ETS MFT BUSINESS EXAM
ETS MFT Business Exam Study Guide
Questions and Answers 2025-2026
In marketing research, a firm might consider using secondary data because?
a. secondary data costs less
b. secondary data is more accurate
c. primary data are not specific
d. primary data are likely outdated -Correct Answer ✔a. Secondary data costs less
In organizational decision-making, managers are able to exercise the greatest
degree of discretion in the?
a. enforcement of internal policies
b. settlement of legal disputes
c. restructuring of outstanding loans
d. compliance with federal regulations -Correct Answer ✔a. Enforcement of
internal policies
The term "net working capital" refer to:
a. inventories, receivables and current notes & investments
b. assets divided by liabilities
c. current assets less (-) short term liabilities
ETS MFT BUSINESS EXAM
,ETS MFT BUSINESS EXAM
d. net assets left over after subtracting cost of goods sold (COGS) -Correct Answer
✔c. current assets less (-) short term liabilities
Dreamland Pillows: Q4: How many pillows must dreamland produce and sell each
month to earn a gross profit of $1000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of labor =$4. Fixed cost
$6000)
a. 300
b. 350
c. 600
d. 700 -Correct Answer ✔700
(20x)-(6x+4x+6000)=1000
Dreamland Pillows. Q5: Another firm can produce pillows and sell them to
Dreamland for $12 each. They can avoid labor costs, how many pillows must they
sell to make a net profit of $1,000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of labor =$4. Fixed cost $6000
(supervisory cost 2000, factory cost 4,000)
a. 417
b. 500
c. 625
ETS MFT BUSINESS EXAM
, ETS MFT BUSINESS EXAM
d. 875 -Correct Answer ✔625
20x-4000-12x=1000
(4000 is the factory cost, 12 is the new cost for "production")
Which of the following statements about tort negligence is true?
a. it cannot be used as a basis for liability for defective products
b. it is strictly tort with no defenses
c. it requires proof of some intentional conduct
d. it requires proof of breach of statutory/common-law duty -Correct Answer ✔d. It
requires proof of breach of statutory/common-law duty
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 3 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 -Correct Answer ✔c. It
documents the sequence of processing steps that take place in an information
system
ETS MFT BUSINESS EXAM
ETS MFT Business Exam Study Guide
Questions and Answers 2025-2026
In marketing research, a firm might consider using secondary data because?
a. secondary data costs less
b. secondary data is more accurate
c. primary data are not specific
d. primary data are likely outdated -Correct Answer ✔a. Secondary data costs less
In organizational decision-making, managers are able to exercise the greatest
degree of discretion in the?
a. enforcement of internal policies
b. settlement of legal disputes
c. restructuring of outstanding loans
d. compliance with federal regulations -Correct Answer ✔a. Enforcement of
internal policies
The term "net working capital" refer to:
a. inventories, receivables and current notes & investments
b. assets divided by liabilities
c. current assets less (-) short term liabilities
ETS MFT BUSINESS EXAM
,ETS MFT BUSINESS EXAM
d. net assets left over after subtracting cost of goods sold (COGS) -Correct Answer
✔c. current assets less (-) short term liabilities
Dreamland Pillows: Q4: How many pillows must dreamland produce and sell each
month to earn a gross profit of $1000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of labor =$4. Fixed cost
$6000)
a. 300
b. 350
c. 600
d. 700 -Correct Answer ✔700
(20x)-(6x+4x+6000)=1000
Dreamland Pillows. Q5: Another firm can produce pillows and sell them to
Dreamland for $12 each. They can avoid labor costs, how many pillows must they
sell to make a net profit of $1,000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of labor =$4. Fixed cost $6000
(supervisory cost 2000, factory cost 4,000)
a. 417
b. 500
c. 625
ETS MFT BUSINESS EXAM
, ETS MFT BUSINESS EXAM
d. 875 -Correct Answer ✔625
20x-4000-12x=1000
(4000 is the factory cost, 12 is the new cost for "production")
Which of the following statements about tort negligence is true?
a. it cannot be used as a basis for liability for defective products
b. it is strictly tort with no defenses
c. it requires proof of some intentional conduct
d. it requires proof of breach of statutory/common-law duty -Correct Answer ✔d. It
requires proof of breach of statutory/common-law duty
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 3 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 -Correct Answer ✔c. It
documents the sequence of processing steps that take place in an information
system
ETS MFT BUSINESS EXAM
