We can provide absolutely high quality guarantee for our BEC Practice Exam Online practice materials, for all of our BEC Practice Exam Online learning materials are finalized after being approved by industry experts. Without doubt, you will get what you expect to achieve, no matter your satisfied scores or according BEC Practice Exam Onlinecertification file. As long as you choose our BEC Practice Exam Online exam questions, you will get the most awarded. I hope our study materials can accompany you to pursue your dreams. If you can choose BEC Practice Exam Online test guide, we will be very happy. You can practice the questions on practice software in simulated real BEC Practice Exam Online exam scenario or you can use simple PDF format to go through all the real BEC Practice Exam Online exam questions.
So are our BEC Practice Exam Online exam braindumps!
Our BEC - CPA Business Environment and Concepts Practice Exam Online training materials are regarded as the most excellent practice materials by authority. There are so many advantages of our Latest Study BEC Questions Sheet actual exam, and you are welcome to have a try! We have put substantial amount of money and effort into upgrading the quality of our Latest Study BEC Questions Sheet preparation materials, into our own Latest Study BEC Questions Sheet sales force and into our after sale services.
Time is flying and the exam date is coming along, which is sort of intimidating considering your status of review process. The more efficient the materials you get, the higher standard you will be among competitors. So, high quality and high accuracy rate BEC Practice Exam Online practice materials are your ideal choice this time.
AICPA BEC Practice Exam Online - This is really amazing.
Due to continuous efforts of our experts, we have exactly targeted the content of the BEC Practice Exam Online exam. You will pass the BEC Practice Exam Online exam after 20 to 30 hours' learning with our BEC Practice Exam Online study material. If you fail to pass the exam, we will give you a refund. Many users have witnessed the effectiveness of our BEC Practice Exam Online guide braindumps you surely will become one of them. Try it right now! And we will let you down.
From the view of specialized examination point, it is necessary to teach you tips about the exam. You need to outsmart, and do not give your future the chance of failure.
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
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: 4
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: 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.
The learning of our HP HPE6-A86 study materials costs you little time and energy and we update them frequently. SAP C_C4H62_2408 - You only need to select the appropriate training materials. Adobe AD0-E908 - Many people want to be the competent people which can excel in the job in some area and be skillful in applying the knowledge to the practical working in some industry. SAP C-SIGDA-2403 - Don't you believe in it? Omgzlook real questions and answers are the materials that it can help you get high marks and pass the certification exam. Saving the precious time users already so, also makes the ACAMS CAMS-KR quiz torrent look more rich, powerful strengthened the practicability of the products, to meet the needs of more users, to make the ACAMS CAMS-KR test prep stand out in many similar products.
Updated: May 26, 2022