Fill in the Blank Questions Prize Mustard uses a process costing system with two departments: (a) a Mixing Department, and (b) a Bottling Department. During May, Prize generated $120,000 in revenue by producing 40,000 gallons (10,000 cases) of mustard. The company reduces its work in process inventories to zero each month. Manufacturing costs for May are as follows: 96. The unit […]
51. Which of the following is important when evaluating long-term investments? A. Investments must earn a reasonable rate of return B. Employees are able to determine and propose capital equipment for their divisions or departments C. Proposals should match long term goals. D. All of the above. 52. Which of the following are present value methods of analyzing capital investment proposals? A. Internal rate of return and average rate of […]
101. Using the following information, what is the amount of net sales? Purchases $32,000 Purchases discounts $960 Merchandise inventorySeptember 1 5,700 Merchandise inventorySeptember 30 6,370 Sales returns andallowances 910 Sales 63,000 Purchases returns andallowances 1,200 Freight In 1,040 A. $28,970B. $63,130C. $63,000D. $62,090 102. Using the following information, what is the amount of merchandise available for sale? Purchases $32,000 […]
21) Kate and Joe formed a partnership in 2013. Joe invested $80,000 and Kate invested $50,000. The partnership had $100,000 in income during 2015. There is no agreement as to how income is divided. Kate and Joe’s share is: A) Kate gets $100,000 and Joe gets $50,000. B) Kate gets $50,000 and Joe gets $100,000. C) Kate gets $50,000 and Joe gets $50,000. D) […]
81. A remittance advice isa(n): A. Explanation for a payment by check. B. Bank statement. C. Internal voucher. D. Electronic funds transfer. E. Cancelled check. 82. A bank statement provided by the bank includes: A. A list of outstanding checks. B. A list of petty cash amounts. C. The beginning and the ending balance of the depositor’s account. D. A listing of deposits in transit. E. A reconciliation to the depositor cash account. 83. A […]
61. The following are examples of external users of accounting information except A. government B. customers C. creditors D. managers 62. Due to various fraudulent business practices and accounting coverups in the early 2000’s, Congress enacted the Sarbanes-Oxley Act of 2002. The Act was responsible for establishing a new oversight board for public accountants called the A. Generally Accepted Accounting Practices for Public Accountants Board B. Public Company Accounting Oversight Board C. Congressional […]
Multiple Choice Questions 31. Which of the following statements is not correct? A. In accounting, the term “cash” includes checks, money orders, and funds on deposit in a bank as well as currency and coins. B. The cash register proof is used to enter the cash sales and sales tax in the journal. C. In a well managed business, most bills are paid by cash. D. The petty […]
Multiple Choice Questions 58. The accounting process begins with: A. Analysis of business transactions and source documents. B. Preparing financial statements and other reports. C. Summarizing the recorded effect of business transactions. D. Presentation of financial information to decision-makers. E. Preparation of the trial balance. 59. All of the following statements regarding a sales invoice are true except: A. A sales invoice is a type of source document. B. A sales […]
41. Roy DeSoto earns a regular hourly salary of $24.50. He is paid time-and-a-half for all hours in excess of 40 in the week. For the week ended March 8, 2013, he worked a total of 50 hours. His gross wages year to date, prior to his March 8, paycheck, are $11,980. Social Security Tax is 6.2%, Medicare Tax is 1.45%, federal unemployment tax is […]
71.The part of the labor-management negotiation process that focuses on dividing a fixed economic “pie” is known as _____. A.attitudinal structuring B.intraorganizational bargaining C.collective bargaining D.distributive bargaining E.integrative bargaining 72.The aspect of the labor-management negotiation process that refers to the relationship and level of trust between the negotiators is known as _____. A.attitudinal structuring B.distributive structuring […]
Exam: 006830RR - Transformers and Special Locations
1. With the exception of class 2 or class 3 transformers, if the disconnecting means for a transformer is not in sight of the transformer, the disconnecting means is required to be
A. lockable.
B. weatherproof.
C. moisture resistant.
D. bonded.
2. Two electricians are discussing guarding requirements for transformers. Electrician A says that a warning sign indicating the operating voltage of live parts on a transformer is required if the live parts are exposed. Electrician B says that dry-type transformers can be installed without an enclosure. Which of the following statements is correct?
A. Neither electrician is correct.
B. Both electricians are correct.
C. Only Electrician A is correct.
D. Only Electrician B is correct.
3. Which of the following is a NEC violation for wiring installed in a place of assembly?
A. Permanent wiring using AC cable containing an insulated EGC
B. Permanent wiring in nonmetallic raceway encased by one inch of concrete
C. Temporary wiring laid directly on the floor
D. Temporary wiring not protected by GFCIs
4. In Class II, Division 2, conditions fuses, switches, circuit breakers, and similar devices must be installed in enclosures that are
A. vapor proof.
B. airtight.
C. dust tight.
D. watertight.
5. A hazardous location in which flammable gases or vapors exist in sufficient quantities to cause an explosion, as defined by the NEC?
A. Class I
B. Unclassified
C. Class III
D. Class II
6. Two electricians are discussing hazardous locations. Electrician A says that hazardous location classifications are determined by the presence of gases, dust, or ignitable fibers. Electrician B says that division 2 conditions would not create a fire or explosion under normal circumstances. Which of the following statements is correct?
A. Both electricians are correct.
B. Neither electrician is correct.
C. Only Electrician A is correct.
D. Only Electrician B is correct.
7. Two electricians are discussing special requirements for health care facilities. Electrician A says that a nursing home is required to include an emergency system circuit. Electrician B says that GFCI outlets are not required in the bathroom area of some critical-care patient rooms. Which of the following statements is correct?
A. Both electricians are correct.
B. Neither electrician is correct.
C. Only Electrician B is correct.
D. Only Electrician A is correct.
8. Ignoring any exceptions, which of the following transformer types is not required to be installed in a vault?
A. Dry-type, indoor, rated over 35 kV
B. Dry-type, indoor, rated 1121/2 kVA or less
C. Oil-insulated, installed indoors
D. Nonflammable fluid-insulated, insulated rated over 35 kV
9. According to the NEC, conduit seals are required within _______ inches from a pressurized enclosure when the conduit is not pressurized in Class I, Division 1 protection systems.
A. 24
B. 30
C. 12
D. 18
10. To be in compliance with the NEC, transformer vaults must have a fire-resistance rating of _______hours and concrete floors that are at least _______ inches thick, unless protected by automatic sprinkler systems.
A. 2, 3
B. 1, 3
C. 3, 4
D. 4, 4
11. What hazardous location designation applies to facilities where flammable gases are handled, processed or used, but under normal circumstances there is not a threat of explosion?
A. Class II, Division 2
B. Class I, Division 1
C. Class I, Division 2
D. Class II, Division 1
12. What size primary fuse is required to protect a 5 kVA, 208 V, 3Φ transformer?
A. 17.5 A
B. 13.5 A
C. 15 A
D. 20 A
13. Two electricians are discussing transformers. Electrician A says that to insure proper ventilation, the required clearances can be found on the transformer nameplate markings. Electrician B says that exposed live parts on a transformer require the installation of a sign that indicates the operating voltage. Which of the following statements is correct?
A. Only Electrician A is correct.
B. Only Electrician B is correct.
C. Both electricians are correct.
D. Neither electrician is correct.
14. What article in the NEC would you reference to determine the wiring requirements for a local dinner theater?
A. Article 520
B. Article 525
C. Article 522
D. Article 530
15. Lighting fixtures used in Class III, Division 1 and Division 2 locations are required to be marked with the maximum lamp wattage that can be used without exceeding a fixture surface temperature of _______° F.
A. 165
B. 329
C. 453
D. 250
16. What is the T Code for equipment having a maximum surface temperature of 392°F?
A. T4
B. T3A
C. T3
D. T4A
17. What size maximum level of primary-only overcurrent protection is required for a 600-volt transformer with a primary current rating of 54 amperes?
A. 70
B. 60
C. 100
D. 50
18. All 15 A and 20 A, 125 V receptacles installed in a pediatric playroom in a health care facility must be _______ receptacles.
A. GFCI
B. tamper-resistant
C. nongrounding
D. standard
19. What is the maximum size fuse that may be used to protect a 60 kVA, nonsupervised transformer
having a 4,160 V primary and 5% impedance?
A. 35 A
B. 20 A
C. 30 A
D. 25 A
20. Which of the following is not a consideration when installing a LFLI transformer indoors?
A. Pressure relief vent
B. Automatic fire extinguishing system
C. Voltage rating
D. Building type
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