276 Course Practice Test Questions and
Complete Solutions Graded A+
What question does a business mission statement answer? - Answer: What is our reason for being in
business and what is the purpose of the product in relationship to the consumer?
How can a company or individual receive meaningful political support? - Answer: By receiving support
from decision makers and stakeholders
Which of the following human resource management responsibilities ensures the right number of
people with the right types of skills are at hand to achieve the organization's goals? - Answer: Staffing
What was one of the first moves to deregulate the banking industry? - Answer: Amendments to the
Bank Holding Company Act
Which of these items appears in the assets section of the balance sheet? - Answer: Prepaid insurance
How can a corporation raise equity capital? - Answer: Issue stock
What is an effective way to communicate varying values and percentages in relation to each other that
are not related in time? - Answer: A pie chart
Which of the following tasks is not a common functions of a digital audio editor? - Answer: Record audio
from different sources
When a person celebrating the Fourth of July shoots up fireworks that blow into a neighbors property
and sets his roof on fire, which of these has occurred? - Answer: A tort
Why is the informational role essential to a functioning business? - Answer: So information is exchanged
between people at different levels of the company
, Which of the following best describes a personal development plan? - Answer: A tool used to help
employees identify and track professional and personal career goals
Employee appraisals are for _____. - Answer: All employees
What is the primary advantage of using a distributed database? - Answer: Data access and processing
are much faster
A promissory note is an example of which type of financing? - Answer: Debt financing
What are the major factors that affect cross-cultural communication? - Answer: Language differences,
high context vs. low context
Which of the following is the hardware that surrounds the system unit? - Answer: Peripheral
Which encryption system generates a public key automatically on demand? - Answer: Identity-based
encryption (IBE)
Which of the following is a requirement of the Sarbanes-Oxley Act? - Answer: Senior management must
file a code of ethics with the SEC
Which of the following is true of top-level managers? - Answer: Top-level managers use conceptual skills
the most, but they also use human relations and technical skills.
Which one of the activities is a bookkeeping activity? - Answer: Sorting source documents
When a company replaces uniform pay increases with merit pay plans and incentives for groups and
individuals, what can it expect? - Answer: Increased motivation and greater productivity
Melinda was watching a juggler at a street show. As the juggler juggled more and more balls, the crowd
cheered. Finally, as his last act, the juggler juggled balls and a chainsaw. The chainsaw slipped through
his hands and scraped the side of Melinda's head causing much of her hair to be cut off. How will a court
Complete Solutions Graded A+
What question does a business mission statement answer? - Answer: What is our reason for being in
business and what is the purpose of the product in relationship to the consumer?
How can a company or individual receive meaningful political support? - Answer: By receiving support
from decision makers and stakeholders
Which of the following human resource management responsibilities ensures the right number of
people with the right types of skills are at hand to achieve the organization's goals? - Answer: Staffing
What was one of the first moves to deregulate the banking industry? - Answer: Amendments to the
Bank Holding Company Act
Which of these items appears in the assets section of the balance sheet? - Answer: Prepaid insurance
How can a corporation raise equity capital? - Answer: Issue stock
What is an effective way to communicate varying values and percentages in relation to each other that
are not related in time? - Answer: A pie chart
Which of the following tasks is not a common functions of a digital audio editor? - Answer: Record audio
from different sources
When a person celebrating the Fourth of July shoots up fireworks that blow into a neighbors property
and sets his roof on fire, which of these has occurred? - Answer: A tort
Why is the informational role essential to a functioning business? - Answer: So information is exchanged
between people at different levels of the company
, Which of the following best describes a personal development plan? - Answer: A tool used to help
employees identify and track professional and personal career goals
Employee appraisals are for _____. - Answer: All employees
What is the primary advantage of using a distributed database? - Answer: Data access and processing
are much faster
A promissory note is an example of which type of financing? - Answer: Debt financing
What are the major factors that affect cross-cultural communication? - Answer: Language differences,
high context vs. low context
Which of the following is the hardware that surrounds the system unit? - Answer: Peripheral
Which encryption system generates a public key automatically on demand? - Answer: Identity-based
encryption (IBE)
Which of the following is a requirement of the Sarbanes-Oxley Act? - Answer: Senior management must
file a code of ethics with the SEC
Which of the following is true of top-level managers? - Answer: Top-level managers use conceptual skills
the most, but they also use human relations and technical skills.
Which one of the activities is a bookkeeping activity? - Answer: Sorting source documents
When a company replaces uniform pay increases with merit pay plans and incentives for groups and
individuals, what can it expect? - Answer: Increased motivation and greater productivity
Melinda was watching a juggler at a street show. As the juggler juggled more and more balls, the crowd
cheered. Finally, as his last act, the juggler juggled balls and a chainsaw. The chainsaw slipped through
his hands and scraped the side of Melinda's head causing much of her hair to be cut off. How will a court
