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ETS MFT Business Exam Version 1 Newest
2025 Complete All Questions And Correct
Detailed Answers (Verified Answers)
|Already Graded A+||Brand New Version!!
In marketing research, a firm might consider using
secondary data because?
a. secondary data costs less
b. secondary data is more accurate
c. primary data are not specific
d. primary data are likely outdated - . . ANSWER ✔ ✔a.
Secondary data costs less
In organizational decision-making, managers are able to
exercise the greatest degree of discretion in the?
a. enforcement of internal policies
b. settlement of legal disputes
c. restructuring of outstanding loans
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d. compliance with federal regulations - . . ANSWER ✔
✔a. Enforcement of internal policies
The term "net working capital" refer to:
a. inventories, receivables and current notes & investments
b. assets divided by liabilities
c. current assets less (-) short term liabilities
d. net assets left over after subtracting cost of goods sold
(COGS) - . . ANSWER ✔ ✔c. current assets less (-) short
term liabilities
Dreamland Pillows: Q4: How many pillows must
dreamland produce and sell each month to earn a gross
profit of $1000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of
labor =$4. Fixed cost $6000)
a. 300
b. 350
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c. 600
d. 700 - . . ANSWER ✔ ✔700
(20x)-(6x+4x+6000)=1000
Dreamland Pillows. Q5: Another firm can produce pillows
and sell them to Dreamland for $12 each. They can avoid
labor costs, how many pillows must they sell to make a net
profit of $1,000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of
labor =$4. Fixed cost $6000 (supervisory cost 2000,
factory cost 4,000)
a. 417
b. 500
c. 625
d. 875 - . . ANSWER ✔ ✔625
20x-4000-12x=1000
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(4000 is the factory cost, 12 is the new cost for
"production")
Which of the following statements about tort negligence is
true?
a. it cannot be used as a basis for liability for defective
products
b. it is strictly tort with no defenses
c. it requires proof of some intentional conduct
d. it requires proof of breach of statutory/common-law
duty - . . ANSWER ✔ ✔d. It requires proof of breach of
statutory/common-law duty
Which of the following statements about a systems
flowchart is true?
a. it is used in systems design to define and describe each
piece of data
b. it is a method of writing programs using only 3 basic
constructs: sequence, selection, and repetition
ETS MFT Business Exam Version 1 Newest
2025 Complete All Questions And Correct
Detailed Answers (Verified Answers)
|Already Graded A+||Brand New Version!!
In marketing research, a firm might consider using
secondary data because?
a. secondary data costs less
b. secondary data is more accurate
c. primary data are not specific
d. primary data are likely outdated - . . ANSWER ✔ ✔a.
Secondary data costs less
In organizational decision-making, managers are able to
exercise the greatest degree of discretion in the?
a. enforcement of internal policies
b. settlement of legal disputes
c. restructuring of outstanding loans
,2|Page
d. compliance with federal regulations - . . ANSWER ✔
✔a. Enforcement of internal policies
The term "net working capital" refer to:
a. inventories, receivables and current notes & investments
b. assets divided by liabilities
c. current assets less (-) short term liabilities
d. net assets left over after subtracting cost of goods sold
(COGS) - . . ANSWER ✔ ✔c. current assets less (-) short
term liabilities
Dreamland Pillows: Q4: How many pillows must
dreamland produce and sell each month to earn a gross
profit of $1000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of
labor =$4. Fixed cost $6000)
a. 300
b. 350
,3|Page
c. 600
d. 700 - . . ANSWER ✔ ✔700
(20x)-(6x+4x+6000)=1000
Dreamland Pillows. Q5: Another firm can produce pillows
and sell them to Dreamland for $12 each. They can avoid
labor costs, how many pillows must they sell to make a net
profit of $1,000?
(model =$20. 1 pillow =2pds=$6 material cost. 1 hr of
labor =$4. Fixed cost $6000 (supervisory cost 2000,
factory cost 4,000)
a. 417
b. 500
c. 625
d. 875 - . . ANSWER ✔ ✔625
20x-4000-12x=1000
, 4|Page
(4000 is the factory cost, 12 is the new cost for
"production")
Which of the following statements about tort negligence is
true?
a. it cannot be used as a basis for liability for defective
products
b. it is strictly tort with no defenses
c. it requires proof of some intentional conduct
d. it requires proof of breach of statutory/common-law
duty - . . ANSWER ✔ ✔d. It requires proof of breach of
statutory/common-law duty
Which of the following statements about a systems
flowchart is true?
a. it is used in systems design to define and describe each
piece of data
b. it is a method of writing programs using only 3 basic
constructs: sequence, selection, and repetition
