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Peregrine Practice Exam Questions With 100% Verified Answers.

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Peregrine Practice Exam Questions With 100% Verified Answers. When a business erroneously records expenses as assets, it has violated the measurement issue of - answerclassification A dividend will reduce which of the following accounts? - answerRetained Earnings Lying by omission involves int...

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  • October 20, 2024
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sirjoel
©SIRJOEL EXAM SOLUTIONS
11/3/2024 10:54 PM



Peregrine Practice Exam Questions With
100% Verified Answers.




When a business erroneously records expenses as assets, it has violated the measurement issue of

- answer✔classification


A dividend will reduce which of the following accounts? - answer✔Retained Earnings


Lying by omission involves intentionally - answer✔withholding material facts


Conflicts of interest exist when employees must choose whether to - answer✔advance their own

interests, those of the organization, or those of some other group.


Which of the following statements is CORRECT? - answer✔c. Free cash flow (FCF) is,

essentially, the cash flow that is available for interest and dividends after the company has made

the investments in current and fixed assets that are necessary to sustain ongoing operations.

A corporate bond currently yields 8.3%. Municipal bonds with the same risk, maturity, and

liquidity currently yield 5.5%. At what tax rate would investors be indifferent between the two

bonds? - answer✔33.73%

, ©SIRJOEL EXAM SOLUTIONS
11/3/2024 10:54 PM


When the costs of supplies increase in an industry, the low-cost leader - answer✔may be the only

firm able to pay the higher prices and continue to earn average or above- average returns


TQM is most helpful to firms following the ____ business strategy. - answer✔integrated cost-

leadership differentiation

All of the following are considered extrinsic motivators in Herzberg's two-factor theory

EXCEPT: (c.) - answer✔a. company policies.


b. benefits.

c. work itself.

d. working conditions.


Which of the following is NOT one of the process motivation theories? - answer✔acquired needs

theory

An individual who purchases a computer later decides to acquire a new motherboard. In terms of

computing GDP, this new motherboard would be a(n) - answer✔final good


The largest component of GDP is - answer✔consumption


In economics, firms are assumed to - answer✔maximize profits


Holding everything else equal, total revenue increases - answer✔when either price or quantity

increase.

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