{"id":5288,"date":"2020-03-27T06:15:24","date_gmt":"2020-03-27T06:15:24","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=5288"},"modified":"2020-03-27T06:15:33","modified_gmt":"2020-03-27T06:15:33","slug":"certified-business-manager-cbm-certification-dumps-questions","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/certified-business-manager-cbm-certification-dumps-questions.html","title":{"rendered":"Certified Business Manager CBM Certification Dumps Questions"},"content":{"rendered":"<p>We know, the Certified Business Manager (CBM) is a credential created and administered by the Association of Professionals in Business Management (APBM), which was designed to validate the mastery of business management knowledge, skills, and abilities. CBM Exam is a masters-level professional certification based on an MBA curriculum. CBM dumps questions are collected by our professional team, they promise that you can pass CBM Certified Business Manager Certification Exam in the first try.<\/p>\n<h2>Test <span style=\"color: #ff0000;\">CBM Free Dumps Questions<\/span> and Try to Answer By Yourself<\/h2>\n<script>\n  window.fbAsyncInit = function() {\n    FB.init({\n      appId            : '622169541470367',\n      autoLogAppEvents : true,\n      xfbml            : true,\n      version          : 'v3.1'\n    });\n  };\n\n  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><div id=\"watu_quiz\" class=\"quiz-area single-page-quiz\">\n<p><\/p><form action=\"\" method=\"post\" class=\"quiz-form \" id=\"quiz-2076\" >\n<div class='watu-question' id='question-1'><div class='question-content'><p><span class='watu_num'>1. <\/span>Process of envisioning the organization\u2019s future and developing the necessary procedures and operations to achieve that future is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118000' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486383' \/><div class='watu-question-choice'><input type='radio' name='answer-118000[]' id='answer-id-486383' class='answer answer-1  answerof-118000' value='486383' \/>&nbsp;<label for='answer-id-486383' id='answer-label-486383' class=' answer label-1'><span class='answer'>Foregoing planning<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486384' \/><div class='watu-question-choice'><input type='radio' name='answer-118000[]' id='answer-id-486384' class='answer answer-1  answerof-118000' value='486384' \/>&nbsp;<label for='answer-id-486384' id='answer-label-486384' class=' answer label-1'><span class='answer'>Strategic planning<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486385' \/><div class='watu-question-choice'><input type='radio' name='answer-118000[]' id='answer-id-486385' class='answer answer-1  answerof-118000' value='486385' \/>&nbsp;<label for='answer-id-486385' id='answer-label-486385' class=' answer label-1'><span class='answer'>Operational planning<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486386' \/><div class='watu-question-choice'><input type='radio' name='answer-118000[]' id='answer-id-486386' class='answer answer-1  answerof-118000' value='486386' \/>&nbsp;<label for='answer-id-486386' id='answer-label-486386' class=' answer label-1'><span class='answer'>Organizational planning<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType1' value='radio' class=''><\/div><div class='watu-question' id='question-2'><div class='question-content'><p><span class='watu_num'>2. <\/span>What focuses on the roles of senior managers in guiding an organization to fulfill its missions and meet its goals?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118001' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486387' \/><div class='watu-question-choice'><input type='radio' name='answer-118001[]' id='answer-id-486387' class='answer answer-2  answerof-118001' value='486387' \/>&nbsp;<label for='answer-id-486387' id='answer-label-486387' class=' answer label-2'><span class='answer'>Senior management<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486388' \/><div class='watu-question-choice'><input type='radio' name='answer-118001[]' id='answer-id-486388' class='answer answer-2  answerof-118001' value='486388' \/>&nbsp;<label for='answer-id-486388' id='answer-label-486388' class=' answer label-2'><span class='answer'>Operational control<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486389' \/><div class='watu-question-choice'><input type='radio' name='answer-118001[]' id='answer-id-486389' class='answer answer-2  answerof-118001' value='486389' \/>&nbsp;<label for='answer-id-486389' id='answer-label-486389' class=' answer label-2'><span class='answer'>Executive leadership<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486390' \/><div class='watu-question-choice'><input type='radio' name='answer-118001[]' id='answer-id-486390' class='answer answer-2  answerof-118001' value='486390' \/>&nbsp;<label for='answer-id-486390' id='answer-label-486390' class=' answer label-2'><span class='answer'>Board of Control<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType2' value='radio' class=''><\/div><div class='watu-question' id='question-3'><div class='question-content'><p><span class='watu_num'>3. <\/span>Effective leadership requires which core leadership skills?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118002' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486391' \/><div class='watu-question-choice'><input type='radio' name='answer-118002[]' id='answer-id-486391' class='answer answer-3  answerof-118002' value='486391' \/>&nbsp;<label for='answer-id-486391' id='answer-label-486391' class=' answer label-3'><span class='answer'>vision, empowerment, intuition, self-understanding, and value congruence<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486392' \/><div class='watu-question-choice'><input type='radio' name='answer-118002[]' id='answer-id-486392' class='answer answer-3  answerof-118002' value='486392' \/>&nbsp;<label for='answer-id-486392' id='answer-label-486392' class=' answer label-3'><span class='answer'>vision, mission, intuition, process-control, and value congruence<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486393' \/><div class='watu-question-choice'><input type='radio' name='answer-118002[]' id='answer-id-486393' class='answer answer-3  answerof-118002' value='486393' \/>&nbsp;<label for='answer-id-486393' id='answer-label-486393' class=' answer label-3'><span class='answer'>mission, empowerment, perception, self-understanding, and value congruence<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486394' \/><div class='watu-question-choice'><input type='radio' name='answer-118002[]' id='answer-id-486394' class='answer answer-3  answerof-118002' value='486394' \/>&nbsp;<label for='answer-id-486394' id='answer-label-486394' class=' answer label-3'><span class='answer'>mission, presentiment, intuition, self-understanding, and correspondence<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType3' value='radio' class=''><\/div><div class='watu-question' id='question-4'><div class='question-content'><p><span class='watu_num'>4. <\/span>What is based on the presumption that it is determined by what a customer wants?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118003' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486395' \/><div class='watu-question-choice'><input type='radio' name='answer-118003[]' id='answer-id-486395' class='answer answer-4  answerof-118003' value='486395' \/>&nbsp;<label for='answer-id-486395' id='answer-label-486395' class=' answer label-4'><span class='answer'>Property<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486396' \/><div class='watu-question-choice'><input type='radio' name='answer-118003[]' id='answer-id-486396' class='answer answer-4  answerof-118003' value='486396' \/>&nbsp;<label for='answer-id-486396' id='answer-label-486396' class=' answer label-4'><span class='answer'>Trait<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486397' \/><div class='watu-question-choice'><input type='radio' name='answer-118003[]' id='answer-id-486397' class='answer answer-4  answerof-118003' value='486397' \/>&nbsp;<label for='answer-id-486397' id='answer-label-486397' class=' answer label-4'><span class='answer'>Superiority<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486398' \/><div class='watu-question-choice'><input type='radio' name='answer-118003[]' id='answer-id-486398' class='answer answer-4  answerof-118003' value='486398' \/>&nbsp;<label for='answer-id-486398' id='answer-label-486398' class=' answer label-4'><span class='answer'>Quality<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType4' value='radio' class=''><\/div><div class='watu-question' id='question-5'><div class='question-content'><p><span class='watu_num'>5. <\/span>____________ are targets and tolerances determined by designers of products and services.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118004' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486399' \/><div class='watu-question-choice'><input type='radio' name='answer-118004[]' id='answer-id-486399' class='answer answer-5  answerof-118004' value='486399' \/>&nbsp;<label for='answer-id-486399' id='answer-label-486399' class=' answer label-5'><span class='answer'>Terms<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486400' \/><div class='watu-question-choice'><input type='radio' name='answer-118004[]' id='answer-id-486400' class='answer answer-5  answerof-118004' value='486400' \/>&nbsp;<label for='answer-id-486400' id='answer-label-486400' class=' answer label-5'><span class='answer'>Specifications<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486401' \/><div class='watu-question-choice'><input type='radio' name='answer-118004[]' id='answer-id-486401' class='answer answer-5  answerof-118004' value='486401' \/>&nbsp;<label for='answer-id-486401' id='answer-label-486401' class=' answer label-5'><span class='answer'>Constraints<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486402' \/><div class='watu-question-choice'><input type='radio' name='answer-118004[]' id='answer-id-486402' class='answer answer-5  answerof-118004' value='486402' \/>&nbsp;<label for='answer-id-486402' id='answer-label-486402' class=' answer label-5'><span class='answer'>Provision<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType5' value='radio' class=''><\/div><div class='watu-question' id='question-6'><div class='question-content'><p><span class='watu_num'>6. <\/span>Total quality is based on which of the following fundamental principle?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118005' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486403' \/><div class='watu-question-choice'><input type='radio' name='answer-118005[]' id='answer-id-486403' class='answer answer-6  answerof-118005' value='486403' \/>&nbsp;<label for='answer-id-486403' id='answer-label-486403' class=' answer label-6'><span class='answer'>Focus on customers and stakeholders<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486404' \/><div class='watu-question-choice'><input type='radio' name='answer-118005[]' id='answer-id-486404' class='answer answer-6  answerof-118005' value='486404' \/>&nbsp;<label for='answer-id-486404' id='answer-label-486404' class=' answer label-6'><span class='answer'>Participation and teamwork by everyone in the organization<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486405' \/><div class='watu-question-choice'><input type='radio' name='answer-118005[]' id='answer-id-486405' class='answer answer-6  answerof-118005' value='486405' \/>&nbsp;<label for='answer-id-486405' id='answer-label-486405' class=' answer label-6'><span class='answer'>Process focus supported by continuous improvement and learning<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486406' \/><div class='watu-question-choice'><input type='radio' name='answer-118005[]' id='answer-id-486406' class='answer answer-6  answerof-118005' value='486406' \/>&nbsp;<label for='answer-id-486406' id='answer-label-486406' class=' answer label-6'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType6' value='radio' class=''><\/div><div class='watu-question' id='question-7'><div class='question-content'><p><span class='watu_num'>7. <\/span>What refers to both incremental improvements that are small and gradual as well as break through, and large and rapid, improvement?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118006' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486407' \/><div class='watu-question-choice'><input type='radio' name='answer-118006[]' id='answer-id-486407' class='answer answer-7  answerof-118006' value='486407' \/>&nbsp;<label for='answer-id-486407' id='answer-label-486407' class=' answer label-7'><span class='answer'>Continuous improvement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486408' \/><div class='watu-question-choice'><input type='radio' name='answer-118006[]' id='answer-id-486408' class='answer answer-7  answerof-118006' value='486408' \/>&nbsp;<label for='answer-id-486408' id='answer-label-486408' class=' answer label-7'><span class='answer'>Re-growth<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486409' \/><div class='watu-question-choice'><input type='radio' name='answer-118006[]' id='answer-id-486409' class='answer answer-7  answerof-118006' value='486409' \/>&nbsp;<label for='answer-id-486409' id='answer-label-486409' class=' answer label-7'><span class='answer'>Streamlined improvement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486410' \/><div class='watu-question-choice'><input type='radio' name='answer-118006[]' id='answer-id-486410' class='answer answer-7  answerof-118006' value='486410' \/>&nbsp;<label for='answer-id-486410' id='answer-label-486410' class=' answer label-7'><span class='answer'>Rationalized improvement<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType7' value='radio' class=''><\/div><div class='watu-question' id='question-8'><div class='question-content'><p><span class='watu_num'>8. <\/span>A learning cycle has which of the following four stages?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118007' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486411' \/><div class='watu-question-choice'><input type='radio' name='answer-118007[]' id='answer-id-486411' class='answer answer-8  answerof-118007' value='486411' \/>&nbsp;<label for='answer-id-486411' id='answer-label-486411' class=' answer label-8'><span class='answer'>Planning, Organizing, Measurement, Revision<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486412' \/><div class='watu-question-choice'><input type='radio' name='answer-118007[]' id='answer-id-486412' class='answer answer-8  answerof-118007' value='486412' \/>&nbsp;<label for='answer-id-486412' id='answer-label-486412' class=' answer label-8'><span class='answer'>Planning, Implementation, Assessment, Adjustment<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486413' \/><div class='watu-question-choice'><input type='radio' name='answer-118007[]' id='answer-id-486413' class='answer answer-8  answerof-118007' value='486413' \/>&nbsp;<label for='answer-id-486413' id='answer-label-486413' class=' answer label-8'><span class='answer'>Planning, Execution, Assessment, Revision<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486414' \/><div class='watu-question-choice'><input type='radio' name='answer-118007[]' id='answer-id-486414' class='answer answer-8  answerof-118007' value='486414' \/>&nbsp;<label for='answer-id-486414' id='answer-label-486414' class=' answer label-8'><span class='answer'>Planning, Execution, Evaluation, Improvement<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType8' value='radio' class=''><\/div><div class='watu-question' id='question-9'><div class='question-content'><p><span class='watu_num'>9. <\/span>What refers to the basic management systems necessary to function effectively and carryout the principles of total quality?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118008' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486415' \/><div class='watu-question-choice'><input type='radio' name='answer-118008[]' id='answer-id-486415' class='answer answer-9  answerof-118008' value='486415' \/>&nbsp;<label for='answer-id-486415' id='answer-label-486415' class=' answer label-9'><span class='answer'>Infrastructure<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486416' \/><div class='watu-question-choice'><input type='radio' name='answer-118008[]' id='answer-id-486416' class='answer answer-9  answerof-118008' value='486416' \/>&nbsp;<label for='answer-id-486416' id='answer-label-486416' class=' answer label-9'><span class='answer'>Practices<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486417' \/><div class='watu-question-choice'><input type='radio' name='answer-118008[]' id='answer-id-486417' class='answer answer-9  answerof-118008' value='486417' \/>&nbsp;<label for='answer-id-486417' id='answer-label-486417' class=' answer label-9'><span class='answer'>Processes<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486418' \/><div class='watu-question-choice'><input type='radio' name='answer-118008[]' id='answer-id-486418' class='answer answer-9  answerof-118008' value='486418' \/>&nbsp;<label for='answer-id-486418' id='answer-label-486418' class=' answer label-9'><span class='answer'>None of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType9' value='radio' class=''><\/div><div class='watu-question' id='question-10'><div class='question-content'><p><span class='watu_num'>10. <\/span>Which of the following is NOT the element of infrastructure?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118009' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486419' \/><div class='watu-question-choice'><input type='radio' name='answer-118009[]' id='answer-id-486419' class='answer answer-10  answerof-118009' value='486419' \/>&nbsp;<label for='answer-id-486419' id='answer-label-486419' class=' answer label-10'><span class='answer'>Customer leadership management<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486420' \/><div class='watu-question-choice'><input type='radio' name='answer-118009[]' id='answer-id-486420' class='answer answer-10  answerof-118009' value='486420' \/>&nbsp;<label for='answer-id-486420' id='answer-label-486420' class=' answer label-10'><span class='answer'>Quality planning<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486421' \/><div class='watu-question-choice'><input type='radio' name='answer-118009[]' id='answer-id-486421' class='answer answer-10  answerof-118009' value='486421' \/>&nbsp;<label for='answer-id-486421' id='answer-label-486421' class=' answer label-10'><span class='answer'>Leadership and strategic planning<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486422' \/><div class='watu-question-choice'><input type='radio' name='answer-118009[]' id='answer-id-486422' class='answer answer-10  answerof-118009' value='486422' \/>&nbsp;<label for='answer-id-486422' id='answer-label-486422' class=' answer label-10'><span class='answer'>Process management<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType10' value='radio' class=''><\/div><div class='watu-question' id='question-11'><div class='question-content'><p><span class='watu_num'>11. <\/span>What include a wide variety of graphical and statistical methods to plan work activities, collect data, analyze results, monitor progress, and solve problems?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118010' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486423' \/><div class='watu-question-choice'><input type='radio' name='answer-118010[]' id='answer-id-486423' class='answer answer-11  answerof-118010' value='486423' \/>&nbsp;<label for='answer-id-486423' id='answer-label-486423' class=' answer label-11'><span class='answer'>Statistics<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486424' \/><div class='watu-question-choice'><input type='radio' name='answer-118010[]' id='answer-id-486424' class='answer answer-11  answerof-118010' value='486424' \/>&nbsp;<label for='answer-id-486424' id='answer-label-486424' class=' answer label-11'><span class='answer'>Techniques<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486425' \/><div class='watu-question-choice'><input type='radio' name='answer-118010[]' id='answer-id-486425' class='answer answer-11  answerof-118010' value='486425' \/>&nbsp;<label for='answer-id-486425' id='answer-label-486425' class=' answer label-11'><span class='answer'>system<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486426' \/><div class='watu-question-choice'><input type='radio' name='answer-118010[]' id='answer-id-486426' class='answer answer-11  answerof-118010' value='486426' \/>&nbsp;<label for='answer-id-486426' id='answer-label-486426' class=' answer label-11'><span class='answer'>Tools<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType11' value='radio' class=''><\/div><div class='watu-question' id='question-12'><div class='question-content'><p><span class='watu_num'>12. <\/span>An organization that is committed to total quality must apply it at which level?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118011' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486427' \/><div class='watu-question-choice'><input type='radio' name='answer-118011[]' id='answer-id-486427' class='answer answer-12  answerof-118011' value='486427' \/>&nbsp;<label for='answer-id-486427' id='answer-label-486427' class=' answer label-12'><span class='answer'>organizational level<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486428' \/><div class='watu-question-choice'><input type='radio' name='answer-118011[]' id='answer-id-486428' class='answer answer-12  answerof-118011' value='486428' \/>&nbsp;<label for='answer-id-486428' id='answer-label-486428' class=' answer label-12'><span class='answer'>process level<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486429' \/><div class='watu-question-choice'><input type='radio' name='answer-118011[]' id='answer-id-486429' class='answer answer-12  answerof-118011' value='486429' \/>&nbsp;<label for='answer-id-486429' id='answer-label-486429' class=' answer label-12'><span class='answer'>job level<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486430' \/><div class='watu-question-choice'><input type='radio' name='answer-118011[]' id='answer-id-486430' class='answer answer-12  answerof-118011' value='486430' \/>&nbsp;<label for='answer-id-486430' id='answer-label-486430' class=' answer label-12'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType12' value='radio' class=''><\/div><div class='watu-question' id='question-13'><div class='question-content'><p><span class='watu_num'>13. <\/span>A tool for organizing a large number of ideas, opinions and facts relating to a broad problem or subject area is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118012' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486431' \/><div class='watu-question-choice'><input type='radio' name='answer-118012[]' id='answer-id-486431' class='answer answer-13  answerof-118012' value='486431' \/>&nbsp;<label for='answer-id-486431' id='answer-label-486431' class=' answer label-13'><span class='answer'>Interrelationship diagram<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486432' \/><div class='watu-question-choice'><input type='radio' name='answer-118012[]' id='answer-id-486432' class='answer answer-13  answerof-118012' value='486432' \/>&nbsp;<label for='answer-id-486432' id='answer-label-486432' class=' answer label-13'><span class='answer'>Affinity diagram<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486433' \/><div class='watu-question-choice'><input type='radio' name='answer-118012[]' id='answer-id-486433' class='answer answer-13  answerof-118012' value='486433' \/>&nbsp;<label for='answer-id-486433' id='answer-label-486433' class=' answer label-13'><span class='answer'>Kinship diagram<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486434' \/><div class='watu-question-choice'><input type='radio' name='answer-118012[]' id='answer-id-486434' class='answer answer-13  answerof-118012' value='486434' \/>&nbsp;<label for='answer-id-486434' id='answer-label-486434' class=' answer label-13'><span class='answer'>Expansive diagram<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType13' value='radio' class=''><\/div><div class='watu-question' id='question-14'><div class='question-content'><p><span class='watu_num'>14. <\/span>Which of the following is NOT the management and planning tool?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118013' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486435' \/><div class='watu-question-choice'><input type='radio' name='answer-118013[]' id='answer-id-486435' class='answer answer-14  answerof-118013' value='486435' \/>&nbsp;<label for='answer-id-486435' id='answer-label-486435' class=' answer label-14'><span class='answer'>Affinity diagrams<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486436' \/><div class='watu-question-choice'><input type='radio' name='answer-118013[]' id='answer-id-486436' class='answer answer-14  answerof-118013' value='486436' \/>&nbsp;<label for='answer-id-486436' id='answer-label-486436' class=' answer label-14'><span class='answer'>Tree diagrams<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486437' \/><div class='watu-question-choice'><input type='radio' name='answer-118013[]' id='answer-id-486437' class='answer answer-14  answerof-118013' value='486437' \/>&nbsp;<label for='answer-id-486437' id='answer-label-486437' class=' answer label-14'><span class='answer'>Process decision program charts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486438' \/><div class='watu-question-choice'><input type='radio' name='answer-118013[]' id='answer-id-486438' class='answer answer-14  answerof-118013' value='486438' \/>&nbsp;<label for='answer-id-486438' id='answer-label-486438' class=' answer label-14'><span class='answer'>Product manufacturing flow charts<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType14' value='radio' class=''><\/div><div class='watu-question' id='question-15'><div class='question-content'><p><span class='watu_num'>15. <\/span>What are spreadsheets that graphically display relationships between ideas, activities, or other dimensions in such a way as to provide logical connecting points between each item?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118014' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486439' \/><div class='watu-question-choice'><input type='radio' name='answer-118014[]' id='answer-id-486439' class='answer answer-15  answerof-118014' value='486439' \/>&nbsp;<label for='answer-id-486439' id='answer-label-486439' class=' answer label-15'><span class='answer'>Matrix diagrams<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486440' \/><div class='watu-question-choice'><input type='radio' name='answer-118014[]' id='answer-id-486440' class='answer answer-15  answerof-118014' value='486440' \/>&nbsp;<label for='answer-id-486440' id='answer-label-486440' class=' answer label-15'><span class='answer'>Matrix data analyzed charts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486441' \/><div class='watu-question-choice'><input type='radio' name='answer-118014[]' id='answer-id-486441' class='answer answer-15  answerof-118014' value='486441' \/>&nbsp;<label for='answer-id-486441' id='answer-label-486441' class=' answer label-15'><span class='answer'>Arrow diagrams<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486442' \/><div class='watu-question-choice'><input type='radio' name='answer-118014[]' id='answer-id-486442' class='answer answer-15  answerof-118014' value='486442' \/>&nbsp;<label for='answer-id-486442' id='answer-label-486442' class=' answer label-15'><span class='answer'>Process diagrams<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType15' value='radio' class=''><\/div><div class='watu-question' id='question-16'><div class='question-content'><p><span class='watu_num'>16. <\/span>A defect is any mistake or error that is passed on to the customer is known as:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118015' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486443' \/><div class='watu-question-choice'><input type='radio' name='answer-118015[]' id='answer-id-486443' class='answer answer-16  answerof-118015' value='486443' \/>&nbsp;<label for='answer-id-486443' id='answer-label-486443' class=' answer label-16'><span class='answer'>Customer conformance<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486444' \/><div class='watu-question-choice'><input type='radio' name='answer-118015[]' id='answer-id-486444' class='answer answer-16  answerof-118015' value='486444' \/>&nbsp;<label for='answer-id-486444' id='answer-label-486444' class=' answer label-16'><span class='answer'>Consultant<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486445' \/><div class='watu-question-choice'><input type='radio' name='answer-118015[]' id='answer-id-486445' class='answer answer-16  answerof-118015' value='486445' \/>&nbsp;<label for='answer-id-486445' id='answer-label-486445' class=' answer label-16'><span class='answer'>Six-sigma terminology<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486446' \/><div class='watu-question-choice'><input type='radio' name='answer-118015[]' id='answer-id-486446' class='answer answer-16  answerof-118015' value='486446' \/>&nbsp;<label for='answer-id-486446' id='answer-label-486446' class=' answer label-16'><span class='answer'>X-bar terminology<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType16' value='radio' class=''><\/div><div class='watu-question' id='question-17'><div class='question-content'><p><span class='watu_num'>17. <\/span>Which is NOT the tool used in six-sigma efforts?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118016' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486447' \/><div class='watu-question-choice'><input type='radio' name='answer-118016[]' id='answer-id-486447' class='answer answer-17  answerof-118016' value='486447' \/>&nbsp;<label for='answer-id-486447' id='answer-label-486447' class=' answer label-17'><span class='answer'>Elementary statistical tools<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486448' \/><div class='watu-question-choice'><input type='radio' name='answer-118016[]' id='answer-id-486448' class='answer answer-17  answerof-118016' value='486448' \/>&nbsp;<label for='answer-id-486448' id='answer-label-486448' class=' answer label-17'><span class='answer'>Product processing time<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486449' \/><div class='watu-question-choice'><input type='radio' name='answer-118016[]' id='answer-id-486449' class='answer answer-17  answerof-118016' value='486449' \/>&nbsp;<label for='answer-id-486449' id='answer-label-486449' class=' answer label-17'><span class='answer'>Measurement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486450' \/><div class='watu-question-choice'><input type='radio' name='answer-118016[]' id='answer-id-486450' class='answer answer-17  answerof-118016' value='486450' \/>&nbsp;<label for='answer-id-486450' id='answer-label-486450' class=' answer label-17'><span class='answer'>Implementation and teamwork<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType17' value='radio' class=''><\/div><div class='watu-question' id='question-18'><div class='question-content'><p><span class='watu_num'>18. <\/span>A line graph in which data are plotted over time is known as:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118017' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486451' \/><div class='watu-question-choice'><input type='radio' name='answer-118017[]' id='answer-id-486451' class='answer answer-18  answerof-118017' value='486451' \/>&nbsp;<label for='answer-id-486451' id='answer-label-486451' class=' answer label-18'><span class='answer'>run chart<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486452' \/><div class='watu-question-choice'><input type='radio' name='answer-118017[]' id='answer-id-486452' class='answer answer-18  answerof-118017' value='486452' \/>&nbsp;<label for='answer-id-486452' id='answer-label-486452' class=' answer label-18'><span class='answer'>flowchart<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486453' \/><div class='watu-question-choice'><input type='radio' name='answer-118017[]' id='answer-id-486453' class='answer answer-18  answerof-118017' value='486453' \/>&nbsp;<label for='answer-id-486453' id='answer-label-486453' class=' answer label-18'><span class='answer'>streamline chart<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486454' \/><div class='watu-question-choice'><input type='radio' name='answer-118017[]' id='answer-id-486454' class='answer answer-18  answerof-118017' value='486454' \/>&nbsp;<label for='answer-id-486454' id='answer-label-486454' class=' answer label-18'><span class='answer'>horizontal chart<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType18' value='radio' class=''><\/div><div class='watu-question' id='question-19'><div class='question-content'><p><span class='watu_num'>19. <\/span>A special type of data collection forms in which the results may be interpreted on the form directly without additional processing is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118018' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486455' \/><div class='watu-question-choice'><input type='radio' name='answer-118018[]' id='answer-id-486455' class='answer answer-19  answerof-118018' value='486455' \/>&nbsp;<label for='answer-id-486455' id='answer-label-486455' class=' answer label-19'><span class='answer'>Mark sheets<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486456' \/><div class='watu-question-choice'><input type='radio' name='answer-118018[]' id='answer-id-486456' class='answer answer-19  answerof-118018' value='486456' \/>&nbsp;<label for='answer-id-486456' id='answer-label-486456' class=' answer label-19'><span class='answer'>Processing sheets<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486457' \/><div class='watu-question-choice'><input type='radio' name='answer-118018[]' id='answer-id-486457' class='answer answer-19  answerof-118018' value='486457' \/>&nbsp;<label for='answer-id-486457' id='answer-label-486457' class=' answer label-19'><span class='answer'>Check sheets<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486458' \/><div class='watu-question-choice'><input type='radio' name='answer-118018[]' id='answer-id-486458' class='answer answer-19  answerof-118018' value='486458' \/>&nbsp;<label for='answer-id-486458' id='answer-label-486458' class=' answer label-19'><span class='answer'>Restraint sheets<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType19' value='radio' class=''><\/div><div class='watu-question' id='question-20'><div class='question-content'><p><span class='watu_num'>20. <\/span>A basic statistical tool that graphically shows the frequency or number of observations of a particular value or within a specified group is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118019' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486459' \/><div class='watu-question-choice'><input type='radio' name='answer-118019[]' id='answer-id-486459' class='answer answer-20  answerof-118019' value='486459' \/>&nbsp;<label for='answer-id-486459' id='answer-label-486459' class=' answer label-20'><span class='answer'>Histogram<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486460' \/><div class='watu-question-choice'><input type='radio' name='answer-118019[]' id='answer-id-486460' class='answer answer-20  answerof-118019' value='486460' \/>&nbsp;<label for='answer-id-486460' id='answer-label-486460' class=' answer label-20'><span class='answer'>Control chart<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486461' \/><div class='watu-question-choice'><input type='radio' name='answer-118019[]' id='answer-id-486461' class='answer answer-20  answerof-118019' value='486461' \/>&nbsp;<label for='answer-id-486461' id='answer-label-486461' class=' answer label-20'><span class='answer'>Power tool<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486462' \/><div class='watu-question-choice'><input type='radio' name='answer-118019[]' id='answer-id-486462' class='answer answer-20  answerof-118019' value='486462' \/>&nbsp;<label for='answer-id-486462' id='answer-label-486462' class=' answer label-20'><span class='answer'>Sway chart<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType20' value='radio' class=''><\/div><div class='watu-question' id='question-21'><div class='question-content'><p><span class='watu_num'>21. <\/span>What clearly separates the vital few from the trivial many and provides direction for selecting projects for improvement?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118020' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486463' \/><div class='watu-question-choice'><input type='radio' name='answer-118020[]' id='answer-id-486463' class='answer answer-21  answerof-118020' value='486463' \/>&nbsp;<label for='answer-id-486463' id='answer-label-486463' class=' answer label-21'><span class='answer'>Upgrading analysis<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486464' \/><div class='watu-question-choice'><input type='radio' name='answer-118020[]' id='answer-id-486464' class='answer answer-21  answerof-118020' value='486464' \/>&nbsp;<label for='answer-id-486464' id='answer-label-486464' class=' answer label-21'><span class='answer'>Expansion decision<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486465' \/><div class='watu-question-choice'><input type='radio' name='answer-118020[]' id='answer-id-486465' class='answer answer-21  answerof-118020' value='486465' \/>&nbsp;<label for='answer-id-486465' id='answer-label-486465' class=' answer label-21'><span class='answer'>Restitution analysis<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486466' \/><div class='watu-question-choice'><input type='radio' name='answer-118020[]' id='answer-id-486466' class='answer answer-21  answerof-118020' value='486466' \/>&nbsp;<label for='answer-id-486466' id='answer-label-486466' class=' answer label-21'><span class='answer'>Pareto analysis<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType21' value='radio' class=''><\/div><div class='watu-question' id='question-22'><div class='question-content'><p><span class='watu_num'>22. <\/span>A Pareto diagram is a histogram of the data from the smallest frequency to the largest.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118021' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486467' \/><div class='watu-question-choice'><input type='radio' name='answer-118021[]' id='answer-id-486467' class='answer answer-22  answerof-118021' value='486467' \/>&nbsp;<label for='answer-id-486467' id='answer-label-486467' class=' answer label-22'><span class='answer'>True<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486468' \/><div class='watu-question-choice'><input type='radio' name='answer-118021[]' id='answer-id-486468' class='answer answer-22  answerof-118021' value='486468' \/>&nbsp;<label for='answer-id-486468' id='answer-label-486468' class=' answer label-22'><span class='answer'>False<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType22' value='radio' class=''><\/div><div class='watu-question' id='question-23'><div class='question-content'><p><span class='watu_num'>23. <\/span>An approach for mistake-proofing processes using automatic devices or methods to avoid simple human or machine error is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118022' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486469' \/><div class='watu-question-choice'><input type='radio' name='answer-118022[]' id='answer-id-486469' class='answer answer-23  answerof-118022' value='486469' \/>&nbsp;<label for='answer-id-486469' id='answer-label-486469' class=' answer label-23'><span class='answer'>Xeron-savvy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486470' \/><div class='watu-question-choice'><input type='radio' name='answer-118022[]' id='answer-id-486470' class='answer answer-23  answerof-118022' value='486470' \/>&nbsp;<label for='answer-id-486470' id='answer-label-486470' class=' answer label-23'><span class='answer'>Alex-degrade<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486471' \/><div class='watu-question-choice'><input type='radio' name='answer-118022[]' id='answer-id-486471' class='answer answer-23  answerof-118022' value='486471' \/>&nbsp;<label for='answer-id-486471' id='answer-label-486471' class=' answer label-23'><span class='answer'>Poka-yoke<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486472' \/><div class='watu-question-choice'><input type='radio' name='answer-118022[]' id='answer-id-486472' class='answer answer-23  answerof-118022' value='486472' \/>&nbsp;<label for='answer-id-486472' id='answer-label-486472' class=' answer label-23'><span class='answer'>Zulex-crew<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType23' value='radio' class=''><\/div><div class='watu-question' id='question-24'><div class='question-content'><p><span class='watu_num'>24. <\/span>Which of the following s NOT the category of quality costs?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118023' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486473' \/><div class='watu-question-choice'><input type='radio' name='answer-118023[]' id='answer-id-486473' class='answer answer-24  answerof-118023' value='486473' \/>&nbsp;<label for='answer-id-486473' id='answer-label-486473' class=' answer label-24'><span class='answer'>Training cost<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486474' \/><div class='watu-question-choice'><input type='radio' name='answer-118023[]' id='answer-id-486474' class='answer answer-24  answerof-118023' value='486474' \/>&nbsp;<label for='answer-id-486474' id='answer-label-486474' class=' answer label-24'><span class='answer'>Prevention cost<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486475' \/><div class='watu-question-choice'><input type='radio' name='answer-118023[]' id='answer-id-486475' class='answer answer-24  answerof-118023' value='486475' \/>&nbsp;<label for='answer-id-486475' id='answer-label-486475' class=' answer label-24'><span class='answer'>Internal cost<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486476' \/><div class='watu-question-choice'><input type='radio' name='answer-118023[]' id='answer-id-486476' class='answer answer-24  answerof-118023' value='486476' \/>&nbsp;<label for='answer-id-486476' id='answer-label-486476' class=' answer label-24'><span class='answer'>Appraisal cost<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType24' value='radio' class=''><\/div><div class='watu-question' id='question-25'><div class='question-content'><p><span class='watu_num'>25. <\/span>Costs that are associated with efforts to ensure conformance to requirements, generally through measurement and analysis of data to detect non-conformances are called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118024' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486477' \/><div class='watu-question-choice'><input type='radio' name='answer-118024[]' id='answer-id-486477' class='answer answer-25  answerof-118024' value='486477' \/>&nbsp;<label for='answer-id-486477' id='answer-label-486477' class=' answer label-25'><span class='answer'>Appraisal costs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486478' \/><div class='watu-question-choice'><input type='radio' name='answer-118024[]' id='answer-id-486478' class='answer answer-25  answerof-118024' value='486478' \/>&nbsp;<label for='answer-id-486478' id='answer-label-486478' class=' answer label-25'><span class='answer'>Prevention cost<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486479' \/><div class='watu-question-choice'><input type='radio' name='answer-118024[]' id='answer-id-486479' class='answer answer-25  answerof-118024' value='486479' \/>&nbsp;<label for='answer-id-486479' id='answer-label-486479' class=' answer label-25'><span class='answer'>Internal cost<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486480' \/><div class='watu-question-choice'><input type='radio' name='answer-118024[]' id='answer-id-486480' class='answer answer-25  answerof-118024' value='486480' \/>&nbsp;<label for='answer-id-486480' id='answer-label-486480' class=' answer label-25'><span class='answer'>Training cost<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType25' value='radio' class=''><\/div><div class='watu-question' id='question-26'><div class='question-content'><p><span class='watu_num'>26. <\/span>Which of the following is NOT the category of internal failure costs?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118025' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486481' \/><div class='watu-question-choice'><input type='radio' name='answer-118025[]' id='answer-id-486481' class='answer answer-26  answerof-118025' value='486481' \/>&nbsp;<label for='answer-id-486481' id='answer-label-486481' class=' answer label-26'><span class='answer'>Scrap and rework costs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486482' \/><div class='watu-question-choice'><input type='radio' name='answer-118025[]' id='answer-id-486482' class='answer answer-26  answerof-118025' value='486482' \/>&nbsp;<label for='answer-id-486482' id='answer-label-486482' class=' answer label-26'><span class='answer'>Costs of corrective action<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486483' \/><div class='watu-question-choice'><input type='radio' name='answer-118025[]' id='answer-id-486483' class='answer answer-26  answerof-118025' value='486483' \/>&nbsp;<label for='answer-id-486483' id='answer-label-486483' class=' answer label-26'><span class='answer'>Downgrading costs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486484' \/><div class='watu-question-choice'><input type='radio' name='answer-118025[]' id='answer-id-486484' class='answer answer-26  answerof-118025' value='486484' \/>&nbsp;<label for='answer-id-486484' id='answer-label-486484' class=' answer label-26'><span class='answer'>Tests and Inspections costs<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType26' value='radio' class=''><\/div><div class='watu-question' id='question-27'><div class='question-content'><p><span class='watu_num'>27. <\/span>Measuring expected revenue gains against expected costs associated with quality efforts is known as:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118026' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486485' \/><div class='watu-question-choice'><input type='radio' name='answer-118026[]' id='answer-id-486485' class='answer answer-27  answerof-118026' value='486485' \/>&nbsp;<label for='answer-id-486485' id='answer-label-486485' class=' answer label-27'><span class='answer'>effective quality gains<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486486' \/><div class='watu-question-choice'><input type='radio' name='answer-118026[]' id='answer-id-486486' class='answer answer-27  answerof-118026' value='486486' \/>&nbsp;<label for='answer-id-486486' id='answer-label-486486' class=' answer label-27'><span class='answer'>return on quality<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486487' \/><div class='watu-question-choice'><input type='radio' name='answer-118026[]' id='answer-id-486487' class='answer answer-27  answerof-118026' value='486487' \/>&nbsp;<label for='answer-id-486487' id='answer-label-486487' class=' answer label-27'><span class='answer'>quality index<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486488' \/><div class='watu-question-choice'><input type='radio' name='answer-118026[]' id='answer-id-486488' class='answer answer-27  answerof-118026' value='486488' \/>&nbsp;<label for='answer-id-486488' id='answer-label-486488' class=' answer label-27'><span class='answer'>None of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType27' value='radio' class=''><\/div><div class='watu-question' id='question-28'><div class='question-content'><p><span class='watu_num'>28. <\/span>The formula to calculate the return on quality is:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118027' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486489' \/><div class='watu-question-choice'><input type='radio' name='answer-118027[]' id='answer-id-486489' class='answer answer-28  answerof-118027' value='486489' \/>&nbsp;<label for='answer-id-486489' id='answer-label-486489' class=' answer label-28'><span class='answer'>ROQ = (NPV of benefits \/ NPV of costs) C 1.00 * 365<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486490' \/><div class='watu-question-choice'><input type='radio' name='answer-118027[]' id='answer-id-486490' class='answer answer-28  answerof-118027' value='486490' \/>&nbsp;<label for='answer-id-486490' id='answer-label-486490' class=' answer label-28'><span class='answer'>ROQ = (NPV of benefits \/ NPV of costs) C 0.05<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486491' \/><div class='watu-question-choice'><input type='radio' name='answer-118027[]' id='answer-id-486491' class='answer answer-28  answerof-118027' value='486491' \/>&nbsp;<label for='answer-id-486491' id='answer-label-486491' class=' answer label-28'><span class='answer'>ROQ = (NPV of benefits \/ NPV of costs) C 1.00<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486492' \/><div class='watu-question-choice'><input type='radio' name='answer-118027[]' id='answer-id-486492' class='answer answer-28  answerof-118027' value='486492' \/>&nbsp;<label for='answer-id-486492' id='answer-label-486492' class=' answer label-28'><span class='answer'>ROQ = (NPV of benefits \/ NPV of costs) C 0.05 * 365 NPV = net present value<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType28' value='radio' class=''><\/div><div class='watu-question' id='question-29'><div class='question-content'><p><span class='watu_num'>29. <\/span>According to Juran\u2019s prescriptions, quality trilogy consists of:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118028' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486493' \/><div class='watu-question-choice'><input type='radio' name='answer-118028[]' id='answer-id-486493' class='answer answer-29  answerof-118028' value='486493' \/>&nbsp;<label for='answer-id-486493' id='answer-label-486493' class=' answer label-29'><span class='answer'>Quality planning, quality disbursement, quality improvement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486494' \/><div class='watu-question-choice'><input type='radio' name='answer-118028[]' id='answer-id-486494' class='answer answer-29  answerof-118028' value='486494' \/>&nbsp;<label for='answer-id-486494' id='answer-label-486494' class=' answer label-29'><span class='answer'>Quality planning, quality control, quality improvement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486495' \/><div class='watu-question-choice'><input type='radio' name='answer-118028[]' id='answer-id-486495' class='answer answer-29  answerof-118028' value='486495' \/>&nbsp;<label for='answer-id-486495' id='answer-label-486495' class=' answer label-29'><span class='answer'>Quality planning, quality restrain, quality expansion<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486496' \/><div class='watu-question-choice'><input type='radio' name='answer-118028[]' id='answer-id-486496' class='answer answer-29  answerof-118028' value='486496' \/>&nbsp;<label for='answer-id-486496' id='answer-label-486496' class=' answer label-29'><span class='answer'>Quality planning, quality control, quality feedback<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType29' value='radio' class=''><\/div><div class='watu-question' id='question-30'><div class='question-content'><p><span class='watu_num'>30. <\/span>In which quality model, whole philosophy is summarized in three steps to quality, which include quality leadership, modern quality technology, and organizational commitments to continuous training and motivation of the entire workforce?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118029' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486497' \/><div class='watu-question-choice'><input type='radio' name='answer-118029[]' id='answer-id-486497' class='answer answer-30  answerof-118029' value='486497' \/>&nbsp;<label for='answer-id-486497' id='answer-label-486497' class=' answer label-30'><span class='answer'>Ishikawa Model<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486498' \/><div class='watu-question-choice'><input type='radio' name='answer-118029[]' id='answer-id-486498' class='answer answer-30  answerof-118029' value='486498' \/>&nbsp;<label for='answer-id-486498' id='answer-label-486498' class=' answer label-30'><span class='answer'>Crosbyy Model<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486499' \/><div class='watu-question-choice'><input type='radio' name='answer-118029[]' id='answer-id-486499' class='answer answer-30  answerof-118029' value='486499' \/>&nbsp;<label for='answer-id-486499' id='answer-label-486499' class=' answer label-30'><span class='answer'>Taguchiy Model<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486500' \/><div class='watu-question-choice'><input type='radio' name='answer-118029[]' id='answer-id-486500' class='answer answer-30  answerof-118029' value='486500' \/>&nbsp;<label for='answer-id-486500' id='answer-label-486500' class=' answer label-30'><span class='answer'>Feigenbaum Quality Model<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType30' value='radio' class=''><\/div><div class='watu-question' id='question-31'><div class='question-content'><p><span class='watu_num'>31. <\/span>Shiba quality model focus on which level of quality?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118030' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486501' \/><div class='watu-question-choice'><input type='radio' name='answer-118030[]' id='answer-id-486501' class='answer answer-31  answerof-118030' value='486501' \/>&nbsp;<label for='answer-id-486501' id='answer-label-486501' class=' answer label-31'><span class='answer'>Fitness to standard<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486502' \/><div class='watu-question-choice'><input type='radio' name='answer-118030[]' id='answer-id-486502' class='answer answer-31  answerof-118030' value='486502' \/>&nbsp;<label for='answer-id-486502' id='answer-label-486502' class=' answer label-31'><span class='answer'>Fitness to needs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486503' \/><div class='watu-question-choice'><input type='radio' name='answer-118030[]' id='answer-id-486503' class='answer answer-31  answerof-118030' value='486503' \/>&nbsp;<label for='answer-id-486503' id='answer-label-486503' class=' answer label-31'><span class='answer'>Fitness of costs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486504' \/><div class='watu-question-choice'><input type='radio' name='answer-118030[]' id='answer-id-486504' class='answer answer-31  answerof-118030' value='486504' \/>&nbsp;<label for='answer-id-486504' id='answer-label-486504' class=' answer label-31'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType31' value='radio' class=''><\/div><div class='watu-question' id='question-32'><div class='question-content'><p><span class='watu_num'>32. <\/span>The Australian Business Awards are administered by the Australian Quality Awards Foundation with which level?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118031' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486505' \/><div class='watu-question-choice'><input type='radio' name='answer-118031[]' id='answer-id-486505' class='answer answer-32  answerof-118031' value='486505' \/>&nbsp;<label for='answer-id-486505' id='answer-label-486505' class=' answer label-32'><span class='answer'>Business Improvement level<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486506' \/><div class='watu-question-choice'><input type='radio' name='answer-118031[]' id='answer-id-486506' class='answer answer-32  answerof-118031' value='486506' \/>&nbsp;<label for='answer-id-486506' id='answer-label-486506' class=' answer label-32'><span class='answer'>Award Gold level<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486507' \/><div class='watu-question-choice'><input type='radio' name='answer-118031[]' id='answer-id-486507' class='answer answer-32  answerof-118031' value='486507' \/>&nbsp;<label for='answer-id-486507' id='answer-label-486507' class=' answer label-32'><span class='answer'>Australian Business Excellent prize<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486508' \/><div class='watu-question-choice'><input type='radio' name='answer-118031[]' id='answer-id-486508' class='answer answer-32  answerof-118031' value='486508' \/>&nbsp;<label for='answer-id-486508' id='answer-label-486508' class=' answer label-32'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType32' value='radio' class=''><\/div><div class='watu-question' id='question-33'><div class='question-content'><p><span class='watu_num'>33. <\/span>Leading companies identify important business processes throughout the supply chain that affect customer satisfaction, these fall into which of the following category?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118032' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486509' \/><div class='watu-question-choice'><input type='radio' name='answer-118032[]' id='answer-id-486509' class='answer answer-33  answerof-118032' value='486509' \/>&nbsp;<label for='answer-id-486509' id='answer-label-486509' class=' answer label-33'><span class='answer'>Product design processes<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486510' \/><div class='watu-question-choice'><input type='radio' name='answer-118032[]' id='answer-id-486510' class='answer answer-33  answerof-118032' value='486510' \/>&nbsp;<label for='answer-id-486510' id='answer-label-486510' class=' answer label-33'><span class='answer'>Support processes<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486511' \/><div class='watu-question-choice'><input type='radio' name='answer-118032[]' id='answer-id-486511' class='answer answer-33  answerof-118032' value='486511' \/>&nbsp;<label for='answer-id-486511' id='answer-label-486511' class=' answer label-33'><span class='answer'>Supplier and partnering processes<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486512' \/><div class='watu-question-choice'><input type='radio' name='answer-118032[]' id='answer-id-486512' class='answer answer-33  answerof-118032' value='486512' \/>&nbsp;<label for='answer-id-486512' id='answer-label-486512' class=' answer label-33'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType33' value='radio' class=''><\/div><div class='watu-question' id='question-34'><div class='question-content'><p><span class='watu_num'>34. <\/span>According to _______________, quality is innate excellence and can be recognized only through experience.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118033' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486513' \/><div class='watu-question-choice'><input type='radio' name='answer-118033[]' id='answer-id-486513' class='answer answer-34  answerof-118033' value='486513' \/>&nbsp;<label for='answer-id-486513' id='answer-label-486513' class=' answer label-34'><span class='answer'>Awe-inspiring view<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486514' \/><div class='watu-question-choice'><input type='radio' name='answer-118033[]' id='answer-id-486514' class='answer answer-34  answerof-118033' value='486514' \/>&nbsp;<label for='answer-id-486514' id='answer-label-486514' class=' answer label-34'><span class='answer'>Transcendent view<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486515' \/><div class='watu-question-choice'><input type='radio' name='answer-118033[]' id='answer-id-486515' class='answer answer-34  answerof-118033' value='486515' \/>&nbsp;<label for='answer-id-486515' id='answer-label-486515' class=' answer label-34'><span class='answer'>Magnificent view<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486516' \/><div class='watu-question-choice'><input type='radio' name='answer-118033[]' id='answer-id-486516' class='answer answer-34  answerof-118033' value='486516' \/>&nbsp;<label for='answer-id-486516' id='answer-label-486516' class=' answer label-34'><span class='answer'>Uplifting view<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType34' value='radio' class=''><\/div><div class='watu-question' id='question-35'><div class='question-content'><p><span class='watu_num'>35. <\/span>Measuring your performance against that of best-in-class companies, determining how the best-in-class achieve those performance levels, and using the information as a basis for your own company\u2019s targets, strategies and implementation is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118034' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486517' \/><div class='watu-question-choice'><input type='radio' name='answer-118034[]' id='answer-id-486517' class='answer answer-35  answerof-118034' value='486517' \/>&nbsp;<label for='answer-id-486517' id='answer-label-486517' class=' answer label-35'><span class='answer'>Benchmarking<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486518' \/><div class='watu-question-choice'><input type='radio' name='answer-118034[]' id='answer-id-486518' class='answer answer-35  answerof-118034' value='486518' \/>&nbsp;<label for='answer-id-486518' id='answer-label-486518' class=' answer label-35'><span class='answer'>Flowcharting<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486519' \/><div class='watu-question-choice'><input type='radio' name='answer-118034[]' id='answer-id-486519' class='answer answer-35  answerof-118034' value='486519' \/>&nbsp;<label for='answer-id-486519' id='answer-label-486519' class=' answer label-35'><span class='answer'>Reengineering<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486520' \/><div class='watu-question-choice'><input type='radio' name='answer-118034[]' id='answer-id-486520' class='answer answer-35  answerof-118034' value='486520' \/>&nbsp;<label for='answer-id-486520' id='answer-label-486520' class=' answer label-35'><span class='answer'>Redesign<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType35' value='radio' class=''><\/div><div class='watu-question' id='question-36'><div class='question-content'><p><span class='watu_num'>36. <\/span>What takes the opportunities and turns them into actions which, in turn, become values?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118035' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486521' \/><div class='watu-question-choice'><input type='radio' name='answer-118035[]' id='answer-id-486521' class='answer answer-36  answerof-118035' value='486521' \/>&nbsp;<label for='answer-id-486521' id='answer-label-486521' class=' answer label-36'><span class='answer'>Evaluation<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486522' \/><div class='watu-question-choice'><input type='radio' name='answer-118035[]' id='answer-id-486522' class='answer answer-36  answerof-118035' value='486522' \/>&nbsp;<label for='answer-id-486522' id='answer-label-486522' class=' answer label-36'><span class='answer'>Execution<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486523' \/><div class='watu-question-choice'><input type='radio' name='answer-118035[]' id='answer-id-486523' class='answer answer-36  answerof-118035' value='486523' \/>&nbsp;<label for='answer-id-486523' id='answer-label-486523' class=' answer label-36'><span class='answer'>Continuous process improvement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486524' \/><div class='watu-question-choice'><input type='radio' name='answer-118035[]' id='answer-id-486524' class='answer answer-36  answerof-118035' value='486524' \/>&nbsp;<label for='answer-id-486524' id='answer-label-486524' class=' answer label-36'><span class='answer'>Work structure<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType36' value='radio' class=''><\/div><div class='watu-question' id='question-37'><div class='question-content'><p><span class='watu_num'>37. <\/span>What translate into maximizing the value of the firm as measured by the price of the firm\u2019s common stock?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118036' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486525' \/><div class='watu-question-choice'><input type='radio' name='answer-118036[]' id='answer-id-486525' class='answer answer-37  answerof-118036' value='486525' \/>&nbsp;<label for='answer-id-486525' id='answer-label-486525' class=' answer label-37'><span class='answer'>Stockholder wealth maximization<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486526' \/><div class='watu-question-choice'><input type='radio' name='answer-118036[]' id='answer-id-486526' class='answer answer-37  answerof-118036' value='486526' \/>&nbsp;<label for='answer-id-486526' id='answer-label-486526' class=' answer label-37'><span class='answer'>maximize goal achievement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486527' \/><div class='watu-question-choice'><input type='radio' name='answer-118036[]' id='answer-id-486527' class='answer answer-37  answerof-118036' value='486527' \/>&nbsp;<label for='answer-id-486527' id='answer-label-486527' class=' answer label-37'><span class='answer'>Stock price maximization<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486528' \/><div class='watu-question-choice'><input type='radio' name='answer-118036[]' id='answer-id-486528' class='answer answer-37  answerof-118036' value='486528' \/>&nbsp;<label for='answer-id-486528' id='answer-label-486528' class=' answer label-37'><span class='answer'>Maximize profit investments<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType37' value='radio' class=''><\/div><div class='watu-question' id='question-38'><div class='question-content'><p><span class='watu_num'>38. <\/span>How much of the current earnings to pay out as dividends rather than to retain and reinvest this is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118037' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486529' \/><div class='watu-question-choice'><input type='radio' name='answer-118037[]' id='answer-id-486529' class='answer answer-38  answerof-118037' value='486529' \/>&nbsp;<label for='answer-id-486529' id='answer-label-486529' class=' answer label-38'><span class='answer'>Debt usage<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486530' \/><div class='watu-question-choice'><input type='radio' name='answer-118037[]' id='answer-id-486530' class='answer answer-38  answerof-118037' value='486530' \/>&nbsp;<label for='answer-id-486530' id='answer-label-486530' class=' answer label-38'><span class='answer'>Earnings debt streams<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486531' \/><div class='watu-question-choice'><input type='radio' name='answer-118037[]' id='answer-id-486531' class='answer answer-38  answerof-118037' value='486531' \/>&nbsp;<label for='answer-id-486531' id='answer-label-486531' class=' answer label-38'><span class='answer'>Dividend policy decision<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486532' \/><div class='watu-question-choice'><input type='radio' name='answer-118037[]' id='answer-id-486532' class='answer answer-38  answerof-118037' value='486532' \/>&nbsp;<label for='answer-id-486532' id='answer-label-486532' class=' answer label-38'><span class='answer'>Honeywell dividend policy<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType38' value='radio' class=''><\/div><div class='watu-question' id='question-39'><div class='question-content'><p><span class='watu_num'>39. <\/span>The firm\u2019s stock price is dependent on which of the following factors?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118038' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486533' \/><div class='watu-question-choice'><input type='radio' name='answer-118038[]' id='answer-id-486533' class='answer answer-39  answerof-118038' value='486533' \/>&nbsp;<label for='answer-id-486533' id='answer-label-486533' class=' answer label-39'><span class='answer'>Projected earnings per share<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486534' \/><div class='watu-question-choice'><input type='radio' name='answer-118038[]' id='answer-id-486534' class='answer answer-39  answerof-118038' value='486534' \/>&nbsp;<label for='answer-id-486534' id='answer-label-486534' class=' answer label-39'><span class='answer'>Riskiness of the projected earnings<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486535' \/><div class='watu-question-choice'><input type='radio' name='answer-118038[]' id='answer-id-486535' class='answer answer-39  answerof-118038' value='486535' \/>&nbsp;<label for='answer-id-486535' id='answer-label-486535' class=' answer label-39'><span class='answer'>Dividend Policy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486536' \/><div class='watu-question-choice'><input type='radio' name='answer-118038[]' id='answer-id-486536' class='answer answer-39  answerof-118038' value='486536' \/>&nbsp;<label for='answer-id-486536' id='answer-label-486536' class=' answer label-39'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType39' value='radio' class=''><\/div><div class='watu-question' id='question-40'><div class='question-content'><p><span class='watu_num'>40. <\/span>When one or more people hire another person to perform a service and then delegate decision-making authority to that agent, then they are said to be in:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118039' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486537' \/><div class='watu-question-choice'><input type='radio' name='answer-118039[]' id='answer-id-486537' class='answer answer-40  answerof-118039' value='486537' \/>&nbsp;<label for='answer-id-486537' id='answer-label-486537' class=' answer label-40'><span class='answer'>Charity relationship<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486538' \/><div class='watu-question-choice'><input type='radio' name='answer-118039[]' id='answer-id-486538' class='answer answer-40  answerof-118039' value='486538' \/>&nbsp;<label for='answer-id-486538' id='answer-label-486538' class=' answer label-40'><span class='answer'>Agency relationship<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486539' \/><div class='watu-question-choice'><input type='radio' name='answer-118039[]' id='answer-id-486539' class='answer answer-40  answerof-118039' value='486539' \/>&nbsp;<label for='answer-id-486539' id='answer-label-486539' class=' answer label-40'><span class='answer'>Group relationship<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486540' \/><div class='watu-question-choice'><input type='radio' name='answer-118039[]' id='answer-id-486540' class='answer answer-40  answerof-118039' value='486540' \/>&nbsp;<label for='answer-id-486540' id='answer-label-486540' class=' answer label-40'><span class='answer'>Intervention relationship<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType40' value='radio' class=''><\/div><div class='watu-question' id='question-41'><div class='question-content'><p><span class='watu_num'>41. <\/span>Which mechanism is used to motivate managers to act in the shareholder\u2019s best interest?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118040' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486541' \/><div class='watu-question-choice'><input type='radio' name='answer-118040[]' id='answer-id-486541' class='answer answer-41  answerof-118040' value='486541' \/>&nbsp;<label for='answer-id-486541' id='answer-label-486541' class=' answer label-41'><span class='answer'>threat of firing<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486542' \/><div class='watu-question-choice'><input type='radio' name='answer-118040[]' id='answer-id-486542' class='answer answer-41  answerof-118040' value='486542' \/>&nbsp;<label for='answer-id-486542' id='answer-label-486542' class=' answer label-41'><span class='answer'>threat of takeover<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486543' \/><div class='watu-question-choice'><input type='radio' name='answer-118040[]' id='answer-id-486543' class='answer answer-41  answerof-118040' value='486543' \/>&nbsp;<label for='answer-id-486543' id='answer-label-486543' class=' answer label-41'><span class='answer'>managerial compensation plans<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486544' \/><div class='watu-question-choice'><input type='radio' name='answer-118040[]' id='answer-id-486544' class='answer answer-41  answerof-118040' value='486544' \/>&nbsp;<label for='answer-id-486544' id='answer-label-486544' class=' answer label-41'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType41' value='radio' class=''><\/div><div class='watu-question' id='question-42'><div class='question-content'><p><span class='watu_num'>42. <\/span>In ________________, managers of the acquired firm generally are fired, and who are able to stay on lose the power they had prior top the acquisition.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118041' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486545' \/><div class='watu-question-choice'><input type='radio' name='answer-118041[]' id='answer-id-486545' class='answer answer-42  answerof-118041' value='486545' \/>&nbsp;<label for='answer-id-486545' id='answer-label-486545' class=' answer label-42'><span class='answer'>Prison pill<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486546' \/><div class='watu-question-choice'><input type='radio' name='answer-118041[]' id='answer-id-486546' class='answer answer-42  answerof-118041' value='486546' \/>&nbsp;<label for='answer-id-486546' id='answer-label-486546' class=' answer label-42'><span class='answer'>Hostile takeover<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486547' \/><div class='watu-question-choice'><input type='radio' name='answer-118041[]' id='answer-id-486547' class='answer answer-42  answerof-118041' value='486547' \/>&nbsp;<label for='answer-id-486547' id='answer-label-486547' class=' answer label-42'><span class='answer'>Adverse takeover<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486548' \/><div class='watu-question-choice'><input type='radio' name='answer-118041[]' id='answer-id-486548' class='answer answer-42  answerof-118041' value='486548' \/>&nbsp;<label for='answer-id-486548' id='answer-label-486548' class=' answer label-42'><span class='answer'>Antagonistic prison<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType42' value='radio' class=''><\/div><div class='watu-question' id='question-43'><div class='question-content'><p><span class='watu_num'>43. <\/span>Greenmail, which is like blackmail, occurs when:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118042' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486549' \/><div class='watu-question-choice'><input type='radio' name='answer-118042[]' id='answer-id-486549' class='answer answer-43  answerof-118042' value='486549' \/>&nbsp;<label for='answer-id-486549' id='answer-label-486549' class=' answer label-43'><span class='answer'>potential acquirer buys a block of stock in a company<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486550' \/><div class='watu-question-choice'><input type='radio' name='answer-118042[]' id='answer-id-486550' class='answer answer-43  answerof-118042' value='486550' \/>&nbsp;<label for='answer-id-486550' id='answer-label-486550' class=' answer label-43'><span class='answer'>the target company\u2019s management becomes frightened that the acquirer will make a tender offer and gain control of the company<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486551' \/><div class='watu-question-choice'><input type='radio' name='answer-118042[]' id='answer-id-486551' class='answer answer-43  answerof-118042' value='486551' \/>&nbsp;<label for='answer-id-486551' id='answer-label-486551' class=' answer label-43'><span class='answer'>head off a possible takeover, management offer to pay greenmail, buying the stock owned by the potential raider at a price above the existing market price<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486552' \/><div class='watu-question-choice'><input type='radio' name='answer-118042[]' id='answer-id-486552' class='answer answer-43  answerof-118042' value='486552' \/>&nbsp;<label for='answer-id-486552' id='answer-label-486552' class=' answer label-43'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType43' value='radio' class=''><\/div><div class='watu-question' id='question-44'><div class='question-content'><p><span class='watu_num'>44. <\/span>Creditors lend funds to the firm at rates that are based on:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118043' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486553' \/><div class='watu-question-choice'><input type='radio' name='answer-118043[]' id='answer-id-486553' class='answer answer-44  answerof-118043' value='486553' \/>&nbsp;<label for='answer-id-486553' id='answer-label-486553' class=' answer label-44'><span class='answer'>riskiness of the firm\u2019s existing assets<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486554' \/><div class='watu-question-choice'><input type='radio' name='answer-118043[]' id='answer-id-486554' class='answer answer-44  answerof-118043' value='486554' \/>&nbsp;<label for='answer-id-486554' id='answer-label-486554' class=' answer label-44'><span class='answer'>expectations concerning the riskiness of future asset additions<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486555' \/><div class='watu-question-choice'><input type='radio' name='answer-118043[]' id='answer-id-486555' class='answer answer-44  answerof-118043' value='486555' \/>&nbsp;<label for='answer-id-486555' id='answer-label-486555' class=' answer label-44'><span class='answer'>firm\u2019s existing capital structure<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486556' \/><div class='watu-question-choice'><input type='radio' name='answer-118043[]' id='answer-id-486556' class='answer answer-44  answerof-118043' value='486556' \/>&nbsp;<label for='answer-id-486556' id='answer-label-486556' class=' answer label-44'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType44' value='radio' class=''><\/div><div class='watu-question' id='question-45'><div class='question-content'><p><span class='watu_num'>45. <\/span>Financial management decisions can be divided into the management of assets and liabilities in:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118044' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486557' \/><div class='watu-question-choice'><input type='radio' name='answer-118044[]' id='answer-id-486557' class='answer answer-45  answerof-118044' value='486557' \/>&nbsp;<label for='answer-id-486557' id='answer-label-486557' class=' answer label-45'><span class='answer'>long term<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486558' \/><div class='watu-question-choice'><input type='radio' name='answer-118044[]' id='answer-id-486558' class='answer answer-45  answerof-118044' value='486558' \/>&nbsp;<label for='answer-id-486558' id='answer-label-486558' class=' answer label-45'><span class='answer'>short term<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486559' \/><div class='watu-question-choice'><input type='radio' name='answer-118044[]' id='answer-id-486559' class='answer answer-45  answerof-118044' value='486559' \/>&nbsp;<label for='answer-id-486559' id='answer-label-486559' class=' answer label-45'><span class='answer'>Both A and B<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486560' \/><div class='watu-question-choice'><input type='radio' name='answer-118044[]' id='answer-id-486560' class='answer answer-45  answerof-118044' value='486560' \/>&nbsp;<label for='answer-id-486560' id='answer-label-486560' class=' answer label-45'><span class='answer'>Neither A nor B<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType45' value='radio' class=''><\/div><div class='watu-question' id='question-46'><div class='question-content'><p><span class='watu_num'>46. <\/span>Target levels for each category of current assets and how current assets will be financed are the firm\u2019s basic policies for:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118045' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486561' \/><div class='watu-question-choice'><input type='radio' name='answer-118045[]' id='answer-id-486561' class='answer answer-46  answerof-118045' value='486561' \/>&nbsp;<label for='answer-id-486561' id='answer-label-486561' class=' answer label-46'><span class='answer'>Net working capital<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486562' \/><div class='watu-question-choice'><input type='radio' name='answer-118045[]' id='answer-id-486562' class='answer answer-46  answerof-118045' value='486562' \/>&nbsp;<label for='answer-id-486562' id='answer-label-486562' class=' answer label-46'><span class='answer'>Working capital policy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486563' \/><div class='watu-question-choice'><input type='radio' name='answer-118045[]' id='answer-id-486563' class='answer answer-46  answerof-118045' value='486563' \/>&nbsp;<label for='answer-id-486563' id='answer-label-486563' class=' answer label-46'><span class='answer'>Strategic policy decisions<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486564' \/><div class='watu-question-choice'><input type='radio' name='answer-118045[]' id='answer-id-486564' class='answer answer-46  answerof-118045' value='486564' \/>&nbsp;<label for='answer-id-486564' id='answer-label-486564' class=' answer label-46'><span class='answer'>Working capital management<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType46' value='radio' class=''><\/div><div class='watu-question' id='question-47'><div class='question-content'><p><span class='watu_num'>47. <\/span>Working capital management involves management of the current assets and the current liabilities of a firm.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118046' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486565' \/><div class='watu-question-choice'><input type='radio' name='answer-118046[]' id='answer-id-486565' class='answer answer-47  answerof-118046' value='486565' \/>&nbsp;<label for='answer-id-486565' id='answer-label-486565' class=' answer label-47'><span class='answer'>True<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486566' \/><div class='watu-question-choice'><input type='radio' name='answer-118046[]' id='answer-id-486566' class='answer answer-47  answerof-118046' value='486566' \/>&nbsp;<label for='answer-id-486566' id='answer-label-486566' class=' answer label-47'><span class='answer'>False<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType47' value='radio' class=''><\/div><div class='watu-question' id='question-48'><div class='question-content'><p><span class='watu_num'>48. <\/span>The average length of time required converting materials into finished goods and then to sell those goods is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118047' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486567' \/><div class='watu-question-choice'><input type='radio' name='answer-118047[]' id='answer-id-486567' class='answer answer-48  answerof-118047' value='486567' \/>&nbsp;<label for='answer-id-486567' id='answer-label-486567' class=' answer label-48'><span class='answer'>Inventory conversion period<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486568' \/><div class='watu-question-choice'><input type='radio' name='answer-118047[]' id='answer-id-486568' class='answer answer-48  answerof-118047' value='486568' \/>&nbsp;<label for='answer-id-486568' id='answer-label-486568' class=' answer label-48'><span class='answer'>Cash conversion cycle<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486569' \/><div class='watu-question-choice'><input type='radio' name='answer-118047[]' id='answer-id-486569' class='answer answer-48  answerof-118047' value='486569' \/>&nbsp;<label for='answer-id-486569' id='answer-label-486569' class=' answer label-48'><span class='answer'>receivables collection period<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486570' \/><div class='watu-question-choice'><input type='radio' name='answer-118047[]' id='answer-id-486570' class='answer answer-48  answerof-118047' value='486570' \/>&nbsp;<label for='answer-id-486570' id='answer-label-486570' class=' answer label-48'><span class='answer'>selling goods duration<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType48' value='radio' class=''><\/div><div class='watu-question' id='question-49'><div class='question-content'><p><span class='watu_num'>49. <\/span>The average length of time between the purchase of raw materials and labor and the payment of cash for them is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118048' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486571' \/><div class='watu-question-choice'><input type='radio' name='answer-118048[]' id='answer-id-486571' class='answer answer-49  answerof-118048' value='486571' \/>&nbsp;<label for='answer-id-486571' id='answer-label-486571' class=' answer label-49'><span class='answer'>Accounts payable period<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486572' \/><div class='watu-question-choice'><input type='radio' name='answer-118048[]' id='answer-id-486572' class='answer answer-49  answerof-118048' value='486572' \/>&nbsp;<label for='answer-id-486572' id='answer-label-486572' class=' answer label-49'><span class='answer'>Capital investment cycle<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486573' \/><div class='watu-question-choice'><input type='radio' name='answer-118048[]' id='answer-id-486573' class='answer answer-49  answerof-118048' value='486573' \/>&nbsp;<label for='answer-id-486573' id='answer-label-486573' class=' answer label-49'><span class='answer'>Payable deferral period<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486574' \/><div class='watu-question-choice'><input type='radio' name='answer-118048[]' id='answer-id-486574' class='answer answer-49  answerof-118048' value='486574' \/>&nbsp;<label for='answer-id-486574' id='answer-label-486574' class=' answer label-49'><span class='answer'>Purchase goods duration<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType49' value='radio' class=''><\/div><div class='watu-question' id='question-50'><div class='question-content'><p><span class='watu_num'>50. <\/span>The formula to calculate the Cash conversion cycle is:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118049' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486575' \/><div class='watu-question-choice'><input type='radio' name='answer-118049[]' id='answer-id-486575' class='answer answer-50  answerof-118049' value='486575' \/>&nbsp;<label for='answer-id-486575' id='answer-label-486575' class=' answer label-50'><span class='answer'>Cash Conversion Cycle = (Cash conversion period) + (Receivables conversion period) C (Payable deferral period)<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486576' \/><div class='watu-question-choice'><input type='radio' name='answer-118049[]' id='answer-id-486576' class='answer answer-50  answerof-118049' value='486576' \/>&nbsp;<label for='answer-id-486576' id='answer-label-486576' class=' answer label-50'><span class='answer'>Cash Conversion Cycle = (Inventory conversion period) + (payables conversion period) C (receivables deferral period)<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486577' \/><div class='watu-question-choice'><input type='radio' name='answer-118049[]' id='answer-id-486577' class='answer answer-50  answerof-118049' value='486577' \/>&nbsp;<label for='answer-id-486577' id='answer-label-486577' class=' answer label-50'><span class='answer'>Cash Conversion Cycle = (Receivables conversion period) + (Payable deferral period) &#8211; (Inventory conversion period)<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486578' \/><div class='watu-question-choice'><input type='radio' name='answer-118049[]' id='answer-id-486578' class='answer answer-50  answerof-118049' value='486578' \/>&nbsp;<label for='answer-id-486578' id='answer-label-486578' class=' answer label-50'><span class='answer'>Cash Conversion Cycle = (Inventory conversion period) + (Receivables conversion period) C (Payable deferral period)<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType50' value='radio' class=''><\/div><div class='watu-question' id='question-51'><div class='question-content'><p><span class='watu_num'>51. <\/span>What calls for matching asset and liability maturities?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118050' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486579' \/><div class='watu-question-choice'><input type='radio' name='answer-118050[]' id='answer-id-486579' class='answer answer-51  answerof-118050' value='486579' \/>&nbsp;<label for='answer-id-486579' id='answer-label-486579' class=' answer label-51'><span class='answer'>Short-term financing<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486580' \/><div class='watu-question-choice'><input type='radio' name='answer-118050[]' id='answer-id-486580' class='answer answer-51  answerof-118050' value='486580' \/>&nbsp;<label for='answer-id-486580' id='answer-label-486580' class=' answer label-51'><span class='answer'>Self-liquidating approach<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486581' \/><div class='watu-question-choice'><input type='radio' name='answer-118050[]' id='answer-id-486581' class='answer answer-51  answerof-118050' value='486581' \/>&nbsp;<label for='answer-id-486581' id='answer-label-486581' class=' answer label-51'><span class='answer'>Long-term financing<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486582' \/><div class='watu-question-choice'><input type='radio' name='answer-118050[]' id='answer-id-486582' class='answer answer-51  answerof-118050' value='486582' \/>&nbsp;<label for='answer-id-486582' id='answer-label-486582' class=' answer label-51'><span class='answer'>Equity spontaneous approach<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType51' value='radio' class=''><\/div><div class='watu-question' id='question-52'><div class='question-content'><p><span class='watu_num'>52. <\/span>When finances all of the temporary assets with short-term, non-spontaneous debt and finances its fixed assets with long-term capital, this leads to:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118051' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486583' \/><div class='watu-question-choice'><input type='radio' name='answer-118051[]' id='answer-id-486583' class='answer answer-52  answerof-118051' value='486583' \/>&nbsp;<label for='answer-id-486583' id='answer-label-486583' class=' answer label-52'><span class='answer'>Aggressive approach<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486584' \/><div class='watu-question-choice'><input type='radio' name='answer-118051[]' id='answer-id-486584' class='answer answer-52  answerof-118051' value='486584' \/>&nbsp;<label for='answer-id-486584' id='answer-label-486584' class=' answer label-52'><span class='answer'>Long vs. short term debt<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486585' \/><div class='watu-question-choice'><input type='radio' name='answer-118051[]' id='answer-id-486585' class='answer answer-52  answerof-118051' value='486585' \/>&nbsp;<label for='answer-id-486585' id='answer-label-486585' class=' answer label-52'><span class='answer'>Conservative approach<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486586' \/><div class='watu-question-choice'><input type='radio' name='answer-118051[]' id='answer-id-486586' class='answer answer-52  answerof-118051' value='486586' \/>&nbsp;<label for='answer-id-486586' id='answer-label-486586' class=' answer label-52'><span class='answer'>Debt financing approach<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType52' value='radio' class=''><\/div><div class='watu-question' id='question-53'><div class='question-content'><p><span class='watu_num'>53. <\/span>The aggressive policy calls for the greatest use of long-term debt, while the conservative policy requires the least, maturity matching falls in between.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118052' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486587' \/><div class='watu-question-choice'><input type='radio' name='answer-118052[]' id='answer-id-486587' class='answer answer-53  answerof-118052' value='486587' \/>&nbsp;<label for='answer-id-486587' id='answer-label-486587' class=' answer label-53'><span class='answer'>True<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486588' \/><div class='watu-question-choice'><input type='radio' name='answer-118052[]' id='answer-id-486588' class='answer answer-53  answerof-118052' value='486588' \/>&nbsp;<label for='answer-id-486588' id='answer-label-486588' class=' answer label-53'><span class='answer'>False<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType53' value='radio' class=''><\/div><div class='watu-question' id='question-54'><div class='question-content'><p><span class='watu_num'>54. <\/span>Cash balances associated with routine payments and collections are known as:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118053' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486589' \/><div class='watu-question-choice'><input type='radio' name='answer-118053[]' id='answer-id-486589' class='answer answer-54  answerof-118053' value='486589' \/>&nbsp;<label for='answer-id-486589' id='answer-label-486589' class=' answer label-54'><span class='answer'>Compensating balances<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486590' \/><div class='watu-question-choice'><input type='radio' name='answer-118053[]' id='answer-id-486590' class='answer answer-54  answerof-118053' value='486590' \/>&nbsp;<label for='answer-id-486590' id='answer-label-486590' class=' answer label-54'><span class='answer'>precautionary balances<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486591' \/><div class='watu-question-choice'><input type='radio' name='answer-118053[]' id='answer-id-486591' class='answer answer-54  answerof-118053' value='486591' \/>&nbsp;<label for='answer-id-486591' id='answer-label-486591' class=' answer label-54'><span class='answer'>Transaction balances<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486592' \/><div class='watu-question-choice'><input type='radio' name='answer-118053[]' id='answer-id-486592' class='answer answer-54  answerof-118053' value='486592' \/>&nbsp;<label for='answer-id-486592' id='answer-label-486592' class=' answer label-54'><span class='answer'>None of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType54' value='radio' class=''><\/div><div class='watu-question' id='question-55'><div class='question-content'><p><span class='watu_num'>55. <\/span>Sometimes cash balances are held to enable the firm to take advantage of bargain purchases that might arise, these funds are called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118054' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486593' \/><div class='watu-question-choice'><input type='radio' name='answer-118054[]' id='answer-id-486593' class='answer answer-55  answerof-118054' value='486593' \/>&nbsp;<label for='answer-id-486593' id='answer-label-486593' class=' answer label-55'><span class='answer'>Speculative balances<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486594' \/><div class='watu-question-choice'><input type='radio' name='answer-118054[]' id='answer-id-486594' class='answer answer-55  answerof-118054' value='486594' \/>&nbsp;<label for='answer-id-486594' id='answer-label-486594' class=' answer label-55'><span class='answer'>Cash flow balances<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486595' \/><div class='watu-question-choice'><input type='radio' name='answer-118054[]' id='answer-id-486595' class='answer answer-55  answerof-118054' value='486595' \/>&nbsp;<label for='answer-id-486595' id='answer-label-486595' class=' answer label-55'><span class='answer'>Check-clearing balances<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486596' \/><div class='watu-question-choice'><input type='radio' name='answer-118054[]' id='answer-id-486596' class='answer answer-55  answerof-118054' value='486596' \/>&nbsp;<label for='answer-id-486596' id='answer-label-486596' class=' answer label-55'><span class='answer'>Tentative balances<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType55' value='radio' class=''><\/div><div class='watu-question' id='question-56'><div class='question-content'><p><span class='watu_num'>56. <\/span>The difference between the balance shown in a firm\u2019s checkbook and the balance in the bank\u2019s records is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118055' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486597' \/><div class='watu-question-choice'><input type='radio' name='answer-118055[]' id='answer-id-486597' class='answer answer-56  answerof-118055' value='486597' \/>&nbsp;<label for='answer-id-486597' id='answer-label-486597' class=' answer label-56'><span class='answer'>Float<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486598' \/><div class='watu-question-choice'><input type='radio' name='answer-118055[]' id='answer-id-486598' class='answer answer-56  answerof-118055' value='486598' \/>&nbsp;<label for='answer-id-486598' id='answer-label-486598' class=' answer label-56'><span class='answer'>Soar<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486599' \/><div class='watu-question-choice'><input type='radio' name='answer-118055[]' id='answer-id-486599' class='answer answer-56  answerof-118055' value='486599' \/>&nbsp;<label for='answer-id-486599' id='answer-label-486599' class=' answer label-56'><span class='answer'>Glide<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486600' \/><div class='watu-question-choice'><input type='radio' name='answer-118055[]' id='answer-id-486600' class='answer answer-56  answerof-118055' value='486600' \/>&nbsp;<label for='answer-id-486600' id='answer-label-486600' class=' answer label-56'><span class='answer'>Drift<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType56' value='radio' class=''><\/div><div class='watu-question' id='question-57'><div class='question-content'><p><span class='watu_num'>57. <\/span>What requires customers to send their payments to a post office box located in the are near where they live rather than directly to the firm is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118056' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486601' \/><div class='watu-question-choice'><input type='radio' name='answer-118056[]' id='answer-id-486601' class='answer answer-57  answerof-118056' value='486601' \/>&nbsp;<label for='answer-id-486601' id='answer-label-486601' class=' answer label-57'><span class='answer'>bolt-box system<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486602' \/><div class='watu-question-choice'><input type='radio' name='answer-118056[]' id='answer-id-486602' class='answer answer-57  answerof-118056' value='486602' \/>&nbsp;<label for='answer-id-486602' id='answer-label-486602' class=' answer label-57'><span class='answer'>padlock system<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486603' \/><div class='watu-question-choice'><input type='radio' name='answer-118056[]' id='answer-id-486603' class='answer answer-57  answerof-118056' value='486603' \/>&nbsp;<label for='answer-id-486603' id='answer-label-486603' class=' answer label-57'><span class='answer'>lockbox arrangement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486604' \/><div class='watu-question-choice'><input type='radio' name='answer-118056[]' id='answer-id-486604' class='answer answer-57  answerof-118056' value='486604' \/>&nbsp;<label for='answer-id-486604' id='answer-label-486604' class=' answer label-57'><span class='answer'>intertwine arrangement<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType57' value='radio' class=''><\/div><div class='watu-question' id='question-58'><div class='question-content'><p><span class='watu_num'>58. <\/span>A cash management arrangement used to mobilize funds from decentralized receiving locations, whether they are decentralized company locations, into one or more central cash pools is known as:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118057' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486605' \/><div class='watu-question-choice'><input type='radio' name='answer-118057[]' id='answer-id-486605' class='answer answer-58  answerof-118057' value='486605' \/>&nbsp;<label for='answer-id-486605' id='answer-label-486605' class=' answer label-58'><span class='answer'>Payable Concentration<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486606' \/><div class='watu-question-choice'><input type='radio' name='answer-118057[]' id='answer-id-486606' class='answer answer-58  answerof-118057' value='486606' \/>&nbsp;<label for='answer-id-486606' id='answer-label-486606' class=' answer label-58'><span class='answer'>Concentration banking<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486607' \/><div class='watu-question-choice'><input type='radio' name='answer-118057[]' id='answer-id-486607' class='answer answer-58  answerof-118057' value='486607' \/>&nbsp;<label for='answer-id-486607' id='answer-label-486607' class=' answer label-58'><span class='answer'>Marketable Concentration<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486608' \/><div class='watu-question-choice'><input type='radio' name='answer-118057[]' id='answer-id-486608' class='answer answer-58  answerof-118057' value='486608' \/>&nbsp;<label for='answer-id-486608' id='answer-label-486608' class=' answer label-58'><span class='answer'>None of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType58' value='radio' class=''><\/div><div class='watu-question' id='question-59'><div class='question-content'><p><span class='watu_num'>59. <\/span>Accounts that are not funded until the day\u2019s checks are presented against the account is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118058' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486609' \/><div class='watu-question-choice'><input type='radio' name='answer-118058[]' id='answer-id-486609' class='answer answer-59  answerof-118058' value='486609' \/>&nbsp;<label for='answer-id-486609' id='answer-label-486609' class=' answer label-59'><span class='answer'>Near-cash assets accounts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486610' \/><div class='watu-question-choice'><input type='radio' name='answer-118058[]' id='answer-id-486610' class='answer answer-59  answerof-118058' value='486610' \/>&nbsp;<label for='answer-id-486610' id='answer-label-486610' class=' answer label-59'><span class='answer'>Preauthorized debit accounts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486611' \/><div class='watu-question-choice'><input type='radio' name='answer-118058[]' id='answer-id-486611' class='answer answer-59  answerof-118058' value='486611' \/>&nbsp;<label for='answer-id-486611' id='answer-label-486611' class=' answer label-59'><span class='answer'>Disbursement floating accounts<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486612' \/><div class='watu-question-choice'><input type='radio' name='answer-118058[]' id='answer-id-486612' class='answer answer-59  answerof-118058' value='486612' \/>&nbsp;<label for='answer-id-486612' id='answer-label-486612' class=' answer label-59'><span class='answer'>Controlled disbursement accounts<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType59' value='radio' class=''><\/div><div class='watu-question' id='question-60'><div class='question-content'><p><span class='watu_num'>60. <\/span>What refers to the process of evaluating the credit policy to determine if a shift in the customers\u2019 payment patterns has occurred?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118059' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486613' \/><div class='watu-question-choice'><input type='radio' name='answer-118059[]' id='answer-id-486613' class='answer answer-60  answerof-118059' value='486613' \/>&nbsp;<label for='answer-id-486613' id='answer-label-486613' class=' answer label-60'><span class='answer'>Payables monitoring<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486614' \/><div class='watu-question-choice'><input type='radio' name='answer-118059[]' id='answer-id-486614' class='answer answer-60  answerof-118059' value='486614' \/>&nbsp;<label for='answer-id-486614' id='answer-label-486614' class=' answer label-60'><span class='answer'>Receivables monitoring<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486615' \/><div class='watu-question-choice'><input type='radio' name='answer-118059[]' id='answer-id-486615' class='answer answer-60  answerof-118059' value='486615' \/>&nbsp;<label for='answer-id-486615' id='answer-label-486615' class=' answer label-60'><span class='answer'>Transactional monitoring<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486616' \/><div class='watu-question-choice'><input type='radio' name='answer-118059[]' id='answer-id-486616' class='answer answer-60  answerof-118059' value='486616' \/>&nbsp;<label for='answer-id-486616' id='answer-label-486616' class=' answer label-60'><span class='answer'>Controlled monitoring<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType60' value='radio' class=''><\/div><div class='watu-question' id='question-61'><div class='question-content'><p><span class='watu_num'>61. <\/span>__________________ represents the average time it takes to collect credit accounts.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118060' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486617' \/><div class='watu-question-choice'><input type='radio' name='answer-118060[]' id='answer-id-486617' class='answer answer-61  answerof-118060' value='486617' \/>&nbsp;<label for='answer-id-486617' id='answer-label-486617' class=' answer label-61'><span class='answer'>Days sales outstanding<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486618' \/><div class='watu-question-choice'><input type='radio' name='answer-118060[]' id='answer-id-486618' class='answer answer-61  answerof-118060' value='486618' \/>&nbsp;<label for='answer-id-486618' id='answer-label-486618' class=' answer label-61'><span class='answer'>Average sales outstanding<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486619' \/><div class='watu-question-choice'><input type='radio' name='answer-118060[]' id='answer-id-486619' class='answer answer-61  answerof-118060' value='486619' \/>&nbsp;<label for='answer-id-486619' id='answer-label-486619' class=' answer label-61'><span class='answer'>Collection policy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486620' \/><div class='watu-question-choice'><input type='radio' name='answer-118060[]' id='answer-id-486620' class='answer answer-61  answerof-118060' value='486620' \/>&nbsp;<label for='answer-id-486620' id='answer-label-486620' class=' answer label-61'><span class='answer'>Accumulating time<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType61' value='radio' class=''><\/div><div class='watu-question' id='question-62'><div class='question-content'><p><span class='watu_num'>62. <\/span>What involves more trading monitoring of the portfolio and may be motivated by a philosophy that the investor can beat the market?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118061' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486621' \/><div class='watu-question-choice'><input type='radio' name='answer-118061[]' id='answer-id-486621' class='answer answer-62  answerof-118061' value='486621' \/>&nbsp;<label for='answer-id-486621' id='answer-label-486621' class=' answer label-62'><span class='answer'>Yield-spread investment strategy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486622' \/><div class='watu-question-choice'><input type='radio' name='answer-118061[]' id='answer-id-486622' class='answer answer-62  answerof-118061' value='486622' \/>&nbsp;<label for='answer-id-486622' id='answer-label-486622' class=' answer label-62'><span class='answer'>Passive investment strategy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486623' \/><div class='watu-question-choice'><input type='radio' name='answer-118061[]' id='answer-id-486623' class='answer answer-62  answerof-118061' value='486623' \/>&nbsp;<label for='answer-id-486623' id='answer-label-486623' class=' answer label-62'><span class='answer'>Active investment strategy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486624' \/><div class='watu-question-choice'><input type='radio' name='answer-118061[]' id='answer-id-486624' class='answer answer-62  answerof-118061' value='486624' \/>&nbsp;<label for='answer-id-486624' id='answer-label-486624' class=' answer label-62'><span class='answer'>None of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType62' value='radio' class=''><\/div><div class='watu-question' id='question-63'><div class='question-content'><p><span class='watu_num'>63. <\/span>Which of the following is NOT the source of short-term funds?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118062' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486625' \/><div class='watu-question-choice'><input type='radio' name='answer-118062[]' id='answer-id-486625' class='answer answer-63  answerof-118062' value='486625' \/>&nbsp;<label for='answer-id-486625' id='answer-label-486625' class=' answer label-63'><span class='answer'>Accruals<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486626' \/><div class='watu-question-choice'><input type='radio' name='answer-118062[]' id='answer-id-486626' class='answer answer-63  answerof-118062' value='486626' \/>&nbsp;<label for='answer-id-486626' id='answer-label-486626' class=' answer label-63'><span class='answer'>Letter of credit<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486627' \/><div class='watu-question-choice'><input type='radio' name='answer-118062[]' id='answer-id-486627' class='answer answer-63  answerof-118062' value='486627' \/>&nbsp;<label for='answer-id-486627' id='answer-label-486627' class=' answer label-63'><span class='answer'>Reverse repurchase agreement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486628' \/><div class='watu-question-choice'><input type='radio' name='answer-118062[]' id='answer-id-486628' class='answer answer-63  answerof-118062' value='486628' \/>&nbsp;<label for='answer-id-486628' id='answer-label-486628' class=' answer label-63'><span class='answer'>Payable concentration<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType63' value='radio' class=''><\/div><div class='watu-question' id='question-64'><div class='question-content'><p><span class='watu_num'>64. <\/span>Banks sometimes require borrowers to maintain an average demand deposit balance equal to from 10 percent to 20 percent of the amount borrowed, this is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118063' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486629' \/><div class='watu-question-choice'><input type='radio' name='answer-118063[]' id='answer-id-486629' class='answer answer-64  answerof-118063' value='486629' \/>&nbsp;<label for='answer-id-486629' id='answer-label-486629' class=' answer label-64'><span class='answer'>line of credit<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486630' \/><div class='watu-question-choice'><input type='radio' name='answer-118063[]' id='answer-id-486630' class='answer answer-64  answerof-118063' value='486630' \/>&nbsp;<label for='answer-id-486630' id='answer-label-486630' class=' answer label-64'><span class='answer'>compensating balance<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486631' \/><div class='watu-question-choice'><input type='radio' name='answer-118063[]' id='answer-id-486631' class='answer answer-64  answerof-118063' value='486631' \/>&nbsp;<label for='answer-id-486631' id='answer-label-486631' class=' answer label-64'><span class='answer'>commitment fee<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486632' \/><div class='watu-question-choice'><input type='radio' name='answer-118063[]' id='answer-id-486632' class='answer answer-64  answerof-118063' value='486632' \/>&nbsp;<label for='answer-id-486632' id='answer-label-486632' class=' answer label-64'><span class='answer'>revolving credit agreement<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType64' value='radio' class=''><\/div><div class='watu-question' id='question-65'><div class='question-content'><p><span class='watu_num'>65. <\/span>The heart of __________________ is the security agreement, a standardized document on which the specific pledged assets are listed.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118064' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486633' \/><div class='watu-question-choice'><input type='radio' name='answer-118064[]' id='answer-id-486633' class='answer answer-65  answerof-118064' value='486633' \/>&nbsp;<label for='answer-id-486633' id='answer-label-486633' class=' answer label-65'><span class='answer'>Uniform Commercial Code<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486634' \/><div class='watu-question-choice'><input type='radio' name='answer-118064[]' id='answer-id-486634' class='answer answer-65  answerof-118064' value='486634' \/>&nbsp;<label for='answer-id-486634' id='answer-label-486634' class=' answer label-65'><span class='answer'>Factoring Account Code<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486635' \/><div class='watu-question-choice'><input type='radio' name='answer-118064[]' id='answer-id-486635' class='answer answer-65  answerof-118064' value='486635' \/>&nbsp;<label for='answer-id-486635' id='answer-label-486635' class=' answer label-65'><span class='answer'>Pledged Account Code<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486636' \/><div class='watu-question-choice'><input type='radio' name='answer-118064[]' id='answer-id-486636' class='answer answer-65  answerof-118064' value='486636' \/>&nbsp;<label for='answer-id-486636' id='answer-label-486636' class=' answer label-65'><span class='answer'>Crediting Resource Code<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType65' value='radio' class=''><\/div><div class='watu-question' id='question-66'><div class='question-content'><p><span class='watu_num'>66. <\/span>What involves the purchase of accounts receivables by the lender, generally without resource to the borrower?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118065' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486637' \/><div class='watu-question-choice'><input type='radio' name='answer-118065[]' id='answer-id-486637' class='answer answer-66  answerof-118065' value='486637' \/>&nbsp;<label for='answer-id-486637' id='answer-label-486637' class=' answer label-66'><span class='answer'>Wal-Mart financing<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486638' \/><div class='watu-question-choice'><input type='radio' name='answer-118065[]' id='answer-id-486638' class='answer answer-66  answerof-118065' value='486638' \/>&nbsp;<label for='answer-id-486638' id='answer-label-486638' class=' answer label-66'><span class='answer'>Pledging<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486639' \/><div class='watu-question-choice'><input type='radio' name='answer-118065[]' id='answer-id-486639' class='answer answer-66  answerof-118065' value='486639' \/>&nbsp;<label for='answer-id-486639' id='answer-label-486639' class=' answer label-66'><span class='answer'>Factoring<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486640' \/><div class='watu-question-choice'><input type='radio' name='answer-118065[]' id='answer-id-486640' class='answer answer-66  answerof-118065' value='486640' \/>&nbsp;<label for='answer-id-486640' id='answer-label-486640' class=' answer label-66'><span class='answer'>Interest expense<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType66' value='radio' class=''><\/div><div class='watu-question' id='question-67'><div class='question-content'><p><span class='watu_num'>67. <\/span>Which element id needed for the establishment of a field warehouse?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118066' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486641' \/><div class='watu-question-choice'><input type='radio' name='answer-118066[]' id='answer-id-486641' class='answer answer-67  answerof-118066' value='486641' \/>&nbsp;<label for='answer-id-486641' id='answer-label-486641' class=' answer label-67'><span class='answer'>public notification<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486642' \/><div class='watu-question-choice'><input type='radio' name='answer-118066[]' id='answer-id-486642' class='answer answer-67  answerof-118066' value='486642' \/>&nbsp;<label for='answer-id-486642' id='answer-label-486642' class=' answer label-67'><span class='answer'>physical control of the inventory<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486643' \/><div class='watu-question-choice'><input type='radio' name='answer-118066[]' id='answer-id-486643' class='answer answer-67  answerof-118066' value='486643' \/>&nbsp;<label for='answer-id-486643' id='answer-label-486643' class=' answer label-67'><span class='answer'>supervision by a custodian of the field warehousing concern<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486644' \/><div class='watu-question-choice'><input type='radio' name='answer-118066[]' id='answer-id-486644' class='answer answer-67  answerof-118066' value='486644' \/>&nbsp;<label for='answer-id-486644' id='answer-label-486644' class=' answer label-67'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType67' value='radio' class=''><\/div><div class='watu-question' id='question-68'><div class='question-content'><p><span class='watu_num'>68. <\/span>A firm uses more short-term sources, its debt costs are low, profits are high and solvency is low with:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118067' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486645' \/><div class='watu-question-choice'><input type='radio' name='answer-118067[]' id='answer-id-486645' class='answer answer-68  answerof-118067' value='486645' \/>&nbsp;<label for='answer-id-486645' id='answer-label-486645' class=' answer label-68'><span class='answer'>Aggressive strategy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486646' \/><div class='watu-question-choice'><input type='radio' name='answer-118067[]' id='answer-id-486646' class='answer answer-68  answerof-118067' value='486646' \/>&nbsp;<label for='answer-id-486646' id='answer-label-486646' class=' answer label-68'><span class='answer'>Conservative financing strategy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486647' \/><div class='watu-question-choice'><input type='radio' name='answer-118067[]' id='answer-id-486647' class='answer answer-68  answerof-118067' value='486647' \/>&nbsp;<label for='answer-id-486647' id='answer-label-486647' class=' answer label-68'><span class='answer'>Moderate financing strategy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486648' \/><div class='watu-question-choice'><input type='radio' name='answer-118067[]' id='answer-id-486648' class='answer answer-68  answerof-118067' value='486648' \/>&nbsp;<label for='answer-id-486648' id='answer-label-486648' class=' answer label-68'><span class='answer'>Excess Liquidity strategy<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType68' value='radio' class=''><\/div><div class='watu-question' id='question-69'><div class='question-content'><p><span class='watu_num'>69. <\/span>If earnings are poor and stockholders are dissatisfied, an outside group might solicit the proxies in an effort to overthrow management and take control of the business, this is known as:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118068' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486649' \/><div class='watu-question-choice'><input type='radio' name='answer-118068[]' id='answer-id-486649' class='answer answer-69  answerof-118068' value='486649' \/>&nbsp;<label for='answer-id-486649' id='answer-label-486649' class=' answer label-69'><span class='answer'>Poor Proxy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486650' \/><div class='watu-question-choice'><input type='radio' name='answer-118068[]' id='answer-id-486650' class='answer answer-69  answerof-118068' value='486650' \/>&nbsp;<label for='answer-id-486650' id='answer-label-486650' class=' answer label-69'><span class='answer'>Proxy fight<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486651' \/><div class='watu-question-choice'><input type='radio' name='answer-118068[]' id='answer-id-486651' class='answer answer-69  answerof-118068' value='486651' \/>&nbsp;<label for='answer-id-486651' id='answer-label-486651' class=' answer label-69'><span class='answer'>Scrap proxy<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486652' \/><div class='watu-question-choice'><input type='radio' name='answer-118068[]' id='answer-id-486652' class='answer answer-69  answerof-118068' value='486652' \/>&nbsp;<label for='answer-id-486652' id='answer-label-486652' class=' answer label-69'><span class='answer'>stand-up fight Proxy<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType69' value='radio' class=''><\/div><div class='watu-question' id='question-70'><div class='question-content'><p><span class='watu_num'>70. <\/span>A long-term contract under which a borrower which a borrower agrees to make payments of interest and principal on specific dates to its holder is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118069' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486653' \/><div class='watu-question-choice'><input type='radio' name='answer-118069[]' id='answer-id-486653' class='answer answer-70  answerof-118069' value='486653' \/>&nbsp;<label for='answer-id-486653' id='answer-label-486653' class=' answer label-70'><span class='answer'>Bond<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486654' \/><div class='watu-question-choice'><input type='radio' name='answer-118069[]' id='answer-id-486654' class='answer answer-70  answerof-118069' value='486654' \/>&nbsp;<label for='answer-id-486654' id='answer-label-486654' class=' answer label-70'><span class='answer'>Loan<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486655' \/><div class='watu-question-choice'><input type='radio' name='answer-118069[]' id='answer-id-486655' class='answer answer-70  answerof-118069' value='486655' \/>&nbsp;<label for='answer-id-486655' id='answer-label-486655' class=' answer label-70'><span class='answer'>Mortgage<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486656' \/><div class='watu-question-choice'><input type='radio' name='answer-118069[]' id='answer-id-486656' class='answer answer-70  answerof-118069' value='486656' \/>&nbsp;<label for='answer-id-486656' id='answer-label-486656' class=' answer label-70'><span class='answer'>Credit<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType70' value='radio' class=''><\/div><div class='watu-question' id='question-71'><div class='question-content'><p><span class='watu_num'>71. <\/span>The Single-A and triple-B bonds are strong enough to be called _______________, and they are the lowest-rated bonds that many banks and other institutional investors are permitted by law to hold.<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118070' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486657' \/><div class='watu-question-choice'><input type='radio' name='answer-118070[]' id='answer-id-486657' class='answer answer-71  answerof-118070' value='486657' \/>&nbsp;<label for='answer-id-486657' id='answer-label-486657' class=' answer label-71'><span class='answer'>Investment grade bonds<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486658' \/><div class='watu-question-choice'><input type='radio' name='answer-118070[]' id='answer-id-486658' class='answer answer-71  answerof-118070' value='486658' \/>&nbsp;<label for='answer-id-486658' id='answer-label-486658' class=' answer label-71'><span class='answer'>Public service bonds<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486659' \/><div class='watu-question-choice'><input type='radio' name='answer-118070[]' id='answer-id-486659' class='answer answer-71  answerof-118070' value='486659' \/>&nbsp;<label for='answer-id-486659' id='answer-label-486659' class=' answer label-71'><span class='answer'>Floating rate bonds<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486660' \/><div class='watu-question-choice'><input type='radio' name='answer-118070[]' id='answer-id-486660' class='answer answer-71  answerof-118070' value='486660' \/>&nbsp;<label for='answer-id-486660' id='answer-label-486660' class=' answer label-71'><span class='answer'>Coupon bonds<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType71' value='radio' class=''><\/div><div class='watu-question' id='question-72'><div class='question-content'><p><span class='watu_num'>72. <\/span>What is used to designate any debt sold in a country other than the one in whose currency the debt is denominated?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118071' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486661' \/><div class='watu-question-choice'><input type='radio' name='answer-118071[]' id='answer-id-486661' class='answer answer-72  answerof-118071' value='486661' \/>&nbsp;<label for='answer-id-486661' id='answer-label-486661' class=' answer label-72'><span class='answer'>Euro-debt<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486662' \/><div class='watu-question-choice'><input type='radio' name='answer-118071[]' id='answer-id-486662' class='answer answer-72  answerof-118071' value='486662' \/>&nbsp;<label for='answer-id-486662' id='answer-label-486662' class=' answer label-72'><span class='answer'>Foreign debt<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486663' \/><div class='watu-question-choice'><input type='radio' name='answer-118071[]' id='answer-id-486663' class='answer answer-72  answerof-118071' value='486663' \/>&nbsp;<label for='answer-id-486663' id='answer-label-486663' class=' answer label-72'><span class='answer'>Bell debt<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486664' \/><div class='watu-question-choice'><input type='radio' name='answer-118071[]' id='answer-id-486664' class='answer answer-72  answerof-118071' value='486664' \/>&nbsp;<label for='answer-id-486664' id='answer-label-486664' class=' answer label-72'><span class='answer'>Exotic debt<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType72' value='radio' class=''><\/div><div class='watu-question' id='question-73'><div class='question-content'><p><span class='watu_num'>73. <\/span>An option that gives the right to sell a stock at a specified price during some period in the future, this is called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118072' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486665' \/><div class='watu-question-choice'><input type='radio' name='answer-118072[]' id='answer-id-486665' class='answer answer-73  answerof-118072' value='486665' \/>&nbsp;<label for='answer-id-486665' id='answer-label-486665' class=' answer label-73'><span class='answer'>gets option<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486666' \/><div class='watu-question-choice'><input type='radio' name='answer-118072[]' id='answer-id-486666' class='answer answer-73  answerof-118072' value='486666' \/>&nbsp;<label for='answer-id-486666' id='answer-label-486666' class=' answer label-73'><span class='answer'>go option<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486667' \/><div class='watu-question-choice'><input type='radio' name='answer-118072[]' id='answer-id-486667' class='answer answer-73  answerof-118072' value='486667' \/>&nbsp;<label for='answer-id-486667' id='answer-label-486667' class=' answer label-73'><span class='answer'>put option<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486668' \/><div class='watu-question-choice'><input type='radio' name='answer-118072[]' id='answer-id-486668' class='answer answer-73  answerof-118072' value='486668' \/>&nbsp;<label for='answer-id-486668' id='answer-label-486668' class=' answer label-73'><span class='answer'>step option<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType73' value='radio' class=''><\/div><div class='watu-question' id='question-74'><div class='question-content'><p><span class='watu_num'>74. <\/span>Information system, that help seize opportunities are called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118073' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486669' \/><div class='watu-question-choice'><input type='radio' name='answer-118073[]' id='answer-id-486669' class='answer answer-74  answerof-118073' value='486669' \/>&nbsp;<label for='answer-id-486669' id='answer-label-486669' class=' answer label-74'><span class='answer'>Confiscate information systems<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486670' \/><div class='watu-question-choice'><input type='radio' name='answer-118073[]' id='answer-id-486670' class='answer answer-74  answerof-118073' value='486670' \/>&nbsp;<label for='answer-id-486670' id='answer-label-486670' class=' answer label-74'><span class='answer'>Strategic information systems<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486671' \/><div class='watu-question-choice'><input type='radio' name='answer-118073[]' id='answer-id-486671' class='answer answer-74  answerof-118073' value='486671' \/>&nbsp;<label for='answer-id-486671' id='answer-label-486671' class=' answer label-74'><span class='answer'>Appropriate information systems<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486672' \/><div class='watu-question-choice'><input type='radio' name='answer-118073[]' id='answer-id-486672' class='answer answer-74  answerof-118073' value='486672' \/>&nbsp;<label for='answer-id-486672' id='answer-label-486672' class=' answer label-74'><span class='answer'>Restore information systems<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType74' value='radio' class=''><\/div><div class='watu-question' id='question-75'><div class='question-content'><p><span class='watu_num'>75. <\/span>Who was the first PC manufacturer to use the Web to take customer orders?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118074' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486673' \/><div class='watu-question-choice'><input type='radio' name='answer-118074[]' id='answer-id-486673' class='answer answer-75  answerof-118074' value='486673' \/>&nbsp;<label for='answer-id-486673' id='answer-label-486673' class=' answer label-75'><span class='answer'>Dell<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486674' \/><div class='watu-question-choice'><input type='radio' name='answer-118074[]' id='answer-id-486674' class='answer answer-75  answerof-118074' value='486674' \/>&nbsp;<label for='answer-id-486674' id='answer-label-486674' class=' answer label-75'><span class='answer'>Sony<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486675' \/><div class='watu-question-choice'><input type='radio' name='answer-118074[]' id='answer-id-486675' class='answer answer-75  answerof-118074' value='486675' \/>&nbsp;<label for='answer-id-486675' id='answer-label-486675' class=' answer label-75'><span class='answer'>Toshiba<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486676' \/><div class='watu-question-choice'><input type='radio' name='answer-118074[]' id='answer-id-486676' class='answer answer-75  answerof-118074' value='486676' \/>&nbsp;<label for='answer-id-486676' id='answer-label-486676' class=' answer label-75'><span class='answer'>Compaq<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType75' value='radio' class=''><\/div><div class='watu-question' id='question-76'><div class='question-content'><p><span class='watu_num'>76. <\/span>The expenses incurred when a customer stops buying a product or service from one business and starts buying it from another are called:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118075' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486677' \/><div class='watu-question-choice'><input type='radio' name='answer-118075[]' id='answer-id-486677' class='answer answer-76  answerof-118075' value='486677' \/>&nbsp;<label for='answer-id-486677' id='answer-label-486677' class=' answer label-76'><span class='answer'>Transferring costs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486678' \/><div class='watu-question-choice'><input type='radio' name='answer-118075[]' id='answer-id-486678' class='answer answer-76  answerof-118075' value='486678' \/>&nbsp;<label for='answer-id-486678' id='answer-label-486678' class=' answer label-76'><span class='answer'>Switching costs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486679' \/><div class='watu-question-choice'><input type='radio' name='answer-118075[]' id='answer-id-486679' class='answer answer-76  answerof-118075' value='486679' \/>&nbsp;<label for='answer-id-486679' id='answer-label-486679' class=' answer label-76'><span class='answer'>Change costs<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486680' \/><div class='watu-question-choice'><input type='radio' name='answer-118075[]' id='answer-id-486680' class='answer answer-76  answerof-118075' value='486680' \/>&nbsp;<label for='answer-id-486680' id='answer-label-486680' class=' answer label-76'><span class='answer'>Replacement costs<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType76' value='radio' class=''><\/div><div class='watu-question' id='question-77'><div class='question-content'><p><span class='watu_num'>77. <\/span>Information system (IS) planning includes which of the following sep that is part of any successful planning process?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118076' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486681' \/><div class='watu-question-choice'><input type='radio' name='answer-118076[]' id='answer-id-486681' class='answer answer-77  answerof-118076' value='486681' \/>&nbsp;<label for='answer-id-486681' id='answer-label-486681' class=' answer label-77'><span class='answer'>Creating a corporate and IS mission statement<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486682' \/><div class='watu-question-choice'><input type='radio' name='answer-118076[]' id='answer-id-486682' class='answer answer-77  answerof-118076' value='486682' \/>&nbsp;<label for='answer-id-486682' id='answer-label-486682' class=' answer label-77'><span class='answer'>Articulating the vision for IT within the organization<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486683' \/><div class='watu-question-choice'><input type='radio' name='answer-118076[]' id='answer-id-486683' class='answer answer-77  answerof-118076' value='486683' \/>&nbsp;<label for='answer-id-486683' id='answer-label-486683' class=' answer label-77'><span class='answer'>Creating IS strategic and tactical plans<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486684' \/><div class='watu-question-choice'><input type='radio' name='answer-118076[]' id='answer-id-486684' class='answer answer-77  answerof-118076' value='486684' \/>&nbsp;<label for='answer-id-486684' id='answer-label-486684' class=' answer label-77'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType77' value='radio' class=''><\/div><div class='watu-question' id='question-78'><div class='question-content'><p><span class='watu_num'>78. <\/span>For IS planning to be successful, top management must:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118077' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486685' \/><div class='watu-question-choice'><input type='radio' name='answer-118077[]' id='answer-id-486685' class='answer answer-78  answerof-118077' value='486685' \/>&nbsp;<label for='answer-id-486685' id='answer-label-486685' class=' answer label-78'><span class='answer'>Recognize IT as an indispensable resource<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486686' \/><div class='watu-question-choice'><input type='radio' name='answer-118077[]' id='answer-id-486686' class='answer answer-78  answerof-118077' value='486686' \/>&nbsp;<label for='answer-id-486686' id='answer-label-486686' class=' answer label-78'><span class='answer'>Understand that IT is a complex resource<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486687' \/><div class='watu-question-choice'><input type='radio' name='answer-118077[]' id='answer-id-486687' class='answer answer-78  answerof-118077' value='486687' \/>&nbsp;<label for='answer-id-486687' id='answer-label-486687' class=' answer label-78'><span class='answer'>Regard ISs as a source for gaining strategic goals<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486688' \/><div class='watu-question-choice'><input type='radio' name='answer-118077[]' id='answer-id-486688' class='answer answer-78  answerof-118077' value='486688' \/>&nbsp;<label for='answer-id-486688' id='answer-label-486688' class=' answer label-78'><span class='answer'>All of the above<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType78' value='radio' class=''><\/div><div class='watu-question' id='question-79'><div class='question-content'><p><span class='watu_num'>79. <\/span>What refers to how easy it is to augment hardware and software and their use as the business grows?<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118078' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486689' \/><div class='watu-question-choice'><input type='radio' name='answer-118078[]' id='answer-id-486689' class='answer answer-79  answerof-118078' value='486689' \/>&nbsp;<label for='answer-id-486689' id='answer-label-486689' class=' answer label-79'><span class='answer'>Compatibility<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486690' \/><div class='watu-question-choice'><input type='radio' name='answer-118078[]' id='answer-id-486690' class='answer answer-79  answerof-118078' value='486690' \/>&nbsp;<label for='answer-id-486690' id='answer-label-486690' class=' answer label-79'><span class='answer'>Connectivity<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486691' \/><div class='watu-question-choice'><input type='radio' name='answer-118078[]' id='answer-id-486691' class='answer answer-79  answerof-118078' value='486691' \/>&nbsp;<label for='answer-id-486691' id='answer-label-486691' class=' answer label-79'><span class='answer'>Scalability<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486692' \/><div class='watu-question-choice'><input type='radio' name='answer-118078[]' id='answer-id-486692' class='answer answer-79  answerof-118078' value='486692' \/>&nbsp;<label for='answer-id-486692' id='answer-label-486692' class=' answer label-79'><span class='answer'>Functionality<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType79' value='radio' class=''><\/div><div class='watu-question' id='question-80'><div class='question-content'><p><span class='watu_num'>80. <\/span>A high-ranking officer, who commands sufficient political clout to promote the idea that a new system is needed and when the go-ahead is granted to remove obstacles as the project progresses, is known as:<\/p>\n<\/div><input type='hidden' name='question_id[]' value='118079' \/><div class='watu-questions-wrap '><input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486693' \/><div class='watu-question-choice'><input type='radio' name='answer-118079[]' id='answer-id-486693' class='answer answer-80  answerof-118079' value='486693' \/>&nbsp;<label for='answer-id-486693' id='answer-label-486693' class=' answer label-80'><span class='answer'>Champion<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486694' \/><div class='watu-question-choice'><input type='radio' name='answer-118079[]' id='answer-id-486694' class='answer answer-80  answerof-118079' value='486694' \/>&nbsp;<label for='answer-id-486694' id='answer-label-486694' class=' answer label-80'><span class='answer'>Professional<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486695' \/><div class='watu-question-choice'><input type='radio' name='answer-118079[]' id='answer-id-486695' class='answer answer-80  answerof-118079' value='486695' \/>&nbsp;<label for='answer-id-486695' id='answer-label-486695' class=' answer label-80'><span class='answer'>Certified<\/span><\/label><\/div>\n<input type='hidden' name='answer_ids[]' class='watu-answer-ids' value='486696' \/><div class='watu-question-choice'><input type='radio' name='answer-118079[]' id='answer-id-486696' class='answer answer-80  answerof-118079' value='486696' \/>&nbsp;<label for='answer-id-486696' id='answer-label-486696' class=' answer label-80'><span class='answer'>Advocate<\/span><\/label><\/div>\n<\/div><input type='hidden' id='questionType80' value='radio' class=''><\/div><div style='display:none' id='question-81'><br \/><div class='question-content'><img loading=\"lazy\" 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