Texas Business and Finance 6-12 (276)
Study online at https://quizlet.com/_g2v3jy
1. When a company is trying to regulate its spending and every month.
track incoming funds, the accountant should prepare
an income statement once
2. A lending company will review a borrower's account- creditworthiness.
ing documentation to evaluate
3. Which of the following doctrines prevents a person Doctrine of subro-
from insuring a neighbor's house? gation
4. Which of the following inventory systems is designed The perpetual in-
to record the actual costs associated with the inven- ventory system
tory using a physical count?
5. In which of the following sections of the balance sheet Assets
is prepaid insurance recorded?
6. Which of the following statements is generally true Purchasing is
about the purchasing function today? evolving into
strategic supply
management.
7. The owner of a small boat rental company opened partnership.
the business as a sole proprietorship but has since
decided to bring a friend into the business. It is best
for the owner, who is concerned about the cost of
changing the form of the company's organization, to
change the business structure to a
8. Kim, a young college student, has decided to start equity.
a business. She does not have much capital but be-
lieves the business can generate capital through an
initial public offering (IPO). An IPO is categorized as
9. The marketing department of a small business wants Requesting user
to obtain information about how and why a product surveys
continues to be successful after many years. Which of
the following research techniques will be most effec-
tive?
1/5
, Texas Business and Finance 6-12 (276)
Study online at https://quizlet.com/_g2v3jy
10. Which of the following best describes management Changing strate-
practices that promote adaptability in a global busi- gies to accommo-
ness environment? date local condi-
tions
11. Which of the following types of compensation has the Varied and attain-
greatest positive effect on employee motivation and able pay mix
productivity?
12. To have the greatest impact on long-term employee conduct effective
productivity, businesses must employee evalua-
tions.
13. RXJW is a publicly traded company that is required by Sarbanes-Oxley
law to register its code of ethics with the Securities Act
and Exchange Commission and ensure that its senior
financial officers are aware of the policy. Which of the
following mandates this requirement?
14. Which of the following advertising claims is most like- Using our cream
ly to prompt an inquiry by the Federal Trade Commis- guarantees no
sion? more wrinkles.
15. In which of the following situations has a tort oc- A firework spark
curred? lands on a neigh-
bor's tree and
burns it down.
16. Which of the following policies will most likely in- Establishing
crease foreign trade? free-trade zones
17. Which of the following statements regarding the tax- The residence
ation and international business operations of a com- state mitigates the
pany in its residence and source states is true? tax.
18. An effective form of communication is the use of communicating
graphs and charts to convey information. A pie chart varying values or
is an effective way of percentages in
relation to each
2/5
Study online at https://quizlet.com/_g2v3jy
1. When a company is trying to regulate its spending and every month.
track incoming funds, the accountant should prepare
an income statement once
2. A lending company will review a borrower's account- creditworthiness.
ing documentation to evaluate
3. Which of the following doctrines prevents a person Doctrine of subro-
from insuring a neighbor's house? gation
4. Which of the following inventory systems is designed The perpetual in-
to record the actual costs associated with the inven- ventory system
tory using a physical count?
5. In which of the following sections of the balance sheet Assets
is prepaid insurance recorded?
6. Which of the following statements is generally true Purchasing is
about the purchasing function today? evolving into
strategic supply
management.
7. The owner of a small boat rental company opened partnership.
the business as a sole proprietorship but has since
decided to bring a friend into the business. It is best
for the owner, who is concerned about the cost of
changing the form of the company's organization, to
change the business structure to a
8. Kim, a young college student, has decided to start equity.
a business. She does not have much capital but be-
lieves the business can generate capital through an
initial public offering (IPO). An IPO is categorized as
9. The marketing department of a small business wants Requesting user
to obtain information about how and why a product surveys
continues to be successful after many years. Which of
the following research techniques will be most effec-
tive?
1/5
, Texas Business and Finance 6-12 (276)
Study online at https://quizlet.com/_g2v3jy
10. Which of the following best describes management Changing strate-
practices that promote adaptability in a global busi- gies to accommo-
ness environment? date local condi-
tions
11. Which of the following types of compensation has the Varied and attain-
greatest positive effect on employee motivation and able pay mix
productivity?
12. To have the greatest impact on long-term employee conduct effective
productivity, businesses must employee evalua-
tions.
13. RXJW is a publicly traded company that is required by Sarbanes-Oxley
law to register its code of ethics with the Securities Act
and Exchange Commission and ensure that its senior
financial officers are aware of the policy. Which of the
following mandates this requirement?
14. Which of the following advertising claims is most like- Using our cream
ly to prompt an inquiry by the Federal Trade Commis- guarantees no
sion? more wrinkles.
15. In which of the following situations has a tort oc- A firework spark
curred? lands on a neigh-
bor's tree and
burns it down.
16. Which of the following policies will most likely in- Establishing
crease foreign trade? free-trade zones
17. Which of the following statements regarding the tax- The residence
ation and international business operations of a com- state mitigates the
pany in its residence and source states is true? tax.
18. An effective form of communication is the use of communicating
graphs and charts to convey information. A pie chart varying values or
is an effective way of percentages in
relation to each
2/5
