And Answers
After an extensive recruitment process to select well-qualified individuals, a large percent of a
company's new hires resigned within the first month of the job. Which of the following is the most likely
explanation for this situation?
(A) The training process to prepare the new hires for their assigned tasks was inadequate.
(B) The health benefits provided by the company were not competitive with those of the rest of the
industry.
(C) The starting salary for the new hires was not competitive with that of the rest of the industry.
(D) The new hires lacked the basic skills required to learn the job. - correct answer
<<<<<💕💕💕✔✔(A) The training process to prepare the new hires for their assigned tasks was
inadequate.
Prosco Ltd. employs a process cost 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. - correct answer <<<<<💕💕💕✔✔(C) It would
increase by $3.00 per unit sold.
The Sintar Corporation has just announced that it will pay $1.10 per share in dividends to its
stockholders in the current quarter. The prior quarter's dividend was $1.00 per share. The
announcement indicates which of the following?
, (A) Management is sending a signal that it expects the economy to expand.
(B) Management is sending a signal that the company has good projected future earnings.
(C) While the company was able to pay a higher dividend, management preferred a more conservative
figure.
(D) The company has overextended its cash position and may have liquidity problems in the future. -
correct answer <<<<<💕💕💕✔✔(B) Management is sending a signal that the company has good
projected future earnings.
If you were the holder of a call option (having cost you $2) on some stock with an exercise price of
$20, it would be best for you to exercise your option when the market price is at
(A) $18
(B) $20
(C) $22
(D) $24 - correct answer <<<<<💕💕💕✔✔(D) $24
Increased globalization and technological change, particularly in telecommunications, enable more
organizations to adopt which of the following organizational structures?
(A) Functional
(B) Matrix
(C) Network
(D) Mechanistic - correct answer <<<<<💕💕💕✔✔(C) Network
A new local Super Store publicly announced that when more than three people are standing in line
at cash registers, additional checkout-lines will be opened. After the announcement, customers quickly
noticed that the additional lines were not opened until six or seven people were standing in line. This
indicates a gap between
(A) customer expectation and management perception of customer expectation
(B) management perception of customer expectation and service quality specifications
(C) customer expectation and internal management communication