Glo-Bus Simulation Quiz 1 UPDATED
ACTUAL Exam Questions and CORRECT
Answers
Which two of the following financial measures are among the three factors used to determine a
company's credit rating? - CORRECT ANSWER - Its current ratio and its interest
coverage ratio
The productivity of camera/drone PATs is affected by a variety of factors that include -
CORRECT ANSWER - the size of the year-end bonus for perfect attendance, cumulative
expenditures for product R&D, increases or decreases in the number of models being assembled,
and the size of the company-paid fringe benefits package for PAT members.
Which of the following statements about your company's assembly operations for cameras and
drones is TRUE? - CORRECT ANSWER - The maximum number of cameras/drones that
can be assembled at overtime is 20% of annual PAT productivity (the number of units a
camera/drone PAT assembles each year).
1. The factors that affect a company's P/Q rating for UAV drones include - CORRECT
ANSWER - battery life, the caliber of the built-in GPS/Wi-Fi/Bluetooth components, rotor
performance and flight controller features/capabilities, number of extra performance features,
and body frame construction.
Which of the following are components of the compensation package for members of production
assembly teams? - CORRECT ANSWER - The dollar-cost of a PAT member's fringe
benefit package, assembly quality incentives ($ per unit assembled divided equally among PAT
members), year-end bonus for perfect attendance, and annual base wage
Officials at Global Community Bank, under terms of its long-term banking agreement with the
company, have agreed to lend the company additional monies should you elect to use debt to
help finance growth and other financial needs; the interest rate that will be charged on such loans
is tied to - CORRECT ANSWER - the company's current credit rating, going rates of
interest in world financial markets, and the payback period (1-year, 5-years, 10-years).
ACTUAL Exam Questions and CORRECT
Answers
Which two of the following financial measures are among the three factors used to determine a
company's credit rating? - CORRECT ANSWER - Its current ratio and its interest
coverage ratio
The productivity of camera/drone PATs is affected by a variety of factors that include -
CORRECT ANSWER - the size of the year-end bonus for perfect attendance, cumulative
expenditures for product R&D, increases or decreases in the number of models being assembled,
and the size of the company-paid fringe benefits package for PAT members.
Which of the following statements about your company's assembly operations for cameras and
drones is TRUE? - CORRECT ANSWER - The maximum number of cameras/drones that
can be assembled at overtime is 20% of annual PAT productivity (the number of units a
camera/drone PAT assembles each year).
1. The factors that affect a company's P/Q rating for UAV drones include - CORRECT
ANSWER - battery life, the caliber of the built-in GPS/Wi-Fi/Bluetooth components, rotor
performance and flight controller features/capabilities, number of extra performance features,
and body frame construction.
Which of the following are components of the compensation package for members of production
assembly teams? - CORRECT ANSWER - The dollar-cost of a PAT member's fringe
benefit package, assembly quality incentives ($ per unit assembled divided equally among PAT
members), year-end bonus for perfect attendance, and annual base wage
Officials at Global Community Bank, under terms of its long-term banking agreement with the
company, have agreed to lend the company additional monies should you elect to use debt to
help finance growth and other financial needs; the interest rate that will be charged on such loans
is tied to - CORRECT ANSWER - the company's current credit rating, going rates of
interest in world financial markets, and the payback period (1-year, 5-years, 10-years).
