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FIN 515 Final Exam (Set 1

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1. (TCO A) Which of the following does NOT always increase a company’s market value?

2. (TCO F) Which of the following statements is correct?

3. (TCO D) Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which competition will probably reduce the growth rate in earnings and dividends to zero, i.e., g = 0. The company’s last dividend, D0, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock?

4. (TCO G) Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $35,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March?

1. (TCO H) Zervos Inc. had the following data for 2008 (in millions). The new CFO believes (a) that an improved inventory management system could lower the average inventory by $4,000, (b) that improvements in the credit department could reduce receivables by $2,000, and (c) that the purchasing department could negotiate better credit terms and thereby increase accounts payable by $2,000. Furthermore, she thinks that these changes would not affect either sales or the costs of goods sold. If these changes were made, by how many days would the cash conversion cycle be lowered?

2. (TCO C) Bumpas Enterprises purchases $4,562,500 in goods per year from its sole supplier on terms of 2/15, net 50. If the firm chooses to pay on time but does not take the discount, what is the effective annual percentage cost of its nonfree trade credit? (Assume a 365-day year.)

3. (TCO E) You were hired as a consultant to the Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equity. The interest rate on new debt is 6.50%, the yield on the preferred is 6.00%, the cost of common from retained earnings is 11.25%, and the tax rate is 40%. The firm will not be issuing any new common stock. What is Quigley’s WACC?

4. (TCO B) A company forecasts the free cash flows (in millions) shown below. The weighted average cost of capital is 13%, and the FCFs are expected to continue growing at a 5% rate after Year 3. Assuming that the ROIC is expected to remain constant in Year 3 and beyond, what is the Year 0 value of operations, in millions?

5. (TCO G) Based on the corporate valuation model, Hunsader’s value of operations is $300 million. The balance sheet shows $20 million of short-term investments that are unrelated to operations, $50 million of accounts payable, $90 million of notes payable, $30 million of long-term debt, $40 million of preferred stock, and $100 million of common equity. The company has 10 million shares of stock outstanding. What is the best estimate of the stock’s price per share?

6. TCO G) Clayton Industries is planning its operations for next year, and Ronnie Clayton, the CEO, wants you to forecast the firm’s additional funds needed (AFN). The firm is operating at full capacity. Data for use in your forecast are shown below. Based on the AFN equation, what is the AFN for the coming year? Dollars are in millions.

 
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ECON 545 Final Exa

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1. (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets.

(a.) (15 points) You know from data collected on the Widget Market that market demand and market supply have both increased recently. As manager of the facility, what decisions should you make regarding production levels and pricing for your Widget facility?

Remember that supply and demand are about the market supply and market demand, which is bigger than your own company. You are being given data on supply and demand for the whole market and are being asked what effect that has on you as a small part of that market.

(b.) (15 points) Now, suppose that following the supply and demand changes in (a), a substitute good goes up in price, and your costs of production increase. What new decisions will you make regarding production levels and pricing for your Widget facility?

2. (TCO B) Here is some data on the demand for marshmallows:

Price Quantity
$10 100
$ 8 300
$ 6 700
$ 4 1300
$ 2 2200

(a.) (15 points) Is demand elastic or inelastic in the $6-$8 price range? How do you know?

(b.) (15 points) If the table represents the demand faced by a monopoly firm, then what is that firm’s marginal revenue as it increases output from 1300 units to 2200 units? Show all work. (Be careful here!)

3. (TCO C) You have been hired to manage a small manufacturing facility whose cost and production data are given in the table below.
Total Total
Workers   Labor Cost  Output        Revenue
1                     $500     100                 $700
2                     1000     280                1150
3                     1500     440               1440
4                     2000     540               1570
5                     2500    600                1670
6                     3000    630                1710
7                    3500     640               1730

(a.) (6 points) What is the marginal product of the second worker?

(b.) (6 points) What is the marginal revenue product of the fourth worker?

(c.) (6 points) What is the marginal cost of the first worker?

4. (TCO C) Answer the next questions on the basis of the following cost data for a firm in pure competition:

OUTPUT —— TFC ———- TVC
0                   $100.00         0.00
1                   100.00           70.00
2                   100.00           120.00
3                100.00          150.00
4                100.00          200.00
5                100.00           270.00
6                100.00           360.00

(a.) (15 points) Refer to the above data. If the product price is $45 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.

(b.) (15 points) Refer to the above data. If the product price is $75 at its optimal output, will the firm realize an economic profit, break even, or incur an economic loss? How much will the profit or loss be? Show all calculations.

5. (TCO D) A software producer has fixed costs of $18,000 per month and her Total Variable Costs (TVC) as a function of output Q are given below:

Q TVC Price
1,000 $15,000 $25 
2,000 20,000 24 
3,000 30,000 23 
4,000 50,000 22 
5,000 80,000 20 
(a.) (15 points) If software can only be produced in the quantities above, what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above? Why? (Show all work).

(b.) (15 points) What should be the production level if fixed costs rose to $48,000 per month? Explain

6. (TCO F)

(a.) (20 points) Suppose nominal GDP in 1999 was $200 billion, and in 2001, it was $270 billion. The general price index in 1999 was 100 and in 2001 it was 150. Between 1999 and 2001, the real GDP rose by what percent?

(b.) Use the following scenario to answer questions (b1) and (b2).
In a given year in the United States, the total number of residents is 270 million, the number of residents under the age of 16 is 38 million, the number of institutionalized adults is 15 million, the number of adults who are not looking for work is 17 million, and the number of unemployed is 10 million.

(b1.) (5 points) Refer to the data in the above scenario. What is the size of the labor force in the United States for the given year?

(b2.) (5 points) Refer to the data in the above scenario. What is the unemployment rate in the United States for the given year?

7. (TCO G and H)

(a.) (15 points) Suppose your local Congress representative suggests that the federal government intervenes in the gasoline market to stop runaway price increases. Would you say that this view basically supports the Keynesian or the Monetarist school of thought? Why? What position would the opposing school of thought take on this issue? (Be brief — you can answer this in 2 or 3 brief paragraphs).

(b.) (10 points) Any change in the economy’s total expenditures would be expected to translate into a change in GDP that was larger than the initial change in spending. This phenomenon is known as the multiplier effect. Explain how the multiplier effect works.

(c.) (15 points) You are told that 90 cents out of every extra dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $20 billion

8. (TCO G)
(a.) (20 points) Third National Bank is fully loaned up with reserves of $20,000 and demand deposits equal to $100,000. The reserve ratio is 20%. Households deposit $5,000 in currency into the bank. How much excess reserves does the bank now have, and what is the maximum amount of new money that can be created in the banking system as a result of this deposit? Show all work.

(b.) (20 points) What is the discount rate in the banking system? Explain how the Fed manipulates this rate to achieve macroeconomic objectives

9. (TCO E and I) Let the exchange rate be defined as the number of dollars per British pound. Assume there is a decrease in U.S. interest rates relative to that of Britain.

(a.) (10 points) Would this event cause the demand for the dollar to increase or decrease relative to the demand for the pound? Why?

(b.) (10 points) Has the dollar appreciated or depreciated in value relative to the pound?

(c.) (10 points) Does this change in the value of the dollar make imports cheaper or more expensive for Americans? Are American exports cheaper or more expensive for importers of U.S. goods in Great Britain? Illustrate by showing the price of a U.S. cell phone in Britain before and after the change in the exchange rate.

 
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COMP 230 Final Exam (Set 3

http://www.devryexams.education/product/comp-230-final-exam-set-3/

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1. (TCO 7) The general syntax of an SQL select statement is _____.

2. (TCO 7) In a VBScript SQL Query statement, what Boolean operator can be used to test a set of conditions whereby all conditions must be true?

3. (TCO 7) What SQL clause is used in a VBScript program to determine the fields to be displayed in an SQL Query statement? 

4. (TCO 7) What SQL clause is used in a VBScript program to determine the Table or Tables to be accessed in an SQL Query statement?

5. (TCO 1) The name of the service that controls the queue of print jobs with the Windows NET command is _____.

6. (TCO 1) The NETSH command that will set the IP address of the interface name NIC to 192.168.100.10 255.255.255.0 with a metric of 1 is _____.

7. (TCO 1) The Windows CLI command that is used to display the extensions recognized as executable files is _____.

8. (TCO 1) The NETSH command that will set the IP address of the interface name NIC to a DHCP-supplied IP address is _____.

9. (TCO 6) To delete a file in VBScript, use the following command (assuming that fso is a Scripting.FileSystemObject).

10. (TCO 6) What WSH object is required for VBScript File I/O?

11. (TCO 6) To create a new file in a VBScript program, use the following command (assuming that fso is an instance of Scripting.FileSystemObject).

12. (TCO 2) What is an example of a string constant?

13. (TCO 2) Given the rules of operator precedence, what value would the variable contain after the following statement was executed? distance = 2 + 21 / 3

14. (TCO 2) What is an example of a numeric constant?

15. (TCO 2) String constants and _____ refer to the same concept

16. (TCO 2) What is the assignment operator?

17. (TCO 5) When a subroutine or function is useful, you may want to use it more than once within a program or in other programs. This concept is known as _____.

18. (TCO 5) Which one of the following is a feature of good program design?

19. (TCO 3) Only one of the relational expressions being evaluated must be true in order for the entire expression to be evaluated as true. The VBScript Boolean operator that defines this evaluation is _____.

20. (TCO 3) The VBScript Boolean operator AND is used to evaluate multiple conditions where _____.

21. (TCO 3) Which VBScript Boolean operator has the highest precedence?

22. (TCO 3) If you are asked to write a VBScript program that prints a list of books that have fewer than 30 pages and more than 100 pages. What type of Boolean Operator would you use?

23. (TCO 3) In VBScript, when you combine Boolean operators, the _____ operators take precedence, meaning their values are evaluated first.

24. (TCO 4) What is the issue with the following VBScript Do While loop?
count = 1
Do while count < 10
WScript.Echo count
count = count – 1

25. (TCO 4) How many times will the following VBScript Do While loop execute the loop body?

26. (TCO 4) When a variable is incremented by 1, _____.

27. (TCO 4) VBScript arrays are most efficiently processed using _____.

28. (TCO 4) The value of array subscripts are always _____.

1. (TCO 1) Write the Windows CLI commands that will Clear the screen; Turn off Command echo; and display the current IP address, Subnet Mask, and Default Gateway

2. (TCO 1) Write the Windows CLI NET commands that will turn the WORKSTATION service OFF and then ON

3. (TCO 2) Give the order of precedence for all of the arithmetic operators and the parentheses

4. (TC0 3) A movie theater manager says, “Provide a discount to patrons who are under 13 years old and those who are over 64 years old; otherwise, charge the full price.” Write the VBScript code that implements this logic. Assume the variables age and price and the constants DISCOUNT_PRICE and FULL_PRICE.

1. (TCO 4) Write the VBScript code that displays all of the integers stored in the array numArray(100) .

2. (TCO 5) Write a VBScript function called GetName( ) that prompts the user to input his or her name and returns the name value. Use the StdIn and StdOut streams for input and output

3. (TCO 6) Write the VBScript code that defines the Scripting.FileSystemObject and the file C:\Data\DataFile.txt for appending. Make sure the file will be created if it doesn’t exist, and ensure that the format is ASCII.

4. (TCO 7) Assuming that you are connected to a database called Computers.mdb with the fields Computer, Hostname Room_Num, CPU_Type, Num_CPUs, Bit_Size, OS_Type, Memory, and HDD_Size, write the SQL Query String sqlStr such that the fields Computer, Hostname, and CPU_Type will be displayed for all records CPU_Type is “AMD” and the Bit_Size is 64. The returned records should be sorted by Hostname

 
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COMP 230 Final Exa

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1. (TCO 7) The general syntax of an SQL select statement is _____.

2. (TCO 7) In a VBScript SQL Query statement, what Boolean operator can be used to test a set of conditions whereby all conditions must be true?

3. (TCO 7) The _____ in a table is the column that makes each record different from all others

4. (TCO 7) What task(s) are involved in designing a database table?

5. (TCO 1) Which of the following Windows commands will shutdown and restart the computer FileServer in 2 minutes?

6. (TCO 1) Which Windows shutdown command switch is used to shutdown and turn off a local or a remote computer?

7. (TCO 1) Which one of the following Windows NET commands options is not used to control services with the NET ?????ServiceName?

8. (TCO 1) The NETSH command that will set the IP address of the interface name NIC to a DHCP-supplied IP address is _____.

9. (TCO 6) The following VBScript statement will open a text file

10. (TCO 6) In creating a VBScript Scripting.FileSystemObject, you must start the code line with

11. (TCO 6) The following VBScript statement will open a text file.

12. (TCO 2) What is the problem with the following statement? average = (60 + 75) /100

13. (TCO 2) What is the multiplication operator?

14. (TCO 2) What is the assignment operator?

15. (TCO 2) What is the best choice for a variable name representing an interest rate

16. (TCO 2) If a variable holds the value “Ferrari,” what is its data type?

17. (TCO 5) In what way do VBScript named constants differ from variables?

18. (TCO 5) Variables declared in the main section of a VBScript program have what scope?

19. (TCO 3) What characters can be used to force operator precedence?

20. (TCO 3) What produces the same result as the following pseudocode?

21. (TCO 3) What VBScript Boolean operator could be used to replace the nested selection structure in this pseudocode?

22. (TCO 3) In VBScript, when you combine Boolean operators, the _____ operators take precedence, meaning their values are evaluated first

23. (TCO 3) A decision that is inside of another decision is known as a _____ decision

24. (TCO 4) What is the problem with the following VBScript Do While loop?

25. (TCO 4) The number of elements in an array is called the _____ of the array

26. (TCO 4) How many times will the following VBScript Do While loop execute the loop body?

27. (TCO 4) VBScript arrays are most efficiently processed using _____.

28. (TCO 4) In VBScript, the array declaration dim data(10) indicates the array data can have a maximum of _____ elements or components

1. (TCO 1) Write the Windows CLI commands that will Clear the screen; Turn off Command echo; and display the current IP address, Subnet Mask, and Default Gateway

2. (TCO 1) Write the Windows CLI NET commands that will turn the Spooler service OFF and then ON

3. (TCO 2) Write the VBScript code lines that define a constant TAXRATE that is 25%, a variable basePay that is $1000, and a variable bonusPay that is $500. Calculate the net pay, and assign that value to netPay. Then, calculate the taxes, and assign that value to taxWithheld

4. (TC0 3) Given the variables hoursWorked and payRate, write the VBScript code that will calculate grossPay such that all hoursWorked 40 will be paid at time and a half

1. (TCO 4) Write the VBScript code that uses a Do Until loop to display all of the integer values stored in the array numArray(100)

2. (TCO 5) Write a VBScript function called MaxNum that accepts two numbers and returns the largest to the two numbers

3. (TCO 6) Write the VBScript code that defines the Scripting.FileSystemObject and the file C:\Data\DataFile.txt for writing. Make sure the file will be created if it doesn’t exist, and ensure that the format is ASCII

4. (TCO 7) Assuming that you are connected to a database called Computers.mdb with the fields Computer, Hostname Room_Num, CPU_Type, Num_CPUs, Bit_Size, OS_Type, Memory, Speed and HDD_Size, write the SQL Query String sqlStr such that all the fields will be displayed for the records that indicate a speed less than two and a memory value less than four. The returned records should be sorted by Room_Num

 
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COMP 129 Final Exa

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1. (TCO 1) The HAL and executive services are elements of the __________.

2. (TCO 1) Information on installed hardware, software, system configuration, and current running programs can be accessed using ________.

3. (TCO 2) The ____ is a measure of resistance to electricity

4. (TCO 2) A system might have up to ____ types of ribbon cables

5. (TCO 2) When should a soft boot be used on your computer?

6. (TCO 3) What type of RAM do most motherboards use today?

7. (TCO 3) To help secure a computer, you can set a startup or “power-on” password so that the startup BIOS will ask for the password during the boot process. This password is stored in _______.

8. (TCO 3) The term form factor in regards to a motherboard refers to the ______ layout of the components on the board

9. (TCO 9) When you first purchase a notebook, make sure you have a ____ CD containing the installed OS so you can recover from a failed hard drive

10. (TCO 9) ____ let you specify which devices are to be loaded on startup for a particular user or set of circumstances

11. (TCO 9) What types of SO-DIMMS can NOT be used in a notebook PC?

12. (TCO 4) The sector on the disk drive that keeps track of the location of where the partitions are located is called the ___________.

13. (TCO 4) What is the minimum amount of RAM required for a Windows 7 installation?

14. (TCO 4) What is the minimum processor speed required for a Windows 7 installation?

15. (TCO 7) Normally, the name of the access point (called the ____) is broadcast so that anyone with a wireless computer can see the name and use the network

16. (TCO 7) This command allows you to find a NIC Card’s IP Address

17. (TCO 7) For dynamic IP addressing, if the PC cannot reach the ____ server, then it assigns itself an IP address.

18. (TCO 6) A _____ is a USB device replacing floppies as a means of transporting data from one computer to another

19. (TCO 6) The connector on a video card that has fifteen connectors in three rows is used for _____.

20. (TCO 6) Some storage devices use memory chips to store data instead of spinning disks. Examples include which of the following

21. (TCO 6) Another name for a FireWire port is ____ port

22. (TCO 5) A(n) ______ allows you to set up a second operating system without disturbing the existing operating system

(TCO 5) What is the minimum hard drive size for Windows Vista?

 
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ETHC 445 Final Exa

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1. (TCOs 2, 4, 5, 6) The idea that the assisted suicide of terminally ill patients should be allowed simply at the patient’s direction reflects what type of ethics?

2. (TCOs 1, 2, 7) What is the moral ideal of temperance?

3. (TCOs 1, 2) One of the common errors in Ethics is that of the hasty conclusions. Hasty conclusions consist of what?

4. (TCO 2)  Prescriptive language is commonly used in ethics for what reason?

5. (TCOs 7, 8)  Ethical Egoism proposes that all decisions should be made to promote what?

6. (TCOs 2, 4, 9) Free people are motivated toward forming social structures according to a social contract in order to overcome what problem identified by Thomas Hobbes?

7. (TCOs 3, 6) Agricultural biofuels are not properly a renewable source of energy in the environmental ethics debate. Which of the following also is not a renewable source of energy?

8. (TCOs 3, 6, 7)  The notion that the only thing good without qualification is a good will is attributed to whom?

9. (TCOs 8, 9) Which ethical concept is organized and directed toward following the greatest happiness principle?

10. (TCOs 3, 6, 7)  Syllogisms in formal deductive logic are called “valid” when:

11. (TCOs 1, 2) When choosing one course of action while working with a dilemma, the other courses of action are lost and become unavailable. This makes ethical choices in dilemma situations particularly what?

12. (TCOs 1, 2, 7)  What is the role of conscience as Thomas Aquinas sees it?

13. (TCOs 2, 8) The rule or principle to be applied in making decisions is an example of which kind of ethical discovery process?

14. (TCOs 1, 2, 5)  The Social Contract theorist whose troubled childhood was most clearly reflected in his theories was who?

15. (TCOs 3, 6, 7)  Kant’s concern that people choose to observe universal laws as their duty is expressed through what actions?

16. (TCOs 2, 7, 8)  Aristotle’s Ethics of Virtue have found modern application for business and industry through what practice?

17. (TCOs 2, 8)  Professional codes of conduct serve what function for business and industry?

18. (TCOs 2, 7)  Aristotle’s Ethical Doctrine of the Mean measured personal virtues on a scale that included the virtue itself, the excess of it, and the deficiency of it.

If the virtue is COURAGE and the deficiency is COWARDICE, what is the excess?

19. (TCOs 8, 9)  In personal or organizational conflict, what benefits accrue to all parties when a leader or consultant employees one of the ethical conflict resolution models of Week 6?

20. (TCOs 1, 2)  The Latin term a priori describes the origin of knowledge developed rationally, and the term a posteriori describes knowledge developed through observation and experience. What is an example of ethics is best described as discovered in an a postiori manner?

1. (TCOs 1, 2, 3, 7) In support of TCO #7 and in the Week 7 discussions, you developed and placed into the threaded discussions your personalized ethics statement of what has become important to you in the practice of ethics as you have practiced ethics during the course. Your first task in this question is to briefly present that personalized statement in just a few sentences before continuing with the question. Much of the rest of the exam will involve your working with that personalized statement through brief applications and cases.

Use your ethical philosophy to solve the following ethical situation. Explain how your philosophy helped you make your decision.

Should citizens have an ethical obligation to serve their country when it is at war? Under what circumstances, if any, is it ethical for a person to refuse to serve?

A significant number of people believe war is always wrong, and that no circumstances justify one nation’s taking up arms against another.  Is this view ethically sound? How about realistically?  Please state which side you agree with, and why. Explain and defend your position using your ethical position statement.

In answering, be sure to look at both sides of war: that is, a country defending itself against aggression and of a strong country coming to the aid of a weaker country that has been attacked unjustly.  Then, explain how your ethical philosophy affected how you answered this problem. (Points : 30)

2. (TCOs 1, 2, 7) Analyze the following ethical situation using YOUR ethical philosophy. Read the situation and then in your answer, explain why this is an ethical situation, what the “issues” are, and how an “ethical” person would resolve them.  Explain how YOUR ethical philosophy has helped you read a conclusion about how to resolve or analyze this situation.

Employees’ worth to their employers may diminish before they are eligible for retirement.  In such cases, the employer is faced with the dilemma of choosing between retaining an old and trusted yet unproductive worker for 5 or 10 more years, or firing that worker and jeopardizing his or her retirement benefits.

1.  Should an employer have an ethical obligation to keep such unproductive, but loyal employees?  What if the employee had been a problem his or her entire career? Are there certain circumstances where your answer to these questions would be different?

2.  What is the duty of an unproductive employee to his or her employer? Is there an ethical obligation to retire when productivity begins to wane? If a person is simply “coasting” for his or her last few years, is that person “unethical?” Be sure to explain your answer.

3. (TCOs 1, 7, 9) How do you feel St. Thomas Aquinas would have solved the above ethical situation differently or the same as you did using your philosophy? Please explain the reasons for the similarities or differences.

4. (TCOs 1, 2, 4, 9) A first-term junior senator has placed a bill before the Senate that promises to correct tax inequities that affect thousands of workers.  However, the bill is being held up in committee.  The senior senator who serves as Sub-Committee Chairperson is responsible.  The senator, however, has learned of a secret scandal in the Chairperson’s personal life.  The junior senator visits the Chairperson and tells him that unless the bill is released from committee, he will divulge the scandal to the press. The Chairperson then releases the bill from committee and it is passed—and becomes law.

Identify and tell what ethical philosophy the senior and junior senators are using, if any.

Now, use your ethical philosophy to analyze the situation.  Explain how, using your philosophy, you would have solved this situation either the same way as the characters in the situation did, or differently. Why?

5. (TCOs 5, 6) You work for a grocery store and a new manager is hired to oversee your department. He comes into your department (the butcher shop) and explains to you that for the past 6 months, your department has been losing money for the store because of the waste and spoilage going on from having to discard unsold meat and poultry. He tells you that from now on, he wants you to package ground meat in smaller, more compact packages, with older meat on the bottom of the package (so it is not visible to the customer) and the fresher meat on the top, where it is visible to the customers.  In this way, you can move more of the older meat and still receive the top dollar for it. As he leaves the department where you were having the discussion, he turns and says, “And by the way, one more month of losses like we had last month from this department, and you can kiss your job goodbye.”

Will you repackage the meat in the way he requested?

Why or why not? Explain what ethical analysis you used to come to this conclusion

6. (TCOs 6, 8) Analyze your answer above using the Front Page of the Newspaper ethical dilemma resolution model. Show your steps

 
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ECON 312 Final Exa

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1. An increase in aggregate demand is most likely to be caused by a decrease in

2. (TCO 5) The long-run aggregate supply curve is

3. (TCO 5) Which would most likely increase aggregate supply?

4. (TCO 5) Disinflation refers to a situation where

5. (TCO 6) If a family’s MPC is .7, it means that the family is

6. (TCO 7) Which definition(s) of the money supply include(s) only items which are directly and immediately usable as a medium of exchange?

7. (TCO 7) Which of the following “backs” the value of money in the United States?

8. (TCO 7) How many members can serve on the Board of Governors of the Federal Reserve System?

9. (TCO 7) Which group is responsible for the policy of changing the money supply?

10. (TCO 7) Other things being equal, an expansion of commercial bank lending

11. (TCO 7) During the financial crisis of 2007-2008, the FDIC increased deposit insurance coverage from

12. (TCO 7) Which monetary policy tool was created in response to the financial crisis of 2007-2008? (

13. (TCO 7) The Federal Reserve could reduce the money supply by

14. (TCO 8) Which of the following products is a leading import of the United States?

15. (TCO 8) The principal concept behind comparative advantage is that a nation should

16. (TCO 8) If a nation imposes a tariff on an imported product, then the nation will experience a(n)

17. (TCO 8) A key difference between import quotas and voluntary export restraints (VERs) is that the

18. (TCO 8) Tariffs and import quotas would benefit the following groups, except

19. (TCO 8) A major goal of the World Trade Organization is to

20. (TCO 9) French and German farmers wanting to buy equipment from an American manufacturer based in the U.S. will be

1. Remittances of Mexican workers in the U.S. to their families in Mexico are included in the U.S. balance of payments as a debit in the section on

2. (TCO 9) A trade deficit means a net

3. (TCO 9) If an American can purchase 40,000 British pounds for $90,000, the dollar rate of exchange for the pound is

4. (TCO 9) When the exchange rate between pounds and dollars moves from $2 = 1 pound to $1 = 1 pound, we say that the dollar has

5. (TCO 9) The monetary system for conducting international trade is usually described as a system of

6. (TCO 8) a) Explain four problems with the argument that trade protection is needed to protect American jobs.  b) Describe the economic reasons why businesses use offshoring

7. (TCO 6) a) Explain the tools used to pursue expansionary and contractionary fiscal policy.  During which phases of the business cycle would each be appropriate?  b) Explain what is meant by a built-in stabilizer and give two examples.

 
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COMP 230 Final Exam (Set 2

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1. (TCO 7) In an SQL Query statement used in a VBScript program, what Boolean operator can be used to test a set of conditions whereby any condition being true must test true?

2. (TCO 7) Which one of the following is a correct SELECT clause in a VBScript program for selecting the fields: FirstName and LastName and Age?

3. (TCO 7) What SQL clause is used in a VBScript program to determine the Table or Tables to be accessed in an SQL Query statement?

4. (TCO 7) Which one of the follows fields would be suitable as a primary key in a table that contains employee records?

5. (TCO 1) Which Windows shutdown command switch is used to log off the current user of the local computer?

6. (TCO 1) Which one of the following Windows NET commands will allow other computers to access the C:\Data directory under the share name UserData?

7. (TCO 1) From the Start/Run dialog, the command used to open the 32-bit Windows command prompt is _____.

8. (TCO 1) Which of the following Windows commands will shutdown and power down the computer FileServer in 2 minutes?

9. (TCO 6) What WSH object is required for VBScript File I/O?

10. (TCO 6) To evaluate whether a file exists or not before you overwrite it in VBScript, use the following command (assuming that fso is an object of type Scripting.FileSystemObject).

11. (TCO 6) The following VBScript statement will open a text file.

Set file = fso.OpenTextFile(“C:\Data\CustData.txt”, ForWriting) 

To open this file for writing, the value of ForWriting must be _____.

12. (TCO 2) Given the rules of operator precedence, what value would the variable contain after the following statement was executed? distance = 2 + 5 * 3

13. (TCO 2) What is an example of a numeric constant?

14. (TCO 2) What is the problem with the following statement? 75 = percent

15. (TCO 2) What is the best choice for a variable name representing a bank balance?

16. (TCO 2) What is the problem with the following statement? 65 = seniorAge

17. (TCO 5) What name is best suited to a function or subroutine that calculates overtime pay?

18. (TCO 5) A good example of a well-named constant is _____.

19. (TCO 3) What VBScript decision-making statement would be for a single condition and two alternative code blocks to be executed?

20. (TCO 3) What produces the same result as the following pseudocode?

21. (TCO 3) In VBScript, which relational operator is used to test for equality?

22. (TCO 3) Boolean expressions can have which outcomes?

23. (TCO 3) When using the _____ operator, both conditions must be true in order for the entire expression to be evaluated as true

24. (TCO 4) What is the issue with the following VBScript While loop?

25. (TCO 4) When a VBScript loop control variable is not altered during loop execution, a(n) _____ loop may result

26. (TCO 4) Which VBScript statement represents incrementing the loop counter variable called count?

27. (TCO 4) When a variable is incremented by 1, _____.

28. (TCO 4) What is the term used to represent individual items in an array?

1. (TCO 1) Write the Windows CLI commands that will Clear the screen; Turn off Command echo; and display the current IP address, Subnet Mask, and Default Gateway

2. (TCO 1) Write the Windows CLI command that will shutdown and restart your computer in 2 minutes with the message “Restart in 2 Minutes!!”

3. (TCO 2) Write the VBScript code lines that perform the following tasks: Define a variable name that is initialized to “John Doe” and a variable age that is initialized to 35. USING THESE VARIABLES, display the following message: “Your name is John Doe and your age is 35.”

4. (TC0 3) Given the variables hoursWorked and payRate, write the VBScript code that will calculate grossPay. Keep in mind that any hours worked over 40 are paid at time and a half.

5. (TCO 3) Write the VBScript code that implements this logic. Given the numeric variable age, display the message “You are a Senior” if age is greater than or equal to 65, otherwise display the message “You are not a Senior”.

1. (TCO 5) Write a VBScript function called MaxNum that accepts two numbers and returns the largest to the two numbers

2. (TCO 6) Write the VBScript code that will delete the file C:\Data\DataFile.txt using a Script.FileSystemObject, but do this only if the file exists.

3. (TCO 7) Assuming that you are connected to a database called Computers.mdb with a table called Inventory with the fields Computer, Hostname Room_Num, CPU_Type, Num_CPUs, Bit_Size, OS_Type, Memory, and HDD_Size. Write the SQL Query String sqlStr such that the fields Computer, Room_Num, and OS_Type will be displayed for the records that indicate an OS_Type of “Fedora 10” or “Windows XP.” The returned records should be sorted by OS_Type.

 
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COMP 220 Final Exa

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1. (TCO 1) Assume you have the following declaration.
int beta[50];
Which of the following is a valid element of beta?

2. (TCO 1) Consider the following statement.
double alpha[10][5];
The number of components of alpha is ____.

3. (TCO 1) Consider the following declaration.
int j;
int sum;
double sale[10][7];
Which of the following correctly finds the sum of the elements of the fourth column of sale?

4. (TCO 1) Which of the following correctly declares and initializes alpha to be an array of 4 rows and 3 columns with the component type int?

5. (TCO 1) What is the value of alpha[4] after the following code executes?

6. (TCO 1) Assume you have the following declaration.
char nameList[100];
Which of the following ranges is valid for the index of the array nameList?

7. (TCO 2) The member functions of a class should usually be _____.

8. (TCO 2) Consider the following.
bool clockType::equalTime(const clockType&) const {…}
void clockType::getTime(int&, int&, int&) const {…}
The word ____ at the end of the member functions in the class clockType specifies that these functions cannot modify the member variables of a clockType object

9. (TCO 2) Consider the following class definition.
class rectangleType
{
public:
void setLengthWidth(double x, double y);
//Postcondition: length = x; width = y;
void print() const;
//Output length and width;
double area();
//Calculate and return the area of the rectangle;
double perimeter();
//Calculate and return the parameter;
rectangleType();
//Postcondition: length = 0; width = 0;
rectangleType(double x, double y);
//Postcondition: length = x; width = y;
private:
double length;
double width;
};
And consider this object declaration.
rectangleType bigRect(14,10);
Which of the following statements is correct?

10. (TCO 2) Consider the following class definition.

class circleType
{
public:
void set(double r);
//Postcondition: radius = r;
void print();
//Output radius, area, and circumference.
double area();
//Postcondition: Calculate and return area.
double circumference();
//Postcondition: Calculate and return circumference.
circleType();
//Postcondition: radius = 0;
circleType(double r);
//Postcondition: radius = r;
private:
double radius;
};

And consider this declaration.

circleType myCircle;
double r;

Which of the following statements is valid in C++?

(i)
cin >> r;
myCircle.area = 3.14 * r * r;
cout

(ii)
cin >> r;
myCircle.set(r);
cout

1. (TCO 2) Consider the following class definition.

class rectangleType
{
public:
void setLengthWidth(double x, double y);
//Postcondition: length = x; width = y;
void print() const;
//Output length and width;
double area();
//Calculate and return the area of the rectangle;
double perimeter();
//Calculate and return the parameter;
rectangleType();
//Postcondition: length = 0; width = 0;
rectangleType(double x, double y);
//Postcondition: length = x; width = y;
private:
double length;
double width;
};

Which of the following class-variable declarations is correct?

2. (TCO 2) Suppose you have the following UML class diagram of a class

3. (TCO 2) Consider the following declaration.

class myClass
{
public:
void print();
private:
int x;
};
myClass myObject;

Which statement is legal?

4. (TCO 3) Composition is when one or more members of a class are _____.

5. (TCO 3) Composition, like inheritance, demonstrates what software-development advantage of object-oriented programming?

6. (TCO 3) What is the correct statement for declaring an array of 10 objects of ClassB?

7. (TCO 3) Which is a true statement about classes and structures?

8. (TCO 4) A derived class can redefine _____.

9. (TCO 4) Which of the following is true about a derived class?

10. (TCO 4) Which of the following base class members is never inherited by a derived class, regardless of access attributes?

1. (TCO 4) Which of the following base class members is never inherited by a derived class, regardless of access attributes?

2. (TCO 4) Single inheritance means _____.

3. (TCO 4) If inheritance is private, then _____.

4. (TCO 5) If p is a pointer variable of type int, and num is an int variable, what is the result of the statement p = &num;?

5. (TCO 5) Given the definition of a class called Employee, which of the following correctly dynamically allocates an array of 20 Employee objects?

6. (TCO 5) Which of the following statements correctly allocates space to store 15 real numbers?

7. (TCO 5) If p is a pointer, which statement uses the pointer and then increments it?

8. (TCO 6) The operator>>() function overloads the ____ operator.

9. (TCO 6) What is the difference between a friend function and a member function of the class?

10. (TCO 6) Which of the following statements is true for the C++ language?

11. (TCO 6) If you overload the binary arithmetic operator + as a member function, how many objects must be passed as parameters?

12. (TCO 7) Overriding a base-class member function with a derived member function demonstrates the concept of _____.

13. (TCO 7) If the class Shape is an abstract class, what type of variable may be declared of the type Shape?

14. (TCO 7) Consider the following class definitions

class Employee { };
class Boss : public Employee { };
class Worker : public Employee { };

Which class(es) should declare the function as virtual if all three classes have a member function double CalculateEarnings();?

15. (TCO 7) If a destructor of a base class is made virtual, then _____.

16. (TCO 7) Another definition for dynamic binding is _____.

17. (TCO 8) Which is not a preprocessor directive statement?

18. (TCO 8) Which preprocessor directive essentially inserts another file into your source file?

19. (TCO 8) All preprocessor directives begin with a(n) ___.

20. (TCO 8) In a multifile, object-oriented, C++ project, which is the correct statement for the constructor implementation, given that the constructor is correctly defined in the class definition file?

1. (TCO 1) Given the following array declaration and program statement, describe–in detail–the condition and what potential problems could occur if a program containing both was compiled and executed.

int array[5][4] = {0};
array[4][4] = 5;

2. (TCO 2) Explain the basic C++ syntax for creating a class. Include an explanation of the private and public section of a class and the class members. Include a code segment to illustrate your answer.

3. (TCO 3) Using a personal computer as a base model, write a C++, syntactically correct class definition demonstrating composition. In the class definition, include at least the following three items that are common to a PC: a CD drive, a hard disk drive, and a power supply. You are not required to include any constructors, destructors, or additional member functions; you are only required to list the members that directly show composition and the proper access attributes

4. (TCO 4) If a class is derived protected from a base class, explain how this affects the inheritance of all the public, protected, and private members of the base class by the derived class

5. (TCO 5) Describe what a memory leak is and why it could cause problems

.6. (TCO 6) Assume that three objects of the class Inductor have been instantiated: L1, L2, and L3. Write the overloaded operator prototypes that would be required to perform the following operation. You are only required to write the prototypes, not the implementation code.

L3 = L1 + L2;

7. (TCO 7) Define what is meant by the term run-time binding, and list two other terms that are also used to describe it.

8. (TCO 8) Describe and define what the preprocessor statement is, how it is used, what part of the development environment it interacts with, and provide a syntactically correct example that describes what it does

 
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CIS 407 Final Exam (Set 2) – most recent final exam for CIS40

http://www.devryexams.education/product/cis-407-final-exam-set-2-most-recent-final-exam-for-cis407/

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1. (TCO 1) In order to design Web forms in Visual Studio.NET, we use the _______.

2. (TCO 1) Many of the Web server controls have a _______ menu, which allows developers options to perform common tasks and settings

3. (TCO 1) The starting page for the website can be changed by

4. (TCO 2) _______ allow users to select controls by keyboard shortcuts

5. (TCO 2) You can use the _________ to specify the maximum amount of characters that can be entered in a textbox

6. (TCO 2) The CheckedChanged Event for a radio button occurs _________.

7. (TCO 3) You can use _________ to track the state of each user in the application

8. (TCO 3) The ________ control displays the navigation as menu options

9. (TCO 3) _________ variables are maintained while the browser is opened

10. (TCO 4) To create anSQLDataSource from the Designer, developers can _______

11. (TCO 5) ________ is the ability for the GridView to display data one page at a time.

12. (TCO 5) The ________ layer is used to contain the data for the application

13. (TCO 6) Transaction objects in .NET contain methods to _______.

14. (TCO 6) _________ starts the transaction process

15. (TCO 6) _________ reverts the changes in the database

16. (TCO 6) _________, in transaction processing, means that managed resources survive failures

1. (TCO 7) You need ________ in order to add one or more Views to a control

2. (TCO 7) A _________ control can be implemented to allow users to step through a process

3. (TCO 7) The _________ part of ASP.NET Web pages can contain a combination of Web controls, user controls, and HTML syntax

4. (TCO 9) SMTP sends e-mails in _______ format

5. (TCO 9) A _______ is a web page that can be easily customized by users

6. (TCO 9) The ________ file controls the configuration of the ASP.Net Web application.

7. (TCO 1) An absolute URL is _______.

8. (TCO 1)When you bind a dropdown list to a data grid, the system will

9. (TCO 1) A _________ is a website that is located on your local computer

10. (TCO 2) You can use the _________ to specify the maximum amount of characters that can be entered in a textbox

11. (TCO 2) The CheckedChanged Event for a radio button occurs _________.

12. (TCO 2) The Rows and SelectionMode properties apply to _______.

13. (TCO 3) You can use ________ to track the state of each user in the application

14. (TCO 3) ________ values are stored in the memory of the ASP.NET process

15. (TCO 9) In IIS, you can create a _____ directory, which points to a location other then the directory you create for the project

1. (TCO 1) Describe three components found in the Application Layer

2. (TCO 2) Describe one method for addressing security issues when designing web forms for the Presentation Layer of an N-Tier Architecture

3. (TCO 3) Describe the ASP.NET session state object and give one example of what it can be used for in a web application

4. (TCO 4) Explain why it is preferred to use typed rather than untyped datasets

5. (TCO 5) Describe the three primary classes (not namespaces but classes which are instantiated) used to retrieve data from a database through .NET

 
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