Because the most clients may be busy in their jobs or other significant things, the time they can spare to learn our BEC Exam Guide Materials learning guide is limited and little. But if the clients buy our BEC Exam Guide Materials training quiz they can immediately use our product and save their time. And the quality of our exam dumps are very high! The society warmly welcomes struggling people. You will really benefit from your correct choice. And here, fortunately, you have found the BEC Exam Guide Materials exam braindumps, a learning platform that can bring you unexpected experiences.
AICPA Certification BEC Everyone has their own dreams.
Most of the experts have been studying in the professional field for many years and have accumulated much experience in our BEC - CPA Business Environment and Concepts Exam Guide Materials practice questions. Why? Because you have Omgzlook's AICPA Latest BEC Exam Objectives Pdf exam training materials. Omgzlook's AICPA Latest BEC Exam Objectives Pdf exam training materials are the best training materials for IT certification.
Nowadays the requirements for jobs are higher than any time in the past. The job-hunters face huge pressure because most jobs require both working abilities and profound major knowledge. Passing BEC Exam Guide Materials exam can help you find the ideal job.
AICPA BEC Exam Guide Materials - If you fail, don't forget to learn your lesson.
All exam materials in BEC Exam Guide Materials learning materials contain PDF, APP, and PC formats. They have the same questions and answers but with different using methods. If you like to take notes randomly according to your own habits while studying, we recommend that you use the PDF format of our BEC Exam Guide Materials study guide. And besides, you can take it with you wherever you go for it is portable and takes no place. So the PDF version of our BEC Exam Guide Materials exam questions is convenient.
Downloading the BEC Exam Guide Materials free demo doesn't cost you anything and you will learn about the pattern of our practice exam and the accuracy of our BEC Exam Guide Materials test answers. We constantly check the updating of BEC Exam Guide Materials vce pdf to follow the current exam requirement and you will be allowed to free update your pdf files one-year.
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.
We often ask, what is the purpose of learning? Why should we study? Why did you study for Microsoft SC-200exam so long? As many people think that, even if one day we forget the formula for the area of a triangle, we can still live very well, but if it were not for the knowledge of learning Microsoft SC-200 exam and try to obtain certification, how can we have the opportunity to good to future life? So, the examination is necessary, only to get the test Microsoft SC-200 certification, get a certificate, to prove better us, to pave the way for our future life. Our Microsoft MD-102 practice exam available in three modes, pdf files, and PC test engine and online test engine, which apply to any level of candidates. Improving your efficiency and saving your time has always been the goal of our Dell D-PWF-DY-A-00 preparation exam. You can use the Fortinet FCSS_ADA_AR-6.7 online test off-line, while you should run it in the network environment. IBM C1000-138 - The clients can choose the version which supports their equipment on their hands to learn.
Updated: May 26, 2022