The ease with which an asset can be converted into cash is referred to as its
A) liquidity.
B) profitability.
C) solvency.
D) convertibility.
E) capitalization capacity.
Question 2 - The end result of the Hawthorne studies was an unexpected one, which found that
A) employees work faster if there is better lighting.
B) employees work faster if they are given a standard goal of output to meet.
C) employees work faster in a group atmosphere rather than individually.
D) employees' motivation to work is influenced by human factors.
E) employees work more slowly if they feel they are being watched.
Question 3 - Jacob is in urgent need of financing for his rapidly-growing online travel business, Travelmuch. Since Jacob does not usually pay off his loans on time, his credit score is very low. He feels overwhelmed and thinks that it would be ideal if he gets some guidance on how to run the business. Given his situation, which of the following key sources of funding would be ideal for Jacob?
A) A commercial bank loan
B) A venture capital firm
C) An initial public offering
D) A Small Business Administration (SBA) loan
Question 4 - The form of business organization that accounts for 82 percent of all sales revenues in the United States is the
A) sole proprietorship.
B) partnership.
C) corporation.
D) joint venture.
E) syndicate.
Question 5 - Jack Stanley graduated from college and obtained a full-time job in accounting. At the end of his first year of employment, his assets totaled 9,000. His liabilities totaled 3,000. His ____ was 6,000.
A) asset total
B) profit
C) net worth
D) cost of living
E) allocated total
Question 6 - In the second set of Hawthorne experiments dealing with the piece-rate system, the main conclusion was that
A) the pressure of social acceptance affects production.
B) a sense of involvement affects production.
C) variations in lighting affect production.
D) the piece-rate method affects production.
E) only the amount of pay affects production.
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