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AEPA Business Education (NT309): Help & Review Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. Kevin wants to file bankruptcy. He's the married father of three college-aged children. Kevin's family owns several assets including three cars and two houses. Between Kevin and his wife, the family makes an income of approximately $300,000. Their overall debt is over $1 million, with more than half of that in unsecured debt like credit cards and medical bills. Kevin will likely use _____ while filing for bankruptcy.

Question 2 2. How does the implementation of the right to redress differ from the remaining consumer rights?

Question 3 3. Many people would agree that the following practices are unethical, but which one is actually illegal?

Question 4 4. What are the three elements of the corporate social performance model?

Question 5 5. What are some typical reports that can be run using computerized accounting software?

Question 6 6. Identify the person that performs the financial statement audit?

Question 7 7. Using the image of the balance sheet, what is this company's current ratio?

Question 8 8. What is the acquisition price of inventory called?

Question 9 9. A house has an appraised value of $600,000. If the property tax is 8 percent, calculate the property tax.

Question 10 10. Calculate the effective annual rate for an interest rate of 10 percent with calculations done on a monthly basis:

Question 11 11. Billy received a claim against his health insurance in the mail in the amount of $4,910. This is the first claim against his health insurance for the current calendar year. His deductible is $3,000, his coinsurance is 20%, and his premium is $200. What will Billy end up paying on this claim?

Question 12 12. Which type of retirement plan is a large company most likely to offer today?

Question 13 13. During the first four Summer Olympic games attended by the United States, these medal counts were awarded. If there is an outlier, identify it from the number of medals won during these Olympic Games.

Question 14 14. Which of the following is an example of a real-world index number?

Question 15 15. What can you expect to happen when you have seven birds?

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AEPA Business Education (NT309): Help & Review Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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