Archive for December 2018

To make good decisions you need all but:

To make good decisions you need all but: a. Good information b. The ability to recognize the consequences of various actions c. Efficient ways to...

Variances occur because:

Variances occur because: a. Rounding errors in accounting software. b. Most managers hate budgeting and do not put the time and effort into it to...

Which question does variance analysis answer?

Which question does variance analysis answer?  a. What costs did the business have for financing? b. What is the value of everything the business...

A budget is useful for:

A budget is useful for: a. Measuring your performance b. Warning you when to take corrective action c. Helping you recognize resource restraints d....

Brandy made and sold decorative floral arrangements. For each arrangement, she purchased a container in which to hold the arrangement, silk flowers, and ribbon, which averaged $30 per arrangement. It took her about one hour to complete each and she set her hourly rate at $20/hour. This makes $50 her ____________________.

Brandy made and sold decorative floral arrangements. For each arrangement, she purchased a container in which to hold the arrangement, silk flowers,...

Which question does the balance sheet answer?

Which question does the balance sheet answer? a. What costs did the business have for financing? b. What is the value of everything the business owns? c....

Articulation means:

Articulation means: a. That you follow good accounting practices b. That the information in your financial statements flows from one to another c....

Accurate and relevant data is part of_______.

Accurate and relevant data is part of_______. a. Going concern b. Business entity c. Accounting equation d. Information usefulness Answer: d....

The three types of accounting include all but:

The three types of accounting include all but: a. Managerial accounting b. Cost accounting c. Financial accounting d. Tax accounting Answer: b....

While teaching strategy at Farrell University, Jessica developed an interactive strategy-simulation game to inculcate the concept of strategy to her students. She found that they were able to grasp the concept much better from the game rather than from reading books. For two years Jessica used the game to teach students. Eventually she removed possible glitches and perfected the game. She wanted students at other universities to benefit from the simulation. The result was the launch of Simulate Strategy, Inc. Some of Jessica's students suggested that she create a Web site for Simulate Strategy, Inc. Her company is fairly new and opening a Web site immediately would expose her company to customers from around the world. In this scenario, Simulate Strategy is an example of a _____.

While teaching strategy at Farrell University, Jessica developed an interactive strategy-simulation game to inculcate the concept of strategy to her...

While teaching strategy at Farrell University, Jessica developed an interactive strategy-simulation game to help her students understand its concepts. She found that they were able to grasp the concept much better from the game rather than from reading books. For two years, Jessica used the game to teach students. Eventually she removed possible glitches and perfected the game. She wanted students at other universities to benefit from the simulation. The result was the launch of Simulate Strategy, Inc. Given that Jessica has a very limited budget, which of the following forms of direct mail will be most appropriate for her to adopt?

While teaching strategy at Farrell University, Jessica developed an interactive strategy-simulation game to help her students understand its concepts....

A _____ is a form of direct mail.

A _____ is a form of direct mail.  A. door-to-door sale B. party sale C. brochure D. vending machine Answer: C. brochur...

While teaching strategy at Farrell University, Jessica developed an interactive strategy-simulation game to inculcate the concept of strategy to her students. She found that they were able to grasp the concept much better from the game rather than from reading books. For two years Jessica used the game to teach students. Eventually she removed possible glitches and perfected the game. She wanted students at other universities to benefit from the simulation. The result was the launch of Simulate Strategy, Inc. Jessica places an advertisement about her product with her e-mail and contact information in the "Chronicle of Higher Education," a leading publication for University professors. Which of the following marketing strategies exemplifies this scenario?

While teaching strategy at Farrell University, Jessica developed an interactive strategy-simulation game to inculcate the concept of strategy to her...
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