1|Page
ETS MFT Business Exam Version 1 Newest 2025/2026
Complete All Questions And Correct Detailed Answers
(Verified And Graded A+||Brand New Version!)
What is the measure that indicates how precise a
prediction of Y is based on X or, conversely, how
inaccurate the prediction might be?
a) Regression equation
b) Slope of the line
c) Standard error of estimate
d) Least squares principle - ANSWER-C
,2|Page
An example of an unfair trade practice is:
a) EU Government policy prohibiting imports of U.S. Beef
b) EU prohibitions of Latin American bananas
c) US tariffs on European steel
d) All of the above - ANSWER-D
When using a flexible budget, a decrease in activity within
the relevant range:
,3|Page
a) decreases variable cost per unit
b) decreases total costs
c) increases total fixed costs
d) increases variable cost per unit - ANSWER-B
The principal difference between variable costing and
absorption costing centers on:
a) whether variable manufacturing costs should be
included as product costs
, 4|Page
b) whether fixed manufacturing costs should be included
as product costs
c) whether fixed manufacturing costs and fixed selling and
administrative costs should be included as product costs
d) none of these. - ANSWER-B
General Bikes is debating which marketing research
options to employ. The traditional person-to-person
methods have been effective; however, the new director of
market research is campaigning for online-based
research. What argument for this method might he/she
use?
ETS MFT Business Exam Version 1 Newest 2025/2026
Complete All Questions And Correct Detailed Answers
(Verified And Graded A+||Brand New Version!)
What is the measure that indicates how precise a
prediction of Y is based on X or, conversely, how
inaccurate the prediction might be?
a) Regression equation
b) Slope of the line
c) Standard error of estimate
d) Least squares principle - ANSWER-C
,2|Page
An example of an unfair trade practice is:
a) EU Government policy prohibiting imports of U.S. Beef
b) EU prohibitions of Latin American bananas
c) US tariffs on European steel
d) All of the above - ANSWER-D
When using a flexible budget, a decrease in activity within
the relevant range:
,3|Page
a) decreases variable cost per unit
b) decreases total costs
c) increases total fixed costs
d) increases variable cost per unit - ANSWER-B
The principal difference between variable costing and
absorption costing centers on:
a) whether variable manufacturing costs should be
included as product costs
, 4|Page
b) whether fixed manufacturing costs should be included
as product costs
c) whether fixed manufacturing costs and fixed selling and
administrative costs should be included as product costs
d) none of these. - ANSWER-B
General Bikes is debating which marketing research
options to employ. The traditional person-to-person
methods have been effective; however, the new director of
market research is campaigning for online-based
research. What argument for this method might he/she
use?
