Printable PDFTest Prep BUSINESS-ENVIRONMENT-AND-CONCEPTS Exam Questions & Answers
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Vendor: Test Prep
Exam Code: BUSINESS-ENVIRONMENT-AND-CONCEPTS
Exam Name: Certified Public Accountant (Business Environment amd Concepts)
Certification Provider: Test Prep
Total Questions: 530 Q&A ( View Details)
Updated on: Jun 09, 2025
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BUSINESS-ENVIRONMENT-AND-CONCEPTS Online Practice Questions and Answers
Which of the following would lead to the most inflation?
A. Both aggregate demand and aggregate supply increase.
B. Both aggregate demand and aggregate supply decrease.
C. Aggregate demand increases and aggregate supply decreases.
D. Aggregate demand decreases and aggregate supply increases.
During 1994, Deet Corp. experienced the following power outages:
Each power outage results in out-of-pocket costs of $400. For $500 per month, Deet can lease an auxiliary generator to provide power during outages. If Deet leases an auxiliary generator in 1995, the estimated savings (or additional expenditures) for 1995 would be:
A. ($3,600)
B. ($1,200)
C. $1,600
D. $1,900
Which of the following ratios is appropriate for the evaluation of accounts receivable?
A. Days sales outstanding.
B. Return on total assets.
C. Collection to debt ratio.
D. Current ratio.
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