MFT MBA Exam with 100% correct
Answers
Which of the following organizations is more likely to use project financing?
A. a small start up
B. a financial services firm w an extensive client list
C. a large consumer goods company
D. a large public utility involved in infrastructure development - Correct Answers -D.
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 w those of the rest
of the industry
C. the starting salary for the new hires was not competitive w that of the rest of the
industry
D. the new hires lacked the basic skills required to learn the job. - Correct Answers -A
Prosco 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 cost of $2. If Prosco sells the defective units to the firm for $5 each,
how would Prosco's reported income be affected?
A. It would decrease by $4.5 per unit sold
B. It would decrease by $1.50 per unit sold
C. It would increase by $3 per unit sold
D. It would increase by $5 per unit sold - Correct Answers -C
Some companies have little, if any, net income or earnings, yet they seem to have all
the money they need for capital expenditures and the like. Which of the following best
explains how such companies operate?
a. they have good cash flows
b. they lease capital equipment that does not show up on balance sheets
C. They have accounts w many different banks
D. They issue warrants to their officers - Correct Answers -A
, 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 quarters dividend was $1 per share.
The announcement indicated 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 Answers –B
An information system that enables all business departments in the same firm to share
relevant information and data is called
(A) an enterprise resource planning (ERP) system
(B) a material requirements planning (MRP) system
(C) a decision support system (DSS)
(D) a point-of-sale (POS) system - Correct Answers -A
The central processing unit (CPU) in a personal computer contains the
(A) control unit and primary memory
(B) control unit and arithmetic/logic unit
(C) arithmetic/logic unit and bus
(D) arithmetic/logic unit only - Correct Answers -B
Web 2.0 is best represented by which of the following phenomena?
A. social networking sites
B. Word processing
C. internet browsers
D. text messaging - Correct Answers -A
Family branding refers to a group of
(A) similar brands of products from different makers
(B) different brands of products from different makers within the same industry
(C) different products marketed under a single brand name
(D) similar products sold by small, family-owned firms - Correct Answers -C
30. St. Martin Hospital boasts one of the world's leading medical imaging programs. Its
radiology departments specializes in the early detection of particularly serious forms of
stomach, intestinal, and colon cancer. The hospital plans to invest in a new system of
digital medical imaging & image transmission technologies that will enable its
radiologists to view and evaluate intestinal scan results from anywhere in the world.
Answers
Which of the following organizations is more likely to use project financing?
A. a small start up
B. a financial services firm w an extensive client list
C. a large consumer goods company
D. a large public utility involved in infrastructure development - Correct Answers -D.
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 w those of the rest
of the industry
C. the starting salary for the new hires was not competitive w that of the rest of the
industry
D. the new hires lacked the basic skills required to learn the job. - Correct Answers -A
Prosco 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 cost of $2. If Prosco sells the defective units to the firm for $5 each,
how would Prosco's reported income be affected?
A. It would decrease by $4.5 per unit sold
B. It would decrease by $1.50 per unit sold
C. It would increase by $3 per unit sold
D. It would increase by $5 per unit sold - Correct Answers -C
Some companies have little, if any, net income or earnings, yet they seem to have all
the money they need for capital expenditures and the like. Which of the following best
explains how such companies operate?
a. they have good cash flows
b. they lease capital equipment that does not show up on balance sheets
C. They have accounts w many different banks
D. They issue warrants to their officers - Correct Answers -A
, 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 quarters dividend was $1 per share.
The announcement indicated 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 Answers –B
An information system that enables all business departments in the same firm to share
relevant information and data is called
(A) an enterprise resource planning (ERP) system
(B) a material requirements planning (MRP) system
(C) a decision support system (DSS)
(D) a point-of-sale (POS) system - Correct Answers -A
The central processing unit (CPU) in a personal computer contains the
(A) control unit and primary memory
(B) control unit and arithmetic/logic unit
(C) arithmetic/logic unit and bus
(D) arithmetic/logic unit only - Correct Answers -B
Web 2.0 is best represented by which of the following phenomena?
A. social networking sites
B. Word processing
C. internet browsers
D. text messaging - Correct Answers -A
Family branding refers to a group of
(A) similar brands of products from different makers
(B) different brands of products from different makers within the same industry
(C) different products marketed under a single brand name
(D) similar products sold by small, family-owned firms - Correct Answers -C
30. St. Martin Hospital boasts one of the world's leading medical imaging programs. Its
radiology departments specializes in the early detection of particularly serious forms of
stomach, intestinal, and colon cancer. The hospital plans to invest in a new system of
digital medical imaging & image transmission technologies that will enable its
radiologists to view and evaluate intestinal scan results from anywhere in the world.
