Список вопросов базы знаний

Which of the two assertions are true and which are false?

A) For a business to succeed it must be properly planned from the beginning

B) Many decisions need to be made before the boss is even born

Which of the two assertions are true and which are false?

A) From the 1980s there has been a trend for large companies to think locally

B) And when companies operate at international level they need managers, closed in the reality of their local business culture

Which of the two assertions are true and which are false?

A) Get ready a written business plan, when needed

B) Included in a business plan should be any already identified investment capital sources and avenues, along with budgets

Which of the two assertions are true and which are false?

A) In accordance with a recent survey, the top characteristics of an international manager include many soft skills, such as the ability to work in international teams, adaptability to new situations, sensitivity to different cultures and desire to immigrate to Africa and start life in savanna.

B) The manager should be self-reliant and have an open, non-judgemental personality

Which of the two assertions are true and which are false?

A) In many cases a small business owner shouldn’t provide himself the liability protection of an “S” corporation or LLC, but allow the tax consequences to be passed through to the entrepreneur

B) This is because even very small businesses will not operate at-a-loss for the first few years

Which of the two assertions are true and which are false?

A) In most of companies the tax responsibilities of the company pass through to the owner

B) A business can also be set up as a corporation, which has its own tax consequences, but limits personal liability of the owner

Which of the two assertions are true and which are false?

A) In order to be successful, entrepreneurs usually need to meditate and just pray to god for a successful outcome

B) If the venture is going to need outside capital, either as a start-up or later for expansion, it’ll never get it and they know it

Which of the two assertions are true and which are false?

A) Inventory accounting methods may take the form of “FIFA” first in-first out, or “UEFA” last in-first out

B) FI-FO accounting allocates older inventory costs to the cost of goods sold and more recent costs to inventory holdings

Which of the two assertions are true and which are false?

A) It can be assumed that we aren’t talking about home offices used only part-time by people who work elsewhere during the day

B) Our target market home office wants to have powerful technology and a lot of links between computing, telecommunications, and video

Which of the two assertions are true and which are false?

A) It is true to say that members of management are often criminals

B) However, this in no way diminishes the basic fact that criminals must play a positive role in business growth

Which of the two assertions are true and which are false?

A) LLCs and most Sub “S” corporations are restricted to lunar year endings

B) Corporations must use information like seasonal weather changes, and utility to the owner are considerations

Which of the two assertions are true and which are false?

A) Long term implications of any choice are that often the IRS will not allow a change, or may only allow for a gradual phasing-in of a change

B) This is not true when tax advantages are made available to the business person as a result of the change

Which of the two assertions are true and which are false?

A) Many companies are beginning to recognise that they do not have enough high-quality people for their international activities

B) They often have problems releasing experienced people from existing operations in order to resource and lead new international ventures

Which of the two assertions are true and which are false?

A) Many local computer stores are threatened

B) These tend to be small businesses, owned by people who started them because they liked computers

Which of the two assertions are true and which are false?

A) Many people go into a new business because the business owner, unlike an employee, stands the chance of higher returns for their risk

B) They also enjoy the personal freedom and anarchy of the surrounding legal and economic system

Which of the two assertions are true and which are false?

A) One more important characteristic is strategic awareness: the manager should have a global view of his or her contribution at work

B) In other words, the manager should think “world” and not see work responsibilities and needs soley from the perspective of his or her own office window

Which of the two assertions are true and which are false?

A) Our target companies are large enough to need the high-quality information technology management we offer, but too small to have a separate computer management staff such as an MIS department

B) We say that our target market has 10-50 employees, and needs 5-20 workstations tied together in a local area network; the definition is flexible

Which of the two assertions are true and which are false?

A) Service ( PC) corporations may have a chinese as opposed to light year ends

B) However, cautions must be made to not make calculations of income on one fiscal year for the company and never ever pay any taxes

Which of the two assertions are true and which are false?

A) Small business buyers are often accustomed to buying from vendors who visit their offices

B) They expect the copy machine vendors, office products vendors, and office furniture vendors, as well as the local graphic artists, freelance writers, or whomever, to visit their office to make their sales

Which of the two assertions are true and which are false?

A) Some companies are beginning to recognise that they do not have enough high-quality people for their international activities

B) They often have problems releasing experienced people from existing operations in order to resource and lead new international ventures

Which of the two assertions are true and which are false?

A) Some entrepreneurs must pray to have an adequate amount of money to fund their business

B) Those who risk money to entrepreneurs don’t want to know where it went and for what purpose.

Which of the two assertions are true and which are false?

A) Some stores are under-capitalized and under-managed

B) Margins are squeezed as they compete against the chains, in a competition based on price more than on service and support

Which of the two assertions are true and which are false?

A) Sometimes a small business owner is better off to provide himself the liability protection of an “S” corporation or LLC, but allow the tax consequences to be passed through to the entrepreneur

B)No business will operate at-a-loss for the first few years, and the benefits of that loss can be utilized by the business person

Which of the two assertions are true and which are false?

A) Start-up businesses usually require much less cash than anticipated by even the most conservative expectations

B) It is well-established fact that most businesses start off under funded

Which of the two assertions are true and which are false?

A) Storefront computer resellers, usually less than 5,000 square feet, often focused on a few main brands of hardware, usually offering only a minimum of software, and variable amounts of service and support

B) These are usually old-fashioned (1980s-style) computer stores and they usually offer relatively few reasons for buyers to shop with them

Which of the two assertions are true and which are false?

A) The advertising poster is the keystone which demonstrates the overall position of the company if the plans are executed

B) If undesirable positions come to light, the management can quickly immigrate to a better country

Which of the two assertions are true and which are false?

A) The budget is also a means of pocketing funds for private purposes

B) The staff member responsible for a section of the budget (‘un budget, c’est un monsieur’) is authorized to make expenditures to the extent given in the budget without the further consent of higher management

Which of the two assertions are true and which are false?

A) The budgeting stages don’t show the internal cohesion and necessary harmonizing of company activities which may be functionally divided between various departments

B) In this sense, a budget can’t be an important means of co-ordination

Which of the two assertions are true and which are false?

A) The collapse of the joint-stock company and the decreasing size of the capital investment required to operate competi­tively in the face of ever more complex manufacturing and other techniques eventually led to the position where the true owners of an enterprise were not personally involved in its management.

B) It has also led to the curious situation that the true owners, or shareholders, are not in a technical legal sense, in fact, the owners since a limited liability company is a corporate entity in its own right

Which of the two assertions are true and which are false?

A) The last factor to be decided on is the method or “basis” of accounting

B) The cash-basis accounting method is available to businesses where inventory amounts to a substantial value of the company’s assets

Which of the two assertions are true and which are false?

A) The market is served by mail order businesses that offer aggressive pricing of boxed product

B) For the purely price-driven buyer, who buys boxes and expects no service, these are very good options

Which of the two assertions are true and which are false?

A) The most important thing, for our plan’s focus, are the home offices that are the only offices of real businesses, from which people make their primary living

B) These are likely to be professional services such as graphic artists, writers, and consultants, some accountants and the occasional lawyer, doctor, or dentist

Which of the two assertions are true and which are false?

A) The national store chains are a growing presence

B) CompUSA, Computer City, Incredible Universe, Babbages, Egghead, and others. They benefit from national advertising, economies of scale, volume buying, and a general trend toward name-brand loyalty for buying in the channels as well as for products

Which of the two assertions are true and which are false?

A) The only possible way to get proper experience in international management is through direct international experience either by participating in international task forces or, more importantly, by working and living abroad

B) Such experiences open people’s minds to the fact that in fact international management is nothing but a game and has no serious implications

Which of the two assertions are true and which are false?

A) The only way to learn to operate in international enviroment is through direct international experience either by participating in international task forces or, more importantly, by working and living abroad

B) Such experiences open people’s minds to the fact that things are done differently elsewhere and encourage them to think in a wider context

Which of the two assertions are true and which are false?

A) The top characteristics of an international manager include many soft skills, such as the ability to work in international teams, adaptability to new situations, sensitivity to different cultures (and awareness of own cultural background), and relational skills

B) The manager should be self-reliant and have an open, non-judgemental personality

Which of the two assertions are true and which are false?

A) There is usually many leakage in ad-hoc purchasing through local chain stores and mail order

B) Often the administrators try to discourage this, but are only partially successful

Which of the two assertions are true and which are false?

A) Those business starters who act on their ideas don’t care very much about bringing them into reality

B) Many successful business people have applied the old adage, “If at first you don’t succeed, try, try, try again.”

Which of the two assertions are true and which are false?

A) Though the budget is typically a reflection of the financial results to be expected from the planned activities, quantity budgets which are only concerned with the number of units produced can also be included in the total budget system

B) The employee or supervisor concerned is then only responsible for the amount of units in the budget, and where his subordinates spend their evenings and nights.

Which of the two assertions are true and which are false?

A) To choose the fiscal year is another important decision the owner of a small business must make

B) As a general rule however, only secretaries have flexibility in deciding the fiscal year

Which of the two assertions are true and which are false?

A) to define the high-end home office is difficult

B) We generally know the characteristics of our target market, but we can’t find easy classifications that fit into available demographics

Which of the two assertions are true and which are false?

A) To develop the international company’s management resource is simple, easy and so much fun

B) Language training, overseas visits, in-house management courses and general management training at business schools are done just to burn some of the company funds

Which of the two assertions are true and which are false?

A) UEfA accounting allocates older inventory costs to the cost of goods sold in football competitions

B) If the business is operating in an environment of rising inventory costs, it may be advisable to apply more recent higher cost of inventory goods to cost of sales and retain the older, lower costs as inventory

Which of the two assertions are true and which are false?

A) Unless the organisation is being grossly mismanaged the average shareholder has only one chance a year to influence his company’s affairs, and that is at the annual general meeting (AGM)

B) To call a shareholders’ meeting at any other time, though possible, is beset with legal procedural regula­tions that make it worth while only in cases of their planned asassination

Which of the two assertions are true and which are false?

A) When a plan has been expressed in financial terms, we speak of a budget. Budgeting is the changing of operational plans (for example, for purchasing, production, research, or sales) into financial results.

B) The budget shows the financial position the company will be in if all plans are executed

Which of the two assertions are true and which are false?

A) When an entrepreneur needs to go somewhere other than a bank, good paperwork becomes even more important

B) Venture capital is money that is stolen or forged

Which of the two assertions are true and which are false?

A) When one has an unshakable decision to start a business, the next step is to stop, think again and realize what a foolish decision it was

B) When setting up a business, no real choices are available

Which of the two assertions are true and which are false?

A) When the new entrepreneur decides what form of a business entity to establish, he must decide on accounting methods and financial recording methods the company will utilize

B) This can mean the differences between having a profit and paying it in taxes. It is not how much that a business makes, but how much it keeps that determines the profitability

Cash-basis accounting method is available to businesses where inventory does not amount to a substantial ... of the company’s assets

A company can ... set up as an unincorporated partnership, a proprietorship, or limited liability company (LLC)