Unit 13 p2 Study guides, Revision notes & Summaries

ASSIGNMENT 1 FRONT SHEET Qualification BTEC Level 4 HND Diploma in Business Unit number and title Unit 1: Business and Business Environment Submission date Date Received 1st submission Re-submissionDate Date Received 2nd submission Student Name Student ID Class Assessor name Student declaration I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that making a false declaration is a form of ma...

1. An LP problem with a feasible region will have a. an optimal solution at some interior point. b. an optimal solution at some extreme point. c. an optimal solution only at the origin. d. an optimal solution at two interior points. ANSWER: b 2. Microsoft Excel contains a built-in optimizer called a. what-if engines. b. calculators. c. solvers. d. risk analyzers. ANSWER: c 3. Which type of spreadsheet cell represents the objective function in an LP model? a. Objective cell...

Chapter 03 Fundamentals of Cost-Volume-Profit Analysis True / False Questions 1. Both total revenues (TR) and total costs (TC) are likely to be affected by changes in the output. True False 2. Cost-volume-profit (CVP) analysis assumes that the production volume equals sales volume so that any changes in unit prices can be ignored. True False 3. The total contribution margin is the unit contribution margin multiplied by the number of units minus the fixed compo...

Financial Accounting Fundamentals, 7e (Wild) Chapter 1 Accounting in Business 1) Accounting is an information and measurement system that identifies, records, and communicates an organization's business activities. Answer: TRUE Difficulty: 1 Easy Topic: Importance of Accounting Learning Objective: 01-C1 Explain the purpose and importance of accounting. Bloom's: Remember AACSB/Accessibility: Communication/Keyboard Navigation AICPA: BB Industry; FN Decision Making 2) Recordkeeping, or bo...

Chapter 01 Accounting in Business MULTIPLE CHOICE QUESTIONS 1) Accounting is an information and measurement system that identifies, records, and communicates relevant, reliable, and comparable information about an organization's business activities. A) True B) False Answer: A Explanation: Diff: 1 Topic: Importance of Accounting Learning Objective: 01-C1 Explain the purpose and importance of accounting. Bloom's: Remember AACSB: Communication AICPA: BB Industry; FN Decision Making 2) ...

ASSIGNMENT 1 FRONT SHEET Qualification BTEC Level 4 HND Diploma in Business Unit number and title Unit 1: Business and Business Environment Submission date Date Received 1st submission Re-submissionDate Date Received 2nd submission Student Name Student ID Class Assessor name Student declaration I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that making a false declaration is a form of ma...

Chapter 3—Applications of Demand and Supply MULTIPLE CHOICE 1. A change in consumer tastes for low-carb food and a decrease in their preferences for low-fat meals does not lead to which of the following? a. An inward shift of the demand curve for low-fat meals b. An outward shift of the demand curve for low-carb food c. An increase in the amount of resources used to produce low-carb food d. A decrease in the amount of resources used to produce low-fat meals e. A reduction in t...

ECON 201 Week 6 Quiz Question 2 of 17 An industry that contains a firm that is the only producer of a good or service for which there are no close substitutes and for which entry by potential rivals is prohibitively difficult is: • A. a duopoly. • B. a monopoly. • C. an oligopoly. • D. perfect competition. Question 3 of 17 Which of the following is true in a perfectly competitive market? • A. One unit of a good or service cann...

ASVAB: Mechanical Comprehension Questions and Answers 100% Pass The wheel of a car has a diameter of 16 inches and moves a smaller wheel of 4 inches. What is the mechanical advantage gained by the system? a.)1:4 b.)4:1 c.)1:2 d.)2:1 b.)4:1 A lever a.)Reduces resistance b.)Multiplies force and changes direction c.)Transmits power from one object to another d.)Cannot move in the reverse direction b.)Multiplies force and changes direction Tension can best be called a.)A weight b....

1. The component used to switch the heat pump unit between the heating and cooling modes of operation is the ____. a. four-way valve b. bi-valve c. two-way valve d. switching valve ANSWER: a POINTS: 1 REFERENCES: Reverse-Cycle Refrigeration QUESTION TYPE: Multiple Choice HAS VARIABLES: False DATE CREATED: 3/12/2015 12:23 PM DATE MODIFIED: 12/19/2015 6:31 PM 2. An air-to-air heat pump ____ heat from the outside air and deposits it in the conditioned space. a...