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NEW QUESTION: 1
The normalized economic income is capitalized, typically, as an annuity in perpetuity.
The capitalization rate used in this procedure should be:
A. Consistent with the measurement of net income
B. derived from the property over a discrete period of time
C. Debt component and equity component are blended
D. Commensurate with the risk of investment
Answer: D
NEW QUESTION: 2
All business organizations must use some common terminology to describe the roles and responsibilities of people and entities within the organization. What term is described as the amount of product or service the entity is able to produce with the available materials, labor, and equipment?
A. Capacity
B. Lines of business
C. Technology
D. Production
Answer: A
Explanation:
Explanation/Reference:
Answer option B is correct.
Capacity describes the amount of product or service an entity can create based on its inputs and the demand from customers. The maximum capacity needs to be known so that management can plan accordingly.
Answer option A is incorrect. Production is the act of producing the manufactured goods or the completion of delivery of the services a business offers its customers.
Answer option C is incorrect. Lines of business describe the functional units within a company that generates an income. For example, a bank may have retail banking, corporate banking, personal banking, investments, and savings.
Answer option D is incorrect. Technology is an input to the production, operations, and capacity that allows a business to produce the goods and services.
Reference: Professional in Human Resources Certification Study Guide, Sybex, ISBN: 978-0-470-43096-5.
Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US Body of Knowledge.
Chapter: Business Management and Strategy
Objective: Organizations
NEW QUESTION: 3
Measured horizontally 6 inches above ground level and at least 30 feet outside the exclusion area to barrier, the perimeter band of lighting must provide a minimum intensity of:
A. 0.2 foot-candle
B. 0.10 foot-candle
C. 0.6 foot-candle
D. 0.3 foot-candle
E. 0.4 foot-candle
Answer: A
NEW QUESTION: 4
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.
Answer:
Explanation: