The Australian Business Awards are administered by the Australian Quality Awards Foundation with which level?

The Australian Business Awards are administered by the Australian Quality Awards Foundation with which level?A . Business Improvement levelB . Award Gold levelC . Australian Business Excellent prizeD . All of the aboveView AnswerAnswer: D

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When one or more people hire another person to perform a service and then delegate decision-making authority to that agent, then they are said to be in:

When one or more people hire another person to perform a service and then delegate decision-making authority to that agent, then they are said to be in:A . Charity relationshipB . Agency relationshipC . Group relationshipD . Intervention relationshipView AnswerAnswer: B

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Creditors lend funds to the firm at rates that are based on:

Creditors lend funds to the firm at rates that are based on:A . riskiness of the firm’s existing assetsB . expectations concerning the riskiness of future asset additionsC . firm’s existing capital structureD . All of the aboveView AnswerAnswer: D

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Which of the following is NOT the management and planning tool?

Which of the following is NOT the management and planning tool?A . Affinity diagramsB . Tree diagramsC . Process decision program chartsD . Product manufacturing flow chartsView AnswerAnswer: D

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What refers to the process of evaluating the credit policy to determine if a shift in the customers’ payment patterns has occurred?

What refers to the process of evaluating the credit policy to determine if a shift in the customers’ payment patterns has occurred?A . Payables monitoringB . Receivables monitoringC . Transactional monitoringD . Controlled monitoringView AnswerAnswer: B

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The average length of time required converting materials into finished goods and then to sell those goods is called:

The average length of time required converting materials into finished goods and then to sell those goods is called:A . Inventory conversion periodB . Cash conversion cycleC . receivables collection periodD . selling goods durationView AnswerAnswer: A

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Banks sometimes require borrowers to maintain an average demand deposit balance equal to from 10 percent to 20 percent of the amount borrowed, this is called:

Banks sometimes require borrowers to maintain an average demand deposit balance equal to from 10 percent to 20 percent of the amount borrowed, this is called:A . line of creditB . compensating balanceC . commitment feeD . revolving credit agreementView AnswerAnswer: B

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____________ are targets and tolerances determined by designers of products and services.

____________ are targets and tolerances determined by designers of products and services.A . TermsB . SpecificationsC . ConstraintsD . ProvisionView AnswerAnswer: B

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Leading companies identify important business processes throughout the supply chain that affect customer satisfaction, these fall into which of the following category?

Leading companies identify important business processes throughout the supply chain that affect customer satisfaction, these fall into which of the following category?A . Product design processesB . Support processesC . Supplier and partnering processesD . All of the aboveView AnswerAnswer: D

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If earnings are poor and stockholders are dissatisfied, an outside group might solicit the proxies in an effort to overthrow management and take control of the business, this is known as:

If earnings are poor and stockholders are dissatisfied, an outside group might solicit the proxies in an effort to overthrow management and take control of the business, this is known as:A . Poor ProxyB . Proxy fightC . Scrap proxyD . stand-up fight ProxyView AnswerAnswer: B

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