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Can anyone help with these questions? 11. Nearly a week before Hurricane Katrina reached New Orleans, Wal-Mart began moving trucks and supplies into position, as specified in the company's ________ plan. A. contingency B. operational C. tactical D. strategic 12. The country Artesia exported products totaling $86 billion last year. During the year, Artesia imported products valued at $43 billion. Artesia has a/an A. exchange rate of 2 to 1. B. trade surplus of $43 billion. C. unfavorable balance of payments. D. trade deficit of $43 billion. 13. Mario is part of a strategic planning team. He has identified that his company is the low-cost producer in its industry. This should be listed on a SWOT analysis as a/an A. threat. B. weaknesses. C. strength. D. opportunity. 14. The salesperson's task of identifying potential customers is known as A. selection. B. demonstration. C. follow-up. D. prospecting. 15. Omar, an electrician for Quality Builders, is paid $35 for each hour he works during the day. After 5 p.m. and on weekends, he is paid the overtime rate of one and one-half times the regular hourly rate. Omar is paid a A. wage. B. bonus. C. commission. D. salary. 16. The method of determining the minimum sales volume needed at a certain price level to cover all costs is A. market share analysis. B. equilibrium pricing. C. breakeven analysis. D. return on sales. 17. If you seek to determine the value of one nation's currency relative to the currencies of other countries, you should isolate the nation's A. exchange rate. B. governmental surplus. C. countertrading activity. D. international current module. 18. In the U.S. economy, ________ are considered the reward for the risk of entering business. A. liabilities B. profits C. sales D. revenues 19. One way for a country to obtain an absolute advantage in marketing a product outside its borders is to . A. produce the good at the lowest cost. B. adopt many trade restrictions. C. revalue the currency. D. enter into an orderly marketing agreement. 20. Ida works on creating ways to ensure that customers receive goods at the right time and correct location. Ida is involved in her firm's ________ strategy. A. promotion B. transportation C. pricing D. product 21. Which of the following represents the basic accounting equation? A. Assets = Liabilities + Owners' Equity B. Liabilities = Assets + Owners' Equity C. Assets + Liabilities = Owners' Equity D. Owners' Equity - Liabilities = Assets 22. The rate the Fed charges member banks for short-term loans is called the A. discount rate. B. federal funds rate. C. reserve requirement. D. margin rate. 23. _______ planning involves choosing specific work targets and assigning employees and teams to carry out plans. A. Contingency B. Strategic C. Tactical D. Operational 24. Student A says that if you're going to prepare alternative course of action, you need to do strategic planning. Student B says that if you're going to prepare alternative courses of action, you need to do contingency planning. Which student is correct? A. Student B only B. Student A only C. Neither D. Both 25. The curve that shows the relationship between different prices and the quantity requested at each price is the ________ curve. A. demand B. supply C. equilibrium D. buying 26. A company includes an "instant coupon" as part of a product's package, giving the buyer a reduction off the retail price. What is the company attempting to do? A. Stabilize sales B. Accentuate product value C. Provide information D. Increase sales 27. Price auctions on eBay are an example of A. entertainment. B. information. C. communication. D. e-business. 28. Television is an attractive advertising medium because it A. offers a rapidly growing network audience. B. offers mass coverage and flexibility. C. is relatively inexpensive. D. provides instant feedback which can be used to measure effectiveness. 29. Joe is developing the marketing mix for his company's new line of power tools. A brand name, price, and distribution system have been decided. Now Joe is concentrating his efforts on developing the best advertising plan for the product line. The advertising plan is part of Joe's ________ strategy. A. production B. pricing C. product D. promotional 30. According to the doctrine of supply, the amount _______ will increase as the _______ increases. A. demanded; cheapness B. bought; cost C. sold; demand D. supplied; price 31. If you're developing a human resource inventory, you should exclude which of the following? A. Perpetual inventory B. Names End of exam C. Education D. Capabilities 32. Team diversity is often established in a ________ team, by bringing together the expertise of members from various functions in the organization. A. self-managed B. problem-solving C. cross-functional D. working 33. What is the name for a complex form of bartering in which several countries may be involved, each trading goods for goods or services for services? A. Countertopping B. Exchange activity C. Currency fluctuations D. Countertrading
Farewell company purchased merchandise with an invoice price of $2000 and credit terms of 2/10, n/30. Assuming a 360 day year, what is the implied annual interest rate inherent in the credit terms?
The accumulated depreciation account had a balance of $105,000 on January 1, 2008, using the straight-line method. The gain or loss on disposal is
Prepare the necessary journal entry to close the overhead account if the balance is considered immaterial.
what circumstances lead to the recording of a deferred tax asset.
Folding Squid Technologies initiated a just-in-time inventory system in 2007. Now the production manager, Chan Ziaou, wants to apply the same principles to the entire production process. His recommendation is the firm adopt a:
A bank quotes certificate of deposit (CD) yields both as annual percentage rates (APR) without compounding and as annual percentage yields (APY) that include the effects of monthly compounding.
Determing ending inventory, cost of goods sold under FIFO, LIFO and Average. Which cost flow method results in lowest inventory amount for the balance sheet, and the lowest cost of goods sold for the income statement.
The raw materials and work in process inventories decreased by $4,000 and $3,000, respectively. The total manufacturing costs used in the computation of cost of goods manufactured during the month of April was:
Discuss generally how revenue should be recognized at interim dates and specifically how revenue should be recognized for industries subject to large seasonal fluctuations in revenue and for long-term contracts using the percentage-of-completion m..
Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its unit costs are as follows.
St. Joseph hospital has overall variable costs of 30% of total revenue and fixed costs of 42 million per year. Compute the break-even point expressed in total revenue.
Explain the Assignment of Income Doctrine (AID) and the "fruit-of-the-tree" doctrine. What role does the AID play in our federal income tax system, and what could be done to avoid or reduce income taxes if the AID did not exist?
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