Archives: Quiz
Business Ethics Chapter 4 1 Primary stakeholders are typically directly linked to a company’s survival and are either impacted or impact companies directly
4 Stakeholders What Are Stakeholders and Why Do They Matter? • Stakeholder is any group or individual that can affect or is affected by the achievement of an organization’s objectives. • Why should a company be concerned about properly managing […]
Marketing Chapter 1 1 The Internet and the extensive use of social media have fueled the change in power from consumers and business users to manufacturers and retailers
Name: Class: Date: chapter 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The Internet and the extensive use of social media have fueled the change in power from consumers and […]
Business Ethics Chapter 3 1 Discuss how you would apply utilitarian ethics tom Compare and contrast Kantian ethics utilitarianism can they of be moral combined to make more ethical
A B C D E 1 The obedience to authority/fear of punishment stage whereby the person defines right or wrong based on the obedience to rules from those in power represent which stage of Kohlberg‘s moral development? First stage Second […]
Business Ethics Chapter 3 1 Companies can also provide very explicit training by having employees consider actual ethical dilemmas and assess how employees react to these dilemmas
3 Ethical Theories • Theories are frameworks that allow researchers to predict or explain some phenomena. • Recent research suggests that most business ethics textbooks have ignored ethics theories as “ethics theory is accorded a low profile in the teaching […]
Business Ethics Chapter 2 1 Discuss how you would apply utilitarian ethics to make the decision. How would use of Kantian ethics help you make the decision
A BC D E 1 … is defined as any actions that violate accepted societal norms. Unethical Behavior Moral awareness Ethical Awareness Moral Judgment None of the above 2 …refers to the ability of an individual to understand the ethicality […]
Business Ethics Chapter 2 1 Moral awareness refers to the ability of an individual to understand the ethicality of a situation or behavior
2 Building Ethics at the Individual Level • Unethical behavior as any actions that violate accepted societal norms. • Why should companies attempt to understand individual ethics to reduce unethical behavior? Moral Awareness • Moral awareness refers to the ability […]
Business Ethics Chapter 1 1 Discuss five important benefits acruing to companies as a result of their ethics program Discuss the stockholder theory of business
A BC D E 1 Ethics refer to The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group the embodiment of what an organization stands for, and should be the basis for the behavior […]
Business Ethics Chapter 1 1 Similar to individual ethics, people may have different perceptions of what is considered ethical or not in business
1 Introduction to Business Ethics • As the public and the media grow more wary and suspicious of the motives of companies, large and small, it is becoming ever more critical for companies to become more ethical. What is Business […]
Finance Chapter 26 1 Taking speculative positions in stock options is generally not considered appropriate for retirement funds because of the high degree of risk involved
Name: Class: Date: chapter 26 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Taking speculative positions in stock options is generally not considered appropriate for retirement funds because of the high […]
Finance Chapter 25 1 Real estate values usually have little impact on the market value of a life insurance company’s asset portfolio and only affect property and casualty insurance companies
Name: Class: Date: chapter 25 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The moral hazard problem as related to the insurance industry means that some people take more risks once […]
Finance Chapter 24 1 Securities firms engage in proprietary trading, which means that they serve as an intermediary by trading shares of stock requested by proprietorships
Name: Class: Date: chapter 24 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Securities firms avoided exposure to mortgages during the credit crisis because they sold their mortgage holdings before the […]
Finance Chapter 23 1 The returns on international stock mutual funds are affected only by foreign companies’ stock prices and are independent of currency movements
Name: Class: Date: chapter 23 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Mutual funds must register with the U.S. Treasury and provide interested investors with a prospectus that discloses details […]
Finance Chapter 22 1 Many consumer finance companies provide personal loans directly to individuals to finance purchases of large household items
Name: Class: Date: chapter 22 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Consumer finance companies sometimes provide mortgage loans to individuals. a. True b. False 2. Finance companies are exempt […]
Finance Chapter 21 1 The objective of a credit union is to act as an intermediary for its members by using members’ deposited funds to provide loans to other members who are in need of funds
Name: Class: Date: chapter 21 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Because credit unions are for-profit organizations, their income is taxable. a. True b. False 2. The objective of […]
Finance Chapter 20 1 The loan loss provision should increase during periods when loan losses are more likely, such as during a recessionary period
Name: Class: Date: chapter 20 Copyright Cengage Learning. Powered by Cognero. Page 1 relating to the economy and government regulations. Indicate whether the statement is true or false. 1. Return on assets (ROA) will usually reveal when a bank’s performance […]
Finance Chapter 19 1 Banks are more liquid as a result of securitization because it allows them to request repayment of the loan principal from the borrower upon demand
Name: Class: Date: chapter 19 Copyright Cengage Learning. Powered by Cognero. Page 1 a. True Indicate whether the statement is true or false. 1. Most loan sales enable the bank originating the loan to continue servicing the loan. a. True […]
Finance Chapter 18 1 In general, a bank defines its value-at-risk as the estimated potential loss from its trading businesses that could result from adverse movements in market prices
Name: Class: Date: chapter 18 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Banks commonly use depositor funds to invest in stocks. a. True b. False 2. The Sarbanes-Oxley Act (SOX) […]
Finance Chapter 17 1 Like other market interest rates, the federal funds rate moves in reaction to changes in the demand for or supply of funds or both
Name: Class: Date: chapter 17 Copyright Cengage Learning. Powered by Cognero. Page 1 a. True Indicate whether the statement is true or false. 1. Banks will not accept intangible assets, such as patents and brand names, as collateral for commercial […]
Finance Chapter 16 1 A speculator who expects a foreign currency to appreciate could purchase the currency forward and, when it is received, sell it in the spot market
Name: Class: Date: chapter 16 Copyright Cengage Learning. Powered by Cognero. Page 1 movements. Indicate whether the statement is true or false. 1. Fundamental forecasting has been found to be consistently superior to the other forecasting techniques. a. True b. […]
Finance Chapter 15 1 The same types of risks that apply to interest rate swaps may also apply to currency swaps, except that currency swaps are not subject to basis risk
Name: Class: Date: chapter 15 Copyright Cengage Learning. Powered by Cognero. Page 1 a. True Indicate whether the statement is true or false. 1. The primary purpose of interest rate swaps is to reduce exchange rate risk. a. True b. […]
Finance Chapter 14 1 Options on small stocks normally have higher premiums than options on large stocks because small stocks typically are more volatile
Name: Class: Date: chapter 14 Copyright Cengage Learning. Powered by Cognero. Page 1 a. True Indicate whether the statement is true or false. 1. Speculators who anticipate a decline in interest rates may consider writing a call option on Treasury […]
Finance Chapter 13 1 Credit risk exists for futures contracts traded on exchanges, but it is normally not a concern for over-the-counter futures transactions
Name: Class: Date: chapter 13 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Financial futures contracts are normally sold on a futures exchange, not over the counter. a. True b. False […]
Finance Chapter 12 1 A stop-loss order is a particular type of limit order whereby the investor specifies a selling price that is below the current market price of the stock
Name: Class: Date: chapter 12 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. A stop-loss order is a particular type of limit order whereby the investor specifies a selling price that […]
Finance Chapter 11 1 If investors agree on a firm’s forecasted earnings, they will derive the same value for that firm using the PE method to value the firm’s stock
Name: Class: Date: chapter 11 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The U.S. government’s budget deficit has a significant impact on the bond market but does not affect the […]
Finance Chapter 10 1 only the owners of preferred stock are permitted to vote on certain key matters concerning the firm, such as the election of the board of directors the election of the board of directors
Name: Class: Date: chapter 10 Copyright Cengage Learning. Powered by Cognero. Page 1 a. True Indicate whether the statement is true or false. 1. Venture capital (VC) funds typically plan to exit from their original investment within about one year. […]
Finance Chapter 9 1 An investor in interest-only collateralized mortgage obligations (CMOs) would not be concerned that homeowners will prepay the underlying mortgages
Name: Class: Date: chapter 9 Copyright Cengage Learning. Powered by Cognero. Page 1 b. False Indicate whether the statement is true or false. 1. A financial institution may service a mortgage even after selling it. a. True b. False 2. […]
Finance Chapter 8 1 If the level of inflation is expected to decrease, there will be upward pressure on interest rates and on the required rate of return on bonds
Name: Class: Date: chapter 8 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. If the level of inflation is expected to decrease, there will be upward pressure on interest rates and […]
Finance Chapter 7 1 Subordinated indentures have claims against the firm’s assets that are junior to the claims of both mortgage bonds and regular indentures
Name: Class: Date: chapter 7 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Subordinated indentures have claims against the firm’s assets that are junior to the claims of both mortgage bonds […]
Finance Chapter 6 1 Money markets are used to facilitate the transfer of short-term funds from individuals, corporations, or governments with excess funds to those with deficient funds
Name: Class: Date: chapter 6 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. During periods of uncertainty about the economy, there is a shift from risky money market securities to Treasury […]
Finance Chapter 5 1 The Fed can affect the interaction between the demand for money and the supply of money to influence interest rates, the aggregate level of spending, and therefore economic growth
Name: Class: Date: chapter 5 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. In recent years, the Fed has made an effort to be more transparent in its communications to financial […]
Finance Chapter 4 1 The primary credit rate is the interest rate that the Fed charges the most creditworthy depository institutions for short-term loans
Name: Class: Date: chapter 4 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The primary credit rate is the interest rate that the Fed charges the most creditworthy depository institutions for […]
Finance Chapter 3 1 Credit ratings are most commonly used to indicate which financial institutions have available funds that they can lend to borrowers
Name: Class: Date: chapter 3 Copyright Cengage Learning. Powered by Cognero. Page 1 a. True Indicate whether the statement is true or false. 1. Other things being equal, an expected decrease in interest rates will increase the demand for long-term […]
Finance Chapter 2 1 The business demand for loanable funds is inversely related to the number of proposed projects implemented and inversely related to the interest rate
Name: Class: Date: chapter 2 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Since the aggregate demand for loanable funds is the sum of the quantities demanded by the separate sectors, […]
Finance Chapter 1 1 Valuing stocks is easier than valuing debt securities because stocks promise to provide investors with specific payments at regular intervals
Name: Class: Date: chapter 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Securities represent a claim on the provider of funds. a. True b. False 2. Bonds commonly have maturities […]
Management Chapter 19 1 A key assumption with crashing is that the time can be reduced to any proportion of the crash time at a proportional increase in cost
Name: Class: Date: chapter 19 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The Critical Path Method (CPM) allows us to investigate the effects of uncertainty of activity times on the […]
Management Chapter 18 1 Lean Six Sigma focuses on real dollar savings and has the ability to make significant financial impacts on an organization
Name: Class: Date: chapter 18 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Lean Six Sigma focuses on real dollar savings and has the ability to make significant financial impacts on […]
Management Chapter 17 1 In the context of quality control practices in manufacturing, if supplier documentation is done properly, incoming inspection can be completely eliminated
Name: Class: Date: chapter 17 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Keeping special cause variation from occurring is the essence of statistical quality control. a. True b. False 2. […]
Management Chapter 16 1 The International Organization for Standardization (ISO) is a specialized agency for standardization. The term, ISO, is a scientific term that means equal
Name: Class: Date: chapter 16 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The cost of quality refers specifically to the costs associated with avoiding poor quality or those incurred as […]
Management Chapter 15 1 Customized scheduling spreadsheets use readily available software such as Microsoft Excel, but may be rather expensive to develop
Name: Class: Date: chapter 15 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Different industries use different software packages for scheduling because every industry has different problem structures. a. True b. […]
Management Chapter 14 1 Resource management for most service-providing organizations generally requires as many intermediate levels of planning as it does for manufacturing
Name: Class: Date: chapter 14 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Enterprise resource planning (ERP) systems integrate all aspects of a business into a unified information system. a. True […]
Management Chapter 13 1 Cash-to-cash conversion cycle is the average time to convert a dollar spent to acquire raw materials into a dollar collected for a finished good
Name: Class: Date: chapter 13 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Cash-to-cash conversion cycle is the average time to convert a dollar spent to acquire raw materials into a […]
Management Chapter 12 1 In the context of using technology to manage inventories, radio-frequency identification (RFID) chips offer an accuracy of less than 70 percent
Name: Class: Date: chapter 12 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. Single-period inventory models are used in situations involving items that can be carried in inventory and sold in […]
Accounting Chapter 15 2 When several alternative investment proposals of the same amount are being considered, the one with the largest net present value is the most desirable
Name: Class: Date: chapter 15 Copyright Cengage Learning. Powered by Cognero. Page 14 a. 5% b. 10% c. 25% d. 15% 85. An anticipated purchase of equipment for $1,000,000, with a useful life of eight years and no residual value, […]
Management Chapter 11 1 Flow time depends not only on the actual time to perform the tasks required, but also on how many other entities are in the work-in-process stage
Name: Class: Date: chapter 11 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The philosophy and principles of the TOC are valuable in understanding demand and capacity management. a. True b. […]
Accounting Chapter 15 1 The computations required for the net present value method only uses the present value for annuity tables to determine the value of an investment
Name: Class: Date: chapter 15 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. The computations required for the net present value method only uses the present value for annuity tables to […]
Management Chapter 10 1 Harlose Suits owns more equipment than required for manufacturing goods during periods of regular demand in order to tackle sudden demand surges
Name: Class: Date: chapter 10 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. In the Theory of Constraints, constraints determine the throughput of a facility. a. True b. False 2. Long-term […]
Accounting Chapter 14 2 A department store apportions payroll costs to the various departments on the basis of the number of payroll checks issued by each department
Name: Class: Date: chapter 14 Copyright Cengage Learning. Powered by Cognero. Page 15 c. direct expenses d. variable expenses 110. The balanced scorecard measures _____. a. only financial information b. only nonfinancial information c. both financial and nonfinancial information d. […]
Management Chapter 9 1 In the context of a fairly stable time series with relatively little random variability, which of the following statements is true of single exponential smoothing
Name: Class: Date: chapter 9 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. In the context of causal forecasting models with multiple regression, an R-squared (R2) value of 0.70 means that […]
Accounting Chapter 14 1 Service department charges are similar to the expenses that would be incurred if the profit center purchased the services from outside the company
Name: Class: Date: chapter 14 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. If operating income for a division is $6,000, invested assets are $25,000, and sales are $30,000, the investment […]
Management Chapter 8 1 A Gallup study showed that there is no significant difference found in the productivities among workers who are allowed to personalize their workplaces and those who are not
Name: Class: Date: chapter 8 Copyright Cengage Learning. Powered by Cognero. Page 1 Indicate whether the statement is true or false. 1. A Gallup study showed that there is no significant difference found in the productivities among workers who are […]