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UNC BUSI 100 (LATEST) QUESTIONS WITH 100%
CORRECT ANSWERS!! 2025
Who said: "So long as men live together on earth and need means to deal with
one another- their only substitute, if they abandon money, is the muzzle of a gun"
- (answers)Ayn Rand
Who said: "To form a functioning society there is a list of trade-offs" -
(answers)Plato
According to Thoreau, which of the following is the choicest of relics? -
(answers)Books
Who says: "The manager is the ___________ of the individuals who own the
corporation and the primary responsibility is to them" and fill in the blank -
(answers)Friedman, Agent
Plato felt that the fundamental key in the development of an economy was -
(answers)Specialization: more things are produced and better and more easily
when one man performs one task
The insider ownership % for most large firms in the US is.. - (answers)0-10%
According to Ayn Rand, what is wealth the product of? - (answers)Man's capacity
to think
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Michael Porter's Five Forces Model - (answers)Identifies the fundamental factors
that determine the level of competition and long-term profitability of an industry
by analyzing an organization, its position in the marketplace, and how information
systems could be used to make it more competitive
Assets - (answers)Liabilities + Stockholders Equity (Cash+amount left on
rent+amount left of equipment+ (revenue-collected))
Intangible Assets - (answers)Long-term assets (e.g., patents, trademarks,
copyrights) that have no real physical form but do have value
The process of systematically collecting, analyzing, and reporting financial
information is called - (answers)Accounting
Present Value (PV) - (answers)Future value divided by (1 + required rate of return)
raised to the power of the number of periods.
Accounts Payable - (answers)Debt owed to suppliers for goods or services
purchased on credit
Without ___________, _____ indicates that it is impossible for merchants "to
conduct their business, for they would have no rest and their minds would always
be troubled." - (answers)Systematically arranging all transactions, Pacioli
UNC BUSI 100 (LATEST) QUESTIONS WITH 100%
CORRECT ANSWERS!! 2025
Who said: "So long as men live together on earth and need means to deal with
one another- their only substitute, if they abandon money, is the muzzle of a gun"
- (answers)Ayn Rand
Who said: "To form a functioning society there is a list of trade-offs" -
(answers)Plato
According to Thoreau, which of the following is the choicest of relics? -
(answers)Books
Who says: "The manager is the ___________ of the individuals who own the
corporation and the primary responsibility is to them" and fill in the blank -
(answers)Friedman, Agent
Plato felt that the fundamental key in the development of an economy was -
(answers)Specialization: more things are produced and better and more easily
when one man performs one task
The insider ownership % for most large firms in the US is.. - (answers)0-10%
According to Ayn Rand, what is wealth the product of? - (answers)Man's capacity
to think
, 2|Page
Michael Porter's Five Forces Model - (answers)Identifies the fundamental factors
that determine the level of competition and long-term profitability of an industry
by analyzing an organization, its position in the marketplace, and how information
systems could be used to make it more competitive
Assets - (answers)Liabilities + Stockholders Equity (Cash+amount left on
rent+amount left of equipment+ (revenue-collected))
Intangible Assets - (answers)Long-term assets (e.g., patents, trademarks,
copyrights) that have no real physical form but do have value
The process of systematically collecting, analyzing, and reporting financial
information is called - (answers)Accounting
Present Value (PV) - (answers)Future value divided by (1 + required rate of return)
raised to the power of the number of periods.
Accounts Payable - (answers)Debt owed to suppliers for goods or services
purchased on credit
Without ___________, _____ indicates that it is impossible for merchants "to
conduct their business, for they would have no rest and their minds would always
be troubled." - (answers)Systematically arranging all transactions, Pacioli
