BAT EXAM Sample Questions
In marketing research a firm might consider using secondary data over primary data because correct answersecondary data usually cost less
In organizational decision making, managers are able to exercise the greatest degree of discretion in the correct answerenforcement of internal policies
The term "net working capital" refers to correct answercurrent assets less short-term liabilities
Which of the following statements about the tort of negligence is true? correct answerit requires proof of breach of a statutory or common-law duty
Which of the following statements about a systems flowchart is true? correct answerit documents the sequence of processing steps that take place in an information system
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 companys stock against the correct answerreturn 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 correct answereither Job J or Job K
The Organization of the Petroleum Exporting Countries 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? correct answerprices will increase, but quantity is indeterminate Which of the following would most likely occur as a result of the United States governments imposing tariffs on foreign steel imports? correct answeremployment in the US 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 correct answerincrease government spending
Which of the following is an appropriate Federal Reserve action to stimulate the US economy? correct answerreducing the reserve retirement
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 correct answerinterest-pay parity
A firm that would like the know whether it has enough cash to meet its bills would be most likely to use which category of financial ratios? correct answerliquidity
In a period of rising prices, which inventory valuation method would generally yield both the lowest ending inventory value and the lowest net income figure? correct answerlast in, first out (LIFO)
In the statement of cash flows, the section for cash flows from operating activities will include which of the following? correct answera decrease in accounts payable
All of the following are true regarding a sellers right to reduce legal liability in the sale of nonconsumer goods EXCEPT: correct answerthe seller can disclaim all implied warranties by simply stating that there are no implied warranties
A small number of people with complementary skills who are committed to a common purpose, a set pf performance goals, and an approach for which they hold themselves mutually accountable is referred to
as a correct answerteam
In marketing research a firm might consider using secondary data over primary data because correct answersecondary data usually cost less
In organizational decision making, managers are able to exercise the greatest degree of discretion in the correct answerenforcement of internal policies
The term "net working capital" refers to correct answercurrent assets less short-term liabilities
Which of the following statements about the tort of negligence is true? correct answerit requires proof of breach of a statutory or common-law duty
Which of the following statements about a systems flowchart is true? correct answerit documents the sequence of processing steps that take place in an information system
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 companys stock against the correct answerreturn 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 correct answereither Job J or Job K
The Organization of the Petroleum Exporting Countries 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? correct answerprices will increase, but quantity is indeterminate Which of the following would most likely occur as a result of the United States governments imposing tariffs on foreign steel imports? correct answeremployment in the US 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 correct answerincrease government spending
Which of the following is an appropriate Federal Reserve action to stimulate the US economy? correct answerreducing the reserve retirement
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 correct answerinterest-pay parity
A firm that would like the know whether it has enough cash to meet its bills would be most likely to use which category of financial ratios? correct answerliquidity
In a period of rising prices, which inventory valuation method would generally yield both the lowest ending inventory value and the lowest net income figure? correct answerlast in, first out (LIFO)
In the statement of cash flows, the section for cash flows from operating activities will include which of the following? correct answera decrease in accounts payable
All of the following are true regarding a sellers right to reduce legal liability in the sale of nonconsumer goods EXCEPT: correct answerthe seller can disclaim all implied warranties by simply stating that there are no implied warranties
A small number of people with complementary skills who are committed to a common purpose, a set pf performance goals, and an approach for which they hold themselves mutually accountable is referred to
as a correct answerteam
