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Finance
Hospitality
Business Management and Administration
Marketing
Principles of Business Administration
100
Lana wants to include a two-dimensional graphic that shows the groupings and patterns of multiple variables in her business report. Which of the following aids would best illustrate the data: A. Table B. Pie Chart C. Timeline D. Scatter Chart
D. Scatter Chart
100
When confronting a conflict, its important to A. Ask for feedback and listen B. Focus on your overall feelings about the other person C. Avoid apologizing D. Use "you" statements
A. Ask for feedback and listen
100
Which of the following is the most important factor to consider when prioritizing work tasks: A. Employee's aptitudes B. Enjoyment of tasks C. Coworkers' opinions D. Due dates of tasks
D. Due dates of tasks
100
D. Fidgeting with accessories Which of the following gestures would indicate a speaker's nervousness during an oral presentation: A. Standing up straight B. Maintaining eye contact C. Speaking very quickly D. Fidgeting with accessories
D. Fidgeting with accessories
100
Asking questions is important because it A. Gives you a chance to voice your opinion B. Can clear up misunderstandings C. Helps you become a passive participant in the conversation D. Helps your brain process speech more quickly
B. Can clear up misunderstandings
200
What condition exists if a nation imports more goods and services than it exports? A. Trade Deficit B. Balance of Trade C. Trade Surplus D. Comparative Advantage
A. Trade Deficit
200
Which of the following is an example of a capital good: A. A truck driver B. Iron ore C. A delivery truck D. Weather conditions
C. A delivery truck
200
Effective budgets should always be A. Evaluated B. Optimistic C. Inflexible D. Secretive
A. Evaluated
200
Using the APA writing style, Ella compiles a list of the books, web sites, and journals that she used when developing a complex research report. What is Ella developing? A. The executive summary B. An index C. The bibliography D. A glossary
C. The bibliography
200
To evaluate any idea objectively, it is important to consider A. Personal opinions B. Potential problems C. Market research D. Competitors' activities
B. Potential problems
300
Which of the following is an activity conducted by the finance function of business: A. Tracking business expenditures B. Preparing cash flow statements C. Updating bookkeeping ledgers D. Choosing appropriate investments
D. Choosing appropriate investments
300
When preparing for a speech, it's most important to A. Design visual aids B. Practice C. Plan your appearance D. Write note cards B. Practice
B. Practice
300
It's appropriate to write a letter of inquiry when A. You're summarizing a business report. B. Thanking a potential employer for an interview C. Informing employees of a payroll change D. Requesting more information about a company
D. Requesting more information about a company
300
Tying agreements are illegal under which of the following conditions: A. When they limit liability B. When they prohibit monopolies C. Sales forecast D. Media schedule
D. When they reduce competition
300
An effective executive summary: A. Is written for people who won't read the whole document B. Includes every point from the business report C. Uses technical terminology to show the writer's expertise D. Features complex compound sentences
A. Is written for people who won't read the whole document
400
Retirement accounts and real estate are examples of: A. Intangible assets B. Garnishments C. Tax shelters D. Derivatives
B. Garnishments
400
Which of the following is a product delivery question that a hospitality business should ask a potential vendor during the vendor-selection process: A. How do you rate the quality of your products? B. Do we get discounts on quantity purchases? C. What is the lead time for processing orders? D. Is it possible to get a prompt-payment discount?
C. What is the lead time for processing orders?
400
What type of information should be included in the methodology section of a research report? A. References and reliability data B. The significance of the study and conclusions C. Research procedures and the purpose of the study D. A description of the sampling plan and research technique
D. A description of the sampling plan and research technique
400
What is a benefit of investing in mutual funds? A. Investor's fees are waived because it is an ownership investment B. Investors are guaranteed a minimal amount of return C. Investors earn interest because it is a lending investment D. Investors have access to a fund manager's expertise
D. Investors have access to a fund manager's expertise
400
Western societies tend to place a high value on using verbal communication and saying what you mean. Which type of culture does this illustrate? A. High-context B. Low- context C. Individualist D. Collectivist
B. Low-context
500
A loan officer who has special knowledge in real-estate loans is most likely to have a __________ professional certification. A. Certified Information System Auditor (CISA) B. Certified Mortgage Banker (CMB) C. Certified Internal Auditor (CIA) D. Certified Annuities Specialist (CAS)
B. Certified Mortgage Banker (CMB)
500
The name of a well-known company appears on the hood of a racecar in a video game. This is an example of A. Videotainment B. Adverfeeding C. Advergaming D. Gamecasting
C. Advergaming
500
In a detailed document, Rachel explains the possible implications of implementing a cooperative advertising program for her employer's major customers. In this situation, Rachel developed a A. Sales analysis B. Troubleshooting proposal C. Feasibility report D. Request for proposal
C. Feasibility report
500
Which of the following is a true statement about secondary dimensions of diversity: A. They are mental aptitudes B. They are physical traits C. They are determined by a person's subculture D. They can change over time
D. They can change over time
500
Which of the following questions should you ask yourself when defining a problem: A. Am I making assumptions about the situation? B. What are the possible positive and negative consequences? C. Is this situation worthy of my time and attention? D. What are all the possible solutions?
C. Is this situation worthy of my time and attention