Sept 13th Quiz Flashcards
Structural unemployment can be due to…
Job shifted to location employee can’t easily move to
What index measures the portfolio return per unit of risk?
Treynor index
If a retailer terms of trade are 3/10 net 45, what is the cost on an annual basis of not taking the discount? Assume 360 day year
Just give 4 steps
1) 0.03/.97 = 3.093%
2) 45 days - 10 days = 35 days
3) 360/35 days = 10.286
4) 10.286 x 3.093%
In requires to the Internet, organizations must use firewalls if they wish to…
Maintain security over internal data
A firm that wishes to ensure that it receives the entire proceeds of an investment is concerned about…2
Marketability and default risk
What is the primary disadvantage if using ROI rather than residual income to evaluate the performance of investment center managers?
ROI may lead to rejecting projects that yield positive cash flows
In developing countries increased demand for raw materials and infrastructure development would…
Not increase demand for many no renewable resources
Economic order quantity formula assumes that…
Periodic demand for good is known
Weighted average direct labor EUs, equation
Direct labor EUs = Units completed + work done on ending inventory
Weighted average Cost per direct labor EU equation
Cost per direct labor EU = Total labor cost/equivalent units
Top down risk assessment (TDRA) of SOX 404 does not deal with…
Doesn’t deal with fraud and embezzlement
An EDP control used to assure that paychecks had been written for all employees for a pay period would be use of…
Hash total on employee social security numbers
High debt to GDP ratios and decreasing trade among and between emerging market countries would…
Not be characterstic of emerging market countries
Resource base figures prominently in performance measures such as return on investment, residual income and economic value added. The theoretically superior investment base would be…
Replacement value
A company authorizes access to employees only on data required for accomplishing their jobs. This approach is known as access on…
A need to know basis
