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BusiFun CPAS Review Part I Flashcards | StudBud
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BusiFun CPAS Review Part I
BusiFun CPAS Review Part I
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1
The unemployment rate, stock market, inflation rate, and adult literacy rate are all
rising all the time
part of the GNP
part of the GDP
economic indicators
2
If you leave the table but are not finished with your meal, place your napkin
in your seat
on the back of your seat
on the table to the left of the plate
on the table to the right of the plate
3
The picture below represents
Demand Curve
Supply Curve
4
This is a small dish of food served before the main part of a meal
hors d’oeuvre
entree
appetizer
course
5
I ordered an item from El Agave
a la carte
. This means
It was listed as a dinner on the menu
I wanted ice cream on top
the item was priced individually on the menu
I wanted the item heated
6
If you slip and fall while at home or at work, what should you do
first
?
call for help
file a police report
move to a couch or chair
go to the hospital
7
Charts, diagrams, pictures, flashing lights, stop signs, sirens, & colors are all examples of
oral communication
clues
nonverbal communication
written communication
8
A tax levied by a government on imports.
tariff
foreign tax
quota
excise
9
A covered structure over the entrance to a building (such as a hotel or theater)
sign
temple
marquee
spacer
10
Which of the following is true about lifting a heavy object off the floor?
Always ALWAYS bend from the knees; keep your back straight
Bend over as if you are going to touch your toes
it is ok to twist while carrying a heavy object
lift the object as high as you can
11
Business activities that occur between two or more countries is known as
international trade
domestic trade
tariff
overseas traffic
12
A list of a company's employees and the amount of money they are to be paid.
check register
payroll
check stub
roll call
13
Erica is interviewing a potential employee next week. This will be an example of
informal communication
nonverbal communication
written communication
oral communication
14
Reports an employee's annual wages and the amount of taxes withheld from his or her paycheck.
W-4
W-2
1040 EZ
401 K
15
Which of the following is NOT one of the three major channels of communication?
nonverbal
written
wireless
oral
16
Which of the following investment types has the lowest risk?
bond
certificate of deposit
money market account
savings account
17
The picture below represents
Demand Curve
Supply Curve
18
The rules indicating the proper and polite way to behave
Charm
Etiquette
Ethics
Character
19
The exchange of goods created in one country within the boundaries of that country.
tariff
international trade
overseas traffic
domestic trade
20
I sell insurance. I only get paid if I sell a policy. This is known as
salary
wage
commission
bonus
21
Which of the following groups
would be
included in the unemployment rate?
My cousin who has both mental and physical disabilities
the students in this classroom
My dad who recently lost his job but is looking for work
my elderly grandmother living in a nursing home
22
I want my desert to have ice cream on top. I could say I want desert ___________________.
a la vete
a la carte
de cream
a la mode
23
The law of supply states as price goes up quantity supplied goes _________.
price has no effect on quantity supplied
down
up
24
Technical terms that are often only understood by people working in a certain field.
jargon
chatter
power words
tweets
25
A system that allows businesses to operate with very little interference from the government is
Socialism
Democracy
Capitalism
Laissez Faire
26
The law of demand states as price goes down quantity demanded goes _________.
price has no effect on quantity supplied
up
down
27
The means by which a message is conveyed
storyline
telephone
setting
channel of communication
28
The point on the graph where the supply and demand curves intersect is known as
stability
equality
balance
equilibrium
29
A market in which share prices are rising, encouraging buying.
bull market
bond market
bear market
stock market
30
Economic concept describing the total amount of a good or service available to consumers.
demand
law of demand
supply
law of supply
31
The main part of a meal, especially at a restaurant is called the
course
appetizer
entree
hors d’oeuvre
32
A market in which prices are falling, encouraging selling.
bear market
bond market
stock market
bull market
33
What is the picture below
product life cycle
growth chart
economic indicator
business cycle
34
Economic principle describing a consumer's willingness to pay a price for a good or service.
supply
law of supply
demand
law of demand
35
On a pay stub, the total amount you made before taxes is known as
payroll
net income
net pay
gross pay
36
The conversation took place in a small home-town restaurant in Savannah.
This is an example of
setting
the communication process
character
plot
37
Domestic trade can be divided into two categories. They are
business and retail
markup and discount
wholesale and business
wholesale and retail
38
A food served in
small
portions before the main part of a meal is the
hors d’oeuvre
appetizer
entree
course
39
If you see a hazard at work, you should contact
CSC
CPC
OSHA
FDA
40
Memos, emails, formal reports, and letters are the most common examples of
nonverbal communication
spam
oral communication
written communication
41
In a restaurant, which of the following is a common word for 'tip'?
reward
bonus
gift
gratuity