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WPC 150 Study guides, Class notes & Summaries
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WPC 150 Exams Pack Questions & Correct Answers | Latest Update |Already Graded A+
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WPC 150 Exams Pack Questions & Correct Answers | Latest Update |Already Graded A+
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WPC 150: Accountancy Questions & Correct Answers | Latest Update |Already Graded A+
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Resources that a firm owns are called 
: assets 
When companies owe money to creditors, suppliers, and others, these outstanding 
amounts are recorded on the balance sheet as 
: liabilities. 
Accounting provides financial information that can be useful to owners, creditors, 
suppliers, employees, and investors of an organization. 
: True 
What is an example of a financial transaction? 
: A firm purchases a fire insurance policy. 
Accounting provides information about the financial condition an...
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WPC 150: WSJ Accounting Questions & Correct Answers | Latest Update |Already Graded A+
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Which of the following was a former Enron executive? 
: Jeff Skilling 
How did the Wall Street Journal reporters find out about the partnership agreements 
that Enron was engaged in? 
: SEC filings 
Which of the following is true regarding the charges brought against Ken Lay by federal 
criminal authorities? 
: Lay was charged with misleading investors, plead not guilty, was convicted in 
2006, but his conviction was vacated due to his death shortly after the trial. 
After listening to the ep...
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WPC 150: Supply Chain Management Questions & Correct Answers | Latest Update | Already Graded A+
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What is not one of the reasons that a company might spend money to move their 
facilities? 
: Better looking building 
True or False: Time utility is related to Economic utility in that products are made 
available to customers when they need them. 
: False 
True or False: An import quota increases the number of products in certain categories a 
nation can import 
: False 
True or False: Just-in-Time (JIT) is a production process in which a minimum of 
inventory is kept on the premises and p...
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WPC 150: IS – WSJ Questions & Correct Answers | Latest Update |Already Graded A+
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Within Facebook, the team that first identified this unintended side effect of the 
algorithm where employed as _____________. 
: data scientists 
What does the article suggest was Facebook's original intention behind the algorithm 
adjustment? 
: Encourage interaction rather than passive content consumption. 
True or false: the article suggests that Facebook is willing to help resolve the issues that 
the changes have caused, but the solution needs to maintain the levels of user 
engagemen...
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WPC 150: How Great Leaders Inspire Action - Simon Sinek Questions & Correct Answers | Latest Update |Already Graded A+
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Sinek uses the following examples of leaders to illustrate his main arguments: 
: •Martin Luther King, Jr. 
•Samuel Pierpont Langley 
Sinek realized goal-setting was key to inspiration. Specifically, he argued that 
motivational leaders that set specific, measurable, achievable, realistic, and time bound 
goals and never give up on them. 
: False 
Sinek's great discovery was that there is a pattern to understanding leadership; all great 
leaders think, act, and communicate in the same wa...
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WPC 150 MKT – WSJ Questions & Correct Answers | Latest Update |Already Graded A+
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In the Wall Street Journal regarding Harley Davidson's repositioning of its marketing 
strategy, Harley Davidson is: 
: Returning to making big, expensive motorcycles 
From Seth Godin's Ted Talk on How to Get Your Ideas to Spread, his primary 
contention on which products have the best chance of being talked about, what gets 
shared with others and what gets purchased is most likely correlated with which 
products are: 
: Remarkable
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WPC 150: Finance Questions & Correct Answers | Latest Update |Already Graded A+
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Costs associated with the conflicts of interest between the managers and the 
shareholders of a corporation are called: 
: agency costs. 
One way to mitigate agency problems is to include shares of company stock in 
executive compensation packages. 
: True 
Present value is defined as: 
: future cash flows discounted to the present by an appropriate discount rate. 
Understanding basic principles of finance is important for 
: All of the above 
If stock markets are efficient, which of the follo...
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WPC 150- Chapter 2, Exam Questions and answers, rated A+/ 2024/25 EXAM PREDICTION QUESTIONS/
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WPC 150- Chapter 2, Exam Questions 
and answers, rated A+ 
Huge differences in the wealth of relatively similar countries such as North and South Korea are an 
example of how different ______ and political conditions affect businesses. 
Economic 
______ is the study of the operation of a nation's economy as a whole. 
Macroeconomics 
Observing the distribution of goods and services to competing groups and understanding how society 
chooses to employ resources in this process is the study of ....
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WPC 150: Marketing Workbook, Exam Questions and answers, RATED A+/ 2024/25 EXAM PREDICTION QUESTIONS/
- Exam (elaborations) • 19 pages • 2024
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WPC 150: Marketing Workbook, Exam 
Questions and answers, RATED A+ 
Marketing is the activities, sets of institutions, and processes that add ______ for customers. 
value 
The first era in marketing was a focus on producing as much as possible because of high demand. This 
was termed the _____ era which was followed by the selling era, the marketing concept era and finally 
the customer relationship era.. 
production 
States use marketing to attract many groups. Choose the two main groups fro...
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