1
BUSINESS MANAGEMENT ETS MFT MBA EXAM WITH
CORRECT ANSWERS
Which of the following (D) A large public utility involved in infrastructure development
organizations is most
likely to use project
financing?
(A) A small start-up
(B) A financial services firm
with an extensive client
list
(C) A large consumer
goods company
(D) A large public utility
involved in
infrastructure development
After an extensive (A) The training process to prepare the new hires for
recruitment process to their assigned tasks was inadequate.
select well-qualified
individuals, a large percent
of a company's new hires
resigned within the first
month of the job. Which of
the following is the most
likely explanation for this
situation?
(A) The training process to
prepare the new hires for
their assigned tasks was
inadequate.
(B) The health benefits
,2
provided by the
company were not
competitive with those of
the rest of the industry.
(C) The starting salary
for the new hires was
not competitive with
that of the rest of the
industry.
(D) The new hires lacked
the basic skills required to
learn the job.
, 3
Prosco Ltd. employs a (C) It would increase by $3.00 per unit sold.
process cost system.
Inspection of units occurs
at the 50 percent mark.
Defective units are then
removed from the
process, and their
cost ($4.50) is
absorbed by the good
units.
Prosco has recently been
approached by a firm
wishing to buy the
defective units for a
special use. The firm
would
require Prosco to modify
the defective units at a unit
cost of
$2.00. If Prosco sells the
defective units to the firm
for
$5.00 each, how would
Prosco's reported income
be affected?
(A) It would decrease by
$4.50 per unit sold.
(B) It would decrease by
$1.50 per unit sold.
(C) It would increase by
$3.00 per unit sold.
(D) It would increase by
$5.00 per unit sold.
BUSINESS MANAGEMENT ETS MFT MBA EXAM WITH
CORRECT ANSWERS
Which of the following (D) A large public utility involved in infrastructure development
organizations is most
likely to use project
financing?
(A) A small start-up
(B) A financial services firm
with an extensive client
list
(C) A large consumer
goods company
(D) A large public utility
involved in
infrastructure development
After an extensive (A) The training process to prepare the new hires for
recruitment process to their assigned tasks was inadequate.
select well-qualified
individuals, a large percent
of a company's new hires
resigned within the first
month of the job. Which of
the following is the most
likely explanation for this
situation?
(A) The training process to
prepare the new hires for
their assigned tasks was
inadequate.
(B) The health benefits
,2
provided by the
company were not
competitive with those of
the rest of the industry.
(C) The starting salary
for the new hires was
not competitive with
that of the rest of the
industry.
(D) The new hires lacked
the basic skills required to
learn the job.
, 3
Prosco Ltd. employs a (C) It would increase by $3.00 per unit sold.
process cost system.
Inspection of units occurs
at the 50 percent mark.
Defective units are then
removed from the
process, and their
cost ($4.50) is
absorbed by the good
units.
Prosco has recently been
approached by a firm
wishing to buy the
defective units for a
special use. The firm
would
require Prosco to modify
the defective units at a unit
cost of
$2.00. If Prosco sells the
defective units to the firm
for
$5.00 each, how would
Prosco's reported income
be affected?
(A) It would decrease by
$4.50 per unit sold.
(B) It would decrease by
$1.50 per unit sold.
(C) It would increase by
$3.00 per unit sold.
(D) It would increase by
$5.00 per unit sold.
