Test Answers on business finance

Principles of Business, Marketing, and Finance – Chapter 3

question contract answer a legally binding agreement between two or more people or businesses question offer answer a proposal to provide a good or service question acceptance answer means that all parties involved must agree to the terms of the contract question consideration answer means that something of value must be promised in return question […]

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Principles of Business, Marketing, and Finance – Chapter 7

question goal answer something to be achieved in a specific period of time; in business, may relate to finances, sales, production, staffing, service, etc. question policy answer outlines how company decisions are made; may include hiring practices, schedule of management meetings, and employee code of conduct question procedure answer describes how tasks should be completed; […]

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Principles of Business and Finance: 3.01 Part B

question Functions of Marketing answer marketing process Activities of marketing happen throughout the seven functions of marketing question What happens during the marketing process? answer Businesses are involved in the process of origin, pricing, promotion, and distribution of products and services. These products and services are made available in order to meet the goals of […]

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TX-Principles of Business/ Marketing and Finance A

question What is a commodity? A. Something that producers are unable to sell to consumers B. A resource that is available in unlimited quantities C. An exchange between a producer and a consumer D. Something of value that can be bought, sold, or traded answer d question What is likely to happen if the price […]

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02.03 Sharing With Uncle Sam

question Progressively answer as income rises, refers to whether the proportion of income to taxes increases, decreases, or stays the same support or use of economic policies that serve to restrict trade between countries question Indirect Taxes answer are collected when a person pays for a good or service seller must submit these taxes to […]

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03.08 Module Three Exam Answers

  question Which of the following is the most profitable investment for a candy shop that earns $1 profit per pound of candy? answer Machine with $8 per hour operating cost, producing 14 pounds of candy per hour question Use this image to answer the following question. If there are only enough strawberries to produce […]

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03.08 Module Three Exam

  question Based on this chart, what is the marginal revenue, in dollars, at quantity six jackets? answer 10 question Which of the following is the least profitable investment for a game shop earning $2 profit from every game sold? answer Electronic billboard with $20 daily operating cost, increasing sales by 20 games per day […]

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Test Answers on 02.10 Module Two Exam

  question What are stocks? answer Shares of ownership in a company that may pay dividends question The rate of return being offered by banks on money market accounts is 3% and increasing. Which of the following might cause this to happen? answer The Federal Reserve raised the federal funds rate question Calliope is in […]

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EC364: Game Theory in Economics, Business & Finance

question Backward induction answer solution concept for games in extensive forms and with finite time horizon that starts from the last decision node and works backwards to the first one. question Battle of sexes answer coordination game with at least two equilibria, none of them Pareto dominating due to the different preferences (meeting at the […]

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02.10 Module Two Exam

question “Tax bracket” is a term associated with which type of taxation? answer Progressive question The rate of return being offered by banks on money market accounts is 3% and increasing. Which of the following might cause this to happen? answer The Federal Reserve raised the federal funds rate question If an investor possesses a […]

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Business and Finance

question In California most of the funding comes from the State answer True question Most school districts in California are unified answer False question Increases or decreases to the revenue limit are determined by the district school board answer False question The property tax has historically been the major source of revenue for schools answer […]

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02.00 It All Begins With You Pre-Assessment

question Zoe’s new job will require her to drive a farther distance. She budgets 10 percent more for gas, for a total of 20 percent for gas in her new budget, but that means she must change what she is willing to spend in other categories. Which of these could represent new values in Zoe’s […]

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Chapter 1: Introduction to Healthcare Finance & Chapter 2: Healthcare Business Basics

question Healthcare Finance answer -is the practice of finance within health services organizations -includes both the accounting and financial management functions question Concerns the measurement in financial terms, of events that reflect the resources, operations, and financing of an organization answer Accounting question Provides the theory, concepts, and tools necessary to help managers make better […]

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2.01 Study Guide (Principles of Business & Finance) (Unit 2)

question Even though a company may sell shares of stock, it relies on a central body of people for financial directions. This is an example of what type of business? answer corporation question Carlos ignores minor decisions in his business even though his name is on the sign as one of the owners. This is […]

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