Posts by Sean Hill:
question Sole Proprietorship answer Unincorporated business owned by one person -Owner has total control -Owner has limited liability -Profits taxed directly as income (keeps all profits) question Sole Proprietorship: + & – answer +Ease of creation (“start-up”) +Owner has total management control +Owner retains profits -Personal liability -Funding limited to personal funds and loans question […]
Read morequestion Fiscal Policy answer Changed in federal taxes/government purchases that are intended to achieve macroeconomics goals question What does Fiscal Policy Exclude? answer Does not include state or local government changes, taxes/spendings that are not intended to achieve macroeconomic goals question Automatic Stabilizer answer Types of government spending and taxes that automatically increases and decreases […]
Read morequestion Which of the following characteristics is included in leading people? answer -Motivating -Influencing -Directing question ___________ is the tendency to attribute to an individual the characteristics one believes are typical of the group to which that individual belongs. answer Stereotyping question ___________ is the extent to which you feel positively or negatively about various […]
Read morequestion A term policy designed to pay off the mortgage balance in the event of the borrower’s death answer mortgage life insurance question a clause in a life insurance policy that typiclally doubles or triples the policy’s face amount if the insured dies in an accident answer multiple indemnity clause question a life insurance feature […]
Read morequestion In the postoperative phase of abdominal surgery, the client reports severe abdominal pain. In the second postoperative day, the client’s bowel sounds are absent. What does the nurse suspect? a) Paralytic ileus b) Normal response c) Abdominal infection d) Hernia development answer Paralytic ileus Explanation: A potential complication after surgery is paralytic ileus, a […]
Read morequestion planning answer process of identifying and selecting an organization’s objectives and deciding how the organization will achieve those objectives question strategy answer set of planned actions taken by managers to help a company meet its objective question mission statement answer written statement of why a company exists and what it plans to accomplish question […]
Read morequestion The majority of businesses today are formed as____ answer sole proprietorships question Sole proprietors have ___ for the debts of their companies answer unlimited liability question Historically, the three basic forms of business ownership in the United states have been the:___ answer sole proprietorship, partnership, and corporation question Which of the following is not […]
Read morequestion contract answer a legally enforceable agreement that is created when two or more competent parties agree to perform, or to avoid performing, certain acts that they have a legal right to do and that meet certain legal requirements; “a promise for a promise”; state law enforces contracts question tangible personal property answer part of […]
Read morequestion Importing answer Buying products from another country question Exporting answer Selling products to another country question Free Trade answer The movement of goods and services among nations without political or economic barriers question Comparative Advantage Theory answer Theory that states that a country should sell to other countries those products that it produces most […]
Read morequestion Business ethics answer Commonly accepted beliefs and principles in the business community for acceptable behavior question Caring answer Understanding interests of others, cultivating a sense of community, and denizen accountability question Character answer Reputation for staying true to commitments made to stakeholders and adhering to high moral and ethical values question Code of conduct […]
Read morequestion message benefits, learning styles, and communicator styles answer Analyze presentation audiences in terms of question How Will Audience Members Benefit from the Product, Service, or Ideas I Am Proposing? *In particular, focus on benefits that fulfill an unmet need. answer the single most important question you can use to guide you as you design […]
Read morequestion Business for Social Responsibility (BSR) answer A national business association of companies seeking to implement policies and practices that contribute to the companies’ sustained and responsible success. question community obligations answer Responsibilities that business has to the community in which it is located. question corporate citizenship answer The responsibilities that companies must perform in […]
Read morequestion Parturition answer 1. the process of giving birth question Roughages answer 2. feeds high in fiber question Expected Progeny Differences answer 3. a number estimate of breeding potential for characteristics such as gain, muscling and maternal and carcass traits question Body condition score answer 4. a number which describes the level of flesh or […]
Read morequestion Hawkins requested permission to communicate with the predecessor auditor and review certain portions of the predecessor auditor’s working papers. The prospective client’s refusal to permit this will bear directly on Hawkins’ decision concerning the A. Adequacy of the preplanned audit program B. Ability to establish consistency in application of accounting principles between years C. […]
Read morequestion Hoyt’s Sector Model answer Focuses on residential patterns explaining where the wealthy in a city choose to live. He argued that the city grows outward from the center, so a low-rent area could extend all the way from the CBD to the city’s outer edge, creating zones which are shaped like pieces of a […]
Read morequestion Stock Acquisitions answer • One company controls the activities of another company usually through owning a majority of its voting stock • Parent Company = controlling company • Subsidiary = acquired company • Non-controlling Interest (formerly the minority interest) – stockholders who remain owners of the acquired company 0 other shareholders of subsidiary question […]
Read morequestion The basic elements of a financial accounting system include a framework for preparing financial statements. answer TRUE question The accounting equation is expressed as follows: Assets = Liabilities + Stockholders’ Equity. answer TRUE question Any given transaction must affect at least two different parts of the accounting equation. answer FALSE question Dividends are an […]
Read morequestion resources owned by a business answer assets question amounts owed to creditors in the form of debt and other obligations answer liabilities question the amounts earned on the sale of a companys product, is the increase in assets or decrease in liabilities answer revenue question are the cost of assets consumed or services used […]
Read morequestion Which of the following is NOT required in the Outline of Coverage for a health insurance policy? answer Projection of the policy’s future costs ( “Projection of the policy’s future costs”. A table indicating the policy’s projected future costs is not required in an Outline of Coverage. question A person insured under a health […]
Read morequestion 44. Which of the following was designed to allow GM to operate ethically in South Africa as long as the company did not obey the apartheid laws in its own South African operations? A. Sullivan principles B. The righteous moral system C. Noblesse oblige D. Cultural relativism answer A. Sullivan principles question 45. Identify […]
Read morequestion Why do you want to do the Walt Disney World College Program? answer Always been a dream of mine meet new people develop professional skills question What does Disney mean to you? answer Christmas morning/ happiest day of my life question How will the college program help you professionally? answer As a theatre major […]
Read morequestion psychoneuroimmunology answer study of how psychological, neural, and endocrine processes together affect the immune system and resulting health. question coping answer Process by which a person takes some action to manage, master, tolerate, or reduce environmental or internal demands that cause or might cause stress and that tax the individual’s inner resources question problem-focused […]
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