最新のBEC問題集で試験を準備する

AICPA BEC 試験概要:

AICPA BEC 試験シラバストピック:

AICPA CPA Business Environment and Concepts 認定 BEC 試験問題：

1. Food Corp. owned a restaurant called The Ambers. The corporation president, T.J. Jones, hired a
contractor to make repairs at the restaurant, signing the contract, "T.J. Jones for The Ambers." Two
invoices for restaurant repairs were paid by Food Corp. with corporate checks. Upon presenting the final
invoice, the contractor was told that it would not be paiD. The contractor sued Food Corp. Which of the
following statements is correct regarding the liability of Food Corp.?

A) It is not liable because the corporation was an undisclosed principal.
B) It is not liable because Jones is liable.
C) It is liable because Jones is not liable.
D) It is liable because Jones had authority to make the contract.

2. The Frame Supply Company has just acquired a large account and needs to increase its working capital
by $100,000. The controller of the company has identified four alternative sources of funds, which are
given below.
A: Pay a factor to buy the company's receivables, which average $125,000 per month and have an
average collection period of 30 days. The factor will advance up to 80 percent of the face value of
receivables at 10 percent and charge a fee of 2 percent of all receivables purchaseD. The controller
estimates that the firm would save $24,000 in collection expenses over the year.
Assume the fee and interest are not deductible in advance.
B: Borrow $110,000 from a bank at 12 percent interest. A 9 percent compensating balance would be
required.
C: Issue $110,000 of six-month commercial paper to net $100,000. (New paper would be issued every 6
months.)
D: Borrow $125,000 from a bank on a discount basis at 20 percent. No compensating balance would be
required.
Assume a 360-day year in all of your calculations.
The cost of Alternative B is:

A) 21.0 percent.
B) 12.0 percent.
C) 10.5 percent.
D) 13.2 percent.

3. Inflation can be caused by:

A) Increases in aggregate demand and decreases in aggregate supply.
B) Increases in aggregate supply only.
C) Decreases in aggregate demand and increases in aggregate supply.
D) Increases in aggregate demand only.

4. Aarons Group, Limited Partnership, was formed by three brothers, Aaron, Barry, and Sam. Aaron is the
general partner and devotes more than 60 hours per week to the business. Barry and Sam are limited
partners who work for different companies having no relationship to the limited partnership. The partners'
capital contributions are as follows: Aaron invested 20%. Barry and Sam invested 40% each.
During the formation of the limited partnership, the brothers signed an agreement that addresses how the
brothers will split profits and losses. At year-end, the limited partnership enjoyed large profits due to high
demand for the business' product line.
The profits will be divided:

A) In proportion to each partner's capital contribution.
B) By determining by the amount of time and labor each partner devoted to the operation of the
partnership.
C) According to the agreement.
D) Equally.

5. The imputed interest rate used in the residual income approach for performance measurement and
evaluation can best be characterized as the:

A) Average prime lending rate for the year being evaluated.
B) Average return on investment that has been earned by the company over a particular time period.
C) Historical weighted average cost of capital for the company.
D) Average return on assets employed over a particular time period.

質問と回答：