MBA EXIT COMPREHENSIVE EXAMINATION
TEST 2026 COMPLETE QUESTIONS AND
CORRECT ANSWERS
◉Bait and Switch Advertising. Answer: Promoting a low-priced item
to attract customers to whom the business then tries to sell a higher
priced item
◉balance of payments. Answer: An account that shows Exports-
Imports
◉Balance of trade. Answer: unit of the balance of payments that
reflects the value of all goods imported and exported by any nation
◉Balanced Scorecard. Answer: using multiple measures to evaluate
managerial performance, allows determination as to whether a
manager is achieving certain objectives at the expense of others that
may be equally or more important
◉Benchmarking. Answer: searching for new and better procedures
by comparing your own procedures to that of the very best
,◉beta coefficient. Answer: measure of risk based on the sensitivity
of an individual stock's returns to changes in the returns of a broad
stock market index; systematic risk, market, undiversifiable, and
relative risk
◉bond rating. Answer: ratings assigned by an agency that provides
assessment of bond's credit risk
◉Book Value. Answer: cost - accumulated depreciation
◉break-even analysis. Answer: CVP analysis that determines the
break even sales; Total Cost= Total Rev, no profit or loss
◉break-even point. Answer: Level of sales rev that equals total
variable and FC for a given volume of output
◉Budgeting models. Answer: Helps mgmt look at "what-if" factors,
provides a basis for choice among alternatives under conditions of
uncertainty
◉Business cycle. Answer: Fluctuations in economic activity, such as
employment and production
, ◉Business ethics. Answer: standards by which business activities
can be judged as morally right or wrong
◉Business Process Reengineering. Answer: approach aimed at
making revolutionary changes by eliminating non-value added steps
in a biz process
◉Business strategies. Answer: Focus on how to compete in a given
business.
◉Buying power index. Answer: An indicator of a market's overall
retail potential and is composed of weighted measures of effective
buying income, retail sales, and population size
◉C2B e-commerce. Answer: when an individual sells products and
services to a business
◉C2C e-commerce. Answer: consumer-to-consumer activity through
the Internet
◉capacity. Answer: rate at which work is capable of being produced
◉Capital account. Answer: Components of a BOP, that shows net
flow (inflows-outflows of investment capital)
TEST 2026 COMPLETE QUESTIONS AND
CORRECT ANSWERS
◉Bait and Switch Advertising. Answer: Promoting a low-priced item
to attract customers to whom the business then tries to sell a higher
priced item
◉balance of payments. Answer: An account that shows Exports-
Imports
◉Balance of trade. Answer: unit of the balance of payments that
reflects the value of all goods imported and exported by any nation
◉Balanced Scorecard. Answer: using multiple measures to evaluate
managerial performance, allows determination as to whether a
manager is achieving certain objectives at the expense of others that
may be equally or more important
◉Benchmarking. Answer: searching for new and better procedures
by comparing your own procedures to that of the very best
,◉beta coefficient. Answer: measure of risk based on the sensitivity
of an individual stock's returns to changes in the returns of a broad
stock market index; systematic risk, market, undiversifiable, and
relative risk
◉bond rating. Answer: ratings assigned by an agency that provides
assessment of bond's credit risk
◉Book Value. Answer: cost - accumulated depreciation
◉break-even analysis. Answer: CVP analysis that determines the
break even sales; Total Cost= Total Rev, no profit or loss
◉break-even point. Answer: Level of sales rev that equals total
variable and FC for a given volume of output
◉Budgeting models. Answer: Helps mgmt look at "what-if" factors,
provides a basis for choice among alternatives under conditions of
uncertainty
◉Business cycle. Answer: Fluctuations in economic activity, such as
employment and production
, ◉Business ethics. Answer: standards by which business activities
can be judged as morally right or wrong
◉Business Process Reengineering. Answer: approach aimed at
making revolutionary changes by eliminating non-value added steps
in a biz process
◉Business strategies. Answer: Focus on how to compete in a given
business.
◉Buying power index. Answer: An indicator of a market's overall
retail potential and is composed of weighted measures of effective
buying income, retail sales, and population size
◉C2B e-commerce. Answer: when an individual sells products and
services to a business
◉C2C e-commerce. Answer: consumer-to-consumer activity through
the Internet
◉capacity. Answer: rate at which work is capable of being produced
◉Capital account. Answer: Components of a BOP, that shows net
flow (inflows-outflows of investment capital)
