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Questions in business

[Free] 7. From the following information regarding the year to 31 March 20X6, what are the current and quick ratios? Sales: NLE 5,320 Cost of sales: 10,420 Opening inventory: 3,200 Closing inventory: 4,100 Payables at 31 August 20X6: 3,121 Current ratio: A. 2.62, B. 2.62, C. 3.86, D. 4.62 Quick ratio: A. 1.89, B. 3.84, C. 2.56, D. 3.32 8. Which one of the following choices is included in the statement of financial position of an entity? A. Share capital, retained earnings, assets and liabilities B. Share capital, dividends paid, revenue and assets C. Assets, liabilities, profit on disposals of non-current assets and share capital D. Dividends paid, assets, discounts and liabilities 9. Sales are NLE260,000. Purchases are NLE150,000. Opening inventory is NLE22,000. Closing inventory is NLE26,000. What is the inventory turnover? A. 5.6 times B. 10 times C. 7 times D. 10.8 times 10. Which accounting body issues IFRS standards? A. The Auditing Practices Board B. The Stock Exchange C. The International Accounting Standards Board D. The government

[Free] True or False? Class 2 High Visibility clothing must be the outermost layer of clothing when on the trailer yard.

[Free] Question 8 Working papers include the following (more than 1 option is correct): A) Approval from Contracts team towards non-standard LoE B) Information received from client C) Project cost sheet D) Analysis performed by KPMG resources E) Detailed workings to arrive at final deliverables/report

[Free] Ideally, what percentage of clients should engage with a backend offer at some point over the course of their relationship with a trainer? A. 50% B. 25% C. 100% D. 75% E. 35% It is harder to sell in a one-on-one setting than in a group of people. True False When closing a sale in a group, you need to look for the person most likely to commit. True False

[Free] The table below shows the marginal revenue and costs for a monopolist. Demand, Costs, and Revenues | Price (dollars) | Quantity Demanded | Marginal Revenue (dollars) | Marginal Cost (dollars) | Average Total Cost (dollars) | |---|---|---|---|---| | $130 | 200 | $110 | $25 | $139.00 | | 120 | 300 | 90 | 32 | 103.30 | | 110 | 400 | 70 | 40 | 87.50 | | 100 | 500 | 50 | 50 | 80.00 | | 90 | 600 | 30 | 62 | 77.00 | | 80 | 700 | 10 | 77 | 77.00 | What is the monopolist's profit at the profit-maximizing level of output? A. $10,000 B. $80,000 C. $50,000 D. $0

[Free] 12. How does unearned revenue arise? Why can it be classified properly as a current liability? Give several examples of business activities that result in unearned revenues. 13. What are compensated absences?

[Free] Which of the following is an essential guideline for writing a resume? A. Use your recent photo to make it authentic B. Limit your resume to a maximum of two pages C. Write in your own handwriting D. Include a detailed personal biography

[Free] When is the dominating style most effectively utilized? A. When both parties are equal in status B. When collaboration is required C. When a quick decision is needed for a trivial matter D. When the issue is complex

[Free] Which of the following is not a component included in a standard business plan? A. executive summary B. employee summary C. market analysis D. financial analysis

[Free] A single person earns a gross biweekly salary of $840 and claims 5 exemptions. How will federal taxes affect his net pay? a. Federal taxes will not affect the net pay. b. Net pay will increase $11 from the gross pay. c. Net pay will decrease $11 from the gross pay. d. Net pay will decrease $13 from the gross pay.