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DECA test prep #2 Flashcards | StudBud
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DECA test prep #2
DECA test prep #2
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Questions related to the #DECA test.
Flashcards
15 cards
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Questions
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1
Functional specialist, data scientist, and business process manager are ______ positions
Office management
General Management
human resources management
business analytics
2
An advantage of newspaper advertising over television and radio promotion is more
sensory appeal.
prestige from being local
effective use of color.
consumer interest in the ads
3
A characteristic of managerial accounting is that it focuses on
capturing the business's day-to-day financial activities.
reporting the business's long-term investment goals.
preparing and submitting the business's tax forms
developing the business's annual report.
4
Letters of inquiry that businesses write to other businesses usually contain only
basic information
complex instructions
confidential data
technical explanations
5
Which of the following is an example of legal tender issued by the federal government
bank notes
Mutual funds
Corporate bonds
Municipal bonds
6
Customer complaints and returns can increase the business's costs by
increasing list prices
increasing interest payments
decreasing functional discounts
decreasing trade discounts
7
Consumers can borrow against future income to make current purchases by making use of
money orders
credit
certificates of deposit
interest
8
Which of the following is a true statement about marketing-research studies:
Marketing-research studies should be conducted once per year
Each marketing-research study is unique.
Lower level employees shouldnt be involved in these studies
Marketing-research studies are difficult to conduct.
9
A business establishe under an authorization to sell/distribute a company's goods in an area
Corporation
Store
Franchise
10
A manager who has a reputation of being smart and experienced has the ability to ____employees.
dominate
analyze
persuade
terminate
11
Which of the following items would a clothing manufacturer classify as raw materials inventory
Buttons, cloth, and thread
Cloth, zippers, and shirts
Thread, zippers, and sewing machines
Zippers, sewing machines, and cloth
12
Premium pricing levels applied to components of a product that consumers have already purchased
Skimming Price
variable cost
Fixed cost
Captive pricing
13
A person, group, organization or member who can be affected by an organization's actions
Employees
gatekeeper
Stakeholder
Target Market
14
Effective financial-information management involves implementing processes that help companies
revise economic indicators
make appropriate business decisions
interpret government regulations.
track their ongoing projects
15
High price aimed at higher income groups for luxury or status goods
Skimming Price
Captive Pricing
Fixed Cost
Variable cost