Elizabeth Bates

question 1) ________ and ________ are typically the most easily identifiable aspects of a company’s business model. answer B) Value proposition; revenue model question 3) Which element of the business model addresses what a firm provides that other firms cannot? answer D) value proposition question 4) Which element of the business model refers to the […]

question According to the IRC Code 162, deductible trade or business expenses must be one of the following? A. incurred for the production of investment income B. Ordinary and necessary C. minimized D. appropriate and measurable E. personal and justifiable answer B. Ordinary and necessary question Which of the following is NOT likely to be […]

question when there is a number of people sharing ownership to a business answer corporation question exclusive control by one company over an entire industry answer monopoly question an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition. answer cartel question an oil tycoon, made lots […]

question The two broad categories of government spending are answer The purchase of goods and services and transfer payments question Since the 1930s, spending by all levels of government as a percentage of GPD answer has increased question Social Security is an example of a answer transfer payment question Which of the following would be […]

question A PowerPoint presentation consists of a series of __________ that can each contain graphics, text, and multimedia or a combination of these. answer slides question a telephone book is an example of a simple database. answer …true question Microsoft Office, Adobe Photoshop, and Turbo Tax are all examples of ________. answer retail software question […]

question Which of the following describes the Gilded Age? answer b.An era marked by personal greed and a corrupt partnership between business and politics question Which of the following development was a key factor in the rise of the Gilded Age? answer a.The growth of industrialism in the United States question Which of the following […]

question A large business environment with many users, locations, and systems is referred to as an answer enterprise question All enterprise networks must: answer Support critical applications Support converged network traffic Support diverse business needs Provide centralized administrative control question Enterprise-class equipment is designed for reliability, with features such as answer redundant power supplies and […]

question Hourly Rate answer The amount of money paid for each hour of work. question Wages answer The number of hours worked multiplied by the hourly rate. question Annual Wages answer Money earned by an employee in one year. question Estimate answer To judge the value of something w/o being exact question Renaming hours answer […]

question The case of Apcar v. Gaus illustrates that it is essential to comply with all the technicalities of a limited liability partnership statute. answer True question Corporations have perpetual existence. answer True question The most common form of business ownership is the corporation. answer False question To be a close corporation, the business must […]

question ______________ are Situations involving conflict between ethical principles or normative priorities answer ethical dilemmas question Those that determine the moral rightness or wrongness of an action based on the action’s consequences or results are _______________ answer consequentialist theories question Those that determine the moral rightness or wrongness of an action based on the action’s […]

question Sole Proprietorship answer A business owned and managed by a single individual question Which of the following is not a disadvantage of sole proprietorship answer Legal Constraints question Business organization answer An establishment formed to carry commercial enterprise. question The most prominent form of a business organization is a partnership? answer False question What […]

question Thorough testing is not required if, during the programming stage, the design documents are sufficiently detailed. answer FALSE question Documentation reveals how well the system has met its original objectives. answer FALSE question The system is not in production until conversion is complete. answer TRUE question Failure to address properly the organizational changes surrounding […]

question 1. The state prosecutes torts in a manner similar to prosecution of crimes. answer False question 2. Tort law is an important business tool. answer True question 3. Employees can be held liable for the torts of their employers according to the principle of vicarious liability. answer False question 4. Intent to commit harm […]

question A computerized jukebox of more than 700,000 works by 80,000 artists, with new ones added every day answer Music Genome Project question which includes the plans for how a firm will build, deploy, use, and share its data, processes, and MIS assets answer MIS Infrustructure question reduce costs, improve productivity, optimize business operations, generate […]

question controlling to a point of a monopoly one level of the production of a product or service (Rockefeller) answer Horizontal Consolidation/Integration question controlling the production and sale of a product or service from it’s inception as a raw material through final retail consumption (Carnegie) answer Vertical Consolidation question when a group of companies “pool” […]

question Why does the government need to regulate the free market to protect competition? answer Producers driven by the profit motive seek to reduce their competition question Which of these gives companies an anticompetitive impulse? answer The profit motive question What is one effect of the profit motive? answer It pushes companies to seek to […]

question sales for week are 3569, of which 2900 was on credit and 659 in cash sales, cost of merch sold was 1888. journal entry? answer debit COGS 1888 credit inventory 1888 question what type of account is allowance for doubtful accounts? answer contra asset question no journal entries are required for reconciling items on […]

question In Accounting the terms debit and credit mean left and right respectively answer T question The double-entry system is a logical method for recording transactions and results in equal debits and credits for each transaction. answer T question Revenue accounts normally have debit balances answer F. The normal balance of a revenue account is […]

question The employer social security tax rate is different than the employee social security tax rate. answer false question 2. A business deposits the total of gross wages in a separate payroll checking account. answer false question 3. Each employer is required by law to periodically report the payroll taxes withheld from employees salaries. answer […]

question 4 phases of the PR Conflict Cycle answer Proactive Phase, Strategic Phase, Reactive Phase, and Recovery Phase question Proactive Phase answer Monitoring media for emerging issues, Includes activities and thought processes that can prevent conflcts question Issues Management occurs when answer The organization makes behavioral changes or creates strategic plans for ways to address […]

question Abilities answer Skills one has developed question Achievement answer Something that somebody has succeeded in doing, usually with effort question Adaptability answer Capable of being modified to suit different conditions or a different purpose question Affirmation answer An assertion of support or agreement question Aptitudes answer A natural tendency to do something well, especially […]

question A key element in making your interactions successful is to: answer Recognize how you tend to communicate by asking those who know you best for feedback question Two-way communication involves: answer A sender and a receiver question A communication delivered through speech or signals is a: answer Message question The Interpersonal Communication Model contains […]