online cpe for cpas
Home | Sign In | Cart

Please Sign In
4/19/2024
online cpe for cpas

Browse Courses


  
  
RESOURCES
State Requirements
FAQs
Request a Course
Contact Us



Course 171022- 101 Financial Solutions
  Final Exam
Status: Please Sign In to Save
Answers Permanently
171022v - 101 Financial Solutions

My Score: 0%

0 Correct Responses
of 60 Total Questions
Accounting
12 CPE Credit Hours
4/19/2024
Final Exam
Get Adobe Reader
Click the "Grade Exam" button to save your answers and to grade your exam. You may click "Grade Exam" as often as necessary. Once you get 70% or higher, you will have the option to see which questions you missed and to create your Certificate of Completion.



Read 'Chapter 1: Pricing, Sales, And Advertising Miss Margins' & answer the following question(s):
1. _____________________ is NOT a sign of revenue base erosion:
2. When considering a special order that will enable a company to make use of currently idle capacity, which of the following costs is irrelevant?
3. High levels of merchandise returns are NOT caused by:
Read 'Chapter 2: Inventory And Production Shortfalls' & answer the following question(s):
4. __________________ is NOT a cause for low turnover of merchandise:
5. Which condition justifies a low inventory turnover ratio?
6. For inventory management, ignoring safety stocks, which of the following is a valid computation of the reorder point?
7. The carrying costs associated with inventory management include:
8. The order costs associated with inventory management include:
9. The purpose of the economic order quantity (EOQ) model is to:
10. The economic order quantity (EOQ) will rise following:
11. The economic order quantity (EOQ) formula assumes that:
12. ______________ is used in enterprise supply chain management to improve the efficiency of inventory tracking and management.
13. Lack of inventory storage space may be a result of
Read 'Chapter 3: Profit Targets Are Off' & answer the following question(s):
14. ______________________ is the degree or amount that sales may decline before losses are incurred:
15. Contribution margin is the excess of revenues over:
16. The most likely strategy to reduce the breakeven point would be to:
17. Basic break-even and CVP models are subject to limiting assumptions such as:
18. Generally, the lower the break-even point, the higher the profit and the less the ______________, other things being equal. F
19. When used in cost-volume-profit analysis, sensitivity (what-if) analysis:
20. The difference between sales and total variable costs is:
21. Problems of weak sales mix are caused by all EXCEPT:
22. Falling sales and/or profit margin is usually NOT a result of:
Read 'Chapter 4: Risk-Return Unbalance' & answer the following question(s):
23. What are the risk and the risk-return trade-off:
24. Which of the following are components of interest-rate risk?
25. Lack of diversification can be identified by all EXCEPT:
26. The type of risk that is NOT diversifiable and affects the value of a portfolio is:
27. The risk that securities cannot be sold at a reasonable price on short notice is called:
28. A warning sign of financial problems does NOT include:
Read 'Chapter 5: Inability To Finance Weakens Business Development' & answer the following question(s):
29. Market price drops of stock can be caused by all EXCEPT:
30. Moody's and Standard & Poor's debt ratings depend on:
31. If a bond is rated below BBB, it is called:
32. Dividends per share/market price per share is
Read 'Chapter 6: Business Control Threatened' & answer the following question(s):
33. Which of the following cannot lead to bankruptcy?
34. Management can take many steps to protect itself against business failure excludes
35. An investor has calculated Altman's Z-Score for each of four possible investment alternatives. Each firm is a public industrial firm. The calculated scores for the four investments were as follows: Firm W = 3. 89; Firm X = 2. 48; Firm Y = 2. 00 and Firm Z = 1. 10. Given this info, which statement is true?
36. A defensive measure defines as when the target buys back stock accumulated by the raider at a premium price is:
Read 'Chapter 7: Cash Flow Disturbances' & answer the following question(s):
37. Cash-related ratios to be computed by management do NOT include:
38. To generate adequate cash flow, you do the following EXCEPT:
39. When investing surplus funds, aggressive cash managers seek:
40. Which of the following is NOT an early warning sign for going broke?
41. The average collection period for a firm measures the number of days:
Read 'Chapter 8: Mess In Accounts Payable And Receivable' & answer the following question(s):
42. Vendor’s price increases can be prevented by all EXCEPT:
43. Using a 360-day year, what is the opportunity cost to a buyer of not accepting terms 2/10, net 30?
44. _______________________ do(es) NOT affect credit ratings:
45. Which of the following measures does NOT aim at preventing check fraud and improper payments?
Read 'Chapter 9: Lackluster Financial Statements' & answer the following question(s):
46. ___________________ is NOT an example of liquidity ratio:
47. An early warning signal of inadequate liquidity does NOT include:
48. Return on Investment (ROI) CANnot be enhanced by management:
49. ROE is:
50. A lower rate of return can be detected early by
51. Which of the following is NOT a sign for poor-quality earnings?
Read 'Chapter 10: Costs Out Of Control' & answer the following question(s):
52. Stability in product revenue can be determined by computing the ____________ in sales over five to ten years.
53. Excessive labor costs are caused by all EXCEPT:
54. The percentage change in earnings before interest and taxes associated with the percentage change in revenues is the degree of:
55. An accounting system that collects financial and operating data on the basis of the underlying nature and extent of the cost drivers is:
56. A profit-maximizing firm would never choose to lower its price in the ____________ range of its demand curve.
Read 'Chapter 11: Budgeting And Cost Control Problems' & answer the following question(s):
57. Actual costs exceeding budgeted costs are caused by all EXCEPT:
58. An efficiency variance equals:
Read 'Chapter 12: Fragile Internal Controls' & answer the following question(s):
59. Record keeping errors can be identified by all EXCEPT:
Read 'Chapter 13: Tax Planning And Preparation' & answer the following question(s):
60. Which of the following statement is false regarding the election of an S corporation?
Return to Syllabus

Apex CPE Home   |Courses   |My CPE   |About Us   |Resources    |Site Map   

COPYRIGHT 2002-2009    Apex CPE - ALL RIGHTS RESERVED