The 99% pass rate of BEC Test Preparation training vce will ensure you 100% pass. The way to pass the BEC Test Preparation actual test is diverse. You can choose the one which is with high efficiency and less time and energy invested to get qualified by BEC Test Preparation certification. In order to meet the requirements of our customers, Our BEC Test Preparation test questions carefully designed the automatic correcting system for customers. It is known to us that practicing the incorrect questions is very important for everyone, so our BEC Test Preparation exam question provide the automatic correcting system to help customers understand and correct the errors. As the advanced and reliable website, Omgzlook will offer you the best study material and help you 100% pass.
AICPA Certification BEC Life is a long journey.
AICPA Certification BEC Test Preparation - CPA Business Environment and Concepts Our behavior has been strictly ethical and responsible to you, which is trust worthy. Reliable BEC Exam Preparation exam questions have a very high hit rate, of course, will have a very high pass rate. Before you select a product, you must have made a comparison of your own pass rates.
The Omgzlook’ AICPA Testing Engine provides an expert help and it is an exclusive offer for those who spend most of their time in searching relevant content in the books. It offers demos free of cost in the form of the free BEC Test Preparation dumps. The AICPA BEC Test Preparation exam questions aid its customers with updated and comprehensive information in an innovative style.
AICPA BEC Test Preparation - We can provide you with a free trial version.
Unlike other kinds of exam files which take several days to wait for delivery from the date of making a purchase, our BEC Test Preparation study materials can offer you immediate delivery after you have paid for them. The moment you money has been transferred to our account, and our system will send our BEC Test Preparationtraining dumps to your mail boxes so that you can download BEC Test Preparation exam questions directly. It is fast and convenient out of your imagination.
Because our products are compiled by experts from various industries and they are based on the true problems of the past years and the development trend of the industry. What's more, according to the development of the time, we will send the updated materials of BEC Test Preparation test prep to the customers soon if we update the products.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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.
QUESTION NO: 4
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: 5
Corbin Inc. can issue three-month commercial paper with a face value of $1,000,000 for
$980,000.
Transaction costs would be $1,200. The effective annualized percentage cost of the financing, based on a
3 60-day year, would be:
A. 2.16%
B. 8.48%
C. 8.65%
D. 8.00%
Answer: C
Explanation:
Choice "c" is correct. The cost to issue the commercial paper is the $20,000 original issue discount ( $1 million - $980,000), plus transaction costs of $1,200 for a total of $21,200. Therefore, it costs $21,200 to
borrow $980,000 for 3 months. The 3-month interest cost is 2.16% ($21,200 / $980,000).
The annual interest cost is 8.65%
Choices "a", "b", and "d" are incorrect, per the above calculation.
Meanwhile, if you want to keep studying this course , you can still enjoy the well-rounded services by VMware 3V0-21.23 test prep, our after-sale services can update your existing VMware 3V0-21.23 study quiz within a year and a discount more than one year. As long as you buy our Huawei H35-672_V1.0 study quiz, you will find that we update it from time to time according to the exam center. Our SHRM SHRM-SCP exam questions can assure you that you will pass the SHRM SHRM-SCP exam as well as getting the related certification under the guidance of our SHRM SHRM-SCP study materials as easy as pie. With our test-oriented ISACA CISA test prep in hand, we guarantee that you can pass the ISACA CISA exam as easy as blowing away the dust, as long as you guarantee 20 to 30 hours practice with our ISACA CISA study materials. Our ISC CISSP-KR study guide has three formats which can meet your different needs: PDF, software and online.
Updated: May 26, 2022