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MBA Exit EXAM Questions & Answers |
100% Verified solutions |Questions with
Correct Answers 2025 latest update!!
ABC analysis - (answers)inventory control system that divides the inventory into
three classes: A, B, and C, depending on the value and importance of the item
accelerated depreciation method - (answers)allows asset own to take greater
amounts of depreciation during early years of asset's life, defers some of the
taxes until later years
acceptable quality level (AQL) - (answers)quality standard that allows for a
prespecified number of defects
acceptance - (answers)an assent to an offer in accordance with its terms
accounting exposure - (answers)variability in the firm's reported values for NI and
net worth that results from changes in exchange rates
accounting rate of return - (answers)capital-budgeting criterion that relates the
returns generated by the project, as measured by average accounting profits
AFTER tax, to avg dollar size of the investment required; AKA simple ROR or
unadjusted ROR
accounts receivable turnover - (answers)annual credit sales/ avg A/R
, 2
acid test ratio - (answers)(CA-inv)/CL. more stringent measure of liquidity than
current ratio. AKA quick ratio
activity-based costing (ABC) - (answers)system that accumulates costs on the
basis of production or service activities at a firm. Assigns costs by activity and links
them to specific products
Activity-based management (ABM) - (answers)system-wide, integrated approach
that focuses mgmt's attn on activities with the objectives of improving customer
value and the profit achieved by providing this value. ABC is major source of info
for this
advertising - (answers)any paid form of non personal communication designed to
gain acceptance of the advertiser's message
advertising research - (answers)carried on as an aid or support function to the
advertising manager
after-tax cash flow - (answers)the net cash flow (cash rev- cash exp) after taxes
have been subtracted. CF generated from operations
agency relationship - (answers)consensual arrangement between 2 persons
whereby one agrees to act for the benefit of and under control of the other
person
, 3
aggregate production planning - (answers)establishment of aggregate production
and inventory levels over a medium range time horizon
american terms - (answers)method of exchange-rate quotation that gives the
value of a foreign currency in USD
amortized loan - (answers)loan that's paid off in periodic equal installments and
includes varying portions of principal and interest during its term
analysis of variances (variance analysis) - (answers)analysis and investigation of
causes for variances between std costs and actual costs. variance favorable if
actual costs < std costs. unfavorable if actual costs > std costs. need to investigate
unfavorable variances further to determine causes, so corrective action can be
taken
annual report - (answers)audited document issued annually by all publicly listed
corporations to their SH in accordance with SEC regulations. contains info on
financial results and overall performance of the previous fiscal year and
comments on future outlook
application program - (answers)computer software written specifically to process
data in an IS. Performs tasks and solves problems applicable to a manager's work
, 4
appreciation - (answers)increase in value of one currency in terms of another
currency. when dollar appreciates, can be exchanged for greater amounts of
foreign currencies
arbitrage-pricing model (APM) - (answers)theory that relates stock returns and
risk. maintains that security returns vary from their expected amounts when
there are unanticipated changes in basic economic forces (unexpected changes in
industrial production, inflation rates, terms structure of interest rates, and diff
between interest rates of high and low risk bonds)
area sampling - (answers)may be used for market research when population lists
are not available. blocks selected at random and residents are interviewed either
in total or randomly (part of market research
artificial intelligence (AI) - (answers)thinking and reasoning software based on info
inputted into it by a human expert. reasoning process involves self-correction.
significant data are evaluated and relevant relationships uncovered. computer
learns which kind of answers are reasonable and which are not. AI performs
complicated strategies that determine the best or worst way to accomplish a task
or avoid and undesirable result. Ex of applications: tax planning, capital budgeting
analysis
assembly chart - (answers)graphical method for visualizing how the various parts
and subassemblies flow into the assembly process
asset turnover - (answers)sales/assets. measure of efficiency of asset
management
MBA Exit EXAM Questions & Answers |
100% Verified solutions |Questions with
Correct Answers 2025 latest update!!
ABC analysis - (answers)inventory control system that divides the inventory into
three classes: A, B, and C, depending on the value and importance of the item
accelerated depreciation method - (answers)allows asset own to take greater
amounts of depreciation during early years of asset's life, defers some of the
taxes until later years
acceptable quality level (AQL) - (answers)quality standard that allows for a
prespecified number of defects
acceptance - (answers)an assent to an offer in accordance with its terms
accounting exposure - (answers)variability in the firm's reported values for NI and
net worth that results from changes in exchange rates
accounting rate of return - (answers)capital-budgeting criterion that relates the
returns generated by the project, as measured by average accounting profits
AFTER tax, to avg dollar size of the investment required; AKA simple ROR or
unadjusted ROR
accounts receivable turnover - (answers)annual credit sales/ avg A/R
, 2
acid test ratio - (answers)(CA-inv)/CL. more stringent measure of liquidity than
current ratio. AKA quick ratio
activity-based costing (ABC) - (answers)system that accumulates costs on the
basis of production or service activities at a firm. Assigns costs by activity and links
them to specific products
Activity-based management (ABM) - (answers)system-wide, integrated approach
that focuses mgmt's attn on activities with the objectives of improving customer
value and the profit achieved by providing this value. ABC is major source of info
for this
advertising - (answers)any paid form of non personal communication designed to
gain acceptance of the advertiser's message
advertising research - (answers)carried on as an aid or support function to the
advertising manager
after-tax cash flow - (answers)the net cash flow (cash rev- cash exp) after taxes
have been subtracted. CF generated from operations
agency relationship - (answers)consensual arrangement between 2 persons
whereby one agrees to act for the benefit of and under control of the other
person
, 3
aggregate production planning - (answers)establishment of aggregate production
and inventory levels over a medium range time horizon
american terms - (answers)method of exchange-rate quotation that gives the
value of a foreign currency in USD
amortized loan - (answers)loan that's paid off in periodic equal installments and
includes varying portions of principal and interest during its term
analysis of variances (variance analysis) - (answers)analysis and investigation of
causes for variances between std costs and actual costs. variance favorable if
actual costs < std costs. unfavorable if actual costs > std costs. need to investigate
unfavorable variances further to determine causes, so corrective action can be
taken
annual report - (answers)audited document issued annually by all publicly listed
corporations to their SH in accordance with SEC regulations. contains info on
financial results and overall performance of the previous fiscal year and
comments on future outlook
application program - (answers)computer software written specifically to process
data in an IS. Performs tasks and solves problems applicable to a manager's work
, 4
appreciation - (answers)increase in value of one currency in terms of another
currency. when dollar appreciates, can be exchanged for greater amounts of
foreign currencies
arbitrage-pricing model (APM) - (answers)theory that relates stock returns and
risk. maintains that security returns vary from their expected amounts when
there are unanticipated changes in basic economic forces (unexpected changes in
industrial production, inflation rates, terms structure of interest rates, and diff
between interest rates of high and low risk bonds)
area sampling - (answers)may be used for market research when population lists
are not available. blocks selected at random and residents are interviewed either
in total or randomly (part of market research
artificial intelligence (AI) - (answers)thinking and reasoning software based on info
inputted into it by a human expert. reasoning process involves self-correction.
significant data are evaluated and relevant relationships uncovered. computer
learns which kind of answers are reasonable and which are not. AI performs
complicated strategies that determine the best or worst way to accomplish a task
or avoid and undesirable result. Ex of applications: tax planning, capital budgeting
analysis
assembly chart - (answers)graphical method for visualizing how the various parts
and subassemblies flow into the assembly process
asset turnover - (answers)sales/assets. measure of efficiency of asset
management
