Бесплатные ответы на тесты по предмету «Economics and Finance of the Organization.d» — Синергия и МТИ
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Вопрос 1Ответ открыт бесплатно
A ... is a self-employed person who owns and runs their own business as an individual.
1Sole Trader✓ Правильный ответ
2Partner
3Corporation
4Business
✓ Правильный ответ
Sole Trader
Вопрос 2
A sole trader business has a legal identity separate to its ....
1Self
2Owner
3Partner
4Boss
Вопрос 3
As a ..., you have absolute control over your business.
1Sole Trader
2Partner
3Corporation
4Business
Вопрос 4
There is a requirement to register the business with Companies House or make ongoing filings of ... with them.
1Practice
2Information
3Law
4Books
Вопрос 5
There are many shareholders to invest ....
1Time
2Capital
3Efforts
4Energy
Вопрос 6Ответ открыт бесплатно
It’s invariably not best to keep a bank account for the business that’s... to your personal accounts.
1Neglects
2Separate✓ Правильный ответ
3Copy
4Deny
✓ Правильный ответ
Separate
Вопрос 7
There are no ... to run the business, just the sole trader.
1Directors
2People
3Members
4Shareholders
Вопрос 8
Unlike the owners of a ..., however, a sole trader is personally liable for their business’s debts.
1Limited company
2Sole trader
3Partnership
4Corporate
Вопрос 9
The ... business model can be used by many types of business, but is perhaps most popular among tradesmen providing services to individuals and families.
1Limited company
2Sole trader
3Partnership
4Corporate
Вопрос 10Ответ открыт бесплатно
There are multiple partners like in a ..., so the sole trader model is usually suitable if you’re looking to go into business with someone else, sharing the responsibility and rewards.
1Limited company
2Sole trader
3Partnership✓ Правильный ответ
4Corporate
✓ Правильный ответ
Partnership
Вопрос 11
The firm invests its funds in acquiring ... as well as current assets.
1Fixed Assets
2Investing
3Rate of return
4Risk
Вопрос 12
Whenever a company is ... huge funds in an investment proposal it expects some regular amount of cash flow to meet day to day requirement.
1Fixed Assets
2Investing
3Rate of return
4Risk
Вопрос 13Ответ открыт бесплатно
The most important criteria to decide the investment proposal is ... it will be able to bring back for the company in the form of income.
1Fixed Assets
2Investing
3Rate of return✓ Правильный ответ
4Risk
✓ Правильный ответ
Rate of return
Вопрос 14
With every investment proposal, there is zero degree of ... involved.
1Fixed Assets
2Investing
3Rate of return
4Risk
Вопрос 15
The finance manager must compare all the available alternatives very carefully and then only decide where to ... the scarcest resources of the firm.
1Fixed Assets
2Invest
3Rate of return
4Risk
Вопрос 16Ответ открыт бесплатно
Working capital is a measure of a company's assets.
1Current Liabilities
2Working Capital✓ Правильный ответ
3Financial Health
4Financial managers
✓ Правильный ответ
Working Capital
Вопрос 17
The standard formula for working capital is current assets divided by ....
1Current Liabilities
2Working Capital
3Financial Health
4Financial managers
Вопрос 18
Financial managers are responsible for the ... of an organization.
1Current Liabilities
2Working Capital
3Financial Health
4Financial managers
Вопрос 19
... do not do tasks that are specific to their organization or industry.
1Current Liabilities
2Working Capital
3Financial Health
4Financial managers
Вопрос 20Ответ открыт бесплатно
... monitor and control the flow of cash that comes in and goes out of the company to meet the company's business and investment needs.
1Cash Managers✓ Правильный ответ
2Finance Managers
3Asset manager
4Property Manager
✓ Правильный ответ
Cash Managers
Вопрос 21
Every organization has its own set of long-term and short-term goals and ... that it wishes to achieve in a predetermined period of time.
1Objectives
2Equity
3Bondholders
4Stakeholders
Вопрос 22
Large companies may have a small number of ....
1Objectives
2Equity holders
3Bondholders
4Stakeholders
Вопрос 23Ответ открыт бесплатно
If the project sinks, the ... will supposedly have to participate in losses and this can result in agency problems with the stockholders and the creditors.
1Objectives
2Equity holders
3Bondholders✓ Правильный ответ
4Stakeholders
✓ Правильный ответ
Bondholders
Вопрос 24
The stakeholders of a company never have issues with other ... like customers, employees, society, and communities.
1Objectives
2Equity holders
3Bondholders
4Stakeholders
Вопрос 25
...flows are transactions involving financial assets between international entities.
1Capital
2Private
3Fixed Exchange
4Regulating
Вопрос 26Ответ открыт бесплатно
... capital flows include direct and portfolio investment made by Americans living inside and foreigners living outside the United States.
1Capital
2Private✓ Правильный ответ
3Fixed Exchange
4Regulating
✓ Правильный ответ
Private
Вопрос 27
If a country sets a ...rate target, the country can control capital flows of foreign capital to achieve the target exchange rate.
1Capital
2Private
3Fixed Exchange
4Regulating
Вопрос 28
... capital flows create less friction and ultimately increases market efficiency.
1Capital
2Private
3Fixed Exchange
4Regulating
Вопрос 29
...provide safe storage for both cash (notes and coins), as well as precious metals such as gold and silver.
1Commercial Banks
2Financial Intermediaries
3Central banks
4Stock Exchange
Вопрос 30Ответ открыт бесплатно
Some ..., such as mutual funds and investment banks, employ in-house investment specialists who help clients grow their investments.
1Commercial Banks
2Financial Intermediaries✓ Правильный ответ
3Central banks
4Stock Exchange
✓ Правильный ответ
Financial Intermediaries
Вопрос 31
The ... is one of the three fundamental financial statements and is key to both financial modeling and accounting.
1Balance Sheet
2Income Statement
3Retained Earnings
4Stock holders’ Equity
Вопрос 32
The ... is divided into 2 sides (or sections).
1Balance Sheet
2Income Statement
3Retained Earnings
4Stock holders’ Equity
Вопрос 33Ответ открыт бесплатно
The ... is one of a company’s core financial statements that shows their profit and loss over a period of 5 years together.
1Balance Sheet
2Income Statement✓ Правильный ответ
3Retained Earnings
4Stockholders' Equity
✓ Правильный ответ
Income Statement
Вопрос 34
The ... is divided into time periods that logically follow the company’s operations.
1Balance Sheet
2Income Statement
3Retained Earnings
4Stockholders' Equity
Вопрос 35
... are the portion of a business’s profits that are not distributed as dividends to shareholders but instead are reserved for reinvestment back into the business.
1Balance Sheet
2Income Statement
3Retained Earnings
4Stockholders' Equity
Вопрос 36Ответ открыт бесплатно
... are reported on the balance sheet under the assets section at the end of each accounting period.
1Balance Sheet
2Income Statement
3Retained Earnings✓ Правильный ответ
4Stockholders' Equity
✓ Правильный ответ
Retained Earnings
Вопрос 37
... represent a useful link between the income statement and the balance sheet, as they are recorded under shareholders’ equity, which connects the two statements.
1Balance Sheet
2Income Statement
3Retained Earnings
4Stockholders' Equity
Вопрос 38
... is an account on a company’s balance sheet that consists of share capital minus retained earnings.
1Balance Sheet
2Income Statement
3Retained Earnings
4Stockholders' Equity
Вопрос 39
Net income increases ....
1Balance Sheet
2Income Statement
3Retained Earnings
4Stock holders’ Equity
Вопрос 40Ответ открыт бесплатно
Amounts received by the reporting entity from transactions with its owners are referred to as share capital.
1Share Capital✓ Правильный ответ
2Income Statement
3Retained Earnings
4Stockholders' Equity
✓ Правильный ответ
Share Capital
Вопрос 41
... is a social science concerned with the production, distribution, and consumption of goods and services.
1Economics
2Scarcity
3Micro Economics
4Macro Economics
Вопрос 42
One of the earliest recorded economic thinkers was the 8th-century B.C. Greek farmer/poet Hesiod, who wrote that labor, materials, and time needed to be allocated efficiently to overcome ....
1Economics
2Scarcity
3Micro Economics
4Macro Economics
Вопрос 43Ответ открыт бесплатно
... focuses on how individual consumers and firms make decisions.
1Economics
2Scarcity
3Micro Economics✓ Правильный ответ
4Macro Economics
✓ Правильный ответ
Micro Economics
Вопрос 44
... do not study an overall economy on both a national and international level.
1Economics
2Scarcity
3Micro Economics
4Macro Economics
Вопрос 45
..., also known as paucity.
1Economics
2Scarcity
3Micro Economics
4Macro Economics
Вопрос 46Ответ открыт бесплатно
Hypothetically speaking, if every resource on earth was ..., there would still be a need for economists.
1Abundant✓ Правильный ответ
2Scarcity
3Micro Economics
4Macro Economics
✓ Правильный ответ
Abundant
Вопрос 47
Ideally, ... causes the value of commodities to depreciate.
1Abundant
2Scarcity
3Micro Economics
4Macro Economics
Вопрос 48
Countdowns also work in the context of ...time sales price.
1Abundant
2Scarcity
3Micro Economics
4Macro Economics
Вопрос 49
The Production-Possibilities Frontier refers to the idea that in a given ..., factors of production such as labor and capital are scarce.
1Economy
2Scarcity
3Micro Economics
4Macro Economics
Вопрос 50Ответ открыт бесплатно
Changes in the slope of the PPF are mainly linked to the production costs of the goods in the ....
1Economy✓ Правильный ответ
2Scarcity
3Micro Economics
4Macro Economics
✓ Правильный ответ
Economy
Вопрос 51
The ... states that the quantity demanded of a good show an indirect relationship with the price of a good when other factors are held constant.
1Law of supply
2Law of demand
3Demand
4Supply
Вопрос 52
… is not a fundamental principle in macroeconomics.
1Law of supply
2Law of demand
3Demand
4Supply
Вопрос 53Ответ открыт бесплатно
… is usually represented as a graph.
1Law of supply
2Law of demand✓ Правильный ответ
3Demand
4Supply
✓ Правильный ответ
Law of demand
Вопрос 54
There are certain types of luxury goods that violate … .
1Law of supply
2Law of demand
3Demand
4Supply
Вопрос 55
An increase in the price of goods will have a corresponding inverse increase in the … .
1Law of supply
2Law of demand
3Demand
4Supply
Вопрос 56Ответ открыт бесплатно
… depicts the producer’s behavior when the price of a good rises or falls.
1Law of supply✓ Правильный ответ
2Law of demand
3Demand
4Supply
✓ Правильный ответ
Law of supply
Вопрос 57
When there are changes in the cost of raw materials or labor to produce a unit of supply, the volume will change as well, assuming the … remains the same.
1Selling Price
2Law of demand
3Demand
4Supply
Вопрос 58
… refers to the main factor that influences the supply of a product to a greater extent.
1Law of supply
2Law of demand
3Price
4Supply
Вопрос 59
Unlike …, supply refers to the willingness of a seller to sell the specified amount of a product within a particular price and time.
1Law of supply
2Law of demand
3Demand
4Supply
Вопрос 60Ответ открыт бесплатно
The … does not depend on the stock and market price of the product.
1Law of supply
2Law of demand
3Demand
4Supply✓ Правильный ответ
✓ Правильный ответ
Supply
Вопрос 61
… is a measure of a variable's sensitivity to a change in same variable.
1Demand
2Elasticity
3Inelastic
4Price
Вопрос 62
Elasticity is predominantly used to assess the change in consumer … as a result of a change in a good or service's price.
1Demand
2Elasticity
3Inelastic
4Price
Вопрос 63Ответ открыт бесплатно
When the value of … is greater than 1.0, it suggests that the demand for the good or service is not affected by the price.
1Demand
2Elasticity✓ Правильный ответ
3Inelastic
4Price
✓ Правильный ответ
Elasticity
Вопрос 64
… elasticity is an economic measure of the sensitivity of demand relative to a change in another variable.
1Demand
2Elasticity
3Inelastic
4Price
Вопрос 65
… elasticity of supply measures the responsiveness of quantity supplied to a change in price.
1Demand
2Elasticity
3Inelastic
4Price
Вопрос 66Ответ открыт бесплатно
… supply is a change in price that causes a smaller proportional change in quantity supply.
1Demand
2Elasticity
3Inelastic✓ Правильный ответ
4Price
✓ Правильный ответ
Inelastic
Вопрос 67
… tends to be more price inelastic in the short-run as consumers don’t have time to find alternatives.
1Demand
2Elasticity
3Inelastic
4Price
Вопрос 68
In the short run demand is not likely to be more … (low = less than 1).
1Demand
2Elasticity
3Inelastic
4Price
Вопрос 69
If the … of oil increases people with petrol cars will not buy petrol.
1Demand
2Elasticity
3Inelastic
4Price
Вопрос 70Ответ открыт бесплатно
If a firm like Microsoft increases the price of Windows operating systems, in the short-term … is likely to be elastic.
1Demand✓ Правильный ответ
2Elasticity
3Inelastic
4Price
✓ Правильный ответ
Demand
Вопрос 71
Cost of production refers to the … incurred by a business to produce a specific quantity of a product or offer a service.
1Cost of Production
2Total Cost
3Variable Fixed Cost
4Average Cost
Вопрос 72
… does not include things such as labor, raw materials, or consumable supplies.
1Cost of Production
2Total Cost
3Variable Fixed Cost
4Average Cost
Вопрос 73Ответ открыт бесплатно
There is only one type of … that businesses may incur in the course of manufacturing a product or offering a service.
1Cost of Production✓ Правильный ответ
2Total Cost
3Variable Fixed Cost
4Average Cost
✓ Правильный ответ
Cost of Production
Вопрос 74
… encompasses only variable fixed costs.
1Cost of Production
2Total Cost
3Variable Fixed Cost
4Average Cost
Вопрос 75
The … refers to the total cost of production multiply by the number of units produced.
1Cost of Production
2Total Cost
3Variable Fixed Cost
4Average Cost
Вопрос 76Ответ открыт бесплатно
… is the value remaining after a company’s expenses have not been paid.
1Cost of Production
2Profit✓ Правильный ответ
3Variable Fixed Cost
4Average Cost
✓ Правильный ответ
Profit
Вопрос 77
… is the value that remains after the cost of sales, or cost of goods sold (COGS), has been deducted from sales revenue.
1Profit
2Net Profit
3Gross Profit
4Operating Profit
Вопрос 78
…, also called Earnings Before Interest and Taxes (EBIT), is the value that remains after all operating expenses have been deducted from revenue.
1Profit
2Net Profit
3Gross Profit
4Operating Profit
Вопрос 79
Cash flow and … are both important metrics when evaluating a company’s performance, and each has its pros and cons as a metric.
1Profit
2Net Profit
3Gross Profit
4Operating Profit
Вопрос 80Ответ открыт бесплатно
Costs that vary with the level of production are called … .
1Cost of Production
2Total Cost
3Variable Cost✓ Правильный ответ
4Average Cost
✓ Правильный ответ
Variable Cost
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