81) _____ costs relate to more than one product and cannot be separately identified with an individual product
A. Joint
B. Bundle
C. Allocable
D. Common
82) Which statements describe the principal reason(s) why investors and creditors use financial statement analysis? 1. To assess the risks associated with expected returns 2. To establish recommended dividend and interest payments 3. To evaluate top and middle level management 4. To predict the amount of expected returns
A. 3 and 4
B. 1 and 4
C. 1, 2, and 3
D. 1 and 2
83) The _____ is also called the statement of financial position.
A. statement of retained earnings
B. balance sheet
C. statement of cash flow
D. income statement
84) _____ are profitability ratios.
A. Earnings per share and dividend yield
B. Dividend payout and rate of return in invested capital
C. Price earnings and current ratio
D. Gross profit rate and return on sales
85) The _____ is not one of the three major financial statements.
A. balance
B. income statement
C. statement of equity position
D. statement of cash flows
86) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?
A. Mexico
B. China
C. Ecuador
D. Canada
E. Japan
87) The theory of business social responsibility that holds that a business owes duties solely to produce the highest return for its shareholders is:
A. The stakeholder interest theory.
B. The moral minimum theory.
C. The corporate citizenship theory.
D. The maximizing profits theory.
E. The social audit theory.
88) Diversity training programs are generally intended to provide a vehicle for _____.
A. eliminating group learning
B. increasing awareness and examining stereotypes
C. balancing work/life conflicts
D. focusing on individual differences
E. socializing otherwise unmanageable employees
89) One study found that manufacturing labor costs about ___ an hour in China, compared to ____ dollars in the United States.
A. Less than $1; about 25
B. Less than $1; about 15
C. $2; about 25
D. About $2; about 15
E. Less than $1; about 40
90) Although the U.S. has had a longstanding agreement with ___________, after the passage of NAFTA, _________ became the United States' second largest trading partner.
A. Canada, Venezuela
B. Canada, Mexico
C. Mexico, Canada
D. Mexico, Venezuela
E. Great Britain, Paraguay
Total 500 Questions from 5 set of actual exams (5 sets x 100 questions) with double checked answers
final exam str 581
str 581 final exam answers
str 581 final exam
str 581 final
