We often ask, what is the purpose of learning? Why should we study? Why did you study for BEC Exam Guide Materialsexam 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 BEC Exam Guide Materials 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 BEC Exam Guide Materials certification, get a certificate, to prove better us, to pave the way for our future life. Our website aimed to helping you and fully supporting you to pass BEC Exam Guide Materials actual test with high passing score in your first try. So we prepared top BEC Exam Guide Materials pdf torrent including the valid questions and answers written by our certified professionals for you. If you are willing to try our BEC Exam Guide Materials study materials, we believe you will not regret your choice.
AICPA Certification BEC Do not reject learning new things.
We are facilitating the customers for the AICPA BEC - CPA Business Environment and Concepts Exam Guide Materials preparation with the advanced preparatory tools. We believe our study materials will be very useful and helpful for all people who are going to prepare for the BEC Valid Test Simulator exam. There are a lot of excellent experts and professors in our company.
we believe that all students who have purchased BEC Exam Guide Materials practice dumps will be able to successfully pass the professional qualification exam as long as they follow the content provided by our BEC Exam Guide Materials study materials, study it on a daily basis, and conduct regular self-examination through mock exams. Our BEC Exam Guide Materials study materials offer you a free trial service, and you can download our trial questions bank for free. I believe that after you try BEC Exam Guide Materials training engine, you will love them.
AICPA BEC Exam Guide Materials - The dynamic society prods us to make better.
Our BEC Exam Guide Materials study materials have a professional attitude at the very beginning of its creation. The series of BEC Exam Guide Materials measures we have taken is also to allow you to have the most professional products and the most professional services. I believe that in addition to our BEC Exam Guide Materials exam questions, you have also used a variety of products. We believe if you compare our BEC Exam Guide Materials training guide with the others, you will choose ours at once.
As we know, our products can be recognized as the most helpful and the greatest BEC Exam Guide Materials study engine across the globe. Even though you are happy to hear this good news, you may think our price is higher than others.
BEC PDF DEMO:
QUESTION NO: 1
The use of an accelerated method instead of the straight-line method of depreciation in computing the net
present value of a project has the effect of:
A. Raising the hurdle rate necessary to justify the project.
B. Lowering the net present value of the project.
C. Increasing the present value of the depreciation tax shield.
D. Increasing the cash outflows at the initial point of the project.
Answer: C
Explanation:
Rule: The greater the depreciation expense, the greater the depreciation tax shield.
Deprecation Tax Shield =
Depreciation Expense * Marginal Tax Rate
Choice "c" is correct. Use of an accelerated method instead of the straight-line method of depreciation in
computing the NPV of a project has the effect of increasing the PV of the deprecation tax shield.
Choice "a" is incorrect. Depreciation method does not affect the hurdle rate. The hurdle rate is independently selected by management.
Choice "b" is incorrect. Using an accelerated method instead of the straight-line method of depreciation
will increase the present value of the deprecation tax shield and therefore increase the net present value
of the project.
Choice "d" is incorrect. Depreciation method does not affect cash outflows at the initial point of the project.
QUESTION NO: 2
The theory underlying the cost of capital is primarily concerned with the cost of:
A. Long-term funds and old funds.
B. Short-term funds and new funds.
C. Long-term funds and new funds.
D. Any combination of old or new, short-term or long-term funds.
Answer: D
Explanation:
Choice "d" is correct. The cost of capital considers the cost of all funds - whether they are short-term, long-term, new or old.
Choices "a", "b", and "c" are incorrect, per above.
QUESTION NO: 3
Lisa is a limited partner in a limited partnership. Jen, one of the other limited partners, is seeking to sell
her interest in the partnership to Karen and allow Karen to become a new limited partner. Which of the
following statements is true?
A. Lisa may engage in the management of the limited partnership without losing her limited liability.
B. Jen may transfer her interest and make Karen a new limited partner without the approval of the other partners.
C. Jen may withdraw from the limited partnership without giving notice to the partnership.
D. Lisa has a right to vote on the transferring of interest to and admission of Karen as a limited partner.
Answer: D
Explanation:
Choice "d" is correct. Limited partners have the right to vote on the transfer of interest and admission of a
new partner. Admission of a new partner requires unanimous consent. Choice "a" is incorrect. A limited
partner who acts as a general partner loses her limited liability status to those she acted as a general partner towards. Choice "b" is incorrect. Partners can freely transfer their interests in profits and losses to
third parties, but the third party cannot become a limited partner without the unanimous consent of the
other partners.
Choice "c" is incorrect. Limited partners must give 6 months notice of withdrawal in absence of an agreement to the contrary.
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
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.
Users can learn the latest and latest test information through our SAP C-TS410-2022 test dumps. With the rapid market development, there are more and more companies and websites to sell Fortinet FCP_FMG_AD-7.4 guide torrent for learners to help them prepare for exam. At the same time, as long as the user ensures that the network is stable when using our Fortinet FCP_FCT_AD-7.2 training materials, all the operations of the learning material of can be applied perfectly. The content of our Cisco 700-805 study materials has always been kept up to date. EC-COUNCIL EC0-349 - You will also get more salary, and then you can provide a better life for yourself and your family.
Updated: May 26, 2022