DECA exams use what question format?
Multiple Choice
What are the skills and knowledge statements judges score competitors on called?
Performance Indicators
In a DECA roleplay, who plays the role of the business representative
the judge
What does ICDC stand for?
International Career Development Conference
The total amount of money a business receives from sales before expenses are deducted.
revenue
What percentage of your event score is usually the exam?
One-third (about 33%)
Performance indicators measure what?
What is the business scenario given to competitors called
a case study
What shape is featured in the DECA logo?
diamond
A market structure with many buyers and sellers offering similar products
perfect competition
How much time do competitors have to complete a cluster exam?
90 min
Who evaluates performance indicators during roleplays?
Judges
What type of event asks competitors to solve a business problem on-site?
a roleplay
DECA prepares students for careers in business and what other area?
leadership
The process of comparing actual results to expected results
evaluation
How many questions are on most DECA cluster exams?
100
True or False: Performance indicators are different depending on the event
true
Roleplay events are designed to simulate what?
Real-world business situations
What type of student organization is DECA?
CTSO
A business document that summarizes assets, liabilities, and owner's equity
balance sheet
Name one of DECA's four career clusters.
Marketing, Finance, Hospitality & Tourism, or Business Management & Administration
What document should competitors study to learn the performance indicators for their event?
the Performance Indicator List
What two components are commonly found in Individual Series Events?
A Career Cluster Exam and a Roleplay
What word follows "Emerging Leaders and" in DECA's tagline?
Entrepreneurs
The economic principle that states all resources are limited
scarcity