QUESTION A budget quantifies all of a company’s expected inflows and outflows of cash. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Income and revenue are not the same thing. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION A company can still have cash flow problems if it is profitable. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Which of the following is at issue between Marquand and Stevenson? A) whether online selling is an important factor in business today B) whether information technology has made a significant difference to businesses C) whether doing business is significantly helped by online communications D) what the most important effect of information technology has been […]
Date: September 3rd, 2020
QUESTION Which of the following is NOT a financial statement? A) cash flow statement B) general ledger C) income statement D) balance sheet ANSWER B
Date: September 3rd, 2020
QUESTION The IT department has recommended that Otto use data mining to build customer profiles and prepare business models to predict future purchasing behavior. Otto’s CEO is not in favor of data mining and argues that it shouldn’t be used. Which of the following statements, if true, supports the CEO’s argument for NOT using data […]
Date: September 3rd, 2020
QUESTION Which of the following is NOT a factor affecting standard of living? A) your income B) the quality of goods and services available to you C) tour well-being D) the consumption patterns of the people in your community ANSWER C
Date: September 3rd, 2020
QUESTION Interstate’s marketing director thinks that the company’s data mining ability should be upgraded. Which of the following, if true, strengthens his position? A) Executives at Interstate want to use decision support systems to test business models. B) Interstate uses VSAT communications to relay confidential information among its various branches. C) Interstate’s various branches do […]
Date: September 3rd, 2020
QUESTION Not-for-profit organizations do not need net income. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Some employees claim that Interstate’s intranet needs to be overhauled. Which of the following, if true, strengthens this position? A) Interstate is currently lagging behind many of its competitors. B) Interstate uses the latest in real-time marketing information technology. C) Interstate’s sales reps mostly work from independent self-run offices. D) Interstate relies heavily on […]
Date: September 3rd, 2020
