Whether to pass the exam successfully, it consists not in how many materials you have seen, but in if you find the right method. Omgzlook is the right method which can help you sail through AICPA BEC Reliable Exam Objectives Pdf certification exam. Are you worrying about how to pass AICPA BEC Reliable Exam Objectives Pdf test? Now don't need to worry about the problem. Its accuracy rate is 100% and let you take the exam with peace of mind, and pass the exam easily. In order to meet the needs of each candidate, the team of IT experts in Omgzlook are using their experience and knowledge to improve the quality of exam training materials constantly. What we provide for you is the latest and comprehensive BEC Reliable Exam Objectives Pdf exam dumps, the safest purchase guarantee and the immediate update of BEC Reliable Exam Objectives Pdf exam software.
AICPA Certification BEC So, the competition is in fierce in IT industry.
We will be with you in every stage of your BEC - CPA Business Environment and Concepts Reliable Exam Objectives Pdf exam preparation to give you the most reliable help. Instead of wasting your time on preparing for Latest BEC Exam Practice exam, you should use the time to do significant thing. Therefore, hurry to visit Omgzlook to know more details.
Omgzlook is a reliable study center providing you the valid and correct BEC Reliable Exam Objectives Pdf questions & answers for boosting up your success in the actual test. BEC Reliable Exam Objectives Pdf PDF file is the common version which many candidates often choose. If you are tired with the screen for study, you can print the BEC Reliable Exam Objectives Pdf pdf dumps into papers.
AICPA BEC Reliable Exam Objectives Pdf - You can enjoy the nice service from us.
How to improve your IT ability and increase professional IT knowledge of BEC Reliable Exam Objectives Pdf real exam in a short time? Obtaining valid training materials will accelerate the way of passing BEC Reliable Exam Objectives Pdf actual test in your first attempt. It will just need to take one or two days to practice AICPA BEC Reliable Exam Objectives Pdf test questions and remember answers. You will free access to our test engine for review after payment.
In the course of your study, the test engine of BEC Reliable Exam Objectives Pdf actual exam will be convenient to strengthen the weaknesses in the learning process. This can be used as an alternative to the process of sorting out the wrong questions of BEC Reliable Exam Objectives Pdf learning guide in peacetime learning, which not only help you save time, but also makes you more focused in the follow-up learning process with our BEC Reliable Exam Objectives Pdf learning materials.
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
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: 3
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: 4
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.
QUESTION NO: 5
Youngsten Electric is contemplating new projects for the next year that will require
$30,000,000 of new
financing. In keeping with its capital structure, Youngsten plans to use debt & equity financing as follows:
* Issue $10,000,000 of 20-year bonds at a price of 101.5, with a coupon of 10%, and flotation costs of
2 .5% of par value.
* Use internal funds generated from earnings of $20,000,000.
The equity market is expected to earn 15%. U.S. treasury bonds currently are yielding 9%. The beta coefficient for Youngsten's common stock is estimated to be .8. Youngsten is subject to a 40% corporate
income tax rate. Youngsten has a price/earnings ratio of 10, a constant dividend payout ratio of 40%, and
an expected growth rate of 12%.
An analysis of Youngsten's planned equity financing using Capital Asset Pricing Model (or Security
Market Line) would incorporate only the:
A. Expected market earnings, the current U.S. Treasury bond yield, and the beta coefficient.
B. Expected market earnings and the price' earnings ratio.
C. Current U.S. Treasury bond yield, the price/earnings ratio, and the beta coefficient.
D. Current U.S. Treasury bond yield and the dividend payout ratio.
Answer: A
Explanation:
Choice "a" is correct. The capital asset pricing model formula is:
R = RF + B (RM-RF)
Where:
R = Required return rate on equity
RF = Risk free rate earned on U.S. treasury bonds.
B = Beta coefficient
RM = Expected market return (earnings).
Choices "b", "c", and "d" are incorrect, per the above Explanation:.
Each question in Microsoft PL-400-KR pass guide is certified by our senior IT experts to improve candidates' ability and skills. And Microsoft PL-500 study materials provide free trial service for consumers. The intelligence and customizable Oracle 1Z0-106 training material will help you get the Oracle 1Z0-106 certification successfully. To lead a respectable life, our specialists made a rigorously study of professional knowledge about this Microsoft PL-900-KR exam. We not only provide you valid HP HPE2-T37 exam answers for your well preparation, but also bring guaranteed success results to you.
Updated: May 26, 2022