 # BUS 475 Sample Final Exam

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BUS/475 Sample Final Exam 1. Which of the following is NOT an element of manufacturing overhead? a.  Factory employee’s salary b.  Depreciation on the factory c.  Plant manager’s salary d.  Factory repairperson’s wages 2. What accounts are NOT classified in the current assets section of the balance sheet? a.  Cash b.  Accounts payable c.  Security deposits d.  Inventory 3. The starting point of a master budget is the preparation of the a.  cash budget. b.  sales budget. c.  production budget. d.  budgeted balance sheet. 4. What amounts are not included in Gross Margin? a.  Operating expenses b.  Sales c.  Cost of goods sold d.  Commissions…show more content…
 pareto chart. b.  line chart. c.  bar chart. d.  pie chart. e.  All are suitable 7. If two events are independent, the probability that both occur is a.  0. b.  0.50. c.  1.00. d.  The multiple of probabilities of the two events. 8. What will happen to the width of a confidence interval if the sample size is doubled, from 100 to 200? a.  It will increase. b.  It will decrease. c.  It will remain the same. d.  It will double. 9. The shape of the F distribution is a.  symmetric. b.  skewed right. c.  skewed left. d.  the same as the t distribution. 10. The French Enterprise wants to market its product, Learn French in 5-Days. It has chosen television and radio to market this product. A 1-minute television ad costs 30,000 and a 1-minute radio add costs 5,000. The French Enterprise must decide how many television ads should be purchased. What are the decision variables? a.  x1 = television channels and x2 = radio channels b.  x1 = number of French students and x2 = number of English students c.  x1 = 30,000 and x2= 5,000 d.  x1 = number of 1-minute television ads and x2= number 1-minute radio ads 11. Which of these statements is NOT true about CPM and PERT? a.  In a project, if the duration of the activities is known we use PERT, if the duration is not known we use CPM. b.  CPM and PERT have been used in scheduling construction projects. c.  The predecessors are a set of activities that