Business Administration Senior Comprehensive Exam with 100% Correct Answers #1

Business Administration Senior Comprehensive Exam with 100% Correct Answers #1 Accounting: When a business erroneously records expenses as assets, it has violated the measurement issue of A. communication B. classification C. valuation D. recognition *Ans* B. classification Accounting: A dividend will reduce which of the following accounts A. dividends B. retained earnings C. common stock D. accounts payable *Ans* B. retained earnings Business Communications: Steve is trying to understand the concern of an angry customer, but the customer is so irate Steve is having a difficult time. The customer's emotion is an example of A. static B. feedback C. miscommunication D. noise E. channel deficiency *Ans* D. noise Business Communications: All of the following are true about the social process of communication except A. it requires face-to-face interaction B. it allows information exchange C. it is not an instantaneous event D. it involves two or more people E. it takes place over time *Ans* A. it requires face-to-face interaction Business Ethics: