Archives: Quiz
978-0073512051 Test Bank Chapter 8
c8 1. It has been argued that ______________ of public relations programs have been evaluated effectively. 2. Evaluating __________________ may involve examining the adequacy of the background information gathered, the appropriateness of the message content and format, and the quality […]
978-0073512051 Test Bank Chapter 7
c7 1. Individuals in __________________ have direct contact with the primary audience and can pass messages along to them. 2. ____________________ are groups that share a common goal or guiding philosophy and can make an impact on the primary public. […]
978-0073512051 Test Bank Chapter 6
c6 1. _____________________ public relations involves anticipating needs and planning to meet goals. 2. Planning permits the development of integrated public relations efforts that support an organizations goals in a positive rather than a _______________ manner. A. defensive B. proactive […]
978-0073512051 Test Bank Chapter 5
c5 1. The process of issues management must be informed at every stage by ______________. 2. Which of the following is an example of using secondary research? A. Moderating a focus group to test new slogans B. Surveying local opinion […]
978-0073512051 Test Bank Chapter 4
c4 1. Nonprofits for the first time received endorsement to use advertisements to discuss matters of public relations following what 1964 US Supreme Court case? A. First National Bank of Boston v. Belloti B. Consolidated Edison Company of New York […]
978-0073512051 Test Bank Chapter 3
c3 1. A ____________ is a prediction of how events and actions are related. 2. _____________ looks at organizations as made up in interrelated parts that adapt and adjust to changes in the environment in which they operate. A. systems […]
978-0073512051 Test Bank Chapter 2
c2 1. The creation in the 17th century of the Congregatio de Propoganda by ____________________ is often cited as keystone in the development of public relations. 2. In 1758, __________________ issued the first press release. A. Princeton B. Samuel Adams […]
978-0073512051 Test Bank Chapter 16
c16 2. A target _________ is used when the goal is to talk about communal issues. A. audience B. public C. market D. media Lattimore – Chapter 16 #2 3. A target ________ is used when communication is geared to […]
978-0073512051 Test Bank Chapter 15
c15 1. A nonprofit organization calls monies that are not spent on overhead and operating expenses _________. 2. Which of the following is TRUE about nonprofit organizations? A. focus on fulfilling educational mission B. focus on fulfilling charitable mission C. […]
978-0073512051 Test Bank Chapter 14
c14 1. Public affairs efforts include ____________________________. 2. In relation to business and the economy, _________ plays a variety of roles including referee, rule maker, engineer, provider, customer and controller. A. public relations B. public affairs C. government D. government […]
978-0073512051 Test Bank Chapter 13
c13 1. What was the first major case dealing with insider trading? 2. The money with which other resources can be purchased is known as ________. A. revenue B. cash flow C. expenses D. capital E. profit margin Lattimore – […]
978-0073512051 Test Bank Chapter 12
c12 1. _________ is one of the most powerful ingredients in any organization’s marketing mix. 2. What did Carnival Cruise Lines use to deal with the crisis when one of its ships was damaged by fire? A. Called a news […]
978-0073512051 Test Bank Chapter 11
c11 1. What must successful corporations do to succeed? 2. What did residents living near Pier 40 in Manhattan, New York say no to? A. Walgreen’s B. McDonald’s C. Cirque du Soleil D. Wal-Mart E. Hooters Lattimore – Chapter 11 […]
978-0073512051 Test Bank Chapter 10
c10 1. The labor projections for 2018 include all but which of the following 2. How public relations professionals in corporations, counseling firms and nonprofit organizations help promote effective communication among employees and between line employees and top management is […]
978-0073512051 Test Bank Chapter 1
c1 1. Public relations is a ___________________________ function that helps achieve organizational objectives, defines philosophy, and facilitates organizational change. 2. _____________ is the oldest and largest professional association serving public relations practitioners. A. Internal Association of Business Communicators B. Professional […]
978-1337398169 Test Bank Chapter 9 Part 10
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 90 POINTS: 1 DIFFICULTY: Bloom’s: Applying Moderate QUESTION TYPE: Subjective Short Answer HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.09–01 – LO: 09–01 ACCREDITING STANDARDS: ACCT.ACBSP.APC.13 – […]
978-1337398169 Test Bank Chapter 9 Part 9
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 81 Company A Company B Company C Company D Sales $5,000,000 $720,000 $900,000 $1,040,000 Beginning fixed assets $450,000 $275,000 $290,000 $380,000 Ending fixed assets $800,000 […]
978-1337398169 Test Bank Chapter 9 Part 8
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 71 LEARNING OBJECTIVES: FNMN.WAJO.19.09–02 – LO: 09–02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.13 – Long-term Assets Reporting ACCT.AICPA.FN.03 – Measurement BUSPROG: Analytic DATE CREATED: 7/22/2017 6:24 PM DATE […]
978-1337398169 Test Bank Chapter 9 Part 7
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 61 (c) Accumulated Depreciation—Machinery 8,000 Cash 8,000 POINTS: 1 DIFFICULTY: Moderate Bloom’s: Remembering QUESTION TYPE: Subjective Short Answer HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.09–01 – […]
978-1337398169 Test Bank Chapter 9 Part 6
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 51 Easy QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.09–03 – LO: 09–03 ACCREDITING STANDARDS: ACCT.ACBSP.APC.13 – Long-term Assets Reporting ACCT.AICPA.FN.03 – Measurement […]
978-1337398169 Test Bank Chapter 9 Part 5
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 41 ANSWER: c RATIONALE: Depletion Rate = Cost of Resource / Estimated Total Units of Resource = $1,600,000 / 400,000 = $4 Depletion Expense = […]
978-1337398169 Test Bank Chapter 9 Part 4
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 31 DATE CREATED: 7/22/2017 6:23 PM DATE MODIFIED: 10/16/2017 5:33 PM 81. Equipment with a cost of $220,000 has an estimated residual value of $30,000 […]
978-1337398169 Test Bank Chapter 9 Part 3
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 21 POINTS: 1 DIFFICULTY: Bloom’s: Remembering Easy QUESTION TYPE: True / False HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.09–03 – LO: 09–03 ACCREDITING STANDARDS: ACCT.ACBSP.APC.13 – […]
978-1337398169 Test Bank Chapter 9 Part 2
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 11 b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy Bloom’s: Remembering QUESTION TYPE: True / False HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.09–02 – LO: 09–02 […]
978-1337398169 Test Bank Chapter 9 Part 1
Chapter 09 – Long-Term Assets: Fixed and Intangible Copyright Cengage Learning. Powered by Cognero. Page 1 1. Long-lived assets that are intangible in nature, used in the operations of the business, and not held for sale in the ordinary course […]
978-1337398169 Test Bank Chapter 8 Part 10
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 88 d. a decrease in assets and a decrease in stockholders’ equity (expense) ANSWER: c ANSWER: (a) Year 1: $956,000 ÷ [($120,500 + $110,000) ÷ 2] = 8.3 Year […]
978-1337398169 Test Bank Chapter 8 Part 9
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 81 Current assets: Cash $ 56,000 Accounts receivable $325,000 Allowance for doubtful accounts (25,000) 300,000 Inventory 45,000 Supplies 4,000 Interest receivable 3,000 Other current assets 10,000 Total current assets […]
978-1337398169 Test Bank Chapter 8 Part 8
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 71 Origination Face Term Interest Maturity Interest April 18 days (30-12) days May 31 days June 30 days July 31 days August 10 days Total 120 days (b) $40,800 […]
978-1337398169 Test Bank Chapter 8 Part 7
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 61 BUSPROG: Analytic DATE CREATED: 7/22/2017 6:23 PM DATE MODIFIED: 10/16/2017 5:23 PM 160. At the end of the current year, Accounts Receivable has a balance of $750,000; Allowance […]
978-1337398169 Test Bank Chapter 8 Part 6
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 51 b. $30,500 and $525,000 c. $19,500 and $525,000 d. $30,500 and $25,000 ANSWER: a RATIONALE: Bad debt expense = Uncollectible accounts estimate − Unadjusted allowance for doubtful accounts […]
978-1337398169 Test Bank Chapter 8 Part 5
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 41 DATE CREATED: 7/22/2017 6:23 PM DATE MODIFIED: 10/16/2017 5:23 PM 98. When comparing the direct write-off method and the allowance method of accounting for uncollectible receivables, a major […]
978-1337398169 Test Bank Chapter 8 Part 4
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 31 HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.08–04 – LO: 08–04 ACCREDITING STANDARDS: ACCT.ACBSP.APC.12 – Receivables Reporting ACCT.AICPA.FN.03 – Measurement BUSPROG: Analytic DATE CREATED: 7/22/2017 6:23 PM DATE MODIFIED: 10/16/2017 […]
978-1337398169 Test Bank Chapter 8 Part 3
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 21 POINTS: 1 DIFFICULTY: Bloom’s: Remembering Easy QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.08–02 – LO: 08–02 ACCREDITING STANDARDS: ACCT.ACBSP.APC.12 – Receivables Reporting ACCT.AICPA.FN.03 – Measurement […]
978-1337398169 Test Bank Chapter 8 Part 2
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 11 DATE CREATED: 7/22/2017 6:23 PM DATE MODIFIED: 10/16/2017 5:23 PM 28. A primary difference between the direct write-off and allowance method is whether or not bad debts is […]
978-1337398169 Test Bank Chapter 8 Part 1
Chapter 08 – Receivables Copyright Cengage Learning. Powered by Cognero. Page 1 1. Receivables not currently collectible are reported in the investments section of the balance sheet. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy Bloom’s: Remembering QUESTION […]
978-1337398169 Test Bank Chapter 7 Part 10
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 88 DATE CREATED: 10/5/2017 4:28 PM ANSWER: Allowing the custom frame specialist to take orders, fulfill them, and collect the cash is an internal control weakness. […]
978-1337398169 Test Bank Chapter 7 Part 9
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 81 Petty Cash 235.00 Cash 235.00 (b) Office Supplies 74.50 Miscellaneous Administrative Expense 92.75 Miscellaneous Selling Expense 18.60 Cash Short and Over 6.35 Cash 192.20 (c) […]
978-1337398169 Test Bank Chapter 7 Part 8
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 71 ACCREDITING STANDARDS: ACCT.ACBSP.APC.11 – Bank Reconciliation ACCT.AICPA.FN.03 – Measurement BUSPROG: Analytic Balance per bank $16,750 Balance per company records 16,125 Bank service charges 80 Deposit […]
978-1337398169 Test Bank Chapter 7 Part 7
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 61 Easy QUESTION TYPE: Subjective Short Answer HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.07-03 – LO: 07–03 ACCREDITING STANDARDS: ACCT.ACBSP.APC.06 – Recording Transactions ACCT.ACBSP.APC.15 – Current Assets […]
978-1337398169 Test Bank Chapter 7 Part 6
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 51 DIFFICULTY: Moderate Difficulty: Moderate Bloom’s: Remembering QUESTION TYPE: Matching HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.07-05 – LO: 07–05 ACCREDITING STANDARDS: ACCT.ACBSP.APC.11 – Bank Reconciliation ACCT.AICPA.FN.03 […]
978-1337398169 Test Bank Chapter 7 Part 5
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 41 = $6,435 POINTS: 1 DIFFICULTY: Challenging Bloom’s: Applying QUESTION TYPE: Multiple Choice HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.07-05 – LO: 07–05 ACCREDITING STANDARDS: ACCT.ACBSP.APC.11 – […]
978-1337398169 Test Bank Chapter 7 Part 4
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 31 LEARNING OBJECTIVES: FNMN.WAJO.19.07-05 – LO: 07–05 ACCREDITING STANDARDS: ACCT.ACBSP.APC.11 – Bank Reconciliation ACCT.AICPA.FN.03 – Measurement BUSPROG: Analytic DATE CREATED: 7/22/2017 6:21 PM DATE MODIFIED: 10/16/2017 […]
978-1337398169 Test Bank Chapter 7 Part 3
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 21 55. When a firm uses internal auditors, it is adhering to which of the following internal control elements? a. risk assessment b. monitoring c. proofs […]
978-1337398169 Test Bank Chapter 7 Part 2
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 11 28. In preparing a bank reconciliation, the amount of a canceled check omitted from the journal is added to the balance per company’s records. a. […]
978-1337398169 Test Bank Chapter 7 Part 1
Chapter 07 – Internal Control and Cash Copyright Cengage Learning. Powered by Cognero. Page 1 1. The Sarbanes-Oxley Act applies only to companies whose stock is traded on public exchanges. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy […]
978-1337398169 Test Bank Chapter 6 Part 12
Chapter 06 – Inventories Copyright Cengage Learning. Powered by Cognero. Page 111 (2) 37.56 days d. (1) 10.53 times (2) 34.56 days ANSWER: b RATIONALE: (1) Inventory turnover = Cost of goods sold/Average inventory Inventory turnover = $894,000/[($78,000 + $92,000)/2] […]
978-1337398169 Test Bank Chapter 6 Part 11
Chapter 06 – Inventories Copyright Cengage Learning. Powered by Cognero. Page 101 Average cost periodic: Average cost: $56,412.50/2,300 units = $24.53 Gross profit: Total sales $56,975.00 Lesscost of goods sold 36,431,25 Gross profit $20,543.75 POINTS: 1 DIFFICULTY: Bloom’s Applying Challenging […]
978-1337398169 Test Bank Chapter 6 Part 10
Chapter 06 – Inventories Copyright Cengage Learning. Powered by Cognero. Page 91 (d) yes (e) no (f) yes POINTS: 1 DIFFICULTY: Moderate Bloom’s: Remembering QUESTION TYPE: Subjective Short Answer HAS VARIABLES: False LEARNING OBJECTIVES: FNMN.WAJO.19.06-07 – LO: 06–07 ACCREDITING STANDARDS: […]
978-1337398169 Test Bank Chapter 6 Part 9
Chapter 06 – Inventories Copyright Cengage Learning. Powered by Cognero. Page 81 Calculate the cost of the ending inventory at June 30, using (a) the first-in, first-out (FIFO) method and (b) the last-in, first-out (LIFO) method. Identify the quantity, unit […]
978-1337398169 Test Bank Chapter 6 Part 8
Chapter 06 – Inventories Copyright Cengage Learning. Powered by Cognero. Page 71 *Cost of goods available for sale: 60 units at $145 $ 8,700 90 units at $150 13,500 75 units at $154 11,550 225 units (at average cost of […]