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Title: BUS 475 Capstone Part 2


1
BUS 475 Capstone Final Examination Part 2
  • By www.StudentWhiz.com

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2
  • 1. Which of the following is the most important
    factor that affects a firm's financing mix?
  • The predictability of cash flows
  • The number of shares that are outstanding
  • The amount of EPS
  • The amount of operating income
  • 2. When an accountant makes an adjusting entry
    for accrued expenses, which statement best
    reflects what the accounts look like before the
    adjustment?
  • Assets overstated expenses understated
  • Assets understated revenues understated
  • Expenses understated liabilities understated
  • Liabilities overstated revenues understated
  • Click here to download BUS 475 Final Exam

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3
  • 3. Which account will have a zero balance after a
    company has journalized and posted closing
    entries?
  • Accumulated Depreciation
  • Prepaid Insurance
  • Service Revenue
  • Supplies
  • 4. A __________ is an articulation of a simple
    criterion or characterization of what the leader
    sees the company must become to establish and
    sustain global leadership.
  • mission
  • leader's principle
  • leader's vision
  • strategic intent

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4
  • 5. The market opportunities most relevant to a
    particular company are those that
  • Offer the best growth and profitability.
  • Provide avenues for taking market share away from
    close rivals.
  • Hold the most potential for product innovation.
  • Provide a strong defense against threats to the
    company's profitability.
  • To download the complete paper click BUS 475
    Capstone Final Examination Part 2
  • 6. Internal control is used in a business to
    enhance the accuracy and reliability of its
    accounting records and to
  • Analyze financial statements.
  • Create a system of audit review.
  • Safeguard its assets.
  • Protect investments by the public.

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5
  • 7. What principle dictates that efforts
    (expenses) be recorded with results (revenues)?
  • Periodicity principle
  • Expense recognition principle
  • Cost principle
  • Revenue recognition principle
  •  
  • 8. The Oviedo Thespians are planning to present
    performances of their Florida Revue on two
    consecutive nights in January. It will cost them
    5,000 per night for theater rental, event
    insurance, and professional musicians. The
    theater will also take 10 of gross ticket sales.
    How many tickets must they sell at 10.00 per
    ticket to break even?
  • 1,223 tickets
  • 1,112 tickets
  • 1000 tickets
  • There is not enough information.

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6
  • 9. Which of the four basic financial statements
    adds net income and subtracts dividends to arrive
    at its key data element at the end of each
    period?
  • Balance Statement
  • Retained Earnings Statement
  • Income Statement
  • Statement of Cash Flows
  • Click here to download Complete Answers of BUS
    475 Capstone Final Examination Part 21
  • 10. HR Block wants to analyze its clients tax
    returns over the past 10 years for each of the
    clients tax filings. The type of data generated
    will be ______________.
  • time series data
  • observation data
  • meta data
  • cross-sectional data

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7
  • 11. A distribution center for a chain of
    electronics supply stores fills and ships orders
    to retail outlets. A random sample of orders is
    selected as they are received and the dollar
    amount of the order (in thousands of dollars) is
    recorded, and then the time (in hours) required
    to fill the order and have it ready for shipping
    is determined. A scatterplot showing the times as
    the response variable and the dollar amounts (in
    thousands of dollars) as the predictor shows a
    linear trend. The least squares regression line
    is determined to be yˆ 0.76 1.8x. A plot of
    the residuals versus the dollar amounts showed no
    pattern, and the following values were reported
    Correlation r 0.90 R 2 0.81 standard
    deviation of the residuals is 0.48. What
    percentage of the variation in the times required
    to prepare an order for shipping is accounted for
    by the fitted line?
  • 48
  • 81
  • 90
  • 76

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8
  • 12. National Printing Equipment (NPE) produces
    equipment that helps to print newspapers and
    magazines. The company sells directly to printers
    and through wholesalers. Its salespeople
    negotiate prices with individual customers and
    often have to match competitors' prices. NPE has
    a new product, the Gutenberg NP201, with some
    competitive advantages now, but competitors are
    expected to follow quickly with similar products.
    The new product is being introduced into a market
    with elastic demand. In regard to freight charges
    for its equipment, NPE's invoice reads, "Seller
    pays the cost of loading equipment onto a common
    carrier. At the point of loading, title to such
    products passes to the buyer, who assumes
    responsibility for damage in transit, except as
    covered by the transportation agency."
  • National Printing Equipment's new Gutenberg NP201
    should probably use ________________.
  • introductory pricing
  • price fixing
  • penetration pricing
  • skimming pricing

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9
  • 13. __________ is the intentional coordination of
    every communication from a firm to a target
    customer to convey a consistent and complete
    message.
  • Integrated marketing communications
  • Online marketing
  • Product positioning
  • Digital marketing
  • Click here to download complete Answers BUS 475
    Week 5
  • 14. Identifying and assessing a company's
    resource strengths and weaknesses and its
    external opportunities and threats is called a
    __________________.
  • strategic resource assessment
  • competitive asset/liability analysis
  • SWOT analysis
  • competitive positioning analysis

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10
  • 15. Suppose Stock A has had a mean price of 6.58
    per share with a standard deviation of 1.88,
    while Stock B has had a mean price of 10.57 per
    share with a standard deviation of 3.02. Which
    stock shows a higher coefficient of variation or
    volatility?
  • Stock B
  • Stock A
  • Both stocks have the same coefficient of
    variation.
  • The coefficients are incomparable.
  • Click here to download BUS 475 Capstone Final
    Examination Part 1
  • 16. Which of the following will decrease the
    nominal deficit?
  • An increase in the debt
  • An increase in interest rates
  • An increase in government expenditures
  • An increase in taxes

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11
  • 17. When predicting grade point average from the
    number of hours spent studying per week, the
    equation for the best fit line was found to be yˆ
    0.0855x 0.944. What is the predicted grade
    point average of a student that studies 26 hours
    per week?
  • 25
  • 2.99
  • 3.17
  • 24.63
  • BUS 475 Week 4 Complete
  • 18. The main reason that vertical marketing
    systems are becoming more common is that
  • Firms increasingly understand that competition
    among channel members is profitable.
  • It is easy for multiple firms to coordinate a
    single marketing mix for a common target market.
  • Firms realize that working independently has
    advantages for channel members.
  • Firms recognize that coordination among channel
    members can increase sales for each channel
    member.

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12
  • 19. The appropriate alternative hypothesis for a
    two-tail test to determine if mean body weight of
    all the men who have joined a health club is the
    same as 185 pounds would be
  • Ho µ 185 lbs.
  • Ho µ? 185 lbs.
  • Ho µ gt 185 lbs.
  • Ho µ 185 lbs.
  • 20. Segmenting, in contrast to combining,
  • Usually means settling for a smaller sales
    potential.
  • Tends to focus more on customer similarities than
    on differences.
  • Relies more on promotion appeals and minor
    product differences to create general customer
    appeal among several submarkets.
  • Tries to identify homogeneous submarkets and
    develop different marketing mixes for each
    submarket.

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13
  • 21. Which of the following statements about
    ethical behavior in business is true?
  • The legal environment sets the minimum standards
    of ethical behavior.
  • The legal environment sets the highest standards
    of ethical behavior.
  • The legal environment sets the maximum standards
    of ethical behavior.
  • The legal environment sets the normative
    standards of ethical behavior.
  • Want to see the complete Individual Assignment
    Check..?? Click BUS 475 Week 2 Individual
    Assignments
  •  
  •  22. What is the present value of 12,500 to be
    received 10 years from today? Assume a discount
    rate of 8 compounded annually and round to the
    nearest 10.
  • 5,790
  • 17,010
  • 9,210
  • 11,574

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14
  • 23. The following is an example of an unethical
    action committed by ABC, Inc.s accountant, Fred
    Anderson.
  • Anderson records income using the cash basis of
    accounting, contrary to GAAP.
  • Anderson causes 200 in ABC, Inc. merchandise to
    be shipped to him for free.
  • Andersons recording of amortization is audited
    by an independent auditor.
  • Andersons supervisor asks him to inflate income
    for the current period to make the company appear
    more profitable.
  • 24. The overriding goal of a control system is to
    enable the __________ and __________ of the
    business.
  • process, development
  • survival, long-term success
  • invention, entrepreneurship
  • improvement, diversification

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15
  • Download Complete Answers BUS 475 Capstone Final
    Examination Part 2
  • 26. One reason for international investment is
    that
  • Raw materials are typically cheaper in other
    countries than in the U.S.
  • The economies of many countries are growing
    faster than that of the U.S.
  • Doing business in foreign countries is simpler
    than in the U.S.
  • price-earnings (P/E) ratios are higher in foreign
    countries
  • 27. If XYZ Co. had 100 units of beginning
    inventory valued at 15 per unit in January,
    purchased an additional 100 units of inventory in
    February at 16 per unit, and additional 100
    units of inventory in May at 19 per unit, what
    would the unit cost of ending inventory be under
    each of the three inventory methods (assuming
    that XYZ only sold 79 units during this time
    frame)?
  • 15 under FIFO, 19 under LIFO, 16.6 under
    average cost
  • 19 under FIFO, 15 under LIFO, 17 under average
    cost
  • 19 under FIFO, 15 under LIFO, 16.6 under
    average cost
  • 15 under FIFO, 19 under LIFO, 17 under average
    cost

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16
  • 28. P. Noel's Inc.'s current ratio is 2. Current
    liabilities are 500,000. P. Noel's current
    assets equal __________ and net working capital
    is __________.
  • 500,000 and 1,000,000
  • 1,000,000 and 500,000
  • 500,000 and 250,000
  • 500,000 and 500,000
  • BUS 475 Individual Assignments
  • 29. The DMAIC (define, measure, analyze, improve,
    control) process is relevant to
  • CCC21.
  • Six Sigma.
  • Balanced scorecard.
  • Strategic matrix analysis.

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17
  • 1. Which of the following is the most important
    factor that affects a firm's financing mix?
  • The predictability of cash flows
  • The number of shares that are outstanding
  • The amount of EPS
  • The amount of operating income
  • 2. When an accountant makes an adjusting entry
    for accrued expenses, which statement best
    reflects what the accounts look like before the
    adjustment?
  • Assets overstated expenses understated
  • Assets understated revenues understated
  • Expenses understated liabilities understated
  • Liabilities overstated revenues understated
  • Click here to download BUS 475 Final Exam

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18
  • 1. Which of the following is the most important
    factor that affects a firm's financing mix?
  • The predictability of cash flows
  • The number of shares that are outstanding
  • The amount of EPS
  • The amount of operating income
  • 2. When an accountant makes an adjusting entry
    for accrued expenses, which statement best
    reflects what the accounts look like before the
    adjustment?
  • Assets overstated expenses understated
  • Assets understated revenues understated
  • Expenses understated liabilities understated
  • Liabilities overstated revenues understated
  • Click here to download BUS 475 Final Exam

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19
  • 30. A correlation value of r 0.5 between the
    x-variable and y-variable means
  • There is no linear relationship between x and y.
  • There is a moderate positive linear relationship
    between x and y.
  • There is a strong positive linear relationship
    between x and y.
  • There is no relationship between x and y.
  • 31. Cargill, Inc. is finally earning a profit on
    the unique product it introduced 6 months ago.
    Cargill's advertising is both informative and
    persuasive. Much money is being spent on place
    development. There is little price competition,
    although several competitors have come out with
    reasonable imitations. Total industry sales and
    profits are both rising. In which stage of the
    product life cycle is Cargill operating?
  • Market introduction
  • Market maturity
  • Sales decline
  • Market growth

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20
  • 32. Under the percentage of receivables method,
    the allowance for a doubtful accounts balance
    will occasionally have a debit balance due to
    write-offs that occur during the year, which
    exceed the previous provisions for bad debts. In
    such cases, what must a company do to this
    account?
  • Make an adjusting entry by subtracting the debit
    balance from the required balance.
  • Allow the debit balance to carry over to future
    periods.
  • Create a second allowance for doubtful accounts
    balance with a credit balance.
  • Make an adjusting entry by adding the debit
    balance to the required balance.
  • Want to download the Complete Assignment..??
    Click BUS 475 Complete Week 2
  • 33. If a country's trade deficit increases, then
  • It must be buying more assets from foreigners.
  • Its consumption must be falling relative to its
    production.
  • It must be selling fewer assets to foreigners.
  • Its consumption must be rising relative to its
    production.

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21
  • 34. In horizontal analysis, each item is
    expressed as a percentage of the following
  • Net income amount
  • Total assets amount
  • Stockholders equity amount
  • Base year amount
  • Click here to download BUS 475 Capstone Final
    Exam Part 1
  • 35. Which of the following financial instruments
    entails the most risk and potentially the highest
    returns for investors?
  • Preferred stock
  • Bonds
  • Debt with a maturity of less than 1 year
  • Common stock

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22
  • 36. Strategic management involves the _________,
    directing, _________ and controlling of a
    company's strategy-related decisions and
    actions.
  • marketing planning
  • financing marketing
  • planning organizing
  • planning financing
  • 37. Mitch Companys ending inventory is
    understated by 4,000. The effects of this error
    on the current years cost of goods sold and net
    income, respectively, are
  • Overstated and overstated.
  • Understated and understated.
  • Understated and overstated.
  • Overstated and understated.

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23
  • 38. In the stockholders equity section of the
    balance sheet, the cost of treasure stock is
    deducted from the following
  • Total stockholders equity
  • Common stock in paid-in capital
  • Retained earnings
  • Total paid-in capital and retained earnings
  • 39. Which of the following statements best
    describes the modern view of marketing?
  • Marketing anticipates customer needs.
  • Marketing begins as soon as products are
    produced.
  • Marketing consists mainly of advertising and
    personal selling.
  • Marketing is only necessary for profit-oriented
    firms.

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24
  • 1. Which of the following is the most important
    factor that affects a firm's financing mix?
  • The predictability of cash flows
  • The number of shares that are outstanding
  • The amount of EPS
  • The amount of operating income
  • 2. When an accountant makes an adjusting entry
    for accrued expenses, which statement best
    reflects what the accounts look like before the
    adjustment?
  • Assets overstated expenses understated
  • Assets understated revenues understated
  • Expenses understated liabilities understated
  • Liabilities overstated revenues understated
  • Click here to download BUS 475 Final Exam

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25
  • 40. Penn Corp. acquired a truck to haul widgets
    between its manufacturing facility and its sales
    offices. Penn acquired the truck for 55,000.
    Penn sold the truck years later for 15,000.
    Before the year of the sale, Penn had depreciated
    the asset by 32,000. Penn depreciated the truck
    by another 2,000 during the year it was sold.
    Does Penn record gain or loss on the sale and how
    much?
  • Loss of 19,000
  • Loss of 17,000
  • Gain of 8,000
  • Gain of 6,000
  • Click here to download BUS 475 Capstone Final
    Exam Part 2
  • 41. Organizational requirements to support and
    sustain differentiation activities include which
    of the following
  • frequent, detailed control reports
  • tradition of closeness to key customers
  • incentives based on meeting strict, quantitative
    targets
  • structured organization and responsibilities

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26
  • 42. In what situations are notes payable used in
    lieu of accounts payable?
  • To provide short-term financing, for collection
    of debt purposes, and to pay off the debt
    quicker
  • To create better credit, incur liability over a
    shorter time frame, and acquire additional
    financing for different lines of business
  • To give the lender formal proof of the
    obligation, for collection of debt purposes, and
    to require the borrower to pay interest
  • Because other financing is not available, to
    facilitate business relationship with other
    companies, and to improve goodwill
  • 43. Metals Corp. has 2,575,000 of debt, 550,000
    of preferred stock, and 18,125,000 of common
    equity. Metals Corp.'s after-tax cost of debt is
    5.25, preferred stock has a cost of 6.35, and
    newly issued common stock has a cost of 14.05.
    What is Metals Corp.'s weighted average cost of
    capital?
  • 8.32
  • 12.78
  • 10.84
  • 6.56

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27
  • 44. Ethnic markets are becoming more important to
    marketers because
  • The median age of Asian, African, and Hispanic
    Americans is much higher than that of White
    Americans.
  • The buying power of ethnic submarkets is
    decreasing.
  • The number of ethnic consumers is growing at a
    much faster rate than the overall society
  • They make a clear segment with similar
    backgrounds and common language, religion, and
    culture.
  • Download Complete Course BUS 475 FINAL EXAM
    ANSWERS
  • 45. Woodstock Inc. expects to own a building for
    5 years, and then sell it for 1,500,000 net of
    taxes, sales commissions, and other selling
    costs. Woodstock's cost of capital is 11. How
    much will the sale of the building contribute to
    the NPV of the project?
  • 890,177
  • 1,500,000
  • 2,527,587
  • 1,351,351

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28
  • 1. Which of the following is the most important
    factor that affects a firm's financing mix?
  • The predictability of cash flows
  • The number of shares that are outstanding
  • The amount of EPS
  • The amount of operating income
  • 2. When an accountant makes an adjusting entry
    for accrued expenses, which statement best
    reflects what the accounts look like before the
    adjustment?
  • Assets overstated expenses understated
  • Assets understated revenues understated
  • Expenses understated liabilities understated
  • Liabilities overstated revenues understated
  • Click here to download BUS 475 Final Exam

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29
  • 1. Which of the following is the most important
    factor that affects a firm's financing mix?
  • The predictability of cash flows
  • The number of shares that are outstanding
  • The amount of EPS
  • The amount of operating income
  • 2. When an accountant makes an adjusting entry
    for accrued expenses, which statement best
    reflects what the accounts look like before the
    adjustment?
  • Assets overstated expenses understated
  • Assets understated revenues understated
  • Expenses understated liabilities understated
  • Liabilities overstated revenues understated
  • Click here to download BUS 475 Final Exam

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30
  • 46. To decrease the nation's money supply, the
    Fed can
  • Decrease reserve requirements.
  • Increase reserve requirement.
  • Buy government securities in the open market.
  • Decrease the discount rate.
  • 47. To arrive at net cash provided by operating
    activities, the statement of cash flows prepared
    by the indirect method starts with net income and
    then adds or deducts various items. In making
    this calculation, the following items are added
    to net income under the indirect method
  • Depreciation expense, gain on the sale of plant
    assets, and increase in current liability
    account
  • Patent amortization expense, increase in current
    asset account, and decease in current asset
    account
  • Gain on the sale of plant asset, increate in
    current asset account, and decrease in current
    liability account
  • Depletion expense, loss on the sale of plant
    assets, and patent amortization expense

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31
  • 48. Organizational requirements to support and
    sustain cost leadership are
  • Tradition of closeness to key customers.
  • Some personnel skilled in sales and operations.
  • Frequent, detained control reports.
  • Subjective measurements and incentives.
  • 49. A random sample of 81 team leaders and
    supervisors from Fortune 500 companies revealed
    that on average a person spent 6.5 years on the
    job before being promoted. The standard deviation
    of the sample was 1.7 years. Assuming that the
    population standard deviation is unknown, the 99
    confidence interval within which the population
    mean lies is approximately between ___________
    and _________years.
  • 6 and 7
  • 5.5 and 6.5
  • 5.5 and 7.5
  • 5.5 and 6.5

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32
  • 50. in the long-run framework, budget surpluses
  • Should never be run since they crowd out
    investment in the short run.
  • Should be run on a permanent basis since they
    boost saving and investment and stimulate
    economic growth.
  • Should be run whenever output dips below
    potential output.
  • Are better than budget deficits over the long run
    because unlike budget deficits, they increase
    saving and investment.
  • About Author
  • This article covers the topic for the
    University Of Phoenix BUS 475 Capstone Final
    Examination Part 1. The author is working in the
    field of education from last 5 years. This
    article covers the basic of BUS 475 Capstone
    Final Examination Part 1 from UOP. Other topics
    in the class are as follows

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  • BUS 475 Week 1 Discussion Questions
  • BUS 475 Week 1 Complete
  • BUS 475 Week 2 Discussion Questions
  • BUS 475 Week 2 Strategic Plan
  • BUS 475 Week 2 Value Alignment
  • BUS 475 Week 2 Complete
  • BUS 475 Week 3 Functional Area Interrelationships
  • BUS 475 Week 3 Strategic Plan
  • BUS 475 Week 3 Complete
  • BUS 475 Week 4 Communication Plan Outline
  • BUS 475 Week 4 Complete
  • BUS 475 Week 5 Final Strategic Plan and
    Presentation
  • BUS 475 Week 5 Discussion Questions
  • BUS 475 Week 5 Complete
  • BUS 475 Final Exam
  • BUS 475 Capstone Final Examination Part 1
  • BUS 475 Capstone Final Examination Part 2
  • For further information on the above topics you
    can always visit the website www.StudentWhiz.com

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