SAMPLE TEST - MANAGEMENT OF ACCOUTING UEH K44 PDF

Preview

Summary

Câu Hỏi 1: The power of money has become __ in today's business world, which canunfortunately contribute to unethical decisions.Select one:A. pervadingB. pervasiveC. pervadedD. pervasionPhản hồiThe correct answer is: pervasiveCâu Hỏi 2 : He was employed to __ the computerization of records.Select on...

Description

Câu Hỏi 1: The power of money has become __________ in today's business world, which can unfortunately contribute to unethical decisions. Select one: A. pervading C. pervaded D. pervasion

Phản hồi The correct answer is: pervasive Câu Hỏi 2 : He was employed to __________ the computerization of records. Select one: A. integrate B. motivate D. achieve

Phản hồi The correct answer is: supervise Câu Hỏi 3:__________ is the extra money that you pay if you have borrowed money, or the extra money that you receive if you have money in some types of bank account. Select one: A. Investment B. Intangible D. Income

Phản hồi The correct answer is: Interest Câu Hỏi 4:_____________ is the difference between the funds a country receives and those it pays for all international transactions Select one: A. Balance sheet C. Balance of trade D. Balance outstanding

Phản hồi The correct answer is: Balance of payments

Câu Hỏi 5: It is difficult to __________ the success of the campaign at this stage. Select one: B. allocate C. include D. classify

Phản hồi The correct answer is: measure Câu Hỏi 6: __________ is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics. Select one: A. Market expansion C. Market penetration D. Market promotion

Phản hồi The correct answer is: Market segmentation Câu Hỏi 7: All the companies or individuals (‘middlemen') involved in moving goods or services from producers to consumers are called _______________ . Select one: A. vehicles

C. transportations D. distribution channels

Phản hồi The correct answer is: distribution channels Câu Hỏi 8: __________ is a marketing process that showcases the differences between products. Select one: A. Product variation B. Product marketing D. Product segmentation

Phản hồi The correct answer is: Product differentiation Câu Hỏi 9: Some car manufacturers, food retailers and department stores now offer products like personal loans, credit cards and insurance. Technically these are not banks but __________. Select one: A. credit crunch C. traditional investment funds D. stockbroking management services

Phản hồi The correct answer is: non-bank financial intermediaries Câu Hỏi 10: __________ are private investment funds for wealthy investors that use a variety of risky investing strategies than traditional investment funds, in order to achieve higher returns. Select one: A. Non-bank financial intermediaries C. Stockbrokers D. Conglomerates

Phản hồi The correct answer is: Hedge funds Câu Hỏi 11: More resources are being __________ to the project. Select one: A. divided B. separated D. conformed

Phản hồi The correct answer is: allocated Câu Hỏi 12: The __________ strategy was to target the heads of the household as they had the final say on where the disposable income would be spent. Select one: B. promoting C. promoted D. promotive

Phản hồi

The correct answer is: promotional Câu Hỏi 13: __________ is a strategy for setting a low price to try to sell a large volume and increase market share of a particular product or service. Select one: B. Market development strategy C. Product development strategy D. Product expansion strategy

Phản hồi The correct answer is: Market penetration strategy Câu Hỏi 14: __________ measures the responsiveness of the quantity demanded or supplied of a good to a change in its price. Select one: A. Price differentiation B. Price response D. Price adaptivity

Phản hồi The correct answer is: Price elasticity Câu Hỏi 15: At the _________, prices may have to be reduced because competitors are established in the market, but companies try to defend their market share while also maximizing profit. Select one: A. introduction stage B. growth stage D. decline stage

Phản hồi The correct answer is: maturity stage Câu Hỏi 16: A statement showing the value of a business's assets, its liabilities, and its capital or shareholders' equity is called a(n)__________ Select one: A. income statement B. cash flow statement t D. financial record

Phản hồi

The correct answer is: balance sheet Câu Hỏi 17: The _________ account shows if a company is receiving more money than it's spending. Select one: A. profit and expense C. profit and share D. profit and fund

Phản hồi The correct answer is: profit and loss Câu Hỏi 18: LeoStone PLC has declared __________ after a year of heavy pre-tax losses. Select one: y B. dividend C. equity D. recession

Phản hồi The correct answer is: bankruptcy Câu Hỏi 19: __________ free trade is potentially hostile to environmental concerns and may put human health and safety at risk. Select one: B. Restricted C. Limited D. Definite

Phản hồi The correct answer is: Unfettered Câu Hỏi 20: DVP has cut its __________ to 2 USD per share after two years of declines in annual turnover. Select one: B. turnover C. sample D. distribution

Phản hồi The correct answer is: dividend

Câu Hỏi 21: Hoang Yen group, a restaurant & buffet chain, is suffering in the current __________ because consumers are spending less money going out. Select one: B. annual turnover C. bankruptcy D. placement

Phản hồi The correct answer is: recession Câu Hỏi 22: A __________ is a country or place that has a low rate of tax so that people choose to live there or register companies there in order to avoid paying higher tax in their own countries. Select one: A. money launderer B. tax harbour n D. tax evasion

Phản hồi The correct answer is: tax haven Câu Hỏi 23: To __________ is to make a deal between different parties where each party reduces demands or changes their opinions in order to agree. Select one: A. deal with B. confront C. complain

Phản hồi The correct answer is: compromise Câu Hỏi 24: __________ is comprised of all capital contributed to the company including paidin capital and retained earnings. Select one: y B. Shareholders' dividend C. Stocks D. Liability

Phản hồi

The correct answer is: Shareholders' equity Câu Hỏi 25: People in __________ cultures are good at changing plans. Select one: . reactive C. linear-active D. collective

Phản hồi The correct answer is: multi-active Câu Hỏi 26: It's not fair to make __________ out of loans to poor students. Select one: A. changes C. efforts D. messes

Phản hồi The correct answer is: profits Câu Hỏi 27: The President has accused two cabinet ministers of working secretly to ________ his position. Select one: B. undergo C. undertake D. underlie

Phản hồi The correct answer is: undermine Câu Hỏi 28: A person such as an employee, customer or citizen who is involved with an organization, society, etc. and therefore has responsibilities towards it and an interest in its success is a(n) __________ . Select one: A. account holder B. shareholder C. stockholder er

Phản hồi

The correct answer is: stakeholder Câu Hỏi 29: A __________ is an amount of a company's profits that is paid to people who own shares in the company. Select one: A. loan B. mortgage D. surplus

Phản hồi The correct answer is: dividend Câu Hỏi 30: __________ is the process of designing the products or services to benefit a local market while at the same time developing and distributing them on a global level. Select one: A. Globalization B. Localization D. Grobalization

Phản hồi The correct answer is: Glocalization SECTION 3: Reading Comprehension (30 marks, 2 marks/answer) Tesla steals GM’s crown as most valuable US carmaker In April, Tesla slipped past General Motors to become the most valuable US car company, as Wall Street bet that Elon Musk’s lofty ambitions would eventually propel his small-scale electric carmaker ahead of even the country’s biggest manufacturers. Despite producing fewer than 1 per cent as many vehicles as rolled off GM’s production lines last year, Tesla recently had a stock market value of $51bn, a whisker above GM’s $50.9bn. Tesla has also racked up $1.9bn of losses over the past three years, compared to the $23bn of net profits reported by GM over the same period. But the passing of the stock market baton, at least for now, reflects Wall Street’s growing confidence that Mr Musk will be the first to push electric cars into the mainstream. Investors have bet heavily on the success of Tesla’s forthcoming Model 3, due to go into production this summer, which represents its first attempt at a mass-market vehicle — even though GM has beaten it to market with a similar vehicle of its own, the Chevrolet Bolt. “Market cap doesn’t mean a lot. Tesla investors are betting on the promise for the future,” said Michelle Krebs, auto analyst at Autotrader.com who noted that the stock market treats GM and Ford, whom Tesla has also surpassed in market capitalisation, as industrial companies while Tesla is treated as a tech stock. “The real test for Tesla comes when it launches the Model 3, the high-volume, mainstream-priced electric vehicle that is supposed to help the company achieve profitability,” she said. Tesla had global deliveries of 76,000 cars last year, compared with its bigger rival’s global sales of 10m in 2016, and Ford’s 6.6m. A recent GM statement puts the Detroit carmaker’s global market share at 10.8 per cent for 2016. Tesla’s global share scarcely registers, at less than a tenth of 1 per cent for the same period.

News that a Silicon Valley start-up had become the largest US car company by market valuation is a significant milestone for an industry that has been trying to accelerate its move away from more than a century of reliance on internal combustion engines. For investors, Tesla is a bet on new forms of mobility, from electric cars to self-driving vehicles, as well as a wager on the centre of gravity of the US motor industry moving from Detroit to Silicon Valley. The latest leg in Tesla’s stock market rise followed news that it had delivered 25,000 cars during the first quarter of this year, higher than analysts had expected. At about the same time, the traditional car industry registered disappointing US sales figures for March, underlining market concerns that established carmakers are running out of steam. Notes: lofty (para 1) = high , a whisker (para 2) = a very small amount , racked up (para 3) = gradually got more, the passing of the stock market baton (para 4) = moving from one player in the game to another, leg (para 12) = stage, running out of steam (para 13) = slowing down, losing energy and power Câu Hỏi 32: Based on the information in the article, say whether the following statements are True (T), False (F). 41 Tesla is a more valuable company than General Motors. Select one: False

Phản hồi The correct answer is 'True'. Câu Hỏi 33: 42 Tesla produced only 10 per cent as many cars as GM in 2016. Select one: True

Phản hồi The correct answer is 'False'. Câu Hỏi 34: 43 Tesla has made big losses over the last three years. Select one: e False

Phản hồi The correct answer is 'True'. Câu Hỏi 35: 44 Tesla is regarded by the stock market as a tech stock rather than an industrial stock. Select one: False

Phản hồi The correct answer is 'True'. Câu Hỏi 36: Choose the correct answer. The percentage of GM's total car production produced by Tesla in 2016 was …… Select one: A. a tenth of 1 per cent t C. 10.8 per cent

Phản hồi The correct answer is: fewer than 1 per cent Câu Hỏi 37: GM's net profits over the last three years Select one: B. $10 million C. $1.9 billion

Phản hồi The correct answer is: $23 billion Most of the full-time employees at our headquarters in Manchester earn an annual salary, divided into twelve monthly payments. Income tax is automatically (31) from the salary each month, along with National Insurance contributions. The staff in our London office also receive a London (32), because living and working in the capital is more expensive. Unlike many public sector jobs (civil servants, teachers, nurses, and so on) our staff do not receive (33) to their salary every year. Pay rises are given according to merit, and there is no fixed pay-scale. We have an appraisal system in which the managers 34) the performance of their subordinates every December. The (35) are also paid a bonus at the end of the year if the financial results are good, on top of their basic salary, which is already rather high. The sales force earn a basic fixed salary, plus (36), which is obviously a(n) incentive (37) to higher productivity. On the other hand, the (38) do not receive overtime pay if they work long hours. The earning (39) of the most successful ones is higher than that of some of the managers. The hourly paid staff - cleaners, canteen workers, and so on - receive their wages in (40) in a pay packet every Friday. Of course this is after all deductions such as tax and insurance contributions. Because we are in the insurance business we all get at least one perk - cheap insurance policies....