Short Answers 1
What is the function of a termination statement?
What is when a creditor files a financial statement that gets released?
When selecting and implementing technological tools for an organization's knowledge management system, a primary factor to consider is
A. accessibility. C. retention rates.
B. creativity. D. product marketability.
What is accessibility?
When creating and posting information to a website, one of the most important considerations is the
A. shopping cart. C. domain name.
B. search engine. D. home page.
What is domain name?
With ____________________ a portion of the debtor’s wages is withheld by an employer and paid directly to the creditor.
What is garnishment?
A personal check that has been accepted by a bank before payment is a __________ __________.
What is a certified check?
Why is debt very important in our society?
What is people or companies from not paying any money back once borrowed?
A business might ask its employees to sign a nondisclosure agreement to
A. protect its trade secrets.
B. avoid discrimination lawsuits.
C. ensure its employees' privacy
D. prevent copyright infringement.
What is protect its trade secrets?
A limitation to the use of project management software is that it lacks the ability to
A. make decisions. C. track changes.
B. calculate data. D. flag information.
What is make decisions?
In a ____________ , the third party, called a surety, agrees to be primarily liable for the debt or obligation if payment or performance becomes overdue.
What is a suretyship?
A check that a bank draws on itself is a __________ ______________.
What is a cashiers check?
In the last 50 years, the maximum time available to finance the purchase of an automobile has gone from 24 to 72 months. What do you think has caused this change? What are the effects of such a change?
What is could have been raised due to the state of our economy along with inflation causing prices of everything in our country to rise?
Even though you might be anxious to jump into a new project, it's important to take the time to __________ before taking action.
A. schedule C. monitor
B. plan D. organize
What is a plan?
Which of the following is an example of a database system:
A. A library catalog C. A marketing report
B. A chart reflecting sales revenue D. Scheduling software
What is A library catalog?
If the creditor has filed a financial statement, this release is made when the creditor files a ____________ ___________________.
What is a termination statement?
A __________ or bill of exchange is an unconditional written order by one person that directs another person to pay money to a third person.
What is a draft?
Why does the perfection of security interests in consumer goods not require a filing?
What is the case due to the fact that there is only a requirement when debtor is in possession of any goods involved?
Morgan Health Supply Company wants to expand its product line this year. It uses its budget surplus to invest in new products rather than to remodel its offices. What positive action is the company demonstrating?
A. Provide excellent customer service
B. Align strategies and activities with goals
C. Demonstrate corporate responsibility
D. Utilize touchpoints to reinforce company image
What is utilize touchpoints to reinforce company image?
Which of the following strategies can help make data change easier:
A. Ignoring errors during implementation
B. Communicating the benefits of the data change
C. Informing staff that data changes will continually occur
D. Rolling out data changes during a busy time of year
What is informing staff that data changes will continually occur.
A security interest is the interest in or claim against the debtor’s property created for the purpose of assuring payment or performance of a debt or other obligation. ____________ is the property that is subject to the security interest of the creditor.
What is a Collateral?
A is a __________ type of draft a bank depositor uses to order the bank to pay money, usually to a third party.
What is a check?
What kind of harm can be done if a creditor fails to file a termination statement after a large secured debt has been paid?
What is debtor must pay at least $100 plus with any loss suffered due to the statement not being filed?
What should you include in a persuasive message to support your statements?
A. Logical evidence C. Simple language
B. Educated guess D. Personal opinion
What is logical evidence?
Which of the following is an ethical issue that relates to knowledge management in the workplace:
A. The president of a small company asks their executive team for input regarding a business decision.
B. A project leader requests that each member of their team provide a status report to the group.
C. An employee deliberately doesn't share information with management that will help the company meet its goals.
D. The sales manager of a manufacturing firm shares the firm's quarterly sales goals with the sales staff.
What is An employee deliberately doesn't share information with management that will help the company meet its goals?
A ____________ ______________ is a legal device that creates a security interest in personal property or fixtures.
What is a secured transition?
_____________ ____________ is defined as an unconditional written promise or order to pay a sum of money.
What is commercial paper ?