In the current market, there are too many products of the same type. It is actually very difficult to select the BEC Valid Braindumps Sheet practice prep that you love the most with only product introduction. Our trial version of our BEC Valid Braindumps Sheet study materials can be a good solution to this problem. According to different audience groups, our products for the examination of the teaching content of a careful division, so that every user can find a suitable degree of learning materials. More and more candidates choose our BEC Valid Braindumps Sheet quiz guide, they are constantly improving, so what are you hesitating about? As long as users buy our products online, our CPA Business Environment and Concepts practice materials will be shared in five minutes, so hold now, but review it! Someone around you must be using our BEC Valid Braindumps Sheet exam questions.
AICPA Certification BEC You really don't have time to hesitate.
AICPA Certification BEC Valid Braindumps Sheet - CPA Business Environment and Concepts Omgzlook is a wonderful study platform that can transform your effective diligence in to your best rewards. I believe this will also be one of the reasons why you choose our BEC Certification Dumps study materials. After you use BEC Certification Dumps real exam，you will not encounter any problems with system .
With all this reputation, our company still take customers first, the reason we become successful lies on the professional expert team we possess , who engage themselves in the research and development of our BEC Valid Braindumps Sheet learning guide for many years. So we can guarantee that our BEC Valid Braindumps Sheet exam materials are the best reviewing material. Concentrated all our energies on the study BEC Valid Braindumps Sheet learning guide we never change the goal of helping candidates pass the exam.
AICPA BEC Valid Braindumps Sheet - It is all about efficiency and accuracy.
With the improvement of people’s living standards, there are more and more highly educated people. To defeat other people in the more and more fierce competition, one must demonstrate his extraordinary strength. Today, getting BEC Valid Braindumps Sheet certification has become a trend, and BEC Valid Braindumps Sheet exam dump is the best weapon to help you pass certification. We all know that obtaining the BEC Valid Braindumps Sheet certification is very difficult, and students who want to pass the exam often have to spend a lot of time and energy. After years of hard work, the experts finally developed a set of perfect learning materials BEC Valid Braindumps Sheet practice materials that would allow the students to pass the exam easily. With our study materials, you only need 20-30 hours of study to successfully pass the exam and reach the peak of your career. What are you waiting for? Come and buy it now.
And our website has already became a famous brand in the market because of our reliable BEC Valid Braindumps Sheet exam questions. Different from all other bad quality practice materials that cheat you into spending much money on them, our BEC Valid Braindumps Sheet exam materials are the accumulation of professional knowledge worthy practicing and remembering.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
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: 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.
Are you still feeling distressed for expensive learning materials? Are you still struggling with complicated and difficult explanations in textbooks? Do you still hesitate in numerous tutorial materials? IIA IIA-CIA-Part3-CN study guide can help you to solve all these questions. Oracle 1z1-819 - For more textual content about practicing exam questions, you can download our products with reasonable prices and get your practice begin within 5 minutes. SAP P_SAPEA_2023 - You can directly select our products. SAP C-THR89-2405 - And you can free donwload the demos to have a look. A good choice can make one work twice the result with half the effort, and our SAP C-HRHPC-2405 study materials will be your right choice.
Updated: May 26, 2022