BUS 475 Capstone

Final Examination Part

2
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BUS 475 Capstone Final

Examination Part 2

This is the latest BUS/475 Capstone Final

Examination Part 2 (100%)
1.
Which of the following is not a
current liability on December 31,
2014?
A lawsuit judgment to be decided on
January 10,2015
A Note Payable due December 31 2015
Accrued salaries payable from 2014
An Accounts Payable due January 31,2015

2.
You work in marketing for a
company that produces work boots.
Quality control has sent you a memo
detailing the length of time before
the boots wear out under heavy use.

They find that the boots wear out in

an average of 208 days, but the exact
amount of time varies, following a
normal distribution with a standard
deviation of 14 days. For an
upcoming ad campaign, you need to
know the percent of the pairs that
last longer than six months-that is,
180 days. Use the empirical rule to
approximate this percent.
97.5%
95%
2.5%
5%

3.

he fraud triangle applies to:

U.S. and Canadian companies, but not

other international companies.
U.S companies but not international
companies.

 U.S and international companies.

international companies but not U.S.
companies.
4.
According to value-chain analysis,
which of the following would be
considered part of the general
administration in a firm?
information systems
procurement
technology development
human resource management
5.
Which of the following can be
represented by a discrete random
variable?
The circumference of a randomly
generated circle
The number of defective light bulbs in a
sample of five

 The time of a flight between Chicago and

New York
The average distance achieved in a series
of long jumps
6.
What is an advantage of the
correlation coefficient over the
covariance?
It falls between 0 and 1.
It falls between -1 and 1.
It falls between -1 and 1; and it is a unit
free measure, therefore making it easier
to interpret.
It is a unit-free measure, therefore making
it easier to interpret.

7.
The resource-based view (RBV) of
the firm combines two perspectives:

 the internal analysis of the firm and the

external analysis of the industry and
competitive environment
the primary and support activities of the
firm
the industry and the competitive
environment
the interrelationships among the primary
activities of the firm and corporate
management
8.

Sarbanes Oxley applies to:

U.S and international companies.

U.S. and Canadian companies but not
other international companies.
U.S companies but not international
companies.
international companies but not U.S.
companies.

9.
Which trial balance will consist of
the greatest number of accounts?
Trial balance
Adjusted trial balance
Balance
Post-closing trial balance
10. Vertical analysis is a technique
that expresses each item in a
financial statement:
in dollars and cents.
as a percent of a base amount.
as a percent of the item in the previous
year.
starting with the highest value down to
the lowest value.
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