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Duplicate of DECA Finance Exam Prep Flashcards | StudBud
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Duplicate of DECA Finance Exam Prep
Duplicate of DECA Finance Exam Prep
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Practice DECA Finance Cluster Multiple Choice Exam for Regionals
Flashcards
25 cards
F
Practice quiz
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Host live
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Questions
25
Answers
1
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6.4
4.6
6.1
4.8
2
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$120.75
$110.40
$234.60
$224.25
3
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Available Cash
Expenses
Assets
Accounts Payable
4
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$12,800
$25,500
25,550
$12,750
5
It's a good idea for an investor to watch the numbers on a stock table
When dividends are paid
Every Day
Over a Period of Time
Once a Year
6
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Ask the new clients to take a break to take the call now
Invite the new clients out for dinner and call MW in morning
Ask her assistant to handle Mr. Williams' call
Ask her assistant to inform Mr. Williams that he will return
7
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File a patent request
Obtain a subpoena
Register the logo as copyright material
Trademark the logo
8
Determining which projects a business should invest in is known as
Capital Structure
The Cash Conversion Cycle
Return on Capital
Capital Budgeting
9
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Yearly
Quarterly
Monthly
Semi-annually
10
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Commission
utilities
Purchases
Depreciation
11
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calculate the cash dividends owed to stockholders
take steps to obtain or save cash to cover her expenses.
prepare the business's employees for staffing cuts
analyze the depreciation rates of major business assets.
12
What is the accounting system that businesses use to report financial transactions as occurred?
Accrual
receivable
Payable
Cash
13
X bought 500 shares of stock at $25. He sold 500 shares for $48. What type of tax is he to pay
Luxury Tax
Excise Tax
Stock sales Tax
Capital Gains Tax
14
Stock market returns are a(n) ___________ economic indicator.
leading
coincident
lagging
15
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Expense Reports
Promotional Budgets
Accounts Payable Records
Sales Transactions
16
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regressive
double
progressive
proportional
17
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Letter of Intent
Qualified Loan Cosigner
Reputable Credit Report
Incremental Pay Increase
18
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Profit and Loss Statement
Accounting Information
Income Statement
Journal
19
Which type of investment institution helps firms to raise funds by issuing securities?
Securities Exchange
Investment Company
Investment Bank
pension fund
20
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-375
600
650
-325
21
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Market Value
Consolidation
Equity
Equity
22
What effect does competition have on the marketplace?
Higher prices for goods and services
Improved goods and services
Increased profits for businesses
Decreased services provided to consumers
23
What can a financial services business do to ensure that it is following government regulations
Conduct a compliance audit
Monitor sales performance
Develop a business plan
Improve technical systems
24
The American Red Cross is an example of a(n) ___________ corporation.
private
public
Nonprofit
hybrid
25
The primary reason that firms must take steps to control their levels of business risk is to
contribute to the well being of society
increase their financial liability levels
reduce the chances of financial losses
increase their visibility in the market
