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NEW QUESTION: 1
When applying value chain analysis, a firm sends its production manager to visit the operations of its
major supplier in an attempt to determine if there are cost-savings capabilities that could be implemented
at the supplier's warehouse. The firm is performing which form of value chain analysis?
A. Internal differentiation analysis.
B. None of the above.
C. Internal costs analysis.
D. Vertical linkage analysis.
Answer: D
Explanation:
Choice "c" is correct. Analyzing the vertical linkage of a firm means understanding the activities of the
suppliers and buyers of the product and determining where value can be created external to the firm's
operations.
Choices "a", "b", and "d" are incorrect, per the above Explanation: .
NEW QUESTION: 2
Which form of the "FROM" clause will search only the current version of the "SOP" type?
A. CURRENT SOP
B. SOP (ALL)
C. SOP
D. SOP (CURRENT)
Answer: C
NEW QUESTION: 3
Which of the following objects can be used to derivate segments automatically?
A. Functional area
B. Cost center
C. Profit center
D. G/L account
Answer: C
NEW QUESTION: 4
Ari Gaunt is a registered agent employed by Small &Associates Broker-Dealers. He has been notified of a
hearing regarding the revocation of his license for making unauthorized trades on some of his clients'
accounts. Which of the following statements is necessarily true?
A. The Administrator of the state can assess Ari with both civil and criminal penalties.
B. If Ari is found guilty and has his license revoked, Small & Associates will have its license revoked as
well and must reapply for reinstatement by filling out an application and paying the requisite filing fees.
C. If Ari is found guilty and has his license revoked, he can appeal the decision in a court of law if he files
the appeal within sixty days.
D. If Ari is found guilty and has his license revoked, Small & Associates will be subject to a fine.
Answer: C
Explanation:
If Ari is found guilty of making unauthorized trades on his clients' accounts and has his
license revoked, he can appeal the decision in a court of law if he files the appeal within sixty days. Small
& Associates license is not in danger as long as the firm has been providing competent supervision of Ari
and its other agents. It will not be required to pay a fine based on Ari's fraudulent activities. Ari may end
up with civil and criminal penalties, but the Administrator cannot assess them. Only a court of law can do
that.
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712-50 Exam Topics
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