Multiple Choice Questions

Drug use that is not common within a social group and that is disapproved of by the majority, causing members of a group to take corrective action when it occurs, is
  • A. deviant drug use.
  • C. perceived risk of harm in using marijuana
  • A. the "drug du jour."
  • A. an illicit drug.
Much of our information about rates of drug use come from survey questionnaires. One important limitation of such questionnaires is
  • B. people might not answer honestly.
  • A. the "drug du jour."
  • D. hasn't changed much in the past 15 years.
  • C. perceived risk of harm in using marijuana
Drugs have played a significant role in human society
  • D. hallucinogens.
  • C. for thousands of years.
  • A. an illicit drug.
  • A. the "drug du jour."
In the past 100 years, the introduction of vaccines to prevent diseases and antibiotics to cure some types of infections laid the foundation for
  • C. perceived risk of harm in using marijuana
  • B. is about half the percentage reporting current use in the late 1970s.
  • B. our acceptance of medicines as the cornerstone of our health care system.
  • A. if they are done year after year, because we can then look for changes over time.
Based on two large surveys, it appears that the percentage of young people reporting current marijuana use
  • D. hasn't changed much in the past 15 years.
  • B. our acceptance of medicines as the cornerstone of our health care system.
  • B. is about half the percentage reporting current use in the late 1970s.
  • A. if they are done year after year, because we can then look for changes over time.
The National Survey on Drug Use and Health revealed that current alcohol, marijuana, and cocaine use
  • B. people might not answer honestly.
  • D. hasn't changed much in the past 15 years.
  • B. is about half the percentage reporting current use in the late 1970s.
  • C. perceived risk of harm in using marijuana
Despite the limitations of survey questionnaires, they can be especially informative
  • B. is about half the percentage reporting current use in the late 1970s.
  • B. our acceptance of medicines as the cornerstone of our health care system.
  • A. if they are done year after year, because we can then look for changes over time.
  • A. the "drug du jour."
One of the general principles of psychoactive drug use is that
  • B. people might not answer honestly.
  • D. drugs, per se, are not good or bad
  • A. the individual's history and expectations
  • C. multiple effects
The use of a substance in a manner, amounts, or situations such that the drug causes problems or greatly increases the chances of problems occurring is
  • C. abuse.
  • D. hasn't changed much in the past 15 years.
  • A. deviant drug use.
  • C. perceived risk of harm in using marijuana
A drug that is unlawful to possess or use is defined in the text as
  • C. for thousands of years.
  • A. an illicit drug.
  • D. hallucinogens.
  • A. deviant drug use.
Methamphetamine, crack cocaine, ecstasy, and glue sniffing were given as examples of media reports on
  • A. deviant drug use.
  • A. the "drug du jour."
  • A. an illicit drug.
  • D. hasn't changed much in the past 15 years.
Which one of the following terms is defined as the mixture of a firm's debt and equity financing?
  • Capital structure
  • Agency Problem
  • Increasing current profits when doing so lowers the value of the firm's equity.
  • Working capital.
A business owned by a solitary individual who has unlimited liability for its debt is called a:
  • Any person or entity other than a stockholder or creditor who potentially has a claim on the cash flows of a firm.
  • General partnership.
  • Corporation.
  • Sole proprietorship
Decisions made by financial managers should primarily focus on increasing which one of the following?
  • Increasing current profits when doing so lowers the value of the firm's equity.
  • Market value per share of outstanding stock
  • Working capital.
  • Capital structure
Financial managers should primarily focus on the interests of:
  • Shareholders
  • Market value per share of outstanding stock
  • Capital structure
  • Agency Problem
Which one of the following actions by a financial manager is most apt to create an agency problem?
  • Determining whether to pay cash for a purchase or use the credit offered by the supplier.
  • Increasing current profits when doing so lowers the value of the firm's equity.
  • Deciding whether or not to purchase a new machine for the production line.
  • Determining the minimum level of cash to be kept in a checking account.
Which of the following questions are addressed by financial managers? I. How should a product be marketed?II. Should customers be given 30 or 45 days to pay for their credit purchases?III. Should the firm borrow more money?IV. Should the firm acquire new equipment?
  • I, II, III, IV
  • II, III, IV
  • Agency Problem
  • Working capital.
Which one of the following is defined as a firm's short-term assets and its short-term liabilities?
  • Working capital.
  • Increasing current profits when doing so lowers the value of the firm's equity.
  • Capital structure
  • Agency Problem
A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a:
  • Corporation.
  • Any person or entity other than a stockholder or creditor who potentially has a claim on the cash flows of a firm.
  • General partnership.
  • Sole proprietorship
Which of the following should a financial manager consider when analyzing a capital budgeting project? I. Project start-up costs.II. Timing of all projected cash flows.III. Dependability of future cash flows.IV. Dollar amount of each projected cash flow.
  • Agency Problem
  • II, III, IV
  • Working capital.
  • I, II, III, IV
Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers?
  • I, II, III, IV
  • Capital structure
  • Working capital.
  • Agency Problem
Net Income:Decreases equity.Represents the amount of assets owners put into a business.Equals assets minus liabilities.Is the excess of revenues over expenses.Represents owners' claims against assets.
  • Business entity assumption.
  • Is the excess of revenues over expenses.Represents owners' claims against assets.
  • The increase in equity from a company's sales of products and services.
  • Means that we can express transactions and events in monetary, or money, units.
Which of the following is NOT a type of message you can send with a smartphone?
  • Spreadsheet
  • Mobile computer
  • Virus signatures
  • Media message
Which of the following category of users works on a computer while away from a main office, home office, or school?
  • Memory
  • e-book
  • Mobile
  • Chrome
Which kind of user requires the capabilities of a powerful computer?
  • Vaporware
  • Chrome
  • Power
  • All-in-one
What consist(s) of a series of related instructions that tells the computer what tasks to perform and how to perform them?
  • Mobile
  • Network
  • Vaporware
  • Software
Who is Microsoft's founder?
  • Bill Gates
  • Windows Explorer
  • Vaporware
  • Information
Collections, such as that pictured in the accompanying figure, allow computers to share which of the following?
  • Software
  • Mobile
  • Resources
  • Spreadsheet
Which of the following is a collection of computers and devices connected together, as shown in the accompanying figure, often wirelessly, via communications devices and transmission media?
  • Memory
  • Network
  • e-book
  • Computer
Which of the following is NOT an example of malware?
  • Facebook
  • Information
  • Chrome
  • Vaporware
Which of the following is a category of users?
  • Virus signatures
  • Enterprise users
  • Mobile computer
  • Notebook computer
What involves reducing the electricity consumed and environmental waste generated when using a computer?
  • Green computing
  • Desktop computer
  • Notebook computer
  • Mobile computer
Which of the following is an electronic version of a printed book, readable on computers and other digital devices?
  • e-book
  • Mobile
  • Memory
  • Network
Which of the following is NOT one of the widely used browsers?
  • Information
  • Media message
  • Virus signatures
  • Windows Explorer
What is the definition of a website?
  • Enterprise users
  • Information
  • A collection of related webpages
  • Creating web apps instead of desktop apps
Which kind of desktop uses the same case to house the screen and processing circuitry?
  • Spreadsheet
  • Power
  • Communications Device
  • All-in-one
Which of the following is a popular social networking site?
  • e-book
  • Chrome
  • Vaporware
  • Facebook
Which of the following is NOT a popular programming language?
  • Facebook
  • Slate
  • Chrome
  • Vaporware
Which of the following is NOT a strategy that supports green computing?
  • Creating web apps instead of desktop apps
  • Media message
  • Facebook
  • Virus signatures
Which of the following entails having the knowledge and understanding of computers, mobile devices, the Internet, and related technologies?
  • Notebook computer
  • Virus signatures
  • Mobile computer
  • Digital literacy
Which kind of device is hardware capable of transferring items from computers and devices to transmission media and vice versa?
  • Digital literacy
  • All-in-one
  • Communications Device
  • Mobile computer
What is a type of personal computer designed so all of its components fit entirely on or under a desk or table?
  • Desktop computer
  • Green computing
  • Mobile computer
  • Digital divide
For which of the following is the spelling, disk, used?
  • Media message
  • Magnetic media
  • Mobile computer
  • Information
You interact with a program through which of the following, thereby controlling how you enter data and instructions and how information is displayed on the screen?
  • Digital divide
  • Green computing
  • Digital literacy
  • User interface
In a psychological study, Danny is asked to report the feelings he experiences when he is subjected to the persistent sound of an ambulance siren. In this scenario, Danny is most likely being studied through the method of..
  • humanistic approach
  • introspection.
  • introspection
  • psychodynamic approach
Richard, a psychologist, is specifically interested in the brain's role in behavior. Which of the following is most likely his area of specialization in psychology?
  • humanistic approach
  • behavioral neuroscience
  • cognitive approach
  • personality psychology
During a therapy session, Mrs. Brown's therapist, Donald, asks her about her dreams because he believes that they are the key to her unconscious mind. In this scenario, Donald is most likely using the ___________ to psychology.
  • introspection
  • humanistic approach
  • personality psychology
  • psychodynamic approach
Which of the following statements is true of mental processes?
  • How do people visualize objects in their minds?
  • They view the mind as an active and aware problem-solving system.
  • They cannot be observes directly.
  • They believe that thoughts and emotions have a physical basis in the brain.
Dennis, a psychologist, conducts a survey on why most people tend to help a crying child. After the survey, he explains that most people help a crying child because they choose to live by higher values such as altruism. In this scenario, Dennis's explanation is reflective of the _____ approach to psychology.
  • behavioral neuroscience
  • cognitive approach
  • human strengths
  • humanistic approach
The humanistic approach to psychology emphasizes the role of ______ as a determinant of behavior.
  • introspection
  • introspection.
  • How do people visualize objects in their minds?
  • free will
Marlena, diagnosed with clinical depression, is frustrated with her therapist because he has not helped her overcome her illness. Marlena has lost faith in self-reflection and analysis and believes that the only way her symptoms will reduce is through medication. In this scenario, which psychological professional should Marlena consult for her needs?
  • humanistic approach
  • a psychiatrist
  • psychodynamic approach
  • introspection
Dr. Jackson has spent a lifetime studying how adults solve problems. It is likely that Dr. Jackson specializesin the _____ to psychology.
  • humanistic approach
  • cognitive approach
  • introspection.
  • behavioral neuroscience
Every time four-year-old Johnny puts his toys away or puts his clothes in the hamper, his parents praise him. Johnny's parents are using the _______ to psychology to train Johnny to keep his room clean.
  • behavioral neuroscience
  • identifying high-risk groups.
  • behavioral approach
  • humanistic approach
Which of the following is true of the neuroscience as a contemporary approach to psychology?
  • They believe that sexual and aggressive impulses buried deep within the unconscious mind influence the way people think.
  • It emphasizes that the brain is central to understanding behavior, thought, and emotion.
  • They believe that thoughts and emotions have a physical basis in the brain.
  • How do people visualize objects in their minds?
Which of the following statements is true of neuroscientist?
  • They believe that sexual and aggressive impulses buried deep within the unconscious mind influence the way people think.
  • It emphasizes that the brain is central to understanding behavior, thought, and emotion.
  • They view the mind as an active and aware problem-solving system.
  • They believe that thoughts and emotions have a physical basis in the brain.
Community psychologist try to prevent mental health problems by
  • They cannot be observes directly.
  • behavioral approach
  • human strengths
  • identifying high-risk groups.
Benedict conducts research on whether the tendency to be friendly, anxious, or hostile affects people's health, career choice, or interpersonal relationships. This implies that Benedict is most likely a student of
  • behavioral neuroscience
  • psychodynamic approach
  • personality psychology
  • humanistic approach
The method of study used by Wilhelm Wundt and his collaborators to discover the basic elements, or "structures," of mental process was
  • introspection
  • free will
  • introspection.
  • cognitive approach
The mixture of debt and equity maintained by a firm
  • Capital Structure
  • Working Capital
  • Capital Budgeting
  • What goal should always motivate the actions of the firms financial manager?
A primary market transaction.
  • What goal should always motivate the actions of the firms financial manager?
  • What is the primary disadvantage of the corporate form of organization? What are the advantages?
  • Is an IPO a primary-market transaction or a secondary-market transaction?
  • What are the three types of financial management decisions?
The possibility of conflict of interest between the owners and management of a firm
  • Who owns a corporation? What is the main reason that an agency relationship exists in the corporate form of organization? What problems can arise?
  • Agency problem
  • Corporation
  • What are the four primary disadvantages to the sole proprietorship and partnership forms of organization? What are the benefits?
The process of planning and managing a firms long-term investment
  • Working Capital
  • Capital Budgeting
  • Capital Structure
  • Stakeholder
Disadvantages: unlimited liability, limited life, difficulty in transferring ownership, hard to raise capital funds. Some advantages: simpler, less regulation, the owners are also the managers, sometimes personal tax rates are better than corporate tax rates.
  • What are the four primary disadvantages to the sole proprietorship and partnership forms of organization? What are the benefits?
  • Corporation
  • Who owns a corporation? What is the main reason that an agency relationship exists in the corporate form of organization? What problems can arise?
  • Agency problem
Someone other than a stockholder or creditor who potentially has a claim on the cash flows of the firm
  • What goal should always motivate the actions of the firms financial manager?
  • Capital Budgeting
  • Stakeholder
  • Capital Structure
Capital budgeting (deciding on whether to expand a manufacturing plant), capital structure (deciding whether to issue new equity and use the proceeds to retire outstanding debt), and working capital management (modifying the firm's credit collection policy with its customers).
  • What goal should always motivate the actions of the firms financial manager?
  • What are the three types of financial management decisions?
  • Is an IPO a primary-market transaction or a secondary-market transaction?
  • What is the primary disadvantage of the corporate form of organization? What are the advantages?
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Multiple Choice Questions
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