Premium Essay

Bus/475 Final Exam

In: Business and Management

Submitted By jamajam
Words 5679
Pages 23
BUS/475 Sample Final Exam

|Accounting |
|Financial accounting |
| |Conceptual foundations |
| |Income statement and statement of retained |
| |earnings |
| |Balance sheet |
| |Statement of cash flows |
|Managerial accounting |
| |Cost concepts |
| |Product costing systems |
| |Activities-based costing |
| |Cost, volume, and profit analysis |
| |Budgeting (except capital budgeting covered |
| |under finance) |
| |Standard costing |
| |Nonroutine decision making |
|International accounting* |

1. Which of the following is NOT an element of manufacturing overhead? a. Factory employee’s salary b. Depreciation on the factory c. Plant manager’s salary d. Factory repairperson’s wages

2. What accounts are NOT classified in the current assets section of the balance sheet? a. Cash b. Accounts payable c. Security deposits d. Inventory

3. The starting point of a master budget is the preparation of the a. cash budget. b. sales budget. c. production budget. d. budgeted balance sheet.

4. What amounts are not included in Gross Margin? a. Operating expenses b. Sales c. Cost of goods sold d. Commissions paid

5. At what rate is the income statement converted for US $ comparison? a. Month end b. First day of the month rate c. Average rate d. It is...

Similar Documents

Free Essay

Bus/475 Final Exam

...Brazilians get close to each other while speaking Portuguese to one another. A pat on the back is normal during conversation. Brazilians are said to be theatrical and over emotional. Brazilians use the thumbs up sign to show their means of approval. However the ok sign is very offensive to Brazilians. Eye contact is important because it shows your interest in what they are speaking about. Brazilians prefer face-to-face meetings to written communication because it allows them to know the person they are doing business. The individual they deal with is more important than the company. It is considered acceptable to interrupt someone who is speaking. French is the original language of France. Interruptions often occur while emotions run high. First names are only used by family and close friends. The French have and animated and theatrical style. A handshake is a common form of greeting. Only friends can greet each other with kiss on the cheek. Mutual trust and respect is required to get things done.  Trust is earned through proper behavior. The French are very direct because they are not afraid of asking questions. English, Mandarin, Malay, and Tamil are the national languages of Singapore. Pausing before answering to a question indicates that they have given the question appropriate thought and they response carefully. They tend to be subtle, indirect and implicit in their communications. Singaporeans rely on facial expression, tone of voice and posture to tell them what......

Words: 384 - Pages: 2

Premium Essay

Bus 475 Final Exam Study Guide

...BUS 475 Final Exam 2012 – Set 4 1) Which one of the following is a product cost? A. Indirect laborB. Sales person’s salariesC. Office salariesD. Advertising costs 2) Lucy starts her own psychiatric practice, but her expenditures to open the practice exceed her income. Lucy is a __________. A. borrower who demands money from the financial systemB. borrower who supplies money to the financial systemC. saver who supplies money to the financial systemD. saver who demands money from the financial system 3) Of the following companies, which one would not likely employ the specific identification method for inventory costing? A. Music store specializing in organ salesB. Antique shopC. Farm implement dealershipD. Hardware store 4) Which one of the following items is not generally used in preparing a statement of cash flows? A. Adjusted trial balance B. Comparative balance sheetsC. Additional informationD. Current income statement 5) The conceptual framework developed by the Financial Accounting Standards Board __________. A. was approved by a vote of all accountantsB. is viewed as providing a constitution for setting accounting standards for financial reporting C. are rules that all accountants must followD. is legally binding on all accountants 6) What is the preparation of reports for each level of responsibility in the company’s organization chart called? A. Static reportingB. Exception reportingC....

Words: 5077 - Pages: 21

Free Essay

Bus 475 Final Exam Guide 90 Questions & Answers

...BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions & Answers https://hwguiders.com/downloads/bus-475-final-exam-guide-90-questions-answers/ BUS 475 Final Exam Guide 90 Questions & Answers BUS 475 Final Exam Guide 90 Questions &......

Words: 924 - Pages: 4

Premium Essay

Bus/475 Final Exam Part 2 2016

...BUS/475 Capstone Final Examination Part 2 (47/50) 1. Which of the following is not a current liability on December 31, 2014? • A lawsuit judgment to be decided on January 10,2015 2. Continuous monitoring, in the contemporary approach, is beneficial because_____________. • It reduces time lags 3. The acquisition of treasury stock by a corporation: • decreases its total assets and total stockholders’ equity. 4. You work in marketing for a company that produces work boots. Quality control has sent you a memo detailing the length of time before the boots wear out under heavy use. They find that the boots wear out in an average of 208 days, but the exact amount of time varies, following a normal distribution with a standard deviation of 14 days. For an upcoming ad campaign, you need to know the percent of the pairs that last longer than six months-that is, 180 days. Use the empirical rule to approximate this percent. • 97.5% • % 5. __________involves ensuring proper strategic controls and organizational designs. • Strategy implementation 6. A post-closing trial balance will show: • only balance sheet accounts 7. The preparation of adjusting entries is: • needed to ensure that the expense recognition principle is followed. 8. In a simple linear regression model, if the plots on a scatter diagram lie on a straight line, what is the standard error of the estimate? • 0 9. The fraud triangle applies to: • U.S and international companies. 10....

Words: 1413 - Pages: 6

Premium Essay

Bus/475 Final Exam Part 1 2016

...1. Article 6 of the Treaty on European Union, called the Maastricht Treaty, states the EU is “founded” on: • rule of law 2. Which of the following is the path through which contractionary monetary policy works? • • Money down implies interest rate up implies investment down implies income down 3. Marketing research refers to__________. • the process of defining a marketing problem and opportunity, systematically collecting and analyzing information, and recommending actions 4. _____ is the process of converting meaning into messages composed of words and nonverbal signals. • Encoding 5. Sam, a marketing manager, often makes ethical decisions based on what others feel about those decisions. He often considers opinions from other managers and employees. Which of the following ethical systems do Sam’s decisions follow? • Relativism 6. The depreciation of currency will: • improve a country’s comparative advantage. 7. Which of the following is typically included in the drafting stage of writing an effective business message? • Setting a positive and other-oriented tone 8. If a population is known to be normally distributed, what can be said of the sample distribution of the sample mean drawn from this population? • For any sample size n, the sampling distribution of the sample mean is normally distributed. 9. Marketing refers to__________. • the activity for creating, communicating, delivering, and exchanging offerings that benefit its......

Words: 1440 - Pages: 6

Free Essay

Bshs 441 Entire Course

...Activity mode, BSHS 441 ENTIRE COURSE, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting), ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest 2014 - Devry, ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 - Grantham, BA 225, BA 260, BA 265 (Business...

Words: 1003 - Pages: 5

Free Essay

Bshs 441 Complete Class

...Activity mode, BSHS 441 COMPLETE COURSE, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting), ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest 2014 - Devry, ACCT 346 (Managerial Accounting), ACCT 346 Midterm Exam Updated DeVry, ACCT 504, ACCT 504 Week 8, ACCT 553, ART 101 Week 8, Ashford BUS 401, ASHFORD BUS 640, Ashford HIS 204, ASHFORD MAT 222 Week 3, BA 215 (Business Statistics), BA 215 All Assignments Week 1 -8 - Grantham, BA 225, BA 260, BA 265...

Words: 1003 - Pages: 5

Premium Essay

Law 531 Week 6 Presentation

...LAW 531 WEEK 6 PRESENTATION To purchase this visit here: http://www.activitymode.com/product/law-531-week-6-presentation/ Contact us at: SUPPORT@ACTIVITYMODE.COM LAW 531 WEEK 6 PRESENTATION Prepare a Powerpoint presentation of no more than 15 minutes. In week 5, I will assign teams a set or multiple sets (depending on the number of teams) the Question #(s) to answer. Your presentation should explain to the class the answers to the following questions: Question 1: Explain the term of office for board of directors. Give an account of the director’s and corporate officer’s duty of care towards the corporation. Explain Self-dealing. And finally, What is the CEO and CFO provision laid out by the Sarbanes-Oxley Act of 2002? Question 2: Distinguish between general government regulation and specific government regulation. Explain in brief the types of federal administrative agencies with examples. Distinguish between substantive rules and interpretive rules. What is a statement of policy? When are searches by administrative agencies considered reasonable? And finally, How is the general public protected from harassment by administrative agencies? Question 3: What is the United Nation’s Biosafety Protocol for genetically altered food? Give an account of the regulation of medicinal devices in the United States? What are the powers of the Consumer Product Safety Commission? Name some consumer products excluded from the purview of CPSC. Question 4: Describe the purpose......

Words: 1261 - Pages: 6

Free Essay

Leg 505 Assignment 5

...LEG 505 ASSIGNMENT 5 To purchase this visit here: http://www.activitymode.com/product/leg-505-assignment-5/ Contact us at: SUPPORT@ACTIVITYMODE.COM LEG 505 ASSIGNMENT 5 LEG 505 Assignment 5 - Recommendations to Manage Common Compliance Issues A guide to best practices for contract administration•Refer the following resources to complete this assignment: (http://www.acquisition.gov/bestpractices/bestpcont.html) As the Contract Officer, you know it is time to assemble a team to manage compliance of the contract. Create a PowerPoint presentation based on the scenario you created to bring the team you have assembled up-to-date on what has occurred thus far. Prepare a twelve to twenty (12-20) slide PowerPoint presentation with speaker notes in which you: Analyze the importance of roles and responsibilities of contracting officers and administrators. Identify the various options of administrative and judicial processes available and select the appropriate process to resolve the dispute. Analyze the importance of improving methods of creating contract schedules and using a compliance matrix in government contract situations. Present ideas for brainstorming with your team in order to develop a policy that explains the role the Contract Officer should have played in the dealings between the government and the contractor, from the time the contract was awarded through completion of the work. Recommend three (3) best practices (one [1] from each......

Words: 1265 - Pages: 6

Premium Essay

Ldr 531 Week 3 Individual Leadership Style

...LDR 531 WEEK 3 INDIVIDUAL LEADERSHIP STYLE To purchase this visit here: http://www.activitymode.com/product/ldr-531-week-3-individual-leadership-style/ Contact us at: SUPPORT@ACTIVITYMODE.COM LDR 531 WEEK 3 INDIVIDUAL LEADERSHIP STYLE The paper has two parts. 1. Select and describe a leader you admire. Your selected leader may be either a real-life individual or a fictional character from television, the movies, or a book. Using leadership theories, analyze your selected leader to identify characteristics and provide specific examples of leadership qualities you think contributed to that person's success. 2. Evaluate your own leadership style and identify your own leadership characteristics in the same way ALONG with a plan to improve upon your leadership - which could include things likeundertaking specific training, joining professional association, seeking out situations at work or as a volunteer to develop your abilities.  1500 words  Format your paper consistent with APA guidelines  Evaluate your chosen leader and yourself, based on the leadership theories.  This is a graduate program paper. Use the texts and course readings to analyze/discuss leadership style and characteristics. The texts have specific theories and models of leadership style. How does the style of your selected leader compare to such models? How do you compare to such models?  Use two peer reviewed journal article in your discussion. There is a list of suggest journals in a......

Words: 1139 - Pages: 5

Premium Essay

Mgt 521 Week 2

...MGT 521 WEEK 2 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-2/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results.  How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals?  Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis?  How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business....

Words: 2623 - Pages: 11

Premium Essay

Mgt 521 Week 5

...MGT 521 WEEK 5 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-5/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 5 Your manager tells you about a new department the company will be adding that is part of the company’s strategic plan to enter a particular market segment. Your manager would like you to manage one of the teams in this new department. Your manager has put together the team you will be managing. Your new team consists of the members of your current Learning Team. To be successful in the new market segment, your team must efficiently accomplish the goals set by the company. Your manager, therefore, would like you to develop a leadership approach for each team member on your team based on the theories of leadership and each member’s individual personalities. Write a memo to your manager of no more than 1,400 words in which you explain how you plan to successfully lead your team. Include the following:  Evaluate the individuals, including yourself, based on the personality assessment.  Evaluate the situation in terms of urgency, culture, and so forth.  Determine leadership approaches, based on individuals and the situation. Highlight the principles you have applied from various leadership theories. Format your memo consistent with APA guidelines. Click the Assignment Files tab to submit your assignment 2- Your Learning Team is a team of managers of a customer call center for timeshare vacations. Discuss,......

Words: 2512 - Pages: 11

Free Essay

Mkt 506 Week 9 Assignment 4 Strayer New

...MKT 506 WEEK 9 ASSIGNMENT 4 STRAYER NEW To purchase this visit here: http://www.activitymode.com/product/mkt-506-week-9-assignment-4-strayer-new/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 506 WEEK 9 ASSIGNMENT 4 STRAYER NEW Assignment 4: A Message Without Words Due Week 9 and worth 200 points Select one (1) of the picture ads from the Benetton advertisement images document, located in the online course shell. Assume you are the project lead at Benetton. You and your team are tasked with revitalizing a social conscious campaign to address a world issue Benetton wants to draw attention to. Write a ten to fifteen (10-15) page paper in which you: 1. Copy or re-create the picture advertisement and include it on the title page. 2. Craft a message for this image and its appeal to the public on behalf of Benetton. 3. Define the goal of this campaign and the targeted audience with supporting rationale. 4. Develop a model for the advertisement strategy you will use and briefly discuss each stage of the model. 5. Formulate an integrated marketing communications plan that communicates the message to the targeted groups. Within this plan, be sure to address: 1. The technologies used along with expected benefits of each. 2. How the message and goals will be promoted. 3. Decipher and select at least two (2) types of individuals, groups, companies, etc., that you reach out to gain support for the campaign. Be sure to discuss the expected benefits that accompany each......

Words: 1517 - Pages: 7

Premium Essay

Mgt 521 Week 3

...MGT 521 WEEK 3 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-3/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 3 MGT 521 Week 3 Career Plan Building Activity Reasoning Aptitude,MGT 521 week 3 organizational planning,Week 3 Quiz, Reflection A++ GRADED!!! Navigate to the My Career Plan in Phoenix Career Services through the My Career Plan link. Complete the Career Plan Building Activity: Reasoning Aptitude. Review the Reasoning Aptitude results page.  Add tips to your career plan by selecting the opportunities tab and click the “tips” next to the competency you want to add to your career plan.  Click the “my career plan” tab on top of your page to view your populated career plan. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Reasoning Aptitude.  What do your results tell you about your individual thinking style or your thought process range?  How does knowing this information and your Competencies and Work culture Preferences help you to understand how work is done in teams?  What adjustments can you make to your own teamwork style based on your Career Plan Building Activities? Click the Assignment Files tab to submit your assignment. 2- Review the example SWOT Analyses located in this week’s Electronic Reserve Readings to see the types of information companies include. Complete the following tasks in the University of Phoenix Material: Organizational......

Words: 1795 - Pages: 8

Free Essay

Nsci 280 Anatomy and Physiology 1 Complete Week 1

...Course Home Work - Best Home Work Tutorials NSCI 280 Anatomy and Physiology 1 Complete Week 1 Course Home Work, NSCI 280 Anatomy and  Physiology 1 Complete Week 1, Home Work Tutorials, Home Work Solutions, Home Work Essay, Home Work Questions.ACC 565 Wk 7 Assignment 3, ACC403 week 2 assignment, ACC565 Week 10, ACCT 212 (Financial Accounting),  ACCT 344 (Entire Course) - Devry, ACCT 344 Final Exam Latest...

Words: 522 - Pages: 3