81) In a process cost system,
A. a Work in Process account is maintained for each process.
B. a materials requisition must identify the job on which the materials will be used.
C. one Work in Process account is maintained for all the processes, similar to a job order cost system.
D.a Work in Process account is maintained for each product.
82) _____ 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
83) 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
84) Financial statements are helpful to predict the future performance of a company for all of the following reasons except _____.
A. financial statements are required to give formal projections of management's assessment of the next period's financial results
B. the assets and liabilities of a company provide clues to a company's future prospects
C. past performance is often a good indicator of future performance
D. the evaluation of management's past performance gives clues to its ability to generate future returns
85) A local retail shop has been operating as a sole proprietorship. The business is growing and now the owner wants to incorporate. Which of the following is not a reason for this owner to incorporate?
A. ability to raise capital for expansion
B. the ease in transferring shares of the corporation’s stock
C. the prestige of operating as a corporation
D. desire to limit the owner’s personal liability
86) Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?
A. Japan
B. Ecuador
C. China
D. Mexico
E. Canada
87) Which of the following might a company consider to help employees address work-life conflicts?
A. keeping work-related travel reasonable
B. relocation assistance
C. tie manager pay to customer satisfaction
D. offering off-site quality child-care
E. reducing workloads
88) Which of the following is not one of the Caux Round Table Principles for International Business?
A. Avoidance of Illicit Operations.
B. Responsibility of Business Beyond Shareholders Toward Stakeholders.
C. Respect for the Environment.
D. Promotion of Multiculturalism.
E. Support for Multilateral Trade.
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 15
B. Less than $1; about 40
C. $2; about 25
D. Less than $1; about 25
E. About $2; about 15
90) Diversity training programs are generally intended to provide a vehicle for _____.
A. increasing awareness and examining stereotypes
B. socializing otherwise unmanageable employees
C. balancing work/life conflicts
D. eliminating group learning
E. focusing on individual differences
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
100 % A+ Correct answers !! Double Checked
str 581 final exam answers
str 581 final exam
str 581 final
