Deca Practice Test Exam Questions and
Answers 100% Solved | Rated A+
1. Which type of business ownership would help a small business by taxing
its owners as individuals?
A. Subchapter "S" corporation
B. Open corporation
C. Franchise
D. General partnership - ✔✔A
Subchapter "S" corporation. A subchapter "S", or "S," corporation is a state-
chartered corporation
developed to help small businesses by saving them money on taxes if they
meet certain conditions. It is
limited to 75 or fewer shareholders, has limited shareholder liability, and
requires little financial reporting.
An open corporation usually sells millions of shares of stock to many
stockholders, pays corporate taxes,
,©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
and must make its financial information available to the general public. A
general partnership is an
agreement in which all partners are liable for a business's losses. A
franchise is a contractual agreement
between a parent company and a franchisee to distribute goods and
services.
3. Which of the following usually is the first step in applying written
directions to achieve tasks:
A. Reading
B. Listening
C. Speaking
D. Questioning - ✔✔A
Subchapter "S" corporation. A subchapter "S", or "S," corporation is a state-
chartered corporation
developed to help small businesses by saving them money on taxes if they
meet certain conditions. It is
limited to 75 or fewer shareholders, has limited shareholder liability, and
requires little financial reporting.
An open corporation usually sells millions of shares of stock to many
stockholders, pays corporate taxes,
, ©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
and must make its financial information available to the general public. A
general partnership is an
agreement in which all partners are liable for a business's losses. A
franchise is a contractual agreement
between a parent company and a franchisee to distribute goods and
services.
One computer tool that a businessperson can use to organize online
information for a research report is
A. index cards.
B. mind-mapping programs.
C. statistical applications.
D. online survey services. - ✔✔A
Reading. The first step in applying written directions to achieve tasks
usually involves reading the
directions. Employees need to understand the written directions before they
can apply them. Therefore,
reading for understanding and meaning is an important step. Employees
should listen if the directions are
given verbally rather than in writing. If employees do not understand the
written directions, they might