İşletmeye Giriş Final 1. Deneme Sınavı
Toplam 19 Soru1.Soru
Which one of the following is not among the internal users of accounting information?
Creditors |
Marketing managers |
Production supervisors |
Finance directors |
Company officers |
Internal users of accounting information are managers who plan, organize, and run a business. They include marketing managers, production supervisors, finance directors, and company officers.
2.Soru
Which of the following is not one of the 5 C’s of credit?
Capital. |
Conditions. |
Collateral. |
Consolidation. |
Capacity. |
Banks usually assess the credit worthiness of companies to establish a credit relationship with companies by in view of 5 C’s of credit. These are: character, capacity, capital, collateral and conditions.
3.Soru
With which of the followings the companies have to attract buyers?
Technology |
Bargain prices |
Research and development |
Licensing |
Strategy |
Strategic Alliances- bargain prices
The characteristics of emerging international markets may be different and as a result, competition in these markets should be arranged accordingly. Companies have to attract buyers with bargain prices and have to achieve a better fit to local requirements. Specially designed or packaged products may be needed to accommodate local market circumstances. Management teams for these firms must be consist of a mix of expatriate and local managers. For emerging markets, competition should be based on low price. The companies aiming at emerging markets may need to develop new business models to accommodate local conditions.
4.Soru
Capital Markets Board of Turkey’s Corporate Governance Principles consist of the following main sections, except:
Shareholders. |
Stakeholders. |
Disclosure and transparency. |
Board of directors. |
Investment decisions. |
Capital Markets Board of Turkey’s Corporate Governance Principles consist of four main sections, namely shareholders, disclosure and transparency, stakeholders and board of directors.
5.Soru
The concept proposed by Adam Smith, in which the production process was broken down into a series of small tasks, was called:
Assembly line. |
Division of labor. |
Supply chain. |
Production management. |
Flexible manufacturing system. |
Adam Smith’s Wealth of Nations (1776) proposed the division of labor in which the production process was broken down into a series of small tasks, each performed by a different worker. The specialization of the workers on limited, repetitive tasks allowed them to become very proficient at those tasks and further encouraged the development of specialized machinery.
6.Soru
Markets where long-term securities like bonds and stocks are traded are called:
Markets where long-term securities like bonds and stocks are traded are called:
Capital markets. |
Money markets. |
Commercial markets. |
Primary markets. |
Secondary markets. |
Financial markets can be classified as: Money markets - markets where short-term securities like commercial paper and treasury bills are traded and Capital markets - markets where long-term securities like bonds and stocks are traded.
7.Soru
Which of the following is one of the advantages of job-shop process?
Low material handling costs. |
More efficiency of general purpose equipment. |
Wide variety of products produced. |
Low material flow distance. |
Low production costs. |
Some of the important advantages of the job-shop process: Wide variety of products are produced; operators become more skilled; full potential of operators can be utilized; opportunity exists for creative methods and innovative ideas; and since machines are grouped, therefore supervision task becomes more effective.
8.Soru
Which of the following is not one of the disadvantages of flow process?
Operations are efficient |
Initial costs are high |
Work can be tedious |
The work can be boring |
The production system is extremely vulnerable. |
Disadvantages of the flow processes: Initial costs are high; work can become tedious and boring; and the production system is extremely vulnerable.
Advantages of the flow processes: Since specialized equipment is used, operations are efficient; workers can benefit from repetition of a narrow range of tasks; material handling can be simplified; work-in process inventories are small; space utilization is efficient; quality conformance is easier to achieve; and production scheduling and coordination are relatively easy.
9.Soru
Which of the following users use accounting information to make decisions to buy, hold, or sell stock
Internal users |
Customers or clients |
Current and prospective investors |
Creditors |
Taxing authorities |
Current and prospective investors (owners) use accounting information to make decisions to buy, hold, or sell stock.
10.Soru
Which is not true for management levels?
The management structure involves three basic layers. |
At the base of the pyramid non-managerial employees reside. |
Division head and Dean are in the group of Top/Executive management. |
All management levels are interconnected. |
Section chief and Project leader are in the group of First Line / supervisory management. |
Management Levels
The management structure in traditional terms involves three basic layers: Top/executive, middle, and first line/supervisory levels. At the base of the pyramid non-managerial or non-supervisory employees reside. These three management levels are interconnected although each management level has a
different set of functions and requires different managerial qualifications.
11.Soru
Which one is one of the outputs of the Accounting System Process?
Balance sheet |
Payroll records |
Purchasing documents |
Posting |
Journalizing |
• Sales documents • Purchasing documents
• Payroll records • Bank records • Others
Processing:
• Journalizing • Balance sheet • Income statement • Cash flows statement
• Other reports • Posting • All accounts are summarized
Outputs:
• Balance sheet • Income statement • Cash flows statement
• Other reports
12.Soru
Who is primarily responsible for implementing the production operations in departments or any type of horizontal unit which they achieve by non-managerial employees?
Disseminator |
First line management |
Spokesperson |
Top management teams |
Middle level management |
Top management teams are responsible for the entire organization and ensures the coordination of overall activities towards the achievement of ultimate goals.
Middle level management is responsible for overseeing the contribution to the goals and strategies developed by the top management.
First line management team is primarily responsible for implementing the production operations in departments or any type of horizontal unit which they achieve by non-managerial employees.
13.Soru
Which of the following is true for "Cellular manufacturing"?
The field of cellular manifacturing was born to manage the flow of information, products, and services across a network ofcustomers, enterprises and supply chain partners. |
During the cellular manifacturing, many new inventions are implemented |
Cellular manifacturing is characterised by a low degree of job customisation, a |
Organizations capture all of the efficiencies of flow processes and the |
Cellular manufacturing is a process that produces families of parts within a |
Cellular manufacturing is a process that produces families of parts within a single line or cell of machines operated by operators who work only within the line or the cell. A cell is a small scale, clearly-defined production unit within a larger factory. This unit has complete responsibility for producing a family of like parts or a product
14.Soru
Forecasted assets and total financing provided by debt and equity financing at a future date are displayed at:
Forecasted assets and total financing provided by debt and equity financing at a future date are displayed at:
Pro forma balance sheet. |
Pro forma income statement. |
Budget. |
Capital lease. |
Investment portfolio. |
Companies need to plan for the future to predict futurefinancing requirements and prepare for future needs. Proforma financial statements (mainly balance sheet and income statement) are prepared for this purpose. Pro forma income statement exhibits forecasted revenues and expenses for a future period. Pro forma balance sheet displays forecasted assets and total financing provided by debt and equity financing at a future date.
15.Soru
"To process business transactions, control industrial processes, support enterprise communications and collaborations and update corporate databases in a company" is the function of:
Operation support systems. |
Management information systems. |
Decision support systems. |
Expert systems. |
Executive information systems. |
Companies use operations support systems to maintain records and otherwise support operations and decisions at a nonstrategic level. Operations support systems produce a variety of information products for internal and external use; however, they do not emphasize the specific information products that can best be used by managers. Further processing by management information systems is usually required. The role of a company’s operations support systems is to process business transactions, control industrial processes, support enterprise communications and collaborations, and update corporate databases
16.Soru
Which is true for the accounting equation? I. Assets must equal the sum of liabilities and owner’s equity. II. The accounting equation is the formula used to capture the company’s financial position at any point in time. III. Liabilities appear after owners’ equity in the basic accounting equation.
Only II |
Only III |
I and II |
II and III |
I, II and III |
The accounting equation is the formula used to capture the company’s financial position at any point in time. The accounting equation shows how assets, liabilities, and owners’ equity are related to each other.Assets must equal the sum of liabilities and owner’s equity. Liabilities appear before owners’ equity in the basic accounting equation because they are paid first if a business is liquidated.
17.Soru
The effectiveness of management information does not depend on which of these characteristics?
Relevance. |
Quality. |
Timeliness. |
Variety. |
Completeness. |
The effectiveness of management information depends on four characteristics: Quality, Completeness, Timeliness, and Relevance.
18.Soru
Which of the followings is the purpose of “focus strategy”?
To do marketing towards a certain positioning. |
To capture a smaller segment in the market. |
To divide the population into sub-groups. |
To categorize consumers on the basis of how they purchase and use a particular product or brand. |
To compensate for all the costs related to marketing research, strategic organization, and sales. |
Focus strategy attempts to capture a smaller segment in the market.
19.Soru
Which one/s is/are the characterisctic/s of the production system? I. Production is an organized activity. II. The system transforms the various inputs to useful outputs. III. It operates in isolation from the other organizational systems.
Only I |
Only III |
I and II |
I and III |
I, II and III |
The production system has the following characteristics:
• Production is an organized activity; thus every production system has an objective.
• The system transforms the various inputs to useful outputs.
• It does not operate in isolation from the other organizational systems.
• There exists a feedback about the production activities, which is essential to control and improve system performance.
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