Archives: Quiz
Human Resources Chapter 13 1 When The Rater Rates The Ratee Higher Than Would The Normal Average
CHAPTER 13 1. The term “gold–collar” worker has been directed to (a) top performers (b) knowledge-based workers (c) highly-paid executives (d) managers of financial institutions 2. Knowledge-based workers receive their titles because they (a) have at least a master’s degree […]
Economics Chapter 39 1 The largest metropolitan area in the United States that has no major league baseball, basketball, football, or hockey franchise is
Chapter 39 – If We Build It, Will They Come? And Other Sports Questions Chapter 39 If We Build It, Will They Come? And Other Sports Questions Multiple Choice 1. Tampa-St. Petersburg built new facilities to attract a sports franchise, […]
Investments & Securities Chapter 12 3 the federal government decides to pay for the transition to private social security accounts with a one-time $1 trillion bond issue
68. An industry analysis for manufacturers of a small personal care gadget observed the following characteristics: 1. Industry sales have grown at 15%-20% per year in recent years and are expected to grow at 10%-15% per year over the next […]
Human Resources Chapter 12 1 Team based Organization Was Designed The Early 60s Manufacture Dog Food A
CHAPTER 12 1. A team-based organization was designed in the early ’60s to manufacture dog food by (a) Ralston Purina (b) Kennel Happy (c) General Foods (d) Quaker Oats 2. An ideal membership size for a team is (a) three […]
Economics Chapter 38 1 At the current pace of oil consumption and given what oil is known to exist and what oil is expected to be discovered, oil reserves are likely to
Chapter 38 – Energy Prices Chapter 38 Energy Prices Multiple Choice 1. Proven oil reserves in the world amount to A) between 1100 and 1400 barrels. B) between 1100 and 1400 million barrels. C) between 1100 and 1400 billion barrels. […]
Investments & Securities Chapter 11 3 what strategy might an insurance company employ to ensure that it will be able to meet the obligations of annuity holders
64. Steel Pier Company has issued bonds that pay semiannually with the following characteristics: If the bond’s coupon was smaller than 10%, the modified duration would be _____ compared to the original modified duration. A. larger B. unchanged C. smaller […]
Human Resources Chapter 11 1 The Optimal Number Pay Grades Included Within Pay Structure A B C
CHAPTER 11 1. A compensation scatter diagram plots the points or dots on a chart where each point represents a (a) wage grade (b) job rate of pay (c) class level (d) point of central tendency 2. Some different procedures […]
Economics Chapter 37 1 The filing status of a person who is legally married yet separated as a result of a messy impending divorce is likely to be
Chapter 37 – Personal Income Taxes Chapter 37 Personal Income Taxes Multiple Choice 1. In 2011, personal income taxes made up _____ of federal government revenues. A) much more than half B) much less than half C) just more than […]
Investments & Securities Chapter 11 2 If you choose a zero-coupon bond with a maturity that matches your investment horizon, which of the following statements is (are) correct
44. A perpetuity pays $100 each and every year forever. The duration of this perpetuity will be __________ if its yield is 9%. A. 7 B. 9 C. 9.39 D. 12.11 AACSB: Analytic Blooms: Remember Difficulty: 2 Medium Learning Objective: […]
Human Resources Chapter 10 1 The Method Begins Identifying Certain Basic Occupational Groups Such Accounting
CHAPTER 10 1. The ____________ method begins by identifying certain basic occupational groups such as accounting or manufacturing and then identifying certain class-series within the groups. (a) key job matching (b) broad classification (c) job evaluation (d) occupational survey 2. […]
Economics Chapter 36 1 If you overhear a group of people talking about their plans to save for their retirement and one of them says that it causes them to save less because
Chapter 36 Social Security Multiple Choice 1. Social Security was enacted in the A) 1870’s. B) 1910’s. C) 1930’s. D) 1960’s. Answer: C 2. Social Security was intended to A) cover all of the income necessary for retirement. B) provide […]
Investments & Securities Chapter 11 1 A portfolio manager sells Treasury bonds and buys corporate bonds because the spread between corporate- and Treasury-bond yields is higher than its historical average
1. All other things equal (YTM = 10%), which of the following has the longest duration? A. A 30-year bond with a 10% coupon B. A 20-year bond with a 9% coupon C. A 20-year bond with a 7% coupon […]
Human Resources Chapter 9 1 Responsibility C Scope D Knowledge Required The Quality Check Developed For Fes
CHAPTER 9 1. Which one of the following roles is not one performed by a job evaluation committee? (a) rank and rate jobs (b) write job descriptions (c) select benchmark jobs (d) select job evaluation method 2. A “large” job […]
Economics Chapter 35 1 The percentage of people in households with income under that which is sufficient to provide a family with a minimally adequate standard of living is the
Chapter 35 – Poverty and Welfare Chapter 35 Poverty and Welfare Multiple Choice 1. The poverty line is A) that level of income just sufficient to provide a family with a minimally adequate standard of living. B) the percentage of […]
Investments & Securities Chapter 10 2 Analysis of bond returns over a multiyear horizon based on forecasts of the bond’s yield to maturity and reinvestment rate of coupons is called
43. A coupon bond that pays interest annually has a par value of $1,000, matures in 5 years, and has a yield to maturity of 12%. If the coupon rate is 9%, the intrinsic value of the bond today will […]
Human Resources Chapter 8 1 Defined The Text Job Evaluation A Measuring Employees Performance B Managements
CHAPTER 8 1. As defined in the text, job evaluation is (a) measuring an employee’s performance (b) management’s evaluation of the effectiveness of the job (c) the extent to which a job description fits the actual tasks of the job […]
Economics Chapter 34 1 In determining whether a further investment in education for a individual is worth the costs, an economist would look at whether the sum of the
Chapter 34 – Education Chapter 34 Education Multiple Choice 1. The form of capital through which education increases productivity is A) physical capital. B) human capital. C) human principal. D) brain capital. Answer: B 2. In determining whether a further […]
Investments & Securities Chapter 10 A bond was purchased at a premium and is now selling at a discount because of a change in market interest rates. If the bond pays a 4% annual coupon
69. The yield to maturity of a 10-year zero-coupon bond with a par value of $1,000 and a market price of $625 is _____. A. 4.8% B. 6.1% C. 7.7% D. 10.4% Calculator entries are N = 10, PV = […]
Human Resources Chapter 7 1 Which These Terms Allows For The Most Discretionary Authority The Incumbent A
CHAPTER 7 1. There are at least as many _____ as there are incumbents (a) occupations (b) positions (c) jobs (d) class-series 2. Which of the following is not normally included within a job description? (a) job tasks (b) job […]
Economics Chapter 33 1 As students moved from general education classes to advanced undergraduate classes, the market for their books is likely to move from
Chapter 33 – Why College Textbooks Cost So Much Chapter 33 Why College Textbooks Cost So Much Multiple Choice 1. College textbooks prices have been rising ______ than overall inflation. A) faster B) slower C) the same as Answer: A […]
Investments & Securities Chapter 10 1 A Japanese firm issued and sold a pound-denominated bond in the United Kingdom. A U.S. firm issued bonds denominated in dollars but sold the bonds in Japan
1. The invoice price of a bond is the ______. A. stated or flat price in a quote sheet plus accrued interest B. stated or flat price in a quote sheet minus accrued interest C. bid price D. average of […]
Human Resources Chapter 6 1 Document That May Formally Developed The Organization Even Informally Employee That
CHAPTER 6 1. A document that may be formally developed by the organization or even informally by an employee that can provide very useful job analysis information is (a) an organization chart (b) a job description (c) procedures manual (d) […]
Economics Chapter 32 1 A flat marginal cost curve prior to capacity being reached suggests that the marginal cost of providing entrance to the 100th person is
Chapter 32 – Ticket Brokers and Ticket Scalping Chapter 32 Ticket Brokers and Ticket Scalping Multiple Choice 1. The substantive economic difference between ticket scalping and ticket brokering is that A) scalping is more efficient. B) brokering is more efficient. […]
Investments & Securities Chapter 9 3 The implications of behavioral patterns are inconsistent from case to case, sometimes suggesting overreaction, sometimes underreaction
68. Cumulative breadth for the 4 days is ___, which is ___. A. –140; bullish B. –140; bearish C. –300; bullish D. –300; bearish Cumulative breadth, days 1-4 = (870 – 880) + (760 – 990) + (960 – 790) […]
Human Resources Chapter 5 1 Social Security B Severance Payments C Pension Plans D Unemployment Insurance 13
CHAPTER 5 1. The Fair Labor Standards Act (FLSA) provides a work week of _____ hours for computing overtime, $_____ per hour for minimum wages, and employees of at least ____ years of age to work in hazardous occupations. (a) […]
Economics Chapter 31 1 If you view a dollar’s worth of consumer surplus (received by employers) equal to a dollar’s worth of producer surplus
Chapter 31 – Minimum Wage Chapter 31 Minimum Wage Multiple Choice 1. The lowest wage that may be legally paid for an hour’s work is called the A) just wage. B) minimum wage. C) maximum wage. D) living wage. Answer: […]
Investments & Securities Chapter 9 2 On day 1, the stock price of Ford was $12 and the automotive stock index was 127. On day 2, the stock price of Ford was $15 and the automotive stock index was 139
AACSB: Analytic Blooms: Remember Difficulty: 1 Easy Learning Objective: 09-01 Describe several behavioral biases; and explain how they could lead to anomalies in stock market prices and returns. Topic: The Behavioral Critique 50. A possible limit on arbitrage activity that […]
Human Resources Chapter 4 1 Flsa A Independent Contractors B Secretaries C Casual Babysitters D Volunteer Workers
CHAPTER 4 1. The criterion used for assessing the long-term effectiveness of an organization is (a) organizational policy (b) organizational philosophy (c) organizational rules and regulations (d) organizational mission statement 2. An organization’s _____________ describes in broad or general value-laden […]
Economics Chapter 30 1 A justification for government price supports on agricultural that economists generally accept as potentially legitimate is
Chapter 30 Farm Policy Multiple Choice 1. Between 1974 and 2006 prices for food commodities A) rose far faster than inflation. B) rose far slower than inflation. C) rose at about the overall rate of inflation. D) Remained largely constant […]
Investments & Securities Chapter 9 1 Your two best friends each tell you about a person they know who successfully started a small business. That’s it, you decide; if they can do it, so can you
1. Testing many different trading rules until you find one that would have worked in the past is called _______. A. data mining B. perceived patterning C. pattern searching D. behavioral analysis AACSB: Analytic Blooms: Remember Difficulty: 2 Medium Learning […]
Human Resources Chapter 3 1 Usa A Norway B Japan C Switzerland D Germany 16 All But
CHAPTER 3 1. For most companies, human resource (labor) costs consume approximately _____ percent of total revenue. (a) 10 (b) 20 (c) 40 (d) 60 2. Which one of the following is not considered as part of a compensation program? […]
Economics Chapter 29 1 Doing something that is not necessarily discriminatory on its face, but impacts some groups more negatively than others is called
Chapter 29 – The Economics of Race and Sex Discrimination Chapter 29 The Economics of Race and Sex Discrimination Multiple Choice 1. The labor force participation rate for women 16 and over has A) increased from 38% in the 1960s […]
Investments & Securities Chapter 8 2 Which of the following stock price observations would appear to contradict the weak form of the efficient market hypothesis
46. J. M. Keyes put all his money in one stock, and the stock doubled in value in a matter of months. He did this three times in a row with three different stocks. J. M. got his picture on […]
Human Resources Chapter 2 1 The Task Designing And Managing Reward System That Encourages Employee Contributions
CHAPTER 2 1. The task of designing and managing a reward system that encourages employee contributions and performance within organizational cost constraints is a difficult and complex task because of: (a) problems related to defining exempt and nonexempt employees (b) […]
Economics Chapter 28 1 Under the rational criminal model, an increase in the legal income producing opportunities available to a population will
Chapter 28 – The Economics of Crime Chapter 28 The Economics of Crime Multiple Choice 1. Crime victims in the U.S. are disproportionately A) whites. B) minorities. C) Asian-Americans. D) legal immigrants. Answer: B 2. Crime in the U.S. is […]
Investments & Securities Chapter 8 1 You believe that stock prices reflect all information that can be derived by examining market trading data such as the history of past stock prices
1. Which of the following beliefs would not preclude charting as a method of portfolio management? A. The market is strong-form efficient. B. The market is semistrong-form efficient. C. The market is weak-form efficient. D. Stock prices follow recurring patterns. […]
Human Resources Chapter 1 1 The Financial Strength Own Your Own Home Normally Begins With Entry Into
CHAPTER 1 1. A growing disparity of income among members of USA society is directly attributable to (a) increase in federal taxes (b) rise of two-wage earner families (c) demand for workers with higher levels of knowledge and skills (d) […]
Economics Chapter 27 1 Written and recorded works, ideas, formulas and other creative intangible property that are owned by an individual or a group of individuals
Chapter 27 – So You Want to Be a Lawyer: Economics and the Law Chapter 27 So You Want to Be a Lawyer: Economics and the Law Multiple Choice 1. Land owned by an individual or a group of individuals […]
Investments & Securities Chapter 7 2 In a study conducted by Jagannathan and Wang, it was found that the performance of beta in explaining security returns could be considerably enhanced by
44. The risk-free rate and the expected market rate of return are 6% and 16%, respectively. According to the capital asset pricing model, the expected rate of return on security X with a beta of 1.2 is equal to _________. […]
Economics Chapter 26 1 Prior to the passage of the Patient Protection and Affordable Care Act which of the following was illegal
Chapter 26 – Health Care Reform: The Patient Protection and Affordable Care Act Chapter 26 Health Care Reform: The Patient Protection and Affordable Care Act Multiple Choice 1. Prior to the passage of the Patient Protection and Affordable Care Act […]
Investments & Securities Chapter 7 1 Consider the capital asset pricing model. The market degree of risk aversion, A, is 3. The variance of return on the market portfolio is
1. An adjusted beta will be ______ than the unadjusted beta. A. lower B. higher C. closer to 1 D. closer to 0 AACSB: Analytic Blooms: Remember Difficulty: 2 Medium Learning Objective: 07-01 Use the implications of capital market theory […]
Economics Chapter 25 1 The reason why a cure to a disease such as AIDS would have less elastic demand than a vaccine at every price is that
Chapter 25 The Economics of Prescription Drugs Multiple Choice 1. In 2009 prescription drugs account for approximately ____ of total health care spending A) 2.5% B) 10% C) 25% D) 50% Answer: B 2. A patent is a legal device […]
Investments & Securities Chapter 7 3 The two-factor model on a stock provides a risk premium for exposure to market risk of 9%, a risk premium for exposure to interest rate risk of
68. What is the alpha of a portfolio with a beta of 2 and actual return of 15%? A. 0% B. 13% C. 15% D. 17% CAPM E ( ri ) = 5% + 2(10% – 5%) = 15%; Alpha […]
Economics Chapter 24 1 When creating demand curves for a good where one group gets the good for free and another group must pay the market price, we must
Chapter 24 – Government-Provided Health Insurance: Medicaid, Medicare, and the Child Health Insurance Program 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 […]
Investments & Securities Chapter 6 3 You are considering adding a new security to your portfolio. To decide whether you should add the security, you need to know the security’s
64. This stock has greater systematic risk than a stock with a beta of ___. A. .50 B. 1.5 C. 2 D. 3 .50 < 1.32 AACSB: Analytic Blooms: Apply Difficulty: 1 Easy Learning Objective: 06-05 Use index models to […]
Economics Chapter 23 1 An insurance plan that carries a low annual premium but also a low annual maximum amount that insurance will cover is called a
Chapter 23 – Health Care 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 […]
Investments & Securities Chapter 6 1 An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%
1. Risk that can be eliminated through diversification is called ______ risk. A. unique B. firm-specific C. diversifiable D. all of these options AACSB: Analytic Blooms: Remember Difficulty: 1 Easy Learning Objective: 06-01 Show how covariance and correlation affect the […]
Economics Chapter 22 1 Suppose an ardent environmentalist sought to preserve limited natural resources for future generations, she would, more than likely be arguing
Chapter 22 – Natural Resources, the Environment, and Climate Change 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) […]
Investments & Securities Chapter 6 2 If an investor does not diversify his portfolio and instead puts all of his money in one stock, the appropriate measure of security risk for that investor
39. An investor can design a risky portfolio based on two stocks, A and B. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 14% and […]
Economics Chapter 21 1 Which of the following reasons for making drugs sales illegal do economists generally see as potentially legitimate, but beyond their area of expertise
Chapter 21 The Line Between Legal and Illegal Goods Multiple Choice 1. In Figure 21.1, which area represents total value to the drug addict? A) 0ACQ* B) BP*C C) 0BCQ* D) 0P*CQ* Answer: A 2. In Figure 21.1, which area […]