PEREGRINE BUSINESS EXAM QUESTIONS WITH DETAILED
VERIFIED ANSWERS
The real increases in organizational productivity due to information
technology come from ______.
A. the increased speed of message transfer
B. the increased volume of messages
C. the heightened awareness of cultural diversity
D. the ability to communicate in new and different ways - ANS.... -D. the
ability to communicate in new and different ways
When a business erroneously records expenses as assets, it has violated
the measurement issue of:
A. communication
B. classification
C. valuation
D. recognition - ANS.... -B. classification
A dividend will reduce which of the following accounts?
A. Dividends
B. Retained Earnings
,C. Common Stock
D. Accounts Payable - ANS.... -B. Retained Earnings
Liquidity - ANS.... -The degree to which a security can be quickly
purchased or sold in the market at a price reflecting its current value.
Sarbanes-Oxley Act - ANS.... -Federal law that established sweeping
auditing and financial regulations for public companies. Lawmakers created
the legislation to help protect shareholders, employees and the public from
accounting errors and fraudulent financial practices.
Continually shifting back and forth between the role of speaker and listener
is______.
A. a cultural practice
B. distracting to the speaker
C. called framing
D. making smooth transitions - ANS.... -D. making smooth transitions
Lying by omission involves intentionally:
A. withholding material facts.
B. creating "noise" within the communication that knowingly confuses or
deceives the receiver.
C. using highly technical language that the receiver does not understand.
D. trying to not hurt someone's feelings. - ANS.... -A. withholding material
facts.
, Conflicts of interest exist when employees must choose whether to:
A. advance their own interests, those of the organization, or those of some
other group.
B. advance the interests of the organization or those of society.
C. accept bribes.
D. carry out an assignment they perceive as unethical. - ANS.... -A.
advance their own interests, those of the organization, or those of some
other group.
Civil Rights Act - ANS.... -1964; Secured the rights of freedmen., it gave
citizenship to African- Americans
Equal Employment Opportunity - ANS.... -The equal right of all citizens to
the opportunity to obtain employment regardless of their gender, age, race,
country of origin, religion, or disabilities.
Whistleblowing - ANS.... -Activity of a person, often an employee, revealing
information about activity within a private or public organization that is
deemed illegal, immoral, illicit, unsafe or fraudulent.
Group Think - ANS.... -A phenomenon that occurs when a group of
individuals reaches a consensus without critical reasoning or evaluation of
the consequences or alternatives.
Which of the following statements is CORRECT?
VERIFIED ANSWERS
The real increases in organizational productivity due to information
technology come from ______.
A. the increased speed of message transfer
B. the increased volume of messages
C. the heightened awareness of cultural diversity
D. the ability to communicate in new and different ways - ANS.... -D. the
ability to communicate in new and different ways
When a business erroneously records expenses as assets, it has violated
the measurement issue of:
A. communication
B. classification
C. valuation
D. recognition - ANS.... -B. classification
A dividend will reduce which of the following accounts?
A. Dividends
B. Retained Earnings
,C. Common Stock
D. Accounts Payable - ANS.... -B. Retained Earnings
Liquidity - ANS.... -The degree to which a security can be quickly
purchased or sold in the market at a price reflecting its current value.
Sarbanes-Oxley Act - ANS.... -Federal law that established sweeping
auditing and financial regulations for public companies. Lawmakers created
the legislation to help protect shareholders, employees and the public from
accounting errors and fraudulent financial practices.
Continually shifting back and forth between the role of speaker and listener
is______.
A. a cultural practice
B. distracting to the speaker
C. called framing
D. making smooth transitions - ANS.... -D. making smooth transitions
Lying by omission involves intentionally:
A. withholding material facts.
B. creating "noise" within the communication that knowingly confuses or
deceives the receiver.
C. using highly technical language that the receiver does not understand.
D. trying to not hurt someone's feelings. - ANS.... -A. withholding material
facts.
, Conflicts of interest exist when employees must choose whether to:
A. advance their own interests, those of the organization, or those of some
other group.
B. advance the interests of the organization or those of society.
C. accept bribes.
D. carry out an assignment they perceive as unethical. - ANS.... -A.
advance their own interests, those of the organization, or those of some
other group.
Civil Rights Act - ANS.... -1964; Secured the rights of freedmen., it gave
citizenship to African- Americans
Equal Employment Opportunity - ANS.... -The equal right of all citizens to
the opportunity to obtain employment regardless of their gender, age, race,
country of origin, religion, or disabilities.
Whistleblowing - ANS.... -Activity of a person, often an employee, revealing
information about activity within a private or public organization that is
deemed illegal, immoral, illicit, unsafe or fraudulent.
Group Think - ANS.... -A phenomenon that occurs when a group of
individuals reaches a consensus without critical reasoning or evaluation of
the consequences or alternatives.
Which of the following statements is CORRECT?
