With constantly updated AICPA pdf files providing the most relevant questions and correct answers, you can find a way out in your industry by getting the BEC Camp Questions certification. Our BEC Camp Questions test engine is very intelligence and can help you experienced the interactive study. In addition, you will get the scores after each BEC Camp Questions practice test, which can make you know about the weakness and strengthen about the BEC Camp Questions real test , then you can study purposefully. With the Software version of our BEC Camp Questions study materilas, you can have the experience of the real exam which is very helpful for some candidates who lack confidence or experice of our BEC Camp Questions training guide. Our company has always been following the trend of the BEC Camp Questions certification. You can click the PDF version or Soft version or the package of AICPA BEC Camp Questions latest dumps, add to cart, then you enter your email address, discount (if have) and click payment, then page transfers to credit card payment.
AICPA Certification BEC In fact we have no limit for computer quantity.
But if you buy our BEC - CPA Business Environment and Concepts Camp Questions study guide you can both do your most important thing well and pass the test easily because the preparation for the test costs you little time and energy. Our valid BEC Latest Exam Discount Voucher exam dumps will provide you with free dumps demo with accurate answers that based on the real exam. These BEC Latest Exam Discount Voucher real questions and answers contain the latest knowledge points and the requirement of the certification exam.
There are some loopholes or systemic problems in the use of a product, which is why a lot of online products are maintained for a very late period. The BEC Camp Questions test material is not exceptional also, in order to let the users to achieve the best product experience, if there is some learning platform system vulnerabilities or bugs, we will check the operation of the BEC Camp Questions quiz guide in the first time, let the professional service personnel to help user to solve any problems. The CPA Business Environment and Concepts prepare torrent has many professionals, and they monitor the use of the user environment and the safety of the learning platform timely, for there are some problems with those still in the incubation period of strict control, thus to maintain the BEC Camp Questions quiz guide timely, let the user comfortable working in a better environment.
AICPA BEC Camp Questions - Many customers may be doubtful about our price.
Our BEC Camp Questions preparation practice are highly targeted and have a high hit rate, there are a lot of learning skills and key points in the exam, even if your study time is very short, you can also improve your BEC Camp Questions exam scores very quickly. Even if you have a week foundation, I believe that you will get the certification by using our BEC Camp Questions study materials. We can claim that with our BEC Camp Questions practice engine for 20 to 30 hours, you will be ready to pass the exam with confidence.
Our exam questions just need students to spend 20 to 30 hours practicing on the platform which provides simulation problems, can let them have the confidence to pass the BEC Camp Questions exam, so little time great convenience for some workers. It must be your best tool to pass your exam and achieve your target.
BEC PDF DEMO:
QUESTION NO: 1
Which of the following statements regarding the existence of substitute products is true?
A. The impact of substitutes will have more of an effect on the competitive environment of a firm if the
substitutes are readily available for customers to obtain.
B. When the cost of buyers switching to new products is high, the effect of substitutes on the competitive
environment of a firm is high.
C. If many close substitutes exist, buyers have little choice of products and may be willing to pay a higher
price for the products that are available.
D. If substitutes have equal performance and are priced at or below the firm's product, the competitive
force of substitutes with respect to the firm is weak.
Answer: A
Explanation:
Choice "a" is correct. The impact of substitutes will have more of an effect on the competitive environment
of a firm if the substitutes are readily available to consumers.
Choice "b" is incorrect. When the cost of buyers switching to new products is low (not high), the effect of
substitutes on the competitive environment of a firm is high.
Choice "c" is incorrect. If few (not many close) substitutes exist, buyers have little choice of products and
may be willing to pay a higher price for the products that are available.
Choice "d" is incorrect. If substitutes have equal performance and are priced at or below the firm's product,
the competitive force of substitutes with respect to the firm is strong (not weak).
QUESTION NO: 2
A working capital technique that increases the payable float and, therefore, delays the outflow of cash is:
A. Concentration banking.
B. A draft.
C. A lock-box system.
D. The use of a local post office box.
Answer: B
Explanation:
Choice "b" is correct. A draft is a working capital technique that increases the payable float and, therefore,
delays the outflow of cash.
Each of the three following choices accelerate the flow of cash and/or data:
Choice "a" is incorrect. Concentration banking automatically channels funds from every source of the business into a single usable account, thus quickly identifying available funds each day, and moving them
to accounts that have funding requirements that day, and investing the remainder in short-term, interestbearing instruments until needed.
Choice "c" is incorrect. A lock-box system is simply a central collection location that receives payment checks (generally, the bank where a central checking account is maintained by the firm).
Choice "d" is incorrect. The use of a local post office box allows more rapid access to mail than actual delivery to a street address.
QUESTION NO: 3
If a firm increases its cash balance by issuing additional shares of common stock, working capital:
A. Remains unchanged and the current ratio remains unchanged.
B. Increases and the current ratio remains unchanged.
C. Increases and the current ratio decreases.
D. Increases and the current ratio increases.
Answer: D
Explanation:
Choice "d" is correct. If a firm increases its cash balance by issuing additional shares of common stock,
working capital increases and the current ratio increases.
QUESTION NO: 4
Demand for a product tends to be price inelastic if:
A. The product is considered a luxury item.
B. Few good complements for the product are available.
C. People spend a large share of their income on the product.
D. Few good substitutes are available for the product.
Answer: D
Explanation:
Choice "d" is correct. Demand for a product tends to be price inelastic if few good substitutes are available
for the product. Even if price increases, consumers are then unable to switch to substitute goods, because there aren't any.
Choice "a" is incorrect. Luxury items may have good substitutes available.
Choice "b" is incorrect. Complementary goods are those whose demand fluctuates in unison; substitute
goods are more relevant here.
Choice "c" is incorrect. If consumers spend a large share of their income on the product, they will be very
sensitive to any price changes and hence product demand would be more "elastic."
QUESTION NO: 5
Youngsten Electric is contemplating new projects for the next year that will require
$30,000,000 of new
financing. In keeping with its capital structure, Youngsten plans to use debt & equity financing as follows:
* Issue $10,000,000 of 20-year bonds at a price of 101.5, with a coupon of 10%, and flotation costs of
2 .5% of par value.
* Use internal funds generated from earnings of $20,000,000.
The equity market is expected to earn 15%. U.S. treasury bonds currently are yielding 9%. The beta coefficient for Youngsten's common stock is estimated to be .8. Youngsten is subject to a 40% corporate
income tax rate. Youngsten has a price/earnings ratio of 10, a constant dividend payout ratio of 40%, and
an expected growth rate of 12%.
An analysis of Youngsten's planned equity financing using Capital Asset Pricing Model (or Security
Market Line) would incorporate only the:
A. Expected market earnings, the current U.S. Treasury bond yield, and the beta coefficient.
B. Expected market earnings and the price' earnings ratio.
C. Current U.S. Treasury bond yield, the price/earnings ratio, and the beta coefficient.
D. Current U.S. Treasury bond yield and the dividend payout ratio.
Answer: A
Explanation:
Choice "a" is correct. The capital asset pricing model formula is:
R = RF + B (RM-RF)
Where:
R = Required return rate on equity
RF = Risk free rate earned on U.S. treasury bonds.
B = Beta coefficient
RM = Expected market return (earnings).
Choices "b", "c", and "d" are incorrect, per the above Explanation:.
SAP C-THR86-2405 - So you will have a positive outlook on life. Here comes Microsoft AZ-800 exam materials which contain all of the valid Microsoft AZ-800 study questions. In the meantime, all your legal rights will be guaranteed after buying our Adobe AD0-E906 study materials. So we never stop the pace of offering the best services and SAP C_LCNC_2406 practice materials for you. Even the Splunk SPLK-1002 test syllabus is changing every year; our experts still have the ability to master the tendency of the important knowledge as they have been doing research in this career for years.
Updated: May 26, 2022