claims on the firm’s real assets and the cash that those assets will produce
1. The liability of sole proprietors is limited to the amount of their investment in the company. FALSE AACSB: Communication Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Learning Objective: 01-03 Cite some of the advantages and disadvantages of organizing […]
Economics Chapter 12 1 According to activists, if the economy were experiencing unemployment, which of the following would be most appropriate
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 12: Fiscal Policy 1) In 2010, the federal government planned to spend approximately A) $170 million. B) $5.6 billion. C) $550 billion. D) $3.6 trillion. E) $22 trillion. Answer: D Question Status: Revised […]
Human Resources Chapter 2 4 Which of the following technologies lets a company rent space on a remote computer system and use the system’s software to manage
73. Which of the following technologies lets a company rent space on a remote computer system and use the system’s software to manage its HR activities, including security and upgrades? A. Application service providers B. Internet portals C. Shared service […]
Economics Chapter 11 2 Suppose that the value of the average family home increased dramatically. This change would tend to shift the
11) Suppose that the value of the average family home increased dramatically. This change would tend to shift the A) aggregate demand curve to the left, lowering real GDP and the price level. B) aggregate supply curve to the right, […]
Human Resources Chapter 2 5 Martin is a financial analyst who is not employed directly by any company. He works for multiple clients based on their requirements
87. Martin is a financial analyst who is not employed directly by any company. He works for multiple clients based on their requirements. Martin is a(n) _____. A. permanent employee B. independent contractor C. part-time employee D. contract company worker […]
Economics Chapter 11 1 Suppose the economy suffers an adverse supply shock. If the Federal Reserve responds by increasing the money supply, the short-run result will be
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 11: Aggregate Demand and Supply: The Model of the Self-Correcting Economy 1) The aggregate demand curve is A) horizontal because when there is substantial unemployment, the price level tends to remain stable. B) […]
Economics Chapter 10 1 Which of the following is least likely to suffer a reduction in real income during a period of unanticipated inflation
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 10: Measuring Aggregate Performance 1) The difference between microeconomics and macroeconomics is that A) microeconomics involves normative issues, while macroeconomics does not. B) microeconomics studies the individual parts of the economy, while macroeconomics […]
Human Resources Chapter 1 3 Which of the following views on employment reflects the ethical principles embodied in the U.S. Constitution and Bill of Rights
53. The process that helps the human resource department to forecast the organization’s needs for hiring, training, reassigning employees along with handling or avoiding layoffs is known as _____. A. supply chain management B. job development C. human resource planning […]
Economics Chapter 9 2 Suppose that coal mining creates external costs. Then, in the absence of government intervention, it is likely that
Page 12 Use the diagram below in answering the following question(s). . 15) Based on the figure above, suppose that production of product X creates external costs. In the absence of government intervention, this industry would tend to produce A) […]
Human Resources Chapter 1 2 Which of the following responsibilities is specifically associated with the HR function of support for strategy
33. Which of the following responsibilities is specifically associated with the HR function of support for strategy? A. Discipline B. Human resource planning and forecasting C. Wage and salary administration D. Developing employee handbooks and company publications E. Developing an […]
Economics Chapter 9 1 When firms are required to pay the private costs of producing their product, rather than the social costs
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 9: Market Failure 1) Which of the following best defines “market failure”? A) the inability to make the most efficient use of society’s limited resources B) the failure to consider internal benefits in […]
Human Resources Chapter 1 1 Managers and economists traditionally have seen human resource management as a source of value to their organizations.
1. Managers and economists traditionally have seen human resource management as a source of value to their organizations. FALSE Managers and economists traditionally have seen human resource management as a necessary expense, rather than as a source of value to […]
Economics Chapter 8 1 The market structure which is characterized by a large number of firms selling slightly differentiated products is known as
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 8: Industry Structure and Public Policy 1) Which of the following is not an element of industry structure? A) the number of sellers in the industry B) the extent of barriers to entry […]
Economics Chapter 8 2 An industry made up of a large number of relatively small firms selling differentiated products would be described as
14) Which of the following is a true statement about industry regulation in the United States? A) It is intended to create more competition in the regulated industry. B) It has been applied only to natural monopolies. C) It has […]
Economics Chapter 7 2 Based on the figure above, how many units of output will this firm produce to maximize its profit or minimize its loss
Page 14 B) advertising C) unique product features D) low entry barriers 3) Price searchers face downward sloping demand curves because A) they must reduce price to sell more. B) they have unlimited pricing discretion. C) they have the ability […]
Economics Chapter 7 1 By looking at the above diagram, what can be concluded about the profits or losses of this price searcher
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 7: Price Searching: The Firm with Market Power 1) Which of the following is not an example of a price searcher? A) the neighborhood bakery B) the local phone company C) the corner […]
Economics Chapter 6 1 In the short run, a purely competitive firm can maximize its profit or minimize its loss by producing at the level of output where
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 6: Price Taking: The Purely Competitive Firm 1) Which of the following is not characteristic of a purely competitive industry? A) a large number of sellers B) relatively small firms C) ease of […]
Economics Chapter 6 2 Suppose the firms in a purely competitive industry are in a long-run equilibrium when the industry experiences a reduction in demand
Use the following diagram in answering the following question(s). 12) Based on the figure above, at the prevailing market price of $15, this firm would A) earn an economic profit. B) earn a normal profit. C) incur a loss but […]
Economics Chapter 5 2 Your neighbor volunteers to help you paint your house. Which of the following explanations is most consistent with the economists’ model
Use the following information in answering the following question(s). Data for Apex Golf Cart Company 17) Based on the table above, the Apex Golf Cart Company faces fixed costs A) of $200 per day. B) of $300 per day. C) […]
Economics Chapter 5 1 Frequent unannounced quizzes tend to improve class attendance. Which of the following might explain such behavior
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 5: Costs and Decision Making 1) Which of the following is not consistent with economists’ assumptions regarding human behavior? A) Individuals are concerned primarily with what is in their best interest. B) Individuals […]
Chapter 16 1 The reactance of the inductor equals the reactance of the capacitor at the resonant frequency of a series-parallel resonant circuit.
Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Asthe inductance decreases in aparallel resonant circuit, the resonant frequency 1) A) stays the same. B) is random. C) increases. D) decreases. […]
Economics Chapter 4 2 The company’s chief executive officer believes that the answer to the company’s problems is to reduce airfares
2) A subsidy paid to sugar producers would tend to A) reduce the demand for sugar. B) increase the market price of sugar. C) increase the supply of sugar. D) produce a surplus of sugar. Answer: C Question Status: Previous […]
Chapter 15 1 The primary difference between a magnitude Bode plot and a magnitude frequency response plot occurs in the vicinity of the break frequency
Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The fundamental frequency of aperiodic waveform is 1) A) 0Hz. B) one over the period of the waveform. C) the frequency at […]
Economics Chapter 4 1 If the U.S. government were to artificially maintain the selling price of beef above the equilibrium level, then
Page 1 Introduction to Economic Reasoning, 8e (Rohlf) Chapter 4: Applications Using Demand and Supply 1) If the U.S. government were to artificially maintain the selling price of beef above the equilibrium level, then A) there would be a shortage. […]
Chapter 14 1 If the source in a three-phase circuit is in a wye configuration and the load is in a delta configuration, and the phase currents in each branch of the delta load are desired
Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) In adelta configuration, the phase difference between the line current and the phase current is (hint: sketch aphasor diagram) 1) A) 0° […]
Economics Chapter 3 1 One reason that consumers choose to buy more of a product at a lower price than at a higher price is because the product becomes
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 3: Demand and Supply: Price Determination in Competitive Markets 1) According to the law of demand, a reduction in the price of a product will A) increase the demand for the product. B) […]
Chapter 13 1 Which quantities does the transformer transform from one side of the transformer to the other side of the transformer
Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) In an ideal transformer, both coils are linked by 1) A) all of the total magnetic flux. B) none of the total […]
Economics Chapter 3 2 Consider the market for mobile homes. If personal incomes in the United States rise, we would expect to see
Page 13 11) Consider the market for mobile homes. If personal incomes in the United States rise, we would expect to see A) a decline in mobile home prices if mobile homes are a normal good. B) an increase in […]
Chapter 12 1 Maximum power transfer from the source to the load in an AC circuit occurs when the load impedance equals the
Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The procedure used for the AC Norton equivalent circuit is the same as used for 1) A) AC circuits to determine the […]
Economics Chapter 2 2 According to the Keynesian model, if the economy were experiencing unemployment, which of the following would be most appropriate
10) If the economy produces a level of output that is too small for equilibrium, A) there will be an unintended, or unplanned, increase in inventories. B) businesses will not be able to sell everything that they’ve produced. C) there […]
Chapter 11 1 In the nodal analysis technique, once you have solved the simultaneous node voltage equations you can determine other voltages
Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Abridge is balanced when 1) A) the ratios of appropriate resistances are not equal. B) there is a voltage drop across the […]
Economics Chapter 2 1 Which of the following is not an accurate description of the information flows in the command pyramid
Introduction to Economic Reasoning, 8e (Rohlf) Chapter 2: Economic Systems 1) Pure capitalism is characterized by A) public ownership of the means of production. B) centralized decision-making. C) pure competition. D) economic planning. E) equal incomes. Answer: C Question Status: […]
Chapter 10 1 To calculate complex power, multiply the phasor voltage and the complex conjugate of the phasor current.
Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A100µF capacitor is in series with a20 resistor. A10 VRMS AC source at 60 Hz is connected to the circuit. The complex […]