FIN307 QUIZ3

Q: All of the following are methods used by insurance companies to reduce objective risk except:
A: safety education programs.

Q: A person who saves money for the future by buying a whole life policy
A: is able to accumulate tax-free interest earnings on cash values.

Q: Insurance companies have to deal with the concept of adverse selection, which is
A: high-risk persons are more likely to purchase insurance.

Q: Life insurance companies tend to be larger than casualty insurance companies because of
A: the long-term, accumulative nature of whole life policies.

Q: A person who saves money for the future by buying a whole life policy
A: is able to accumulate tax-free interest earnings on cash values.

Q: The post WWII international monetary agreement that was developed in 1944 is known as the
A: Bretton Woods Agreement

Q: A Singapore bank loan to a Vietnamese manufacturer payable in dong (the Vietnamese currency) accepts which risks?
A: all of the listed choices

Q: International participation loans is a method of reducing the ............. risk of an international lender.
A: credit

Q: Which of the following does not cause country risk to increase?
A: elimination of currency controls.

Q: Which one of the following combinations of pension terms offers the greatest protection for the future retiree?
A: insured, fully funded, vested

Q: In its absolute version, purchasing power parity states that price levels worldwide should be ................ when expressed in a common currency.
A: equal

Q: If the cost of yen per dollar changes from 100 to 110 yen per dollar,
A: The dollar has appreciated against the yen.

Q: Purchasing insurance may alter the behavior of the insured and is known as
A: moral hazard and adverse selection.

Q: Which one of the following economic conditions is best suited for the sale of whole life contracts?
A: low inflation (3%) with stable economic growth (4%)

Q: A noninsured pension plan will
A: be managed by an appointed trustee to invest funds contributed for the benefit of future pensioners.

Q: A bank's international loan diversification is enhanced if the historic realised rates of return on loans from loan applicant, Country A, have
A: a negative correlation with the loan returns on the bank's international loan portfolio.

Q: The largest amount of pension assets are associated with
A: trusteed, private pension funds.

Q: All of the following are techniques reducing credit risk in international lending except
A: making floating-rate loans as opposed to fixed-rate loans.

Q: Under the classic gold standard, if prices began rising in the U.S.
A: gold would flow out of the U.S. and the U.S. money supply would drop

Q: Differentiate between public and private pension funds. Private pension plans are
A: pensions provided by and to non-governmental, private sector businesses, organisations, and their workers.

RESULTS: 95/100

BUS206 Quiz3

Q: The following are all examples of performance based philosophy in compensation except:
A: Cost of living expenses only

Q: The advantages of recruiting from external sources are expressed by all of?the following, except:
A: There may not be a good fit

Q: Job and technical training may include all the following, except:
A: Performance management

Q: Which of the following is not one of the challenges facing HRM:
I. The outsourcing of non-core activities to external suppliers
II. Racial and ethnic diversity in the workforce
III. The need to provide more family friendly facilities near work places
IV. HR playing the role of an employee advocate in organizations
A: All the listed choices

Q: In a hotel, training to excel in service delivery is an example of:
A: Technical training

Q: Managing diversity and the regulations on the hiring of foreign workers is part of which HRM activities?
A: Legal framework and practices

Q: As you explain concepts of training and developement, you would say that an effective measure of development in organizations is that:
A: There is a strong possibility of promotion from within the organization

Q: The following are all HR selection responsibilities except:
A: Make a final selection decision

Q: The quality of applicants recruited can be evaluated by all of the following measures except:
A: The cost of testing and background checks

Q: The "Big Five" personality framework of agreeableness includes all of the following traits except:
A: Sociable - SEE PAGE 301 FIGURE 8-7

Q: One limitation of using the Internet for recruiting is:
A: some applicants are concerned with privacy issues

Q: When managing employee relations which of the following is false?
A: Employees' statutory rights are based on a specific contract with an employer

Q: Preparing a defense against wrongful dismissal charges brought by employees include all the following except:
A: Informing top management - SEE PAGE 346 FIGURE 16-2

Q: The following statements are all true about the development of employees except:
I. It builds employee capabilities and competencies
II. It covers areas such as leadership and decision making
III. Employees are prepared for bigger challenges
IV. Employees are able to apply specific techniques and processes in their jobs
V. It enables employees to see the big picture in organizations
A: IV only

Q: Which of the following are the strategic recruiting decisions in an organization:
I. Recruiting presence and image
II. Recruiter training
III. Flexible vs. regular staffing
IV. Fair employment considerations
V. Recruiting source choices
A: All the listed choices

Q: A case study interview is an example of a:
A: Structured interview

Q: The following are all part of the performance and talent management component of total rewards except:
A: Educational assistance - SEE PAGE 330 FIGURE 12-1

Q: Creating an intolerable working condition for employees in order to get them to resign is known as:
A: Constructive discharge

Q: Testing the selection criteria to predict future performance of new candidates is known as:
A: Predictive validity

Q: Which of the following is not a characteristic of a performance compensation philosophy?
A: Compensation based only on industry comparisons

RESULTS: 90/100

FIN307 QUIZ2

Q: Mutual fund companies provide all but one of the following to their customers:

A: insurance

Q: Which of the following is least affected by an individual customer's profile?

A:nonprice adjustments

Q: Full-serviced brokerage service includes

A: execution of trades, investment advice, and margin credit

Q: Real estate investment trust are ..... investment companies that tend to prosper

A:  closed-end; interest rates are low

Q: Hedge funds are typically organised as

A: corporations

Q: Innovation around regulation followed by new regulation to offset the innovation is
A: regulatory dialectic

Q: The rapid growth of real estate investment trusts seems to be associated with
A: all of the listed choices

Q: Which of the following mutual fund types is likely to have the highest risk exposure?
A: aggressive growth funds

Q: Bank failures are considered to be more important to the economy because
A: failure of a single bank induces fear about the solvency of other banks

Q: Appraise the operations of commercial banks. Small banks tend to have a greater proportion of operating income from ....., and a greater proportion of .... expense.
A: provision for loan losses; securities

Q: The price of a mutual fund share is
A: the net asset value or the value of assets divided by shares issued

Q: One of the main distinctions between Banks and other corporations is that
A: Banks have high proportion of fixed asset

Q: Mutual funds that do not charge a front-end load can still impose a ..... that must be paid by investors who redeem their shares.
A: all of the listed choices

Q: One may find the shares of the following traded on the national exchanges?
A: closed-end investment company

Q: In an underwritten offer, the risk is borne by
A: an investment banker

Q: Which of the following is true about private placement?
A: All of the listed choices are true

Q: Risk-based capital ratios measures are associated with which of the following bank risks?
A: credit risk

Q: Which of the following is not the difference between hedge funds and mutual funds?
A: Unlike mutual funds, hedge funds are managed by professional fund managers

Q: A speculating bank,which is estimating increases in interest rates, would position itself with a ..... maturity GAP.
A: positive

Q: All but one of the following is more associated with the level of a bank's base lending rate:
A: the federal reserve discount rate

RESULTS: 75/100

BUS206 QUIZ2

Q: In the stages of team development, the norming stage comes:
A: Before performing and after the storming stages

Q: Which of the following is an example of the extinction reinforcement tool?
A : not assigning major projects to an employee who had frequently missed deadlines

Q: Teams become dysfunctional when there is:
A: A presence of disagreement and challenges

Q: The competing style of conflict management requires:
A: a high level of assertiveness and low level of cooperativeness

Q: In Maslow's hierarchy of needs, the belongingness needs fulfil one of the following:
A: strong relationships with family, friends, community groups

Q: Organisational structures influence how, and at what level, decisions are made in organizations. Which of the following statements is true?
A: Small and medium size organizations are likely to adopt centralized decision making

Q: A horizontal team structure is a type of:
A: Functional teams

Q: Line authority is all the following except:
A: Staff specialists providing advice and recommendations

Q: Factors determining the span of control in organizations include all of the following except:
A: The organization culture

Q: Which of the following is not a feature of cross-funtional teams?
A: Organization as a central hub surrounded by network of specialists

Q: To effectively control an organization, managers:
A: All of the listed choices

Q: Which of the following statements best describes continuous improvement as a TQM technique?
A: There is no end to the process

Q: Which of the following is not one of the common methods for reducing a perceived inequity?
I. Do nothing
II. Reduce the amount of effort
III. Request for a higher salary or promotion
IV. Leave the company
V. Distort others' rewards
A: III only

Q: An organization structure is all of the following except:
A: Organizational culture established and maintained by the CEO

Q: The scalar principle refers to:
A: Drawing a clearly defined line of authority in the organization that includes all employees

Q: Bottom up budgeting is an example of:
A: Decentralized control

Q: A team has all of the following attributes except:
A: Shares or rotates leadership roles

Q: Accountability is where:
A: Authority and responsibilities go hand in hand

Q: All of the following statements on open book management are true except:
A: It is based on methods defining explicit policies, procedures and rules

Q: In the feedback control model which of the following is applicable:
I. Leadership traits
II. The organization structure
III. The organizational culture
A: None of the listed choices

RESULTS : 80/100