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Subject Area BFIN 300 MIDTERM exam (2025/2026)
Description Exam compiled from the shared exam library.
Expected Grade A+
Total Questions 200
Duration 3 hours
Learning Outcomes 1. Demonstrate mastery of core concepts
Accreditation Sourced from the shared exam library.
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,1. - ...ANSWER...Maintain a small staff of carefully chosen licensees who can work
together successfully. Reese and his staff have developed an engaging, action-
oriented listing presentation to present to potential sellers. Which component in the
marketing model does the listing presentation represent?
Answer: Communicating Sari, a licensee for Tynan Realty, is placing a listing ad in
the Presbyterian Outlook. Is this a potential fair housing violation?
2. Joe's total current assets are $278,000, his total assets are $455,000, and the equity
amount on his balance sheet is $276,000. What is the total of his liabilities?
Answer: $179,000
3. Which of the following conditions contributes to secondary hypertension?
Answer: Arterial vasoconstriction
Secondary hypertension may accompany any primary condition that affects fluid
volume or renal function or causes arterial vasoconstriction. Calcium deficiency or
acid-based imbalance does not contribute to hypertension.
4. A company has instituted a policy to prevent data leakage. The policy requires
that any data stored on USB storage devices must be encrypted with at least 256-bit
encryption. Which principle that is part of the Parkerian hexad but not the CIA
triad would be violated if one of these devices was stolen?
Answer: Confidentiality
5. protects the customers of financial institutions, essentially any company offering
financial products or services, financial or investment advice, or insurance. Requires
financial institutions to safeguard a consumer's "nonpublic personal information,"
or NPI
Answer: The Gramm-Leach-Bliley Act (GLBA)
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,6. pricing strategies -
Answer: standard commission, reduced commission, flat fees, unbundled services,
and hourly fees.
7. The is the largest cavity in the body
Answer: Abdominopelvic cavity
8. A military installation is evaluating backup solutions for its critical data. This
installation operates in a harsh environment that is subjected to heat, humidity, and
magnetic fields. Which physical media should be selected to ensure the integrity of
backups is preserved given these harsh operating conditions?
Answer: Optical media
9. Why should fuel-oil operators maintain communication with supervisors during
abnormal conditions?
Answer: Communication helps coordinate corrective actions
Communication ensures appropriate response to unsafe situations.
10. Developing and implementing a solid business plan is challenging. The challenge
can be lessened by following some key concepts. Which of the following is a concept
that applies to a good business plan?
Answer: It requires buy-in and integration throughout all levels of the
organization.
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, 11. - ...ANSWER...Your brand identity is how you visually express what your firm is;
your image is how the marketplace perceives you. In the hiring process, which step
narrows the field by identifying those applicants who don't meet the requirements of
the position?
Answer: prescreening What legal concept relates to a broker's responsibility for
licensee misconduct?
12. Why should the P-98 holder ensure operators understand emergency procedures
before performing fuel transfer duties?
Answer: Prepared operators can respond effectively during incidents
Emergency knowledge helps reduce injury and property damage.
13. - ...ANSWER...sustainability A ______ is a budget prepared by a department
that's been given the responsibility of generating enough income to cover an
allocated portion of the firm's budget and make a profit. - ...ANSWER...profit center
budget Broker Matt is evaluating the hardware and software needs of his new
brokerage. Which of the following statements regarding hardware and software
considerations is true?
Answer: The software will determine the performance requirements of the
hardware. Danny is willing to take on some risk with his new brokerage, but he
wants the support and brand recognition of an established company. Why type of
brokerage is Danny considering?
14. The most important catalysts in the human body are ........... .
Answer: Enzymes
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