ETS Major Field Test for Master of Business Administration (MFT-
MBA) Actual Exam 2026 || Most Recent Exam 2026|2027 Actual
Complete Real Exam Questions And Correct Answers (Verified
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Which of the following statements about the tort of negligence is true?
(A) It cannot be used as a basis for liability for defective products.
(B) It is a strict liability tort with no defenses.
(C) It requires proof of some intentional conduct.
(D) It requires proof of breach of a statutory or common-law duty. -
ANSWER-(C) It requires proof of some intentional conduct.
On May 31, Company O's general ledger shows a cash balance of
$5,123. The May 31 bank statement shows a balance of $4,905. Other
information is available as follows:
1. A May 31 deposit of $300 does not appear on the bank statement;
but a $3 service charge does.
2. A customer's $40 insufficient funds check has been returned with the
bank statement.
3. Outstanding checks of $10, $15, and $100 are identified on May
What is the correct cash balance on May 31?
,(A) $4,905
(B) $5,080
(C) $5,166
(D) $5,204 -ANSWER-(B) $5,080
Cash Balance 5,123.00
Service charge (3.00)
NSF Check from customer (40.00)
Correct cash balance 5,080.00
Within the context of the capital asset pricing model (CAPM), the risk
measure known as beta is often computed by regressing the return of
the company's stock against the
(A) return on the company's bonds
(B) return on the market portfolio
(C) change in the gross domestic product
(D) change in the consumer price index -ANSWER-(B) return on the
market portfolio
A project consists of 150 jobs. The expected completion time for each
job is given in days. The project has three critical paths with two jobs in
common, J and K. In order to finish the project one day early, the
completion time should be reduced one day for
,(A) each of the 150 jobs
(B) each of the jobs on the three critical paths
(C) either Job J or Job K
(D) both Job J and Job K -ANSWER-(C) either Job J or Job K
The Organization of the Petroleum Exporting Countries (OPEC) reduces
production by 10 percent, and the growth rate of the world economy
begins to escalate. How will the simultaneous occurrence of these
events affect the equilibrium price and quantity in the world petroleum
market?
(A) Price will increase, but quantity will remain unchanged.
(B) Price will increase, but quantity is indeterminate.
(C) Quantity will increase, but price is indeterminate.
(D) Both price and quantity will increase. -ANSWER-(B) Price will
increase, but quantity is indeterminate.
Which of the following would most likely occur as a result of the United
States government's imposing tariffs on foreign steel imports?
(A) The price of steel produced in the United States would decrease.
(B) The price of imported steel in the United States would decrease.
(C) Employment in the United States steel industry would increase.
, (D) Government tax revenue would fall. -ANSWER-(C) Employment in
the United States steel industry would increase.
In an economy the unemployment rate is 10 percent and the inflation
rate is 1 percent. An appropriate fiscal policy in this phase of the
business cycle would be to
(A) increase government spending
(B) increase income taxes
(C) decrease transfer payments
(D) decrease the money supply -ANSWER-(A) increase government
spending
Which of the following is an appropriate Federal Reserve action to
stimulate the United States economy?
(A) Selling government bonds on the open market
(B) Increasing the discount rate
(C) Reducing the reserve requirement
(D) Cutting taxes -ANSWER-(C) Reducing the reserve requirement
If the spread between the spot and forward exchange rates of two
currencies equals the interest rate difference between the two
countries, this phenomenon is referred to as
MBA) Actual Exam 2026 || Most Recent Exam 2026|2027 Actual
Complete Real Exam Questions And Correct Answers (Verified
Answers) Already Graded A+ | Guaranteed Success!! Newest Exam |
Just Released!!
Which of the following statements about the tort of negligence is true?
(A) It cannot be used as a basis for liability for defective products.
(B) It is a strict liability tort with no defenses.
(C) It requires proof of some intentional conduct.
(D) It requires proof of breach of a statutory or common-law duty. -
ANSWER-(C) It requires proof of some intentional conduct.
On May 31, Company O's general ledger shows a cash balance of
$5,123. The May 31 bank statement shows a balance of $4,905. Other
information is available as follows:
1. A May 31 deposit of $300 does not appear on the bank statement;
but a $3 service charge does.
2. A customer's $40 insufficient funds check has been returned with the
bank statement.
3. Outstanding checks of $10, $15, and $100 are identified on May
What is the correct cash balance on May 31?
,(A) $4,905
(B) $5,080
(C) $5,166
(D) $5,204 -ANSWER-(B) $5,080
Cash Balance 5,123.00
Service charge (3.00)
NSF Check from customer (40.00)
Correct cash balance 5,080.00
Within the context of the capital asset pricing model (CAPM), the risk
measure known as beta is often computed by regressing the return of
the company's stock against the
(A) return on the company's bonds
(B) return on the market portfolio
(C) change in the gross domestic product
(D) change in the consumer price index -ANSWER-(B) return on the
market portfolio
A project consists of 150 jobs. The expected completion time for each
job is given in days. The project has three critical paths with two jobs in
common, J and K. In order to finish the project one day early, the
completion time should be reduced one day for
,(A) each of the 150 jobs
(B) each of the jobs on the three critical paths
(C) either Job J or Job K
(D) both Job J and Job K -ANSWER-(C) either Job J or Job K
The Organization of the Petroleum Exporting Countries (OPEC) reduces
production by 10 percent, and the growth rate of the world economy
begins to escalate. How will the simultaneous occurrence of these
events affect the equilibrium price and quantity in the world petroleum
market?
(A) Price will increase, but quantity will remain unchanged.
(B) Price will increase, but quantity is indeterminate.
(C) Quantity will increase, but price is indeterminate.
(D) Both price and quantity will increase. -ANSWER-(B) Price will
increase, but quantity is indeterminate.
Which of the following would most likely occur as a result of the United
States government's imposing tariffs on foreign steel imports?
(A) The price of steel produced in the United States would decrease.
(B) The price of imported steel in the United States would decrease.
(C) Employment in the United States steel industry would increase.
, (D) Government tax revenue would fall. -ANSWER-(C) Employment in
the United States steel industry would increase.
In an economy the unemployment rate is 10 percent and the inflation
rate is 1 percent. An appropriate fiscal policy in this phase of the
business cycle would be to
(A) increase government spending
(B) increase income taxes
(C) decrease transfer payments
(D) decrease the money supply -ANSWER-(A) increase government
spending
Which of the following is an appropriate Federal Reserve action to
stimulate the United States economy?
(A) Selling government bonds on the open market
(B) Increasing the discount rate
(C) Reducing the reserve requirement
(D) Cutting taxes -ANSWER-(C) Reducing the reserve requirement
If the spread between the spot and forward exchange rates of two
currencies equals the interest rate difference between the two
countries, this phenomenon is referred to as
