Midterm MOE

Midterm MOE

University

26 Qs

quiz-placeholder

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Midterm MOE

Midterm MOE

Assessment

Quiz

Other

University

Practice Problem

Hard

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements are correct about operation risk?

The risk that occurred from employee fraud affects accounting and cash.

There is no correct answer.

The risk impacts the day-to-day activity.

The risk that some negative situations can negatively impact the reputation.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is most correct about the standard deviation?

Comparing higher and lower standard deviation, the entrepreneur should select investing in the lower standard deviation business.

A standard deviation close to 10 indicates that the expected return of the business will be 10%.

Comparing higher and lower standard deviation, the entrepreneur should select investing in the higher standard deviation business because this investment will bring a higher return.

There is no correct answer.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cost structure refers to *

The combination of production costs and financial costs.

Structure of costs between products and services.

The proportion of fixed costs and variable costs.

Costs that cannot be changed because the costs are already allocated.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fixed cost refers to *

Cost of repairing machinery and equipment.

Costs that can be changed with production volume.

Costs of production of capital goods.

Costs that remain unchanged regardless of the amount of production.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is correct about a balance sheet?

Equities equal assets plus liabilities.

Assets equal liabilities plus equity.

Liabilities equal assets plus equity.

Assets equal liabilities minus equity.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is not the objective of financial reporting?

Entrepreneurs use financial reporting to encourage customers to consider buying more products.

The venture capitalist uses financial reporting as part of the information for

supporting investment to entrepreneurs.

The bank uses financial reporting for making a loan decision.

Entrepreneurs use financial reporting to consider the business performance.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is the best description of risk ?

Risk refers to the uncertainty of an outcome.

Risk refers to the state of doubt about the future.

Risk refers to the lack of certainty about an outcome.

Risk refers to the chance that an outcome will differ from the expected outcome.

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