1|Page
ETS MFT BUSINESS NEWEST 2024-2025
COMPLETE 170 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW VERSION!!
A project has a net present value of zero. Which one of the
following best describes this project?
a) The project has a zero percent rate of return.
b) The project requires no initial cash investment.
c) The project has no cash flows.
d) The summation of all of the project's cash flows is zero.
e) The project's cash inflows equal its cash outflows in current
dollar terms - ANSWER- E
,2|Page
A firm that would like to know whether it has enough cash to
meet its bills would be most likely to use which category of
financial ratio?
a) Liquidity
b) Leverage
c) Efficiency
d) Profitability - ANSWER- A
A major competitor of XYZ, Inc. suddenly creates a new type of
product that makes XYZ's products obsolete. This is an example
of which type of force in the environment?
a) General environment
b) Task environment
c) Economic environment
,3|Page
d) Legal environment
e) Political environment - ANSWER- B
Which of the following is not one of the four primary functional
areas of a firm?
a) human resources
b) legal
c) marketing
d) operations - ANSWER- B
When employees use email, word processors, electronic
scheduling / calendars, they are using which of the following?
a) Transaction processing systems
b) Process control systems
, 4|Page
c) Office automation systems
d) Decision support systems - ANSWER- C
Which of the following statements about a systems flowchart is
true?
a) It is used in systems design to define and describe each piece
of data.
b) It is a method of writing programs using only three basic
constructs: sequence, selection,
and repetition.
c) It documents the sequence of processing steps that take place
in an information system.
d) It documents the logical design of an information system. -
ANSWER- C
The primary purpose of the statement of cash flows is to report
ETS MFT BUSINESS NEWEST 2024-2025
COMPLETE 170 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW VERSION!!
A project has a net present value of zero. Which one of the
following best describes this project?
a) The project has a zero percent rate of return.
b) The project requires no initial cash investment.
c) The project has no cash flows.
d) The summation of all of the project's cash flows is zero.
e) The project's cash inflows equal its cash outflows in current
dollar terms - ANSWER- E
,2|Page
A firm that would like to know whether it has enough cash to
meet its bills would be most likely to use which category of
financial ratio?
a) Liquidity
b) Leverage
c) Efficiency
d) Profitability - ANSWER- A
A major competitor of XYZ, Inc. suddenly creates a new type of
product that makes XYZ's products obsolete. This is an example
of which type of force in the environment?
a) General environment
b) Task environment
c) Economic environment
,3|Page
d) Legal environment
e) Political environment - ANSWER- B
Which of the following is not one of the four primary functional
areas of a firm?
a) human resources
b) legal
c) marketing
d) operations - ANSWER- B
When employees use email, word processors, electronic
scheduling / calendars, they are using which of the following?
a) Transaction processing systems
b) Process control systems
, 4|Page
c) Office automation systems
d) Decision support systems - ANSWER- C
Which of the following statements about a systems flowchart is
true?
a) It is used in systems design to define and describe each piece
of data.
b) It is a method of writing programs using only three basic
constructs: sequence, selection,
and repetition.
c) It documents the sequence of processing steps that take place
in an information system.
d) It documents the logical design of an information system. -
ANSWER- C
The primary purpose of the statement of cash flows is to report
