The software version of our BEC Valid Test Dumps.Zip study engine is designed to simulate a real exam situation. You can install it to as many computers as you need as long as the computer is in Windows system. And our software of the BEC Valid Test Dumps.Zip training material also allows different users to study at the same time. We strongly advise you to have a brave attempt. You will own a wonderful experience after you learning our BEC Valid Test Dumps.Zip guide practice. It can be said that BEC Valid Test Dumps.Zip test guide is the key to help you open your dream door.
AICPA Certification BEC And the quality of our exam dumps are very high!
In order to survive in the society and realize our own values, learning our BEC - CPA Business Environment and Concepts Valid Test Dumps.Zip practice engine is the best way. What the certificate main? All kinds of the test BEC New APP Simulations certification, prove you through all kinds of qualification certificate, it is not hard to find, more and more people are willing to invest time and effort on the BEC New APP Simulations exam guide, because get the test BEC New APP Simulations certification is not an easy thing, so, a lot of people are looking for an efficient learning method. And here, fortunately, you have found the BEC New APP Simulations exam braindumps, a learning platform that can bring you unexpected experiences.
If you choose Omgzlook, success is not far away for you. And soon you can get AICPA certification BEC Valid Test Dumps.Zip exam certificate. The product of Omgzlook not only can 100% guarantee you to pass the exam, but also can provide you a free one-year update service.
AICPA BEC Valid Test Dumps.Zip - You may try it!
Everyone has a utopian dream in own heart. Dreams of imaginary make people feel disheartened. In fact, as long as you take the right approach, everything is possible. You can pass the AICPA BEC Valid Test Dumps.Zip exam easily. Why? Because you have Omgzlook's AICPA BEC Valid Test Dumps.Zip exam training materials. Omgzlook's AICPA BEC Valid Test Dumps.Zip exam training materials are the best training materials for IT certification. It is famous for the most comprehensive and updated by the highest rate. It also can save time and effort. With it, you will pass the exam easily. If you pass the exam, you will have the self-confidence, with the confidence you will succeed.
Passing BEC Valid Test Dumps.Zip exam can help you find the ideal job. If you buy our BEC Valid Test Dumps.Zip test prep you will pass the exam easily and successfully，and you will realize you dream to find an ideal job and earn a high income.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
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: 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.
Although you are busy working and you have not time to prepare for the exam, you want to get AICPA IIA IIA-CIA-Part3-3P-KR certificate. However, our Huawei H28-111_V1.0 training materials can offer better condition than traditional practice materials and can be used effectively. Microsoft MB-700 - For IT staff, not having got the certificate has a bad effect on their job. All precise information on the BCS TTA-19 exam questions and high accurate questions are helpful. Once you purchased our Hitachi HQT-4420 exam dump, we will try our best to help you pass Hitachi HQT-4420 exam.
Updated: May 26, 2022