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Questions in business
📝 Answered - Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of ________ income. a. capital gains b. earned c. hourly d. passive
📝 Answered - Consider each of the following questions as a separate, unrelated day of business. a) On Monday, you have a single request: Order A for 15,000 units. It must be fulfilled by a single factory. To which factory do you send the order? Explain your decision. Support your argument with numbers. A. Wichita with $1.00 per unit. B. Seattle with $0.75 per unit. C. Omaha with $0.82 per unit.
📝 Answered - What is a stop-loss provision? A. A provision where a provider agrees to only bill a patient up to a maximum amount. B. A provision that provides protection to a provider for medical expenses that exceed certain levels. C. A provision where a provider agrees to only bill an insurer up to a maximum amount. D. A provision where a provider agrees to accept patients that will not exceed a certain level of expenses.
📝 Answered - What is the primary goal of economic indicators? A. Gauging the health of the economy B. Predicting bond prices C. Calculating brokerage fees D. Setting stock prices
📝 Answered - How can a business owner best reduce the risk of injuries in the workplace? A. by offering a kitchen in the workplace B. by monitoring employee behavior C. by offering resources to nearby citizens D. by creating national workplace standards
📝 Answered - If you need to transfer a call, what is the first thing you should do? A. Apologize for prolonging the call B. Give your first name so he/she can let the person know made the transfer C. Explain why you need to transfer the call D. Give the caller the name of the person in case of disconnect
📝 Answered - When the group leader makes the final decision on a project, what type of decision-making strategy is being used? A. Minority rule B. Majority rule C. Nominal Group Technique D. Groupthink
📝 Answered - A company sells 100 units in June. Calculate the cost of goods sold using first-in, first-out. | | Units Received | Unit Cost | | :----- | :------------- | :-------- | | June 4 | 60 | $2.20 | | June 11| 20 | $2.90 | | June 18| 40 | $2.30 | | June 25| 60 | $2.20 | $[?] per unit
📝 Answered - What is a good strategy for a Supported Employment Professional (SEP) when fading support in the workplace? A. End all paid support to promote quick independence. B. Encourage the job seeker to handle all challenges alone. C. Gradually reduce support and encourage natural supports to step in. D. Keep providing daily support, even when the job seeker no longer needs it.
📝 Answered - Jose invested $50,000 at 12% for 4 years compounded annually. What is the maturity value at the end of Year 3? A. $56,000 B. $78,675.97 C. $62,720 D. $70,246.40
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