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Sample Exam

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SAMPLE EXAMINATION

The purpose of the following sample examination is to provide an example of what is provided on exam day by ASQ, complete with the same instructions that are provided on exam day. The test questions that appear in this sample examination are retired from the CSSBB pool and have appeared in past CSSBB examinations. Since they are now available to the public, they will NOT appear in future SSBB examinations. This sample examination WILL NOT be allowed into the exam room. Appendix A contains the answers to the sample test questions. ASQ will not provide scoring and analysis for this sample examination. Remember: These test questions will not appear on future examinations so your performance on this sample examination may not reflect how you perform on the formal examination. A self-appraisal of how well you know the content for the specific areas of the body of knowledge (BOK) can be completed by using the worksheet in Appendix B. On page 2 of the instructions, it states “There are 150 questions on this 4-hour examination.” Please note that this sample exam only contains 75 questions.

If you have any questions regarding this sample examination, please email cert@asq.org © 2009 ASQ ASQ grants permission for individuals to use this sample examination as a means to prepare for the formal examination. This examination may be printed, reproduced and used for non-commercial, personal or educational purposes only, provided that (i) the examination is not modified, and (ii) ASQ’s copyright notice is included. The user assumes all risks of copyright infringement.

THIS PAGE WAS LEFT BLANK INTENTIONALLY

NAME____________________________________

CERTIFIED SIX SIGMA BLACK BELT
Please print your name above. Read all the instructions before beginning the examination. If you are unsure about any part of the instructions, consult your proctor. In order for ASQ to be able to properly scan the Scantron answer sheet you must completely fill in the circle. Each circle must be filled in dark enough for the scanner to properly pick up the answer you chose. If not this could result in the exam not being scored correctly, or potentially delay your results. General Instructions All answers must be recorded on the Scantron Answer Sheet; no exam will be graded with the answers marked in the exam booklet. 1. Using a soft lead pencil (#2 or softer) only, blacken the circle of the correct answer. Do not use ink. If you change your answer, be sure to erase the previous answer completely. 2. 3. 4. 5. Each question has ONE correct answer only. This is a timed test, so do not linger over difficult questions. Instead, skip the questions that you are unsure of and return to them if you have time when you reach the end of the test. Do not fold, staple, or tear the answer sheets. Although this is an open-book examination and personally generated materials/notes from training or refresher courses are allowed, the following conditions apply: • • Each examinee must make his/her reference materials available to the proctor for review. Absolutely no collections of questions and answers or weekly refresher course quizzes are permitted. Reference sources that contain such copy are not allowed unless the questions and answers are removed or obscured. Examples of such sources include but are not limited to refresher and preparatory primers. Calculator Policy: With the introduction of palmtop computers and the increasing sophistication of scientific calculators, ASQ has become aware of the need to limit the types of calculators that are permitted for use during the examinations. Any silent, hand-held, battery-operated calculator WITHOUT an alphabetic keyboard will be permitted. However all programmable memory must be cleared from the calculator before you enter the exam room. The examination is written so that a simple calculator will be sufficient to perform all calculations. No laptop or palmtop computers are allowed. Reference materials and calculators may not be shared.



• • 6.

When you have finished, check your answer sheet to be sure it is properly identified with your name and member number. Return your examination booklet, answer sheet, and scratch paper to your proctor. You must sign the roster sheet to signify the return of your test booklet. It is strictly forbidden to copy or remove examination materials. You will be disqualified from the examination and not certified by ASQ if you breach this trust. TEST Results – you can check your test results 7 – 10 days after the exam date by logging into www.asq.org website and navigating to the Certification webpage. Otherwise, your exam results will be mailed in approximately two weeks. Please Be Patient we do not answer telephone requests for results

7. 8.

Special Instructions 1. Please note that your answer sheet has been personalized with your name, member number, section number, and test type. 2. Do NOT make any changes to these parts of the answer sheet. Doing so will only delay your exam results. Notify the Proctor of any changes. 3. If you don’t have a personalized answer sheet, see your Proctor for further instructions. 4. There are 150 questions on this 4-hour examination. Please check that you have the correct number of questions.

STOP DO NOT CONTINUE UNTIL INSTRUCTED

CSSBB-SAMPLE EXAM CERTIFIED SIX SIGMA BLACK BELT Test

Directions: Each of the questions or incomplete statements below is followed by four suggested answers or completions. Select the one that is best in each case and then fill in the corresponding space on the answer sheet.

1. Which of the following tools should be used when a team is generating and prioritizing a list of options that include highly controversial issues? (A) Brainstorming (B) Affinity diagrams (C) Nominal group technique (D) 5 whys 2. The primary factor in the successful implementation of six sigma is to have (A) the necessary resources (B) the support and leadership of top management (C) explicit customer requirements (D) a comprehensive training program 3. Which of the following tools would be most appropriate for collecting data to study the symptoms of a problem? (A) Check sheet (B) Flow diagram (C) Force-field analysis (D) Activity network diagram 4. Positional, cyclical, and temporal variations are most commonly analyzed in (A) SPC charts (B) multi-vari charts (C) cause and effect diagrams (D) run charts

5. The most important aspect of functional requirements is that they (A) describe a single, measurable performance (B) describe how a product or service should operate (C) be traceable to the voice of the customer (D) provide upper and lower performance limits 6. Which of the following control charts is most appropriate for monitoring the number of defects on different sample sizes? (A) u (B) np (C) c (D) p 7. Which of the following is most important in evaluating and understanding design intent? (A) Identifying the functional requirement (B) Brainstorming failure modes (C) Conducting computer simulations (D) Developing FMEA 8. If a process follows an exponential distribution with a mean of 25, what is the standard deviation for the process? (A) 0.4 (B) 5.0 (C) 12.5 (D) 25.0

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CSSBB-SAMPLE EXAM

9. Which of the following activities is value-added? (A) Setup (B) Process (C) Storage (D) Inspection 10. A black belt plans to test the performance of workers before and after training. Which of the following hypothesis tests should be used to determine whether the training actually improved the workers’ performance? (A) 2-sample z test (B) 2-sample t test (C) Paired t test (D) F test 11. The purpose of using control charts is to (A) determine if the process is performing within specifications (B) evaluate process performance over time (C) determine how to recreate the process (D) detect the causes of nonconformities 12. Data being used in the initial set-up of a process are assumed to have a normal distribution. If the nominal (target) is set at the center of the distribution, and the specification limits are set at ±3σ from the center, then the Cpk is equal to (A) –0.25 (B) 1.00 (C) 1.33 (D) 1.67 13. Which of the following is defined as continuous, incremental improvement? (A) Kanban (B) Kaizen (C) JIT (D) Kaikaku

14. To assess the significance of factors in either a fractionalor a full-factorial experiment structure, a black belt can use (A) analysis of variance (ANOVA) (B) fault tree analysis (FTA) (C) failure mode and effects analysis (FMEA) (D) evolutionary operation (EVOP) 15. Which of the following performance measures is most appropriate for evaluating the tangible effects of a six sigma project? (A) Cycle time (B) Team member absentee rate (C) Employee morale (D) Unsolicited compliments from customers 16. Which of the following is the best way to enhance the long-term availability of a machine? (A) Machine repair (B) Total productive maintenance (C) Computerized SPC systems (D) Increased operator training 17. Typically, which of the following activities is done earliest in the formation of a project team? (A) Select the team (B) Identify the objective (C) Identify the sponsor (D) Allocate the resources

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CSSBB-SAMPLE EXAM

18. A black belt is developing a failure mode and effects analysis (FMEA) for the hamburger preparation station in a fast-food restaurant. The following ratings were developed for the low-heat temperature failure mode. Severity = 9 Occurrence = 2 Detection = 1 What is the risk priority number (RPN) for this FMEA? (A) 4 (B) 6 (C) 12 (D) 18 19. Which of the following statements is true about the theory of constraints? (A) It views a system in terms of discrete processes. (B) Most constraints are physical. (C) Most constraints are the result of policies. (D) It focuses on continuous improvement. 20. Which of the following describes the 95% confidence interval of a 20% absentee rate in a department with 30 people? (A) 6% to 34% (B) 8% to 32% (C) 13% to 27% (D) 17% to 23% 21. Which of the following types of variation is LEAST likely to occur in sequential repetitions of a process over a short period of time? (A) Cyclical (B) Positional (C) Temporal (D) Seasonal

22. Poka-yoke is best defined as (A) improving machine efficiency (B) reducing field failures to virtually zero (C) capturing the voice of the customer (D) preventing controllable defects 23. A measurement system analysis is designed to assess the statistical properties of (A) gage variation (B) process performance (C) process stability (D) engineering tolerances 24. Which of the following best describes a controlled variable whose influence on a response is being studied? (A) Replicate (B) Version (C) Level (D) Factor

25. For a process, X = 35.0 and σ = 5.00. If the subgroup size is n = 5, what is the value for the upper control limit for the process? (A) 37.24 (B) 37.89 (C) 41.71 (D) 52.50 26. Mathematically, the LEAST informative of the four measurement scales is (A) ratio (B) nominal (C) ordinal (D) interval

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CSSBB-SAMPLE EXAM

27. A six sigma project to reduce billing statement expenses has shown the need to hire two additional mailroom clerks. Based on this information, which of the following metrics should be used to measure the financial benefits of the project? (A) Cost of poor quality (B) Return on investment (C) Net present value (D) Internal rate of return 28. A tree diagram can be used to do which of the following? (A) Allow a team to identify root causes even when no credible data exist (B) Show a causality relationship (C) Present data from a check sheet (D) Reveal the true level of a problem’s complexity 29. Which of the following terms is used to describe the risk of a type I error in a hypothesis test? (A) Power (B) Confidence level (C) Level of significance (D) Beta risk 30. Which of the following is a component of a visual factory? (A) Product specifications (B) Zero defect policies (C) Just-in-time policies (D) Equipment service manuals 31. When σ = 10, what sample size is needed to specify a 95% confidence interval of ±3 units from the mean? (A) 7 (B) 11 (C) 32 (D) 43

32. Which of the following is the best technique for improving the precision of a designed experiment when the experimental material is not homogeneous? (A) Blocking (B) Confounding (C) Randomization (D) Fractionalizing 33. After the major headings of a tree diagram have been broken into greater detail, what is the next step that should be taken? (A) Assemble the right team (B) Review the diagram for logical flow and completeness (C) Revise the problem statement (D) Choose the tree diagram goal statement 34. A six sigma team has been formed to improve an existing process. Which of the following tools should the team use first to gain a clear understanding of the current process? (A) Flowchart (B) Pareto chart (C) Process FMEA (D) Latin square DOE 35. Typically, which of the following actions is NOT used to reduce process cycle time? (A) Analyzing current processes (B) Reducing queue times (C) Setting scheduling priorities (D) Implementing activity-based costing

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CSSBB-SAMPLE EXAM

36. Correction, over-production, inventory, and motion are all examples of (A) waste (B) 5S target areas (C) noise (D) value-added activities 37. A store uses signs at specific points in its storage area to indicate when products need to be ordered. This practice is an example of (A) kanban (B) poka-yoke (C) checkpoints (D) hoshin 38. A method that changes data without significantly reducing accuracy or precision is known as (A) bias adjustment (B) statistical efficiency (C) blocking (D) coding 39. A company’s accounts payable department is trying to reduce the time between receipt and payment of invoices. If the team has just completed a flowchart of the process and identified the critical steps, which of the following tools should be used next? (A) Fishbone diagram (B) Scatter diagram (C) Box and whisker plot (D) Histogram 40. When a team consists of five black belts and eight quality engineers, how many unique meetings could be held consisting of one black belt and two quality engineers? (A) 40 (B) 80 (C) 140 (D) 280

41. The primary reason that most companies implement six sigma is to (A) reduce defects (B) improve processes (C) improve profit (D) increase customer satisfaction 42. For consumer products, an increase in the percentage of returned goods most likely equates to an increase in (A) product not meeting specifications (B) end-user dissatisfaction (C) internal reject rates (D) nonconforming material costs 43. Legal requirements specify that a bottled product must contain at least the volume printed on the label. A bottling company wants to reduce the amount of overfilled bottles. Frequency

LSL

Fill weight

On the basis of the data above, what is the most effective strategy to accomplish this task? (A) Decrease the target fill volume only (B) Decrease the target fill variation only (C) First decrease the target fill volume, then decrease the target fill variation (D) First decrease the target fill variation, then decrease the target fill volume

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CSSBB-SAMPLE EXAM

44. In measurement system analysis, which of the following pairs of data measures is used to determine total variance? (A) Process variance and reproducibility (B) Noise system and repeatability (C) Measurement variance and process variance (D) System variance and bias 45. All of the following experimental designs can be used to investigate interactions EXCEPT (A) half-fraction (B) half-fraction with replication (C) full-factorial with replication (D) saturated screening with replication 46. A six sigma team has been chartered to improve the way in which a company takes orders for its products. Which of the following tools should the team use to determine all of the potential pitfalls and the actual defects that occur? (A) Process failure mode and effects analysis (B) Process map (C) Design for six sigma (D) Supplier input process output control 47. According to Juran, anyone is a customer of a product or service if that person (A) purchases it (B) uses it (C) is affected by it (D) produces it 48. In regression analysis, which of the following techniques can be used to reduce the higher-order terms in the model? (A) Large samples (B) Dummy variables (C) Transformations (D) Blocking

49. For an F-test to be inferentially valid, all of the following assumptions must be true EXCEPT the (A) populations must be discrete distributions (B) populations must be normally distributed (C) samples must be independent (D) samples must be randomly selected from the population 50. Which of the following will have the most influence on consumers’ perception of quality? (A) Industry standards (B) Company financial performance (C) Audit results (D) Service and repair policies 51. “Forming, Storming, Norming, and Performing” are terms that describe (A) process variation reduction and improvement phases (B) root cause identification and corrective action (C) stages of team growth (D) steps of the brainstorming process 52. The following contingency table was developed for an organization. Oil changes Tire rotations Tune-ups Total Station 1 100 50 60 210 Station 2 36 35 40 111 Station 3 92 102 85 279 Total 228 187 185 600

On the basis of this information, what is the expected number of oil changes for Station 1 ? (A) 70 (B) 76 (C) 80 (D) 100

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CSSBB-SAMPLE EXAM

53. A change agent is responsible for helping the organization do which of the following? (A) Overcome fear of the unknown (B) Reorganize departments (C) Determine performance criteria (D) Identify which group is responsible for failures 54. The process of having a six sigma team develop a problem statement helps the team (A) agree on key dates associated with completing major project phases (B) achieve consensus and ownership of the process (C) determine solutions (D) determine how often it should meet 55. Which of the following is an element of standard work? (A) Takt time (B) Product cost (C) Product value (D) Maximum inventory 56. An important aspect of data collection is that the data collector should (A) determine the dispersion of the data (B) know how the data are to be used (C) use a control chart to analyze the data (D) use a stratified sampling plan 57. A process produces nonconformities according to a Poisson distribution. If the mean of the nonconformities is 25, what is the standard deviation? (A) 2.5 (B) 5.0 (C) 12.5 (D) 25.0

58. Which of the following charts plots the mean of a set of values and recalculates the mean with each new value? (A) Moving range (B) Moving average (C) X and s (D) c 59. When the design for assembly is being evaluated, all of the following factors should be considered EXCEPT design for (A) manufacturability (B) cost (C) simplicity (D) cycle time 60. In order for a problem to be solved correctly, which of the following must occur first? (A) The problem must be defined. (B) Relevant data must be gathered. (C) The measurement system must be validated. (D) The process must be mapped. 61. In comparison to a full-factorial design of experiment (DOE), a traditional, one-at-a-time approach will (A) miss interactions (B) gain efficiencies (C) save time (D) cost less 62. Which of the following tools is used extensively in quality function deployment (QFD)? (A) Affinity diagram (B) Matrix diagram (C) Cause and effect diagram (D) Activity network diagram

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CSSBB-SAMPLE EXAM

63. A six sigma team has gathered data for a project proposal and is using the following notations. I = Initial investment C = Periodic maintenance cost B = Benefits to be accrued On the basis of the information above, which of the following is the criteria used to select a project? (A)
B >0 I +C B >1 I +C B ≤1 I +C B ≤0 I +C

65. The time for a fail-safe device to trip is thought to be a discrete uniform distribution from 1 to 5 seconds. To test this hypothesis, 100 tests are conducted with results as shown below. Trip time Actual Theoretical seconds ( j ) (Oj) (Ej) 1 10 20 2 15 20 3 50 20 4 15 20 5 10 20 100 100

(0 j − E j ) 2
100 25 900 25 100 χ2 = df =

(B)

(C)

On the basis of these data, what are the chi square (χ2) value and the number of degrees of freedom (df)? χ2 (A) (B) (C) (D) 57.5 57.5 1,150.0 1,150.0 df 4 5 4 5

(D)

64. Which of the following techniques is NOT effective when a team leader is giving feedback to the team? (A) Describing the behavior in context (B) Describing the reasons for giving feedback (C) Giving feedback when it is convenient (D) Providing actionable guidance

66. Which of the following methods is used to develop an exhaustive list of ideas about a subject? (A) Benchmarking (B) Brainstorming (C) Goal-setting (D) Problem-solving 67. Which of the following techniques would help increase process stability when the cause of variation is a cluttered work station? (A) 5S (B) SMED (C) Preventive maintenance (D) Visual factory

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CSSBB-SAMPLE EXAM

68. Benchmarking is difficult to perform on processes that (A) can be identified and researched easily (B) are practiced in many different industries (C) have a major impact on the success of the business (D) have not been documented 69. Which of the following tools is commonly used in the define phase of a project? (A) Affinity diagram (B) Control chart (C) Failure mode and effects analysis (D) Data collection checklist 70. One characteristic of attributes data is that it is always (A) continuous (B) discrete (C) expensive to collect (D) read from a scale of measurement 71. Which of the following best describes internal failure costs? (A) The economic costs associated with a catastrophic failure of an internal subsystem. (B) The unavoidable quality system costs associated with the production of any product or service. (C) The opposite of external failure costs. (D) The costs resulting from a nonconformance detected before a product or service is provided.

72. According to Juran, when a major quality improvement project is launched, which of the following describes the desired change in performance level? (A) Six sigma (B) Continuous (C) Breakthrough (D) Sporadic 73. According to Deming, which of the following is NOT a key element of quality leadership? (A) Established organizational goals to meet or exceed customer needs (B) The use of displays and awards to promote employee motivation (C) Continual education and training that elevate the level of technical and professional expertise (D) Elimination of barriers and distrust to create an organizational culture that fosters teamwork 74. A black belt would use non-parametric statistical methods when (A) knowledge of the underlying distribution of the population is limited (B) the measurement scale is either nominal or ordinal (C) the statistical estimation is required to have higher assurance (D) management requires substantial statistical analysis prior to implementing 75. For a normal distribution, two standard deviations on each side of the mean would include what percentage of the total population? (A) 47% (B) 68% (C) 95% (D) 99%

STOP. IF YOU FINISH BEFORE TIME IS CALLED, YOU MAY GO BACK AND CHECK YOUR WORK ON THIS TEST.

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CSSBB-SAMPLE EXAM

APPENDIX A: Answer Sheet For each sample test question, the correct answer is provided below along with the area of the body of knowledge (BOK) that the item is classified to. This sample examination is not intended to represent all areas of the BOK but to provide a sampling from each major topic area. All ASQ examinations are based on the BOK for that particular exam. To view the BOK for CSSBB, please go to http://www.asq.org/certification/six-sigma/bok-07.html

Question 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38

BOK III.E. I.B.1 V.B.4 VI.A.4 IV.A.3 VIII.A.4 IV.A.3 V.E.3 VII.B. VI.B.5 VIII.A.1 V.F.1 VII.D. VII.A.6 V.A.2 VIII.B.1 III.A.4 VI.C. VII.E. VI.B.4 VI.A.4 VII.B. VIII.C.1 VII.A.1 VIII.A.4 V.B.2 II.E. III.F. VI.B.1 VIII.B.2 VI.B.4 VII.A.2 III.F. V.A.3 VII.C. VI.D.3 VII.B. V.B.4

Correct Answer C B A B C A A D B C B B B A A B B D C A D D A D C B B D C A D A B A D A A D

Question 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75

BOK VI.D.2 V.E.1 I.A.2 IV.A.2 V.D.4 V.C.2 VII.A.5 VI.C. IV.A.1 VI.A.2 V.E.2 IV.A.2 III.B.2 VI.B.8 I.B.3 III.A.4 VII.B. V.B.4 V.E.2 VIII.A.4 IX.B. IV.B.1 VII.A.3 III.F. IV.B.4 III.C. VI.B.7 III.E. VII.B. II.C. III.F. V.B.1 II.E. I.A.1 I.B.1 VI.B.9 V.E.2

Correct Answer A C C B D C D A C C A D C C A B A B B B D A A B B C A B A D A B D C B A C

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CSSBB-SAMPLE EXAM

APPENDIX B: Analyzing Body of Knowledge (BOK) Content The following worksheet can be used to help you analyze the results of your answers on this sample examination. It can be used to determine which areas of the body of knowledge (BOK) you may want to study. After learning which sample test questions you had correct, total the number you had correct and enter that number into the 2nd column of the worksheet. The 3rd column provides the total number of test questions that are in this sample examination for that major area of the BOK. The last column provides the total number of test questions that appear in a formal ASQ examination for that area of the BOK.

2007 BOK Topic Area I. Enterprise-wide Deployment II. Organizational Process Management and Measures III. Team Management IV. Define V. Measure VI. Analyze VII. Improve VIII. Control IX. Design for Six Sigma (DFSS) Frameworks and Methodologies GRAND TOTAL

Total You Had Correct on Sample Exam

Total in the Sample Exam 5 3 10 7 15 14 13 7 1

Total in Formal ASQ Exam 9 9 16 15 26 24 23 21 7

75

150

13…...

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...DISTRIBUTIONS Simple Random Sample A simple random sample X 1 , , X n , taken from a population represented by a random variable X with mean  and standard deviation  , has the following characteristics.  Each X i , i  1,, n , is a random variable that has the same distribution as X, and thus the same mean  and standard deviation  . The X i ’s are independent random variables implying the following identity:  V  X 1    X n   V  X 1     V  X n    2     2  n 2  The sample mean, X where X  X1    X n , is a continuous random variable n with mean  X   and standard deviation  X  of the mean. Sampling Distribution of the Mean  , known as the standard error n Result 1: If X is Normal, then X is Normal and Z  of the sample n. X   n , regardless of the size Result 2: If n is large enough, n  30 , then X is approximately normal and X  Z , regardless of the distribution of the population random variable X.  n Sampling Distribution of the Proportion For a binomial random variable X with parameters n (sample size) and  (probability of X success or population proportion), the sample proportion is given by p  . n The sample proportion p is a continuous random variable with mean  p   and standard deviation  p   1    n . Result 3: If n is large enough, n  5 and n1     5 , then p is approximately p  normal and Z  .  1    n Why? We want to use the sample......

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Calculus I Sample Final Exam

...CALCULUS I (MATH 156) SUMMER 2013 — FINAL EXAM JULY 26, 2013 Name: This exam consists of 8 questions and 1 bonus question. Show all your work. No work, no credit. Good Luck! Question Points Out of 1 18 2 20 3 18 4 15 5 8 6 8 7 14 8 7 9(Bonus) 7 Total 115 18 points 1. For the function f (x) = x3 − 6x2 + 9x − 3 (a) find f (x). (b) determine all the critical points of f. (c) find the intervals where f is increasing and where it is decreasing. (d) classify each critical point as relative maximum or minimum. (e) Find f (x). (f) Find the intervals where the graph of f is concave up and concave down. (g) Determine the inflection points. Page 2 20 points 2. Evaluate the following limits: (a) lim x2 − 4x + 4 x→2 x3 + 5x2 − 14x (b) lim x2 x→0 cos 8x − 1 (c) lim x − 8x2 x→∞ 12x2 + 5x (d) lim e3x − 1 x→0 ex − x (e) lim x2 e−x x→∞ Page 3 18 points 3. Find the following indefinite integrals: (a) 3 cos 5x − √ + 6e3x dx x (b) √ 4x dx x2 + 1 (c) x2 + √ x x−5 dx Page 4 15 points 4. Evaluate the following definite integrals: 1 (a) 0 x4 + 3x3 + 1dx e2 (b) 1 (ln x)2 dx x π 4 (c) 0 (1 + etan x ) sec2 xdx Page 5 8 points 5. Sketch and find the area of the region that lies under y = ex and above the x axis over the interval 0 ≤ x ≤ 7. 8 points 6. A rectangular plot of farmland will be bounded on one side by a river and on the other three sides by a......

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...limited to, copying graded homework assignments from another student; working together with another individual(s) on a take-home test or homework when not specifically permitted by the teacher; looking or attempting to look at another student's paper during an examination; looking or attempting to look at text or notes during an examination when not permitted. The tendering of information includes, but is not limited to, giving of your work to another student to be used or copied; giving someone answers to exam questions either when the exam is being given or after taking an exam; giving or selling a term paper or other written materials to another student; sharing information on a graded assignment . Plagiarism The attempt to represent the work of another as the product of one's own thought, whether the work is published or unpublished, or simply the work of a fellow student. Plagiarism includes, but is not limited to, quoting oral or written materials without citation on an exam, term paper, homework, or other written materials or oral presentations for an academic requirement; submitting a paper which was purchased from a term paper service as your own work; submitting anyone else's paper as your own work. Please print your name indicating that you will abide by the above code of conduct Name (Print) Question I (Ten parts – each worth 4 points) Highlight the correct answer for the multiple choice questions (1.1 – 1.4 ) and provide concise answers for......

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...introverts who are open to new experiences. Objectivity: The conclusion drawn through the implementation of the results of data analysis should be objective. That is they should be based on the facts of the finding derived from actual data and not on our own subjective or emotional value. Here the conclusion is derived as there is a clear link between emotional reactivity of investors and trading performance. 3. Do you think that the results of Sam’s study are generalizable to other organizations? Why (not)? This study is lack in generalizability. For the purpose of this study Sam has chosen 50 traders form a training programme. But the question is whether the 50 samples represent the real situation. Therefore, if this research is to be generalized to some other organization or industry then the samples should contain the representatives those of industries. 4. Sam explains to Akrisious that even though he has tried to meet all the hallmarks of scientific investigation, he has not included all the variables that influence the financial performance of traders. Using vocabulary Akrisious has never heard of (such as omitted variable bias and biased and inconsistent parameter estimates) Sam argues that his study may lack rigor and that therefore his study is probably not 100% scientific. a. What is rigor? Means carefulness, scrupulousness and the degree of exactitude in research investigation. A good theoretical base and around methodological design......

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...MGMT 307 Sample Final Exam 1. ___________ describes how dependable and responsible a person is.  A. Emotional stability B. Conscientiousness C. Extroversion D. Locus of control E. Self-efficacy   2. Meg is very relaxed and secure. Meg is probably high in  A. emotional stability. B. conscientiousness. C. extroversion. D. agreeableness. E. openness to experience.   3. The statement, "My boss doesn't know how to do his job," reflects the __________ component of an attitude.  A. behavioral B. decisional C. cognitive D. affective E. value   4. Bethany is writing a paper for her management class. She already has a strong 'A' in the class, and only needs to get a C on the paper to keep her A. As she prepares the final version of the paper, she takes special care that the paper is well-written, insightful, and error-free, something that she can be proud of. Bethany is experiencing  A. an intrinsic reward. B. high equity. C. a belongingness need. D. a hygiene factor. E. a high need for affiliation.   5. The need that is met by providing autonomy and control to employees over how they do their jobs is  A. self-actualization. B. esteem. C. love. D. safety. E. physiological.   6. A manager wants to improve how her employees' belongingness or love needs are met. To do so, she could  A. give public recognition for good job performance. B. hire a guard for the parking lot. C. send employees to a training class. D. redesign......

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...NOTE TO STUDENTS: This sample final examination is representative of the TYPES of questions you will encounter on the actual exam. However, it is NOT representative of the NUMBER of questions you can expect—the actual final examination will have many more questions. Answers are provided at the end of this document. Section 1: Multiple Choice Questions 1. Which of the following is one of the four conditions that must be met if a firm’s resources are to be used to achieve a sustainable competitive advantage? a. inexpensive b. easily imitated c. easily duplicated d. nonsubstitutable 2. Which of the following is (are) a major approach to corporate-level strategy? a. portfolio strategy b. adoptable strategies c. both of the above are such approaches d. neither (a) nor (b) are such approaches 3. Significant cost reductions, employee layoffs, closing poorly performing stores, offices, or manufacturing plants, or closing or selling entire lines of products or services would be characteristic of a ________ strategy. a. portable b. retrenchment c. stability d. first-level 4. Which of the following is not one of the five industry forces that determine an industry’s overall attractiveness and potential for long-term profitability? a. character of the rivalry b. threat of nonsubstitutable resources c. bargaining power of suppliers d. All of the......

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Intermediate Accounting Sample Exam

...1.) Wholesome, Inc. starts a pension plan for its 10 employees on 1/2/20A. All are 53, and will retire at age 65 (in 12 yrs) on 12/31/20J. All are expected to live 10 yrs past retirement. Each is given credit for 15 years prior service at inception of the plan. The plan calls for payments at the beginning of each retirement year. Wholesome will make a lump sum payment of $250,000 on 1/2/20A to partially fund the prior service cost of $453,246. Funding is to be set at a level payment each period of $108,258, starting on 12/31/20A. The fund earning and the settlement rate are 8%. Prior service cost is to be amortized st-line over the remaining service lives of the employees. The following data are available: 1/2/20A 12/31/20A 12/31/20J Projected Benefit Obligation $453,246 ? ? Prior service cost (PBO method) $453,246 PV @ 12/31/20J (annuity due, 10 payments) of benefits earned each yr per employee: $ 7,609 Required: a) Compute pension expense, listing components, and present required entries per SFAS 158 for the payment on 1/2/20A and the expense accrual/payment at 12/31/20A: Expense amount: $86,664 b) What is the PBO on 12/31/20A? What is the funded status of the plan on that date? (Show your work). PBO: $522,139 Funded status: $143,881 PBO: __________________ Funded status: _______________ 2) Lease Lessor, Inc. leases a computer under a 6 yr noncancelable lease to Lessee, Inc. The lease calls for...

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...Kimmel, Weygandt & Kieso - Sample Exam 1 Name: __________________________ Date: _____________ 1. Which financial statement would best indicate whether the company relies on debt or stockholders' equity to finance its assets? A) Statement of Cash Flows B) Retained Earnings Statement C) Income Statement D) Balance Sheet 2. Stockholders' equity A) is usually equal to cash on hand. B) is equal to liabilities and retained earnings. C) includes retained earning and common stock. D) is shown on the income statement. 3. Which of the following activities involves collecting the necessary funds to support the business? A) Operating B) Investing C) Financing D) Delivering 4. Issuing shares of stock in exchange for cash is an example of a(n) A) delivering activity. B) investing activity. C) financing activity. D) operating activity. 5. Which of the following is not a principal type of business activity? A) Operating B) Investing C) Financing D) Delivering 6. Which of the following is not a common way that managers use the balance sheet? A) To analyze the balances of assets, liabilities, and stockholders' equity throughout the accounting period B) To determine if the cash balance is sufficient for future needs C) To analyze the balance between debt and common stock financing D) To analyze the balance of accounts receivable on the last day of the accounting period Page 1 Kimmel, Weygandt & Kieso - Sample Exam 1 7. Ashton Company began the year with retained earnings of......

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...quality of particular interest. It is the basis of payment in most coal supply contracts. In the United States, the heating value of coal is measured in British thermal units per pound (BTU/lb), by using a national standard test procedure (ASTM D-2015). ASTM standards also indicate that repeated measurements should give values within 100 BTU/lb. Normally, the only way to determine heating value is to send a carefully prepared sample off to a laboratory and wait for the results. This can lead to disputes, if the customer and the supplier don’t agree on which lab to use or if the results from different laboratories give drastically different results. In an effort to determine the extent of any intra- or inter-laboratory variation in heating value measurements, one coal company prepared 50 samples of coal from a common area (so that results were expected to be very close). They shipped the samples in two batches to five reputable laboratories. Each batch consisted of five samples sent to each lab; the two batches were sent at different times. The samples were drawn randomly, packed in water (to minimize oxidation effects) and sent in sealed plastic containers. The labs were not aware that an experiment was being run, and the coal company hoped that the results would thus reflect the labs’ normal operating procedures. DATA SET The labs made several measurements, but only those for heating value are given below. What do you think the coal company should conclude about the......

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...2012 Students: These sample questions were pulled from last year’s exam. Note that not all the material covered to this point matches up with what I did last year. Hence some material below may be unfamiliar to you. However, these are reasonably representative of the type of questions you are likely to see. 1.Financial accounting a) provides useful information primarily for external decision makers. b) is required for corporations but probably would not be done by other business entities. c) provides information primarily for the use of managers of the company. d) has been practiced in this country for approximately the last 15 years. 2. The Financial Accounting Standards Board employs a "due process" system for making GAAP. This process… a. is an efficient system for collecting dues from members. b. enables interested parties to express their views on issues under consideration. c. establishes new standards based only on FASB board members’ discussions. d. requires that all accountants must receive a copy of financial standards. 3. A decrease in net assets arising from peripheral or incidental transactions is called a(n) a. capital expenditure. b. cost. c. loss. d. expense. 4.   An accounting record into which the essential facts and figures are posted        when it is time to make the financials is called the        a. general ledger.        b. cash flow statement.        c. trial balance.        d. general journal.        e. Major General.  5. If, during an accounting......

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