FIN 101

fin 101 chapter 2 Exam questions with correct answers 2026/2027 Edition Graded A+ The power of compound interest refers to -interest being reinvested and earning additional interest. when comparing loan offers, you should use the -annual percentage rate given the choice, it is preferable to earn interest that is compounded - daily Which of the following is a better deal if you want to maximize the return on your savings? -Earning a perio

-

8 pages

Written in 2026/2027

Grade A+

Wisegrades

FIN 101 Final Exam questions with correct answers 2026/2027 Edition Graded A+ A retirement account for Not- For- Profits is called? -403- B The P/E ratio represents...... -Price of earnings An older person, perhaps age 80, would most likely have a portfolio including what particular stock? -Income Beta represents how much a company's stock price changes in relationship too..... -The

-

5 pages

Written in 2026/2027

Grade A+

Wisegrades

FIN 101 CHP 8 Exam questions with correct answers 2026/2027 Edition Graded A+ Which of the following growth valuation methods assumes no change in the dividend rate? -Zero-growth What is a dividend? -A return of profits to shareholders What is the purpose of stock valuation? -To determine the correct price for a share of stock.

-

6 pages

Written in 2026/2027

Grade A+

Wisegrades

FIN 101 Ch. 2 Exam questions with correct answers 2026/2027 Edition Graded A+ Return on your savings is called: -Interest In order to earn a higher rate of interest on your savings, you must: - Either loan your money for a longer period of time or take on more risk. What is used when com

-

7 pages

Written in 2026/2027

Grade A+

Wisegrades

FIN 101 Exam questions with correct answers 2026/2027 Edition Graded A+ The amount that you must pay on a claim before insurance comes into play? copay deductible fee for service guaranteed ability -Answer: Deductible. What should you do if the severity of risk is high and the frequency of the risk event occurring i

-

9 pages

Written in 2026/2027

Grade A+

Wisegrades

Fin 101 Exam questions with correct answers 2026/2027 Edition Graded A+ The _____ is a really good second mortgage on your home. - Home equity line of credit For a person who sometimes pays his entire credit balance and sometimes pays the minimum payment, which calculation method would be the least expensive? -average daily balance excluding new purchases

-

6 pages

Written in 2026/2027

Grade A+

Wisegrades

FIN 101 Exam Chp 1, 2, 3 Exam questions with correct answers 2026/2027 Edition Graded A+ True or false: The dividend payout ratio equals cash dividends divided by sales. FALSE Given an internal growth rate of 3 percent, a firm will ______. grow by 3 percent or less without any additional external financing 3 multiple choice options True or false: If there is a con

-

4 pages

Written in 2026/2027

Grade A+

Wisegrades

FIN 101Exam2 questions with correct answers 2026/2027 Edition Graded A+ Investing is considered a short-term activity that involves the buying and selling of securities. -False Investing and speculating are two entirely different activities. - True Two prerequisites to investing are above average risk and clear understanding of market direction. -False The major reason most people inve

-

25 pages

Written in 2026/2027

Grade A+

Wisegrades

ACC 101 Final Exam questions with correct answers 2026/2027 Edition Graded A+ Financial accounting is often referred to as a: Language of business 3 multiple choice options In what order are the following financial statements prepared? Income Statement, Statement of Stockholders Equity, Balance Sheet 3 multiple choice options Fundamental qualitative characteristics of accounting information are: Faithful representation and releva

-

45 pages

Written in 2026/2027

Grade A+

Wisegrades

BUS 101 Intro to Business Exam questions with correct answers 2026/2027 Edition Graded A+ Some global corporations are large enough to create major changes in the external environment. -False If the company wants employees to take ethical training seriously, the training should not include games. -False The philosophy of utilitarian

-

51 pages

Written in 2026/2027

Grade A+

Wisegrades

Bus 101 Exam questions with correct answers 2026/2027 Edition Graded A+ Product Orientation -a management philosophy that emphasizes the most efficient ways to produce and distribute products Contract theory -Which of the following aspects of organizational goal setting addresses the belief that a business is run by employees and managers? Some believe that profit-making objectives can be enhanced by incorporating socially responsible activities into all corporate activities -Which of ...

-

25 pages

Written in 2026/2027

Grade A+

Wisegrades

ACC 101 Chapter 2-5 Exam questions with correct answers 2026/2027 Edition Graded A+ Account A record of the business activities related to a particular item Accounting Cycle Full set of procedures used to accomplish the measurement/communication process of financial accounting Chart of Accounts A list of all account names used to record transactions of a company Credit Right side of an account. Indicates a decrease to asset, expense, or dividend accounts, and an incre

-

17 pages

Written in 2026/2027

Grade A+

Wisegrades

bus 101 chapter 1 and 2 Exam questions with correct answers 2026/2027 Edition Graded A+ economy -The sum total of all the economic activity within a given region Economics -The study of how a society uses its scarce resources to produce and distribute goods and services Microeconomics -The study of how consumers, businesses, and industries collectively determine the quantity of goods and services Maroeconomics - The study of "big picture" issues in an economy, including competiti...

-

18 pages

Written in 2026/2027

Grade A+

Wisegrades

ACC 101 chapter 1 Exam questions with correct answers 2026/2027 Edition Graded A+ Business -Is an organization in which basic resources (inputs) such as materials and labor are assembled and processed to provide goods or services (output) to customers Profit -Is the difference between the amounts received from customers for giods or services and the amounts paid for the inputs used to provide the goods or services. Service business -A business that provides a service Travel agency; phy...

-

15 pages

Written in 2026/2027

Grade A+

Wisegrades

Bus 101 – Midterm Exam questions with correct answers 2026/2027 Edition Graded A+ Describe the goals of business -ANSWERProfit!, satisfy the customer, act ethically Communism -ANSWERthe people own all the nation's resources, everyone contributes and receives benefits according to need Socialism -ANSWERthe government owns and operates basic industries

-

20 pages

Written in 2026/2027

Grade A+

Wisegrades

Bus 101 ch 3 Exam questions with correct answers 2026/2027 Edition Graded A+ Organizational Culture - ANSWER Its important to establish a set of core values with input from employees and then refer to the values as guiding principles for both large and small decisions Identify Core Values of Organization - ANSWER - recruiting and selecting promising employees who embrace those values is critical ex. Patagonia focuses its missions and messages on simplicity, utility and supporting the ...

-

11 pages

Written in 2026/2027

Grade A+

Wisegrades

accounting 101 Exam questions with correct answers 2026/2027 Edition Graded A+ Retained earnings statement -the financial statement that summarizes the changes in retained earning for a specific period of time The company's policy toward dividends and growth could best be determined by examining this Liabilities -debt and obligations of a business are referred Net income results when -revenues > exp

-

17 pages

Written in 2026/2027

Grade A+

Wisegrades

BUS 101 Exam questions with correct answers 2026/2027 Edition Graded A+ It has been often said that the prime reason for a career should be - Personal satisfaction in the work Identify career attributes are that generally considered "shallow" and "poor for personal growth/satisfaction". -High income Is often short-termed "Success is failure inside out" is a phrase that demonstrates__________. -a positive attitude A(n) ___________ is a professi

-

14 pages

Written in 2026/2027

Grade A+

Wisegrades

Accounting 101: Chapters 1-5 Key Concepts and Principles Exam questions with correct answers 2026/2027 Edition Graded A+ What is the primary objective of a business? To earn a profit. Define profit in a business context. The difference between amounts received from customers for goods and services and the amounts

-

24 pages

Written in 2026/2027

Grade A+

Wisegrades

BUS 101 Midterm Exam questions with correct answers 2026/2027 Edition Graded A+ Business functions -refer to the wide range of tasks that a business must perform in order to reach its goals. Each plays a role in the value chain of the business. Business processes -Bundles of interconnected activities that stretch across firms in the supply chain Extranets -A network that links selected resources of a company with its customers, suppliers, and other business partners, using the Internet...

-

10 pages

Written in 2026/2027

Grade A+

Wisegrades