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[Show more]BUSINESS MAJOR FIELD TEST 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
Accounting: What costs should be considered when making non-routine decisions? (3) - 
CORRECT ANSWER The price of material, Factory overhead costs, and the price of 
labor 
Accounting: Total product/ units p...
Preview 4 out of 221 pages
Add to cartBUSINESS MAJOR FIELD TEST 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
Accounting: What costs should be considered when making non-routine decisions? (3) - 
CORRECT ANSWER The price of material, Factory overhead costs, and the price of 
labor 
Accounting: Total product/ units p...
MAJOR FIELD TEST BUSINESS STUDY SET 2024 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
Balance Sheet - CORRECT ANSWER Attempts to describe the financial condition 
of the firm at a point in time. 
Includes: Assets, Liabilities, & Equity - "net assets" what remains after deducting...
Preview 4 out of 36 pages
Add to cartMAJOR FIELD TEST BUSINESS STUDY SET 2024 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
Balance Sheet - CORRECT ANSWER Attempts to describe the financial condition 
of the firm at a point in time. 
Includes: Assets, Liabilities, & Equity - "net assets" what remains after deducting...
ETS BUSINESS MAJOR FIELD TEST REVIEW 2024 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
Scarcity and Choice - CORRECT ANSWER Human wants and needs are unlimited 
and resources to satisfy them are limited. Choices must be made between the possible 
alternatives 
3 Questions every e...
Preview 4 out of 32 pages
Add to cartETS BUSINESS MAJOR FIELD TEST REVIEW 2024 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
Scarcity and Choice - CORRECT ANSWER Human wants and needs are unlimited 
and resources to satisfy them are limited. Choices must be made between the possible 
alternatives 
3 Questions every e...
ETS MAJOR FIELD TEST (PRACTICE TEST): 
BACHELOR'S DEGREE IN BUSINESS 2024 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
The common characteristic possessed by all assets is 
a) Long life 
b) Great monetary value 
c) Tangible nature 
d) Future economic benefit - CORRECT ANSWER d) F...
Preview 4 out of 62 pages
Add to cartETS MAJOR FIELD TEST (PRACTICE TEST): 
BACHELOR'S DEGREE IN BUSINESS 2024 
QUESTIONS WITH CORRECT ANSWERS ALREADY 
PASSED AND VERIFIED 
The common characteristic possessed by all assets is 
a) Long life 
b) Great monetary value 
c) Tangible nature 
d) Future economic benefit - CORRECT ANSWER d) F...
ETS MAJOR FIELD TEST IN BUSINESS PRACTICE 
2024 QUESTIONS WITH CORRECT ANSWERS 
ALREADY PASSED AND VERIFIED 
In marketing research, a firm might consider using secondary data over primary data 
because 
a) secondary data usually cost less 
b) secondary data are usually more accurate 
c) primary da...
Preview 4 out of 67 pages
Add to cartETS MAJOR FIELD TEST IN BUSINESS PRACTICE 
2024 QUESTIONS WITH CORRECT ANSWERS 
ALREADY PASSED AND VERIFIED 
In marketing research, a firm might consider using secondary data over primary data 
because 
a) secondary data usually cost less 
b) secondary data are usually more accurate 
c) primary da...
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