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1 ETS MFT BUSINESS EXAM ACTUAL TEST A, B & C
COMPLETE 500 QUESTIONS AND DETAILED CORRECT
ANSWERS ALREADY GRADED A+ LATEST 2024-2025
UPDATE JUST RELEASED
ETS MFT BUSINESS EXAM A
A company is considering producing a product for a new market. The fixed costs required for manufacturing and delivering the product is $50,000. Labor and material costs are estimated to be approximately $25.00 per product. If the product is sold for $35.00 each, the firm's break-
even volume would be:
- 50,000 units
- 5,000 units
- 2500 units
- 500 units - ANSWER-B ($35 sold- $25 per product = $10)
then, ($50,000 fixed cost/$10)= 5,000 units
A problem associated with equity theory is that: 1 / 4
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- it focuses on providing incentives for the long run when most workers are mainly concerned
with incentives that apply to their current situation
- managers have a hard time applying it to real-world situations because of its abstract nature
- worker motivation is based on perceptions of fairness, and the perceptions workers have
about their contributions are not always accurate
- it is concerned with the nature of the job itself rather than with what motivates the workers
who perform the job - ANSWER-C
All of the financial statements are for a period of time except the
a) Income statement
b) Owner's equity statement
c) Balance sheet
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d) Statement of cash flows - ANSWER-C
By assembling computers only after customers have paid them for, resulting in a lower finished
goods inventory, Dell Computer Co. achieved:
a) Increased quality
b) A competitive advantage
c) Increased responsiveness
d) Increased innovation
e) None of the above - ANSWER-B
The Bill of Rights refers to:
- the inalienable rights found at the beginning of the Constitution
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- the first ten amendments to the Constitution
- a specific listing of individual rights found in the original text of the Constitution.
- a grouping of individual rights set forth by the United States Supreme Court shortly after the
Constitution was ratified by the states - ANSWER-B
Fiedler proposes that all of the following determine whether a task- or relationship-oriented
style is more effective except:
a) Situational favorableness
b) Leader-member relations
c) Task structure
d) Position power - ANSWER-A
Which one of the following statements is correct given the following exchange rates?
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