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Which ONE of the following is regarded as a general characteristic of an organization?
Which ONE of the following is regarded as a general characteristic of an organization?A . Controlled performance of its activitiesB . Social goals towards societyC . Collective goals towards societyD . Social arrangement of peopleView AnswerAnswer: B
Which ONE of the following statements about Oxfam is FALSE?
Oxfam is a charity established to provide aid to the poor. Which ONE of the following statements about Oxfam is FALSE?A . It is a private sector organizationB . It pursues social goalsC . It is a not-for-profit organizationD . It is responsible to its shareholdersView AnswerAnswer: D
Which of the following businesses would benefit most from an expansionary monetary policy?
Which of the following businesses would benefit most from an expansionary monetary policy?A . Companies with high levels of borrowing producing consumer durables.B . Companies with low levels of borrowing in the supermarket industry.C . Cash rich companies producing consumer durable goods.D . Low geared companies whose inputs are mainly...
Which of the following would not increase barriers to world trade?
Which of the following would not increase barriers to world trade?A . Different governments imposing different health and safety requirements for agricultural productsB . An oil exporting country insisting that oil is paid for in US dollarsC . The abolition of subsidies given to farmers in the European UnionD ....
Which statement is NOT correct?
All the following statements relate to an increase in government spending which is not accompanied by an increase in taxation. Which statement is NOT correct?A . The government's budget deficit will increaseB . The aggregate demand curve will shift to the rightC . The initial change in government spending may...
If a government adopted an expansionary fiscal policy of cutting direct taxes, the businesses that would benefit most would be those whose products:
If a government adopted an expansionary fiscal policy of cutting direct taxes, the businesses that would benefit most would be those whose products:A . Are largely bought on creditB . Are largely exportedC . Have a high price elasticity of demandD . Are sold mainly to individual consumersView AnswerAnswer: D
All of the following would result from a shift from direct to indirect taxes except which one?
All of the following would result from a shift from direct to indirect taxes except which one?A . An increase in the prices of products due to inflation.B . A reduction in the disincentive to work and effort.C . A more progressive taxation system.D . A shift in the burden...
In the aggregate supply and demand model, a significant rise in the cost of energy for industry would lead to the
In the aggregate supply and demand model, a significant rise in the cost of energy for industry would lead to theA . Aggregate supply curve moving to the rightB . Aggregate supply curve moving to the leftC . Aggregate demand curve moving to the rightD . Aggregate demand curve moving...
In which of the stages of the trade cycle should the management accountant consider forecasting lower sales than in the previous year?
In which of the stages of the trade cycle should the management accountant consider forecasting lower sales than in the previous year?A . RecessionB . DepressionC . RecoveryD . BoomView AnswerAnswer: A
All of the following are features of an economic union (for example, the European union) except which one?
All of the following are features of an economic union (for example, the European union) except which one?A . A fixed exchange rate relative to non union currencies.B . Free movement of goods and services between member states.C . A common external tariff.D . Free movement of factors of production...
