Terry Core Challenge

This Week’s Question

Sorry, you missed this week’s question. Each question is available Monday–Thursday, so check back on Monday for a new one!

Past Answers

Week 1 Jan 25–Jan 27

Which of the following statements is incorrect?

  • The normal balance of cash is a credit.
  • The normal balance of revenues is a credit.
  • The normal balance of dividends is a debit.
  • The normal balance of accounts receivable is a debit.
  • All of the statements are incorrect.
Week 2 Feb 1–Feb 3

Rearden Robotics' stock has a beta of 1.33, the expected return on the S&P 500 is 14.5% per year, and T-bills are yielding 6.3% annually. According to the CAPM, what is the expected return on Rearden Robotics?

  • 2.30%
  • 7.03%
  • 15.98%
  • 17.21%
  • 31.74%
Week 3 Feb 8–Feb 10

True or False?
Under the Americans with Disabilities Act, an employer must make a reasonable accommodation for a qualified physically or mentally disabled employee.

  • True
  • False
Week 4 Feb 15–Feb 17

Which issue is most crucial to the long-term survival of a family business?

  • Divorce
  • Succession
  • Transfer of ownership
  • Taking the family to work, or vice versa
Week 5 Feb 22–Feb 24

To successfully lead an IT-enabled change in a company, the manager must

  • Create a project plan for the change.
  • Analyze the processes of the company.
  • Consider the ways data can support processes.
  • Understand how the change fits with the firm's value proposition and how it makes money.
  • All of the above.
Week 6 Feb 29–Mar 2

________________ is a fiscal policy that is appropriate to combat inflation.

  • Decreasing taxes
  • Decreasing government spending
  • Increasing interest rates
  • Increasing the money supply
Week 7 Mar 14–Mar 16

Many home shopping networks attempt to promote products using price as an incentive. A common approach is to advertise that a product is only available at the discounted price for another “20 minutes.” Which marketing orientation does this best exemplify?

  • sales
  • marketing
  • production
  • societal marketing
Week 8 Mar 21–Mar 23

True or False?
Budgets quantitatively express a company’s strategic plans.

  • True
  • False
Week 9 Mar 28–Mar 30

For a firm experiencing economies of scale, increases in _____ are associated with decreases in _____.

  • price; revenue
  • capital; marginal cost
  • fixed inputs; variable inputs
  • output; long-run average cost
Week 10 Apr 4–Apr 6

True or False?
Discriminating against a job applicant because she was born in Canada is allowed under the Civil Rights Act of 1964.

  • True
  • False
Week 11 Apr 11–Apr 13

A manager may delegate any of the following except:

  • authority
  • workload
  • responsibility
  • attendance at meetings to represent the department
Week 12 Apr 18–Apr 20

You win $100 on a Super Bowl bet. You have the choice of spending the money now or putting it in the bank for a year at 5 percent interest. The opportunity cost of spending the money now is:

  • $5
  • $20
  • $100
  • 105

How It Works

water bottle
Win a Terry water bottle and key chain!

Who can participate?

The Terry Core Challenge is only open to Terry students.

How to play

You’ll find a new question posted here each Monday. It’s also posted on Facebook and Twitter.

The question relates to the BBA curriculum. (Hope you’ve been paying attention…)

Answer the question by 8 a.m. Thursday.

If you answer correctly, you may win this nifty stainless steel Terry water bottle and key chain (it’s a dog bone)!

We’ll give a prize away every Friday. Don’t worry — we’ll email you if you win.

But wait… there’s more!

Answer a majority of the questions correctly and you’ll also be entered in a drawing for lunch with Dean Ayers.

Simple enough, right? Good luck!

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