GLO-BUS Quiz 2 -with verified answers-2022

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The highlighted red answers are the ones that are correct. The simplest way of navigating through this document is to press find and put down a very unique quote from the question on GB. For example t... o find the answer for the question below would be the find the quote “companies can expect to sell”. Make sure it is 100% the same question and answers and you will do very well on this quiz. Some questions have similar wording and the question may be further down the document. Another way to navigate the document is via the answers. I strongly suggest though that before you actually do the quiz, just skim through the questions and familiarize yourself with the answers as there is a time limit when you actually do the quiz. GB Quiz 2 is substantially harder than Quiz 1, this quiz also brings about the introduction of what I view as “concept” questions. These are questions that can be asked in several different ways, but is more or less the same concept. For example exchange rate questions are important in testing your knowledge in GB, and they can be asked in a variety of different ways. For some of the questions that can be conceptualized in different ways I have written a few notes that helped me figure out the answer when I encountered it in another form and it is usually those balance sheet questions because GB is very particular (sometimes illogical) in how they calculate their values. Make sure that the question you are answering is EXACTLY the question in the quiz bank. Some questions look very similar. If you find the odd quiz Answers that isn’t in the bank, feel free to send them in. According to explanations provided on the Help screens for the Production Cost Report, if a company pays a PAT member a $24,000 annual compensation package, utilizes no overtime, employs 200 PATs, spends $1,500 per quarter for training and productivity improvement for each PAT, incurs no severance expenses, and has annual PAT productivity of 12,000 cameras, then the company's in-house labor cost per camera assembled at regular time (no use of overtime) would be $8.67 $8.50 $8.00 $2.00 None of these According to the depreciation rates used by the company and described in the Production Cost Report, if a company adds 55 new workstations at a cost of $250,000 each and also spends $5 million for an addition to its assembly plant to accommodate the new workstations, then its annual depreciation costs will rise by CONTINUED........ [Show More]

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