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DECA Test Review #1 Flashcards | StudBud
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DECA Test Review #1
DECA Test Review #1
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Competition Prep
Flashcards
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Questions
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Answers
1
Gathering & communicating financials that businesses can use to plan operations is the focus of
managerial accounting
equity accounting
financial accounting
accrual accounting
2
It is important for companies to practice enterprise risk management (ERM) because
most risks are unexpected.
it increases business costs in the long run.
most risks are predictable and manageable.
it leads to loss of shareholder value.
3
When is the use of email an effective direct-advertising strategy?
The message appeals only to people who have computers.
The message is too short for surface mailing.
It appeals to a small audience interested in the product.
A business wants to be sure people read the message.
4
Which of the following is a benefit of channels of distribution:
We can more easily obtain products from all over the world.
Producers must spend more money.
We spend more time looking for products we want.
Retailers must spend more money.
5
When creating web pages, a business should be sure to include a __________ the home page.
link to
picture on
summary of
reason for
6
Which problem-solving method works the best with a group?
Seven-step method
Finding the root of the problem
Intuitive method
Brainstorming
7
Which of these is a type of sales promotion that provides customers with immediate rewards:
Loyalty programs
Price-off deals
Mail-in rebates
Product displays
8
One way for a person to verify the reliability of an online article's information is by
gathering internal reports from the company's database.
asking others for their opinions.
evaluating the author's writing style.
comparing information with other articles about the topic.
9
An example of a trade organization is the
Civitan Club.
Retail Merchants Association.
American Management Association.
Lions Club.
10
David & Ella are in business together & each has unlimited liability. This is an example of
a corporation.
a general partnership.
a joint venture.
a franchise.
