Penn Foster Intro to Business Final
Union workers at an auto parts plant go out on strike. In response, management closes
the plant. This
tactic is a - answer lockout
If you're developing a human resource inventory, you should exclude which of the
following? - answer Perpetual Inventory
What prompted Congress to enact the Sarbanes-Oxley Act in 2002? - answerA series
of improper financial disclosures were found during investigations.
According to the doctrine of supply, the amount _______ will increase as the _______
increases. - answer
_______ ratios measure the degree to which a firm relies on borrowed funds in its
operations. - answerLeverage (debt)
Which of the following represents the basic accounting equation? - answerAssets=
Liabilities + Owners' Equity
Suppose you want to price goods and services at price points that make the product
appear less
expensive than it is. Which strategy should you use? - answerPsychological
If you want to turn self-directed gain into social and economic benefits for all, you should
use a/an
_______ strategy. - answerInvisible Hand
In which stage of the product life cycle do sales reach a saturation level, making further
sales expansion
difficult? - answerMaturity Stage
The Social Club is conducting a breakeven analysis to determine how many tickets it
must sell at $15
each to break even on the Holiday Dance. Fixed costs are $2,000, and the variable cost
per person is $10.
To break even, the Social Club must sell ________ tickets. - answer400
The country Artesia exported products totaling $86 billion last year. During the year,
Artesia imported
products valued at $43 billion. Artesia has a/an - answertrade surplus of $43 Billion
