All of the following are external users of accounting information except:

A. Chief executive officer (CEO).
B. Customers.
C. Lenders.
D. Shareholders.
E. Board of directors.


Answer: A

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On January 1, 2016, a corporation had 10,380 shares of common stock outstanding, and on June 1, it reacquired 6,000 shares. Despite a net loss for the year of $180,000, the company declared and paid cash dividends of $24,000 and $28,000 on common and preferred stock, respectively. What was the earnings per share for 2016?

A) ($33.72) B) ($30.23) C) ($22.10) D) ($18.60)

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3GLs are significantly less procedural than 4GLs.

Answer the following statement true (T) or false (F)

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Brand loyalty refers to

A. the faith that other products manufactured by the same company with the same brand name will be of the same quality. B. the group of brands that a consumer would consider acceptable from among all the brands in the product class of which he or she is aware. C. a formalized agreement of a vendor to carry one brand over another because it views the quality of that brand to be superior to all others. D. a favorable attitude toward and consistent purchase of a single brand over time. E. the willingness of consumers to try a new brand in a brand line based upon their satisfaction with other brands in the line.

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Which activity should be crashed to reduce the project completion time by one day?

A) E B) B C) C D) D

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