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CSC 101:Questions & Answers
CSC 101:Questions & Answers 
**How is data stored on optical disks? - ANSWER: A laser beam encodes digital data onto an 
optical disk in the form of tiny pits arranged in concentric tracks on the disk's surface 
Abstraction - ANSWER: a mental model that removes complex details 
Access Time - ANSWER: Seek Time + Latency 
Algorithm - ANSWER: Set of steps for solving a problem 
ALU - ANSWER: Performs basic arithmetic operations; performs logical operations 
Analog Data - ANSWER: A continuous repre...
- Exam (elaborations)
- • 8 pages •
CSC 101:Questions & Answers 
**How is data stored on optical disks? - ANSWER: A laser beam encodes digital data onto an 
optical disk in the form of tiny pits arranged in concentric tracks on the disk's surface 
Abstraction - ANSWER: a mental model that removes complex details 
Access Time - ANSWER: Seek Time + Latency 
Algorithm - ANSWER: Set of steps for solving a problem 
ALU - ANSWER: Performs basic arithmetic operations; performs logical operations 
Analog Data - ANSWER: A continuous repre...
CSC 101:Questions & Answers
CSC 101:Questions & Answers 
! - ANSWER: This operator has the highest precedence. 
!= - ANSWER: Which of the following is the "not equal to" relational operator? 
'A' - ANSWER: a valid char value. 
'B' - ANSWER: Suppose that ch1, ch2, and ch3 are variables of the type char and the input is: 
A B 
C 
What is the value of ch3 after the following statements execute? 
 
(ch1); 
(ch2); 
(ch3); 
'W' - ANSWER: Suppose that ch1 and ch2 are char variables and the input is: 
 
WXYZ 
 
What i...
- Exam (elaborations)
- • 22 pages •
CSC 101:Questions & Answers 
! - ANSWER: This operator has the highest precedence. 
!= - ANSWER: Which of the following is the "not equal to" relational operator? 
'A' - ANSWER: a valid char value. 
'B' - ANSWER: Suppose that ch1, ch2, and ch3 are variables of the type char and the input is: 
A B 
C 
What is the value of ch3 after the following statements execute? 
 
(ch1); 
(ch2); 
(ch3); 
'W' - ANSWER: Suppose that ch1 and ch2 are char variables and the input is: 
 
WXYZ 
 
What i...
FIN 302 Q&A
FIN 302 Q&A 
1. Because common shareholders are entitled to the profits that remain after all of the 
corporation's other obligations have been met, common shareholder are known as. - ANSWER: 
Residual Owners 
2. If stocks earn an average rate of return of 12% their value dollars ever - ANSWER: 6 Years 
3. Which one of the following statements about common stock is true? - ANSWER: Common 
stock can provide attractive capital appreciation opportunities 
4. A market correction is defined as a sto...
- Exam (elaborations)
- • 10 pages •
FIN 302 Q&A 
1. Because common shareholders are entitled to the profits that remain after all of the 
corporation's other obligations have been met, common shareholder are known as. - ANSWER: 
Residual Owners 
2. If stocks earn an average rate of return of 12% their value dollars ever - ANSWER: 6 Years 
3. Which one of the following statements about common stock is true? - ANSWER: Common 
stock can provide attractive capital appreciation opportunities 
4. A market correction is defined as a sto...
FIN 302: QUESTIONS & ANSWERS
FIN 302: QUESTIONS & ANSWERS 
. Assume that you are considering the purchase of a 20-year, noncallable bond with an annual 
coupon rate of 9.5%. The bond has a face value of $1,000, and it makes semiannual interest 
payments. If you require an 10.7% nominal yield to maturity on this investment, what is the 
maximum price you should be willing to pay for the bond? 
a. 
$721.44 
b. 
$910.81 
c. 
$901.80 
d. 
$874.74 
e. 
$1,000.99 - ANSWER: ANSWER: C 
Par value 
$1,000 
Coupon rate 
9.5% 
Periods/...
- Exam (elaborations)
- • 36 pages •
FIN 302: QUESTIONS & ANSWERS 
. Assume that you are considering the purchase of a 20-year, noncallable bond with an annual 
coupon rate of 9.5%. The bond has a face value of $1,000, and it makes semiannual interest 
payments. If you require an 10.7% nominal yield to maturity on this investment, what is the 
maximum price you should be willing to pay for the bond? 
a. 
$721.44 
b. 
$910.81 
c. 
$901.80 
d. 
$874.74 
e. 
$1,000.99 - ANSWER: ANSWER: C 
Par value 
$1,000 
Coupon rate 
9.5% 
Periods/...
FIN 302: QUESTIONS & ANSWERS
FIN 302: QUESTIONS & ANSWERS 
A company can't spend its Net Income. Explain why. - ANSWER: 1. Net income is based on 
accrual accounting, not cash, can't spend an accrual 
A company is buying a warehouse and has arranged a loan to finance it. It calculated this 
project's NPV using the loan's interest rate to discount the cash flows. Discuss. - ANSWER: 1. 
Separate investment and financing 
A firm has excess cash that it temporarily invests in Treasury Bills yielding 3%. If the company's 
W...
- Exam (elaborations)
- • 7 pages •
FIN 302: QUESTIONS & ANSWERS 
A company can't spend its Net Income. Explain why. - ANSWER: 1. Net income is based on 
accrual accounting, not cash, can't spend an accrual 
A company is buying a warehouse and has arranged a loan to finance it. It calculated this 
project's NPV using the loan's interest rate to discount the cash flows. Discuss. - ANSWER: 1. 
Separate investment and financing 
A firm has excess cash that it temporarily invests in Treasury Bills yielding 3%. If the company's 
W...
Supply Chain Management Question & Answers
Supply Chain Management Question & Answers 
________ identifies the difference between the planned production/inventories and the actual 
values. - ANSWER: Variance from plan 
________ measures the average time between when an order is placed and the product arrives. - 
ANSWER: Supply lead time 
________ measures the incremental costs that are independent of the size of the order. - 
ANSWER: Incremental fixed cost per order 
________ typically measures the cost of bringing product into a facilit...
- Exam (elaborations)
- • 14 pages •
Supply Chain Management Question & Answers 
________ identifies the difference between the planned production/inventories and the actual 
values. - ANSWER: Variance from plan 
________ measures the average time between when an order is placed and the product arrives. - 
ANSWER: Supply lead time 
________ measures the incremental costs that are independent of the size of the order. - 
ANSWER: Incremental fixed cost per order 
________ typically measures the cost of bringing product into a facilit...
FIN CH 3: Financial Statements Analysis and Financial Models
FIN CH 3: Financial Statements Analysis and Financial Models 
Common-Size balance sheets express each item as a percent of - ANSWER: Total assets and 
total liabilities 
Common-Size income statements express each item as a percent of - ANSWER: Total Sales 
Four common measures of earnings - ANSWER: 1. Net Income 
2. EPS 
3. EBIT 
4. EBITDA 
How is capital intensity calculated? - ANSWER: Capital intensity = (total assets)/(Sales) 
How is Days' sales in receivables calculated? - ANSWER: (365 days...
- Exam (elaborations)
- • 6 pages •
FIN CH 3: Financial Statements Analysis and Financial Models 
Common-Size balance sheets express each item as a percent of - ANSWER: Total assets and 
total liabilities 
Common-Size income statements express each item as a percent of - ANSWER: Total Sales 
Four common measures of earnings - ANSWER: 1. Net Income 
2. EPS 
3. EBIT 
4. EBITDA 
How is capital intensity calculated? - ANSWER: Capital intensity = (total assets)/(Sales) 
How is Days' sales in receivables calculated? - ANSWER: (365 days...
Module 21: Operational Budgeting and Profit Planning
Module 21: Operational Budgeting and Profit Planning 
Activity-Based Approach to Budgeting - ANSWER: Type of output/input method 
Reduces distortions in the transformation 
-Emphasis placed on the expected costs of the planned activities that will be consumed by the 
cost objective 
How it works 
-Overhead costs are budgeted based on anticipated consumption of activities 
-Consumption of activity cost drive determined 
-Budgeted activity cost based on units of activity and related cost per unit ...
- Exam (elaborations)
- • 8 pages •
Module 21: Operational Budgeting and Profit Planning 
Activity-Based Approach to Budgeting - ANSWER: Type of output/input method 
Reduces distortions in the transformation 
-Emphasis placed on the expected costs of the planned activities that will be consumed by the 
cost objective 
How it works 
-Overhead costs are budgeted based on anticipated consumption of activities 
-Consumption of activity cost drive determined 
-Budgeted activity cost based on units of activity and related cost per unit ...
FIN 301: Financial Statements Analysis and Financial Models
FIN 301: Financial Statements Analysis and Financial Models 
Capital Spending - ANSWER: Purchase of FA - Sales of FA 
Cash Coverage - ANSWER: (EBIT + Depreciation + Amortization) / Interest 
Cash flow available to meet financial obligations 
Cash flow from financing activities 
How you take debt - ANSWER: CFC - CFS 
Retirement of debt -$73 
Proceeds from long-term sales 
86 
Change in notes payable 
-3 
Dividends -43 
Repurchase of stock -6 
Proceeds from new stock issue 
-43 
Total Cash Flow fr...
- Exam (elaborations)
- • 9 pages •
FIN 301: Financial Statements Analysis and Financial Models 
Capital Spending - ANSWER: Purchase of FA - Sales of FA 
Cash Coverage - ANSWER: (EBIT + Depreciation + Amortization) / Interest 
Cash flow available to meet financial obligations 
Cash flow from financing activities 
How you take debt - ANSWER: CFC - CFS 
Retirement of debt -$73 
Proceeds from long-term sales 
86 
Change in notes payable 
-3 
Dividends -43 
Repurchase of stock -6 
Proceeds from new stock issue 
-43 
Total Cash Flow fr...
FIN : Corporate Finance Questions & Answers
FIN : Corporate Finance Questions & Answers 
Accounting - ANSWER: accumulates and reports financial information to facilitate effective 
decision making 
Accounting equation - ANSWER: is assets = liabilities + owners' equities 
Accrual basis accounting - ANSWER: records transactions when revenue is earned and 
expenses incurred, not when cash is received and paid, in order to match revenues and expenses; 
compare cash basis accounting 
Assets - ANSWER: are owned resources, amounts owned by the ...
- Exam (elaborations)
- • 6 pages •
FIN : Corporate Finance Questions & Answers 
Accounting - ANSWER: accumulates and reports financial information to facilitate effective 
decision making 
Accounting equation - ANSWER: is assets = liabilities + owners' equities 
Accrual basis accounting - ANSWER: records transactions when revenue is earned and 
expenses incurred, not when cash is received and paid, in order to match revenues and expenses; 
compare cash basis accounting 
Assets - ANSWER: are owned resources, amounts owned by the ...