Download Diapositiva 1

BUS 475 Week 4
Knowledge Check
By : www.UopeTutors.com
Copyright. All Rights Reserved by www.uopetutors.com
1. A fast-food restaurant asks customers to evaluate the drive-thru service as good,
average, or poor. What level of data measurement is this classification?
• Nominal
• Ordinal
• Interval
• Ratio
To download the complete answer check BUS 475 Week 4 Knowledge Check
2. In order to determine the average amount spent in November on Amazon.com a
random sample of 144 Amazon accounts were selected. The sample mean amount
spent in November was $250 with a standard deviation of $25. Assuming that the
population standard deviation is unknown, what is a 95% confidence interval for the
population mean amount spent on Amazon.com in November?
• ($245.88, $254.12)
• ($247.47, $260.09)
• ($250.64, $256.92)
• ($251.34, $256.22)
Copyright. All Rights Reserved by www.uopetutors.com
Find the quiz answers here BUS 475 Week 4 Knowledge Check
3. A shipment of 20 DVDs has arrived at a video rental store. Based on past experience,
the manager knows that 10% of all new DVDs sent to the store have a visible defect.
The manager tells you to begin inspecting the new DVDs one at a time at random
until you find the first DVD that has a defect. If 10% of the DVDs have a visible defect
in the new shipment, what is the probability that the first DVD that has a defect is
the 3rd one that you inspect? (Round your answer to 3 decimal places.)
• .081
• .268
• .089
• .716
Download Complete course BUS 475
4. An insurance agent has selected a sample of drivers that she insures whose ages are
in the range from 16–42 years old. For each driver, she records the age of the driver
and the dollar amount of claims that the driver filed in the previous 12 months. A
scatterplot showing the dollar amount of claims as the response variable and the
age as the predictor shows a linear regression line with: y^=3710 – 55.4x. If the age
of a driver increases by 1 year, by how much and in what direction would the dollar
amount of claims be predicted to change for the driver?
• Increase by 55.4 dollars
• Decrease by 55.4 dollars
• Increase by 3710 dollars
• Increase by 3,654.6 dollars
Copyright. All Rights Reserved by www.uopetutors.com
Complete Answers just a click away BUS 475 Week 1 Knowledge Check
5. A researcher claims that the proportion of employees who play video
games in the workplace is higher than it was 10 years ago. You might be
willing to reject the null hypothesis of no change with a = 0.10 or larger.
The p-value for this test is 0.15. In this case the researcher should
• not reject the null hypothesis
• reject the null hypothesis
• continue with further testing because the result is inconclusive
• change the testing from nonparametric to parametric
6. The general plan of major actions through which a firm intends to achieve
is long-term objectives is called its
• corporate plan
• long-term goal
• grand strategy
• mission
Copyright. All Rights Reserved by www.uopetutors.com
Want to download the Complete Assignment..?? Click BUS 475
7. How valuable a low-cost leader's cost advantage is depends on
• whether it is easy or inexpensive for rivals to copy the low-cost leader's methods or
otherwise match its low costs
• how easy it is for the low-cost leader to gain the biggest market share
• the aggressiveness with which the low-cost leader pursues converting the cost advantage
into the absolute lowest possible costs
• the leader's ability to combine the cost advantage with a reputation for good quality
Complete Answers here BUS 475 Week 4 Knowledge Check
8. Which of the following represent marketing capabilities at the growth stage of
industry evolution?
• Skills in aggressively promoting products to new markets and holding existing markets and
pricing flexibility
• Ability to establish brand recognition, find niche, reduce price, solidity strong distribution
relations and develop new channels
• Cost effective means of efficient access to selected channels and markets and strong
customer loyalty or dependence
• Resources or skills to create widespread awareness and find acceptance from customers;
advantageous access to distribution
Copyright. All Rights Reserved by www.uopetutors.com
9. __________ is an organization structured around the idea of sharing
knowledge, seeking knowledge, and creating opportunities to
create new knowledge.
• A global company
• A modular organization
• An ambidextrous organization
• A learning organization
Want help? Click to download BUS 475 Week 2 Knowledge Check
10. Which of the following types of strategic control has a low degree
of formalization?
• Special alert control
• Implementation control
• Strategic surveillance
• Premise control
Copyright. All Rights Reserved by www.uopetutors.com
11. Investors and creditors are particularly interested in this financial
statement because it tells them what is happening to the company’s
most important resource?
• Statement of cash flows
• Income statement
• Retained earnings statement
• Balance sheet
Download Entire course BUS 475
12. The cash basis of accounting is prohibited under GAAP for the
following reason:
• It divides the economic life of a business into artificial time frames.
• It violates the revenue recognition principle and the expense recognition
principle.
• It fails to provide for adjusting entries.
• It records revenues only in the time period in which they are received.
Copyright. All Rights Reserved by www.uopetutors.com
13. Use the following data to determine the total dollar amount of assets to be
classified as property, plant, and equipment. Eddy Auto Supplies Balance Sheet
December 31, 2014 Cash $84,000 Accounts payable $110,000 Accounts receivable
$80,000 Salaries and wages payable $20,000 Inventory $140,000 Mortgage payable
$180,000 Prepaid insurance $60,000 Total liabilities $310,000 Stock investments
$170,000 Land $190,000 Buildings $226,000 Common stock $240,000 Less:
Accumulated Retained earnings $500,000 depreciation ($40,000) $186,000 Total
stockholders’ equity $740,000 Trademarks $140,000 Total liabilities and Total assets
$1,050,000 Stockholders’ equity $1,050,000
• $686,000
• $516,000
• $556,000
• $376,000
Complete paper here BUS 475
14. The manager of Weiser is given a bonus based on net income before taxes. The net
income after taxes is $35,700 for FIFO and $29,400 for LIFO. The tax rate is 30%.
The bonus rate is 20%. How much higher is the manager's bonus if FIFO is adopted
instead of LIFO?
• $9,000
• $12,600
• $1,800
• $6,300
Copyright. All Rights Reserved by www.uopetutors.com
Want more details? Download now BUS 475 Week 1 Knowledge Check
•
•
•
•
•
•
15. The Sarbanes–Oxley Act of 2002 requires publicly traded U.S. companies to take the
following actions to defect and prevent fraud:
Adopt accrual basis of accounting, maintain an adequate system of internal controls, and create
penalties for noncompliance
Maintain an adequate system of internal controls, ensure that internal controls are reliable and effective,
and hire independent auditors to attest adequacy of internal controls
Ensure internal controls are reliable and effective, corporate executives must independently review
internal controls, and submit all financial statements to the Public
Company Accounting Oversight Board
Maintain an adequate system of internal controls, provide additional training to managers and
accountants regarding internal controls, and publish internal controls on the company’s public website
Download now BUS 475 Week 4 Knowledge Check
16. On July 1, 2014, Linden Company purchased the copyright to Norman Computer Tutorials for
$140,000. It is estimated that the copyright will have a useful life of 5 years. The amount of
amortization expense recognized for the year 2014 would be
•
$28,000
•
$13,125
•
$25,900
•
$14,000
Copyright. All Rights Reserved by www.uopetutors.com
Click here and download All Week BUS 475
17.ABC Corp. receives a 7-month interest-bearing promissory note in the
amount of $360,000 on February 1. The interest rate is 15%. What is the
total interest expense ABC Corp will record assuming ABC makes all of its
payments?
• $54,000
• $31,500
• $4,500
• $36,000
18. Logan Corporation issues 50,000 shares of $50 par value preferred stock
for cash at $60 per share. The entry to record the transaction will consist of
a debit to cash for $3,000,000 and a credit or credits to
• preferred stock of $3,000,000
• preferred stock for $2,500,000 and paid-in capital in excess of par value—
preferred stock for $500,000
• preferred stock for $2,500,000 and retained earnings for $500,000
• paid-in capital from preferred stock for $3,000,000
Copyright. All Rights Reserved by www.uopetutors.com
Click here to download Complete Answers of BUS 475 Week 1 Knowledge Check
19. Which of the following tools of analysis is used to evaluate financial statement
information by expressing financial statement data as a percentage over a base
amount?
• Vertical analysis
• Horizontal analysis
• Ratio analysis
• Industry averages
Download Complete BUS 745
20.The Sarbanes–Oxley Act of 2002 requires publically-traded U.S. companies to
provide great internal controls. The five primary components of an internal control
system include: a control environment, risk assessment, information and
communication, monitoring, and
• Establishment of responsibility
• Segregation of duties
• Control activities
• Human resource controls
Copyright. All Rights Reserved by www.uopetutors.com
About Author
This article covers the topic for the University Of Phoenix BUS 475
Week 4 Knowledge Check The author is working in the field of
education from last 5 years. This article covers the basic of BUS 475
Week 4 Knowledge Check from UOP. Other topics in the class are as
follows:
BUS 475 Week 1 Knowledge Check
BUS 475 Week 2 Knowledge Check
BUS 475 Week 4 Knowledge Check
Want to check other classes..?? Visit: www.uopetutors.com
Copyright. All Rights Reserved by www.uopetutors.com