BEC試験無料問題集（530題）「AICPA CPA Business Environment and Concepts 認定」

出題：1

The working capital financing policy that subjects the firm to the greatest risk of being unable to meet the
firm's maturing obligations is the policy that finances:

A. Fluctuating current assets with long-term debt.

B. Fluctuating current assets with short-term debt.

C. Permanent current assets with long-term debt.

D. Permanent current assets with short-term debt.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：2

The theory underlying the cost of capital is primarily concerned with the cost of:

A. Short-term funds and new funds.

B. Long-term funds and old funds.

C. Long-term funds and new funds.

D. Any combination of old or new, short-term or long-term funds.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：3

In markets that are imperfectly competitive, such as monopoly and monopolistic competition, firms
produce at an output where:

A. Price equals average cost.

B. Price equals marginal cost.

C. Average costs are minimized.

D. Marginal cost equals marginal revenue.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：4

The marketable securities with the least amount of default risk are:

A. Federal government agency securities.

B. Bankers' acceptances.

C. Repurchase agreements.

D. U.S. treasury securities.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：5

For the next 2 years, a lease is estimated to have an operating net cash inflow of $7,500 per annum,
before adjusting for $5,000 per annum tax basis lease amortization, and a 40% tax rate. The present
value of an ordinary annuity of $1 per year at 10% for 2 years is $1.74. What is the lease's after-tax
present value using a 10% discount factor?

A. $2,610

B. $11,310

C. $4,350

D. $9,570

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：6

The basic objective of the residual income approach of performance measurement and evaluation is to
have a division maximize its:

A. Return on investment rate.

B. Cash flows in excess of a desired minimum amount.

C. Imputed interest rate charge.

D. Income in excess of a desired minimum amount.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：7

Unless the partnership agreement prohibits it, a partner in a general partnership may validly assign rights
to:

A. Option D

B. Option C

C. Option A

D. Option B

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：8

Which of the following is a requirement for a small business corporation to elect S corporation status?

A. It has at least one partnership as a shareholder.

B. It has only one class of stock.

C. It has more than 75 shareholders.

D. It has international ownership.

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：9

Which one of the following is most relevant to a manufacturing equipment replacement decision?

A. Disposal price of the old equipment.

B. A lump-sum write-off amount from the disposal of the old equipment.

C. Gain or loss on the disposal of the old equipment.

D. Original cost of the old equipment.

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：10

Which one or the following statements about the payback method of investment analysis is correct? The
payback method:

A. Does not consider the time value of money.

B. Is rarely used in practice.

C. Uses discounted cash flow techniques.

D. Generally leads to the same decision as other methods for long-term projects.

正解：A 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：11

Lisa is a limited partner in a limited partnership. Jen, one of the other limited partners, is seeking to sell
her interest in the partnership to Karen and allow Karen to become a new limited partner. Which of the
following statements is true?

A. Lisa may engage in the management of the limited partnership without losing her limited liability.

B. Jen may withdraw from the limited partnership without giving notice to the partnership.

C. Jen may transfer her interest and make Karen a new limited partner without the approval of the other partners.

D. Lisa has a right to vote on the transferring of interest to and admission of Karen as a limited partner.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：12

In order to sell at the rate of output in markets controlled by monopolists, price is set where:

A. Price equals marginal cost.

B. Price equals average total cost.

C. Marginal revenue equals average total cost.

D. Marginal revenue equals marginal cost.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：13

If the Federal Reserve wanted to implement an expansionary monetary policy, which one of the following
actions would the Federal Reserve take?

A. Raise the discount rate and sell U.S. government securities.

B. Lower the discount rate and raise the reserve requirement.

C. Raise the reserve requirement and the discount rate.

D. Purchase additional U.S. government securities and lower the discount rate.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：14

An industry that is oligopolistic would be best characterized by:

A. Horizontal or flat demand curves for the output of individual firms.

B. One firm selling a product with no close substitutes.

C. The absence of significant economies of scale.

D. Significant barriers to entry.

正解：D 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

出題：15

Atlas Worldwide Industries conducts business in a number of different countries and is trying to evaluate
its economic exposure to exchange rate risk. Which of the following statements is not correct?

A. Atlas will suffer an economic loss in the event it has net cash outflows of a foreign currency and the
foreign currency appreciates.

B. Atlas will suffer an economic loss in the event it has net cash inflows of a foreign currency and the
foreign currency appreciates.

C. Atlas will suffer an economic loss in the event it has net cash inflows of a foreign currency and the
foreign currency depreciates.

D. Atlas will enjoy an economic gain in the event it has net cash outflows of a foreign currency and the
foreign currency depreciates.

正解：B 解答を投票する

解説: (GoShiken メンバーにのみ表示されます)

BEC試験無料問題集「AICPA CPA Business Environment and Concepts 認定」