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Row 2: Quiz Flashcards | StudBud
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Row 2: Quiz
Row 2: Quiz
23 terms
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StudBud Administration
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23 cards
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Questions
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Answers
1
A firm has confidential client data stored. Which is the best way to limit the number of employees who may view it
Ask new employees to sign confidentiality agreements
Restrict computer access by assigning passwords
Disable the firms’ computer networking capabilities
Secure the firm’s website by using encryption techniques
2
A private securities transaction exists when a representative:
Makes a trade from his personal account
Is engaged with an outside business
Is selling away
Has a joint account with a family member
3
To maintain workplace security and minimize breaches, one must be:
A team player
Distracted
Observant
Friendly
4
A customer was trying on clothes and put several pants in a jacket and left the store without paying for them. This is:
Embezzlement
Shoplifting
Burglary
Robbery
5
The government can prevent unqualified persons from operating a business by:
Refusing to grant them a license
Assessing extra taxes
Closing their bank account
Helping their competitors
6
As the size and power of U.S businesses have grown over time, the federal government’s involvement in U.S economy has:
Become unimportant
Increased
Decreased
Stayed the same
7
Which statement is true of finance careers?
Communication skills are unimportant
Soft skills are extremely important
Only mathematical skill are necessary
People skills are unnecessary
8
The two main sources of revenue used to pay the costs of government regulation are:
Government and industry
Taxpayers and nontaxpayers
Business and labor
Taxes and borrowing
9
Deanna put a security measure in place to prevent accessing her credit information without her permission. This is:
Credit freeze
Credit block
Credit suspension
Credit card
10
The two most important pieces of information to safeguard in order to protect against identity theft are one’s:
Date of birth and address
Full legal name and Social Security number
Social Security number and date of birth
Social Security number and address
11
Rhonda’s Jewelry was open for business when a masked gunman entered and took all the jewelry from the case. This is:
Robbery
Burglary
Embezzlement
Shoplifting
12
Which individual formulates investment strategies for clients, helping to fulfill their needs, and reach financial goals
Financial planner
Financial consultant
Mutual fund manager
Investment banker
13
Why do many people pursue fiance careers?
Finance careers generally have small salaries
Careers in finance are typically easier than other careers
There is a positive outlook for finance careers
Little education or training is needed for careers in finance
14
One way in which the government protects private property is by providing:
Local government programs
Fire insurance policies
Patents or copyrights
Federal Reserve banks
15
One of the reasons that has caused the government’s role in business to expand is that:
Competition in the marketplace has increased
Products have become very technical
People’s attitudes have changed
Costs of production have continued to increase
16
Jace & Geo were mad because a resturant kicked them out. They return after closing and set fire to the building. This is
Embezzlement
Vandalism
Shoplifting
Arson
17
When the government buys wheat to keep the price high enough for farmers to make a profit, it is:
Using price supports
Encouraging the production of wheat
Encouraging energy conservation
Industrializing the economy
18
The process of transforming text into unintelligible characters that can be transmitted online then can be interpreted
Encryption
Internal threats
A Firewall
Data security
19
One positive effect that government regulation has on companies is that laws are intended to provide companies with:
Choices
Obstacles
Restrictions
Protections
20
Preventing security problems is important to businesses, the financial losses from these problems may force business to:
Reorganize
Expand
Close
Move
21
Which person will analyze, interpet, and process transactions, and be aware of the impact to assets on behalf of another
Investment banker
Securities operations specialist
Trust operations specialist
Financial planner
22
Chandra is in data security. To ensure data security is effective, she should hire a third party to conduct a yearly:
Backup
Encryption standard
Audit
Employee background check
23
Sam works at Elite Electronics. One day, he puts an Apple watch in his pocket and takes it home. This crime is known as:
Embezzlement
Burglary
Robbery
Shoplifting