Comprehensive Exam Questions And
Outlined Answers
\.Accounting:
When a business erroneously records expenses as assets, it has violated the measurement issue
of
A. communication
B. classification
C. valuation
D. recognition - Answer- B. classification
\.Accounting:
A dividend will reduce which of the following accounts
A. dividends
B. retained earnings
C. common stock
D. accounts payable - Answer- B. retained earnings
, \.Business Communications:
Steve is trying to understand the concern of an angry customer, but the customer is so irate
Steve is having a difficult time. The customer's emotion is an example of
A. static
B. feedback
C. miscommunication
D. noise
E. channel deficiency - Answer- D. noise
\.Business Communications:
All of the following are true about the social process of communication except
A. it requires face-to-face interaction
B. it allows information exchange
C. it is not an instantaneous event
D. it involves two or more people
E. it takes place over time - Answer- A. it requires face-to-face interaction
\.Business Ethics:
Lying by omission involves intentionally
A. withholding material facts