ETS MFT BUSINESS EXAMETS MFT
BUSINESS FINAL EXAM 2024 ACTUAL
EXAM 2 VERSIONS (VERSION A AND B)
COMPLETE 250 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY
GRADED A+
The principal difference between variable costing and absorption costing
centers on:
a) whether variable manufacturing costs should be included as product costs
b) whether fixed manufacturing costs should be included as product costs
c) whether fixed manufacturing costs and fixed selling and administrative costs
should be included as product costs
d) none of these. - ✔✔B
General Bikes is debating which marketing research options to employ. The
traditional person-to-person methods have been effective; however, the new
director of market research is campaigning for online-based research. What
argument for this method might he/she use?
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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
,a) Consumers are more relaxed at home in front of their computers, therefore it
is more likely the responses will be truthful
b) Online research has been standardized for each industry, making it easier to
understand them
c) A well-designed, Internet-based marketing research project can cost less and
yield information faster than offline research
d) Person-to-person methods most often incorporate researcher bias into the
surveys and observations - ✔✔C
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
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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
,d) Cutting taxes - ✔✔C
A small number of people with complementary skills who are committed to a
common purpose, a set of performance goals, and an approach for which they
hold themselves mutually accountable is referred to as a
a) committee
b) task force
c) group
d) team - ✔✔D
A company is considering producing a product for a new market. The fixed costs
required for manufacturing and delivering the product is $50,000. Labor and
material costs are estimated to be approximately $25.00 per product. If the
product is sold for $35.00 each, the firm's break-even volume would be:
a) 50,000 units
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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
, b) 5,000 units
c) 2500 units
d) 500 units - ✔✔B
A problem associated with equity theory is that:
a) it focuses on providing incentives for the long run when most workers are
mainly concerned with incentives that apply to their current situation
b) managers have a hard time applying it to real-world situations because of its
abstract nature
c) worker motivation is based on perceptions of fairness, and the perceptions
workers have about their contributions are not always accurate
d) it is concerned with the nature of the job itself rather than with what
motivates the workers who perform the job - ✔✔C
4|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
BUSINESS FINAL EXAM 2024 ACTUAL
EXAM 2 VERSIONS (VERSION A AND B)
COMPLETE 250 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100%
CORRECT ANSWERS) /ALREADY
GRADED A+
The principal difference between variable costing and absorption costing
centers on:
a) whether variable manufacturing costs should be included as product costs
b) whether fixed manufacturing costs should be included as product costs
c) whether fixed manufacturing costs and fixed selling and administrative costs
should be included as product costs
d) none of these. - ✔✔B
General Bikes is debating which marketing research options to employ. The
traditional person-to-person methods have been effective; however, the new
director of market research is campaigning for online-based research. What
argument for this method might he/she use?
1|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
,a) Consumers are more relaxed at home in front of their computers, therefore it
is more likely the responses will be truthful
b) Online research has been standardized for each industry, making it easier to
understand them
c) A well-designed, Internet-based marketing research project can cost less and
yield information faster than offline research
d) Person-to-person methods most often incorporate researcher bias into the
surveys and observations - ✔✔C
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
2|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
,d) Cutting taxes - ✔✔C
A small number of people with complementary skills who are committed to a
common purpose, a set of performance goals, and an approach for which they
hold themselves mutually accountable is referred to as a
a) committee
b) task force
c) group
d) team - ✔✔D
A company is considering producing a product for a new market. The fixed costs
required for manufacturing and delivering the product is $50,000. Labor and
material costs are estimated to be approximately $25.00 per product. If the
product is sold for $35.00 each, the firm's break-even volume would be:
a) 50,000 units
3|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
, b) 5,000 units
c) 2500 units
d) 500 units - ✔✔B
A problem associated with equity theory is that:
a) it focuses on providing incentives for the long run when most workers are
mainly concerned with incentives that apply to their current situation
b) managers have a hard time applying it to real-world situations because of its
abstract nature
c) worker motivation is based on perceptions of fairness, and the perceptions
workers have about their contributions are not always accurate
d) it is concerned with the nature of the job itself rather than with what
motivates the workers who perform the job - ✔✔C
4|Page
©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.
