When the some candidates through how many years attempted to achieve a goal to get BEC Test Blueprint certification, had still not seen success hope, candidate thought always depth is having doubts unavoidably bog: can I get BEC Test Blueprint certification? When can I get BEC Test Blueprint certification? In this a succession of question behind, is following close on is the suspicion and lax. In fact, passing BEC Test Blueprint certification exam is just a piece of cake! But in realistic society, some candidates always say that this is difficult to accomplish. Obtaining an IT certification shows you are an ambitious individual who is always looking to improve your skill set. Most companies think highly of this character. Advances in technology allow us to learn freely on mobile devices.
AICPA Certification BEC We provide tracking services to all customers.
Our BEC - CPA Business Environment and Concepts Test Blueprint practice dumps enjoy popularity throughout the world. But the country's demand for high-end IT staff is still expanding, internationally as well. So many people want to pass AICPA BEC Real Question On The Exam certification exam.
Our BEC Test Blueprint free demo provides you with the free renewal in one year so that you can keep track of the latest points happening. As the questions of exams of our BEC Test Blueprint exam dumps are more or less involved with heated issues and customers who prepare for the exams must haven’t enough time to keep trace of exams all day long, our BEC Test Blueprint practice engine can serve as a conducive tool for you make up for those hot points you have ignored. You will be completed ready for your BEC Test Blueprint exam.
AICPA BEC Test Blueprint - We can help you to achieve your goals.
With the help of our BEC Test Blueprint practice materials, you can successfully pass the actual exam with might redoubled. Our company owns the most popular reputation in this field by providing not only the best ever BEC Test Blueprint 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 Test Blueprint exam dumps and achieve your desired higher salary by getting a more important position in the company.
I think that for me is nowhere in sight. But to succeed you can have a shortcut, as long as you make the right choice.
BEC PDF DEMO:
QUESTION NO: 1
A limited liability partnership must:
A. File registration documents with the state in which it is formed.
B. Hold all partners personally liable for all debts and liabilities of the partnership and partners.
C. Carry no less than one hundred thousand dollars of property insurance.
D. Not have partners with professional licenses.
Answer: A
Explanation:
Choice "a" is correct. Rule: To have limited liability, an LLP must file with the state a registration statement
usually referred to as Articles of LLP. It is generally designed for professionals who desire to be partners
with other like professionals and yet not have liability for the malpractice of their partners. Some states
require that personal liability insurance (not property insurance) be carried to protect those harmed by the
professionals' malpractice. Choices "b", "c", and "d" are incorrect, per the above rule.
QUESTION NO: 2
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: 3
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: 4
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: 5
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.
Compared with products from other companies, our Microsoft AZ-800 practice materials are responsible in every aspect. When you suspect your level of knowledge, and cramming before the exam, do you think of how to pass the AICPA Microsoft SC-400 exam with confidence? Do not worry, Omgzlook is the only provider of training materials that can help you to pass the exam. Our Dell DC0-200 practice guide well received by the general public for immediately after you have made a purchase for our Dell DC0-200 exam prep, you can download our Dell DC0-200 study materials to make preparations for the exams. Microsoft MB-820 - The SOFT version simulates the real exam which will give you more realistic feeling. That is to say, there is absolutely no mistake in choosing our Network Appliance NS0-700 test guide to prepare your exam, you will pass your exam in first try and achieve your dream soon.
Updated: May 26, 2022