1. If the country X experiences decrease in aggregate output level for a decade,
ID: 421029 • Letter: 1
Question
1. If the country X experiences decrease in aggregate output level for a decade, then the country is experiencing A. Recession B. Hyperinflation C. Depression D. Deflation 2. Which of the following can be protected using copyright law? A. a short story written on a word processor B. a logo used to identify a business C. the product used to manufacture a famous soft drink D. a component of an electric drill 3, What is the ROA of a business that has a net profit margin of 5% and asset turnover period of 182.5 days? A. 37% B. 9% C. 10% D. None of the above 4. A company buys a machine for $18589 at 1 January 2013. It estimated that the machine will have a residual value of $ 3269 after a useful four years. The company uses straight line depreciation method. If the company managed to sell the machine at the price of $ 8000 at 31 December 2015, calculate the gain or loss from the sale of the machine A. gain $ 4731 B. loss $ 7099 C. gain 901 D. loss $ 4170 5. Which of the following statement is true? A. A misrepresentation is a promise of contract B. A misrepresentation induces a party into a contract but is part of the contract itself C. A misrepresentation is an undertaking in the contract D. None of the above 6. A good description of "source inspection" is inspecting A. materials upon delivery by the supplier B. the goods at the production facility before they reach the customer C. goods at the supplier's plant D. one's own work 7. The change in cell- phone model life cycles from 2 years to under 6 months is the result of A. time- based competition B. design for manufacturability C. life cycle assessment D. value analysisExplanation / Answer
1. C) Depression
2. B) a logo used to identify a business
3. D) none of these
4. C) gain $ 901
5. D) None of the above
6. C) goods at the suppliers plant
7. A) time based competition
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