1/8/26, 6:43 PM MBA Exit Exam fully solved & updated 2026(latest version verified for accuracy) (Questions + Answers) Solved 100% Correct!! Flash…
MBA Exit Exam fully solved & updated
2026(latest version verified for accuracy)
(Questions + Answers) Solved 100% Correct!!
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Practice questions for this set
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Terms in this set (178)
Acid-Test Ratio The ratio of current assets And current liabilities
also called quick ratio. The ratio equals the sum of a
company's cash, short term investments, and
accounts receivable divided by its current
liabilities. This ratio shows how well of business is
able to cover it short term obligations.
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A quick ratio of one means The most liquid assets of a business or equal to its
total deaths in the business will just manage to
repay all his debts by using its cash, marketable
securities, and accounts receivable.
A quick ratio of more than one Indicates that the most liquid assets of a business
means exceed its total debts.
A quick ratio of less than one means Indicates that a business would not be able to
repay all its debts by using its most liquid assets
net income from operations gross profit - operating expenses
change in equity equation Beginning Balance + Additional Investments=Ending
Balance
Retained Earnings Equation Beginning Retained Earnings + Net Income -
Dividends = Ending Retained Earnings
permanent accounts balance sheet accounts whose balances are
carried forward to the next accounting period
temporary accounts Revenue, expense, and dividend accounts whose
balances a company transfers to Retained Earnings
at the end of an accounting period.
The book value of an asset is equal d. asset's cost less accumulated depreciation.
to the
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, 1/8/26, 6:43 PM MBA Exit Exam fully solved & updated 2026(latest version verified for accuracy) (Questions + Answers) Solved 100% Correct!! Flash…
Which of the following organizations (D) A large public utility involved in infrastructure
is most likely development
to use project financing?
(A) A small start-up
(B) A financial services firm with an
extensive client list
(C) A large consumer goods
company
(D) A large public utility involved
ininfrastructure development
Prosco Ltd. employs a process cost (C) It would increase by $3.00 per unit sold.
system. Inspection of units occurs at
the 50 percent mark. Defective units
are then removed from the process,
and their cost ($4.50) is absorbed by
the good units. Prosco has recently
been approached by a firm wishing
to buy the defective units for a
special use. The firm would require
Prosco to modify the defective units
at a unit cost of $2.00. If Prosco sells
the defective units to the firm for
$5.00 each, how would Prosco's
reported income be affected?
(A) It would decrease by $4.50 per
unit sold.
(B) It would decrease by $1.50 per
unit sold.
(C) It would increase by $3.00 per
unit sold.
(D) It would increase by $5.00 per
unit sold.
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MBA Exit Exam fully solved & updated
2026(latest version verified for accuracy)
(Questions + Answers) Solved 100% Correct!!
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Terms in this set (178)
Acid-Test Ratio The ratio of current assets And current liabilities
also called quick ratio. The ratio equals the sum of a
company's cash, short term investments, and
accounts receivable divided by its current
liabilities. This ratio shows how well of business is
able to cover it short term obligations.
https://quizlet.com/1128433661/mba-exit-exam-fully-solved-updated-2026latest-version-verified-for-accuracy-questions-answers-solved-100-correct-fl… 1/18
,1/8/26, 6:43 PM MBA Exit Exam fully solved & updated 2026(latest version verified for accuracy) (Questions + Answers) Solved 100% Correct!! Flash…
A quick ratio of one means The most liquid assets of a business or equal to its
total deaths in the business will just manage to
repay all his debts by using its cash, marketable
securities, and accounts receivable.
A quick ratio of more than one Indicates that the most liquid assets of a business
means exceed its total debts.
A quick ratio of less than one means Indicates that a business would not be able to
repay all its debts by using its most liquid assets
net income from operations gross profit - operating expenses
change in equity equation Beginning Balance + Additional Investments=Ending
Balance
Retained Earnings Equation Beginning Retained Earnings + Net Income -
Dividends = Ending Retained Earnings
permanent accounts balance sheet accounts whose balances are
carried forward to the next accounting period
temporary accounts Revenue, expense, and dividend accounts whose
balances a company transfers to Retained Earnings
at the end of an accounting period.
The book value of an asset is equal d. asset's cost less accumulated depreciation.
to the
https://quizlet.com/1128433661/mba-exit-exam-fully-solved-updated-2026latest-version-verified-for-accuracy-questions-answers-solved-100-correct-fl… 2/18
, 1/8/26, 6:43 PM MBA Exit Exam fully solved & updated 2026(latest version verified for accuracy) (Questions + Answers) Solved 100% Correct!! Flash…
Which of the following organizations (D) A large public utility involved in infrastructure
is most likely development
to use project financing?
(A) A small start-up
(B) A financial services firm with an
extensive client list
(C) A large consumer goods
company
(D) A large public utility involved
ininfrastructure development
Prosco Ltd. employs a process cost (C) It would increase by $3.00 per unit sold.
system. Inspection of units occurs at
the 50 percent mark. Defective units
are then removed from the process,
and their cost ($4.50) is absorbed by
the good units. Prosco has recently
been approached by a firm wishing
to buy the defective units for a
special use. The firm would require
Prosco to modify the defective units
at a unit cost of $2.00. If Prosco sells
the defective units to the firm for
$5.00 each, how would Prosco's
reported income be affected?
(A) It would decrease by $4.50 per
unit sold.
(B) It would decrease by $1.50 per
unit sold.
(C) It would increase by $3.00 per
unit sold.
(D) It would increase by $5.00 per
unit sold.
https://quizlet.com/1128433661/mba-exit-exam-fully-solved-updated-2026latest-version-verified-for-accuracy-questions-answers-solved-100-correct-fl… 3/18
