ETS MFT Business Exam (2 Different Versions)
Actual Exam Questions and Correct Answers Already
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ETS MFT BUSINESS EXAM (VERSION 1) COMPLETE QUESTIONS AND
VERIFIED ANSWERS ACTUAL EXAM LATEST 2026/2027 ALREADY
GRADED A+
SECTION 1: INFORMATION SYSTEMS & OPERATIONS
Question 1
Information systems are either operations or management systems. Which one of
the
following would NOT be classified as an operations system?
A) Transaction processing systems
B) Process control systems
C) Functional information systems
D) Executive support systems
1
,Correct Answer: D
Rationale: Executive support systems are management-level systems designed for
strategic decision-making by senior executives. Operations systems support day-to-
day
business operations and transactions [citation:4].
Question 2
The central processing unit (CPU) in a personal computer contains the:
A) Control unit and primary memory
B) Control unit and arithmetic/logic unit
C) Arithmetic/logic unit and bus
D) Arithmetic/logic unit only
Correct Answer: B
Rationale: The CPU consists of two main components: the control unit (which
directs
operations) and the arithmetic/logic unit (which performs calculations and logical
operations) [citation:12].
2
,Question 3
In service blueprinting, which line separates front office activities from back office
activities?
A) Line of visibility
B) Line of interaction
C) Line of support
D) Line of integration
Correct Answer: A
Rationale: The line of visibility separates the front office (customer-facing)
activities from the back office (support) activities in a service blueprint
[citation:9].
SECTION 2: ACCOUNTING & FINANCE
Question 4
In a period of rising prices, which inventory valuation method would generally
yield
3
, both the lowest ending inventory value and net income figure?
A) FIFO (First In, First Out)
B) LIFO (Last In, First Out)
C) Weighted Average
D) Standard Cost
Correct Answer: B
Rationale: Under LIFO, the most recent (higher-cost) purchases are expensed first
as
COGS, resulting in higher COGS, lower net income, and lower ending inventory
value.
FIFO yields the opposite effect in rising price environments [citation:6].
Question 5
In the statement of cash flows, the section for cash flows from operating activities
will include which of the following?
A) Dividends paid
B) Issuance of common stock
C) A decrease in accounts payable
4
Actual Exam Questions and Correct Answers Already
Graded A+ Verified Answers Latest Versions Just
Released
ETS MFT BUSINESS EXAM (VERSION 1) COMPLETE QUESTIONS AND
VERIFIED ANSWERS ACTUAL EXAM LATEST 2026/2027 ALREADY
GRADED A+
SECTION 1: INFORMATION SYSTEMS & OPERATIONS
Question 1
Information systems are either operations or management systems. Which one of
the
following would NOT be classified as an operations system?
A) Transaction processing systems
B) Process control systems
C) Functional information systems
D) Executive support systems
1
,Correct Answer: D
Rationale: Executive support systems are management-level systems designed for
strategic decision-making by senior executives. Operations systems support day-to-
day
business operations and transactions [citation:4].
Question 2
The central processing unit (CPU) in a personal computer contains the:
A) Control unit and primary memory
B) Control unit and arithmetic/logic unit
C) Arithmetic/logic unit and bus
D) Arithmetic/logic unit only
Correct Answer: B
Rationale: The CPU consists of two main components: the control unit (which
directs
operations) and the arithmetic/logic unit (which performs calculations and logical
operations) [citation:12].
2
,Question 3
In service blueprinting, which line separates front office activities from back office
activities?
A) Line of visibility
B) Line of interaction
C) Line of support
D) Line of integration
Correct Answer: A
Rationale: The line of visibility separates the front office (customer-facing)
activities from the back office (support) activities in a service blueprint
[citation:9].
SECTION 2: ACCOUNTING & FINANCE
Question 4
In a period of rising prices, which inventory valuation method would generally
yield
3
, both the lowest ending inventory value and net income figure?
A) FIFO (First In, First Out)
B) LIFO (Last In, First Out)
C) Weighted Average
D) Standard Cost
Correct Answer: B
Rationale: Under LIFO, the most recent (higher-cost) purchases are expensed first
as
COGS, resulting in higher COGS, lower net income, and lower ending inventory
value.
FIFO yields the opposite effect in rising price environments [citation:6].
Question 5
In the statement of cash flows, the section for cash flows from operating activities
will include which of the following?
A) Dividends paid
B) Issuance of common stock
C) A decrease in accounts payable
4
