STR 581 Capstone Final Examination, Part Two | STR 581 answers - UOP E Tutors
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6. An unrealistic budget is more likely to result when it:<br />
has been developed by all levels of management.<br />
has been developed in a top down fashion.<br />
has been developed in a bottom up fashion.<br />
is developed with performance appraisal usages in mind.<br />
7. Which of the following financial statements is concerned with the company<br />
at a point in time?<br />
balance sheet<br />
retained earnings statement<br />
statement of cash flows<br />
income statement<br />
8. Next year Jenkins Traders will pay a dividend of $3.00. It expects to increase<br />
its dividend by $0.25 in each of the following three years. If their required rate<br />
of return if 14 percent, what is the present value of their dividends over the<br />
next four years?<br />
$12.50<br />
$11.63<br />
$9.72<br />
$13.50<br />
9. An activity that has a direct cause-effect relationship with the resources<br />
consumed is a(n):<br />
product activity<br />
cost driver<br />
cost pool<br />
overhead rate
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