Our valid BEC Download Demo practice questions are created according to the requirement of the certification center based on the real questions. Our team always checked and revised BEC Download Demo dumps pdf to ensure the accuracy of our preparation study materials. We guarantee that our BEC Download Demo exam prep is cost-efficient and affordable for most candidates who want to get certification quickly in their first try. You can take part in the real BEC Download Demo exam after you have memorized all questions and answers accurately. Also, we just pick out the most important knowledge to learn. Dear everyone, you can download the BEC Download Demo free demo for a little try.
AICPA Certification BEC Add Omgzlook's products to cart now!
BEC - CPA Business Environment and Concepts Download Demo practice quiz is equipped with a simulated examination system with timing function, allowing you to examine your BEC - CPA Business Environment and Concepts Download Demo learning results at any time, keep checking for defects, and improve your strength. We promise that we will do our best to help you pass the AICPA certification BEC Valid Real Test Questions exam. Omgzlook's providing training material is very close to the content of the formal examination.
Our BEC Download Demo exam materials give real exam environment with multiple learning tools that allow you to do a selective study and will help you to get the job that you are looking for. Moreover, we also provide 100% money back guarantee on our BEC Download Demo exam materials, and you will be able to pass the BEC Download Demo exam in short time without facing any troubles. By clearing different AICPA exams, you can easily land your dream job.
You will be completed ready for your AICPA BEC Download Demo exam.
Omgzlook's AICPA BEC Download Demo exam training materials provide the two most popular download formats. One is PDF, and other is software, it is easy to download. The IT professionals and industrious experts in Omgzlook make full use of their knowledge and experience to provide the best products for the candidates. We can help you to achieve your goals.
Our company owns the most popular reputation in this field by providing not only the best ever BEC Download Demo study guide but also the most efficient customers’ servers. We can lead you the best and the fastest way to reach for the certification of BEC Download Demo exam dumps and achieve your desired higher salary by getting a more important position in the company.
BEC PDF DEMO:
QUESTION NO: 1
Which one of the following is not a characteristic of a negotiable certificate of deposit?
Negotiable
certificates of deposit:
A. Have a secondary market for investors.
B. Are regulated by the Federal Reserve System.
C. Are usually sold in denominations of a minimum of $100,000.
D. Have yields considerably greater than bankers' acceptances and commercial paper.
Answer: D
Explanation:
Choice "d" is correct. Negotiable CDs generally carry interest rates slightly lower than bankers' acceptances (which are drafts drawn on deposits at a bank) or commercial paper (which is unsecured debt issued by credit worthy customers).
Choice "a" is incorrect. Negotiable CDs have a formal secondary market.
Choice "b" is incorrect. Negotiable CDs are a product of the banking industry, which is regulated by the
Federal Reserve Board.
Choice "c" is incorrect. Negotiable CDs are usually sold in denominations of a minimum of $100,000.
QUESTION NO: 2
The president of a company has signed a $10 million contract with a construction company to build a new
corporate office. Which of the following corporate documents sets forth the scope of authority under which
this transaction is governed?
A. Certificate of Incorporation.
B. Charter.
C. Bylaws.
D. Proxy statement.
Answer: C
Explanation:
Choice "c" is correct. The bylaws usually contain the rules for running the corporation. Choices "a" and "b"
are incorrect. These are possible choices, but not as good an answer as "c". A corporation's articles of incorporation (called a charter in a few states) must set out certain information relevant to formation of the
corporation, but it may include any other information that it is not illegal. However, usually details about
intracorporate power are set out in bylaws rather than in the articles or charter.
Choice "d" is incorrect. A proxy statement is a request to shareholders to allow their shares to be voted by
a specified person in a specified way. It has nothing to do with a corporate president's authority.
QUESTION NO: 3
Which of the following is incorrect with regard to value chain analysis?
A. Value chain analysis must be used in conjunction with the strategic plan of the organization.
B. Value chain analysis is critical to assessing the competitive advantage of a firm.
C. Value chain analysis is a strategic tool that assists the firm in determining how important the perceived
value of the buyers is with respect to the market the firm operates in.
D. The value chain starts with the firm and goes all the way through to the end users of the product.
Answer: D
Explanation:
Choice "d" is an incorrect statement and the correct choice. The best description of a value chain is that
value starts with the suppliers who provide the raw materials for a production process, continues with the
firm and its strategic plan, continues with the value created by the customers, and then ends with th e
disposal and recycling of the materials.
Choices "a", "b", and "c" are incorrect, as all are correct statements with regard to value chain analysis.
QUESTION NO: 4
In 1992, Anchor, Chain, and Hook created ACH Associates, a general partnership. The partners orally
agreed that they would work full time for the partnership and would distribute profits based on their capital
contributions. Anchor contributed $5,000; Chain $10,000; and Hook $15,000.
For the year ended December 31, 1993, ACH Associates had profits of $60,000 that were distributed to
the partners. During 1994, ACH Associates was operating at a loss. In September 1994, the partnership
dissolved.
In October 1994, Hook contracted in writing with Ace Automobile Co. to purchase a car for the partnership.
Hook had previously purchased cars from Ace Automobile Co. for use by ACH Associates partners.
ACH
Associates did not honor the contract with Ace Automobile Co. and Ace Automobile Co. sued the partnership and the individual partners.
Determine whether (A) or (B) is correct. Select the answer that corresponds to the correct statement.
A. ACH Associates and Hook would be the only parties liable to pay any judgment recovered by Ace
Automobile Co.
B. Anchor, Chain, and Hook would be jointly and severally liable to pay any judgment recovered by
Ace
Automobile Co.
Answer: B
Explanation:
Choice "b" is correct. Since Ace brought suit against both the partnership and the individual partners, if
judgment is rendered against the partnership, all partners could be held jointly and severally liable.
QUESTION NO: 5
An increase in government spending will tend to cause:
A. Real GDP to fall and unemployment to rise.
B. Real GDP to rise and unemployment to fall.
C. Real GDP to rise and unemployment to rise.
D. Real GDP to fall and unemployment to fall.
Answer: B
Explanation:
Choice "b" is correct. An increase in government spending causes an increase in aggregate demand
(i.e.,
causes the aggregate demand curve to shift right). As a result, an increase in government spending causes real GDP to rise and unemployment to fall.
Choice "a" is incorrect. Real GDP will rise, not fall.
Choice "c" is incorrect. Unemployment will fall, not rise.
Choice "d" is incorrect. Real GDP will rise, not fall.
Then go to buy Omgzlook's AICPA Network Appliance NS0-404 exam training materials, it will help you achieve your dreams. After your purchase of our VMware 2V0-12.24 exam braindumps, the after sales services are considerate as well. SAP C_C4H51_2405 - Our training materials, including questions and answers, the pass rate can reach 100%. The more time you spend in the preparation for SAP C-THR84-2405 learning engine, the higher possibility you will pass the exam. When you are faced with the real exam, you can pass AICPA PMI DASM test easily.
Updated: May 26, 2022