©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 2:49PM A+
Business Education OAE Exam Questions
And Answers |Latest 2025 | Guaranteed Pass.
Which of the following actions by a manager best illustrates the management function of
controlling?
A. delivering an inspirational speech to new employees during a company meeting
B. assessing whether short-term goals for developing a new product line have been met
C. analyzing data to help determine consumer buying trends for the next quarter
D. assigning employees to a team that will develop marketing strategies for new products -
Answer✔Answer: B
Explanation: This question requires the examinee to analyze management functions, such as
planning, controlling, leading, and organizing. The management function of controlling is often
defined as the process of monitoring performance and taking action to ensure desired results.
Conducting an assessment to determine whether short-term goals for developing a new
product line have been met is a good example of the monitoring performance aspect of this
definition.
The human resources manager of a small software development firm is attempting to predict
hiring needs for the next few years. Which of the following types of data would be most useful
for accomplishing this task?
A. statistical analyses of the number of college graduates over the next few years who will have
degrees in software development
B. current industry-wide figures for turnover rate and productivity for software developers
1
, ©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 2:49PM A+
C. estimates of the number of individuals who have degrees in software development and are
currently unemployed
D. projections of increases in demand for the company's products over the next few years -
Answer✔Answer: D
Explanation: This question requires the examinee to apply knowledge for staffing a business.
Being able to accurately predict future hiring needs is an important part of staffing a business.
For a small software development company, future hiring needs are most likely to be correlated
with production levels. Production increases are likely to be a function of increased demand.
Therefore, one way to predict future hiring needs is to project increases in demand for the
company's product over the next few years.
Which of the following is the best example of an action based on a tort?
A. An accountant is charged with embezzling money from the firm where the accountant works.
B. A supplier sues a company for breach of contract after the company cancels an order of
custom-made parts.
C. A homeowner sues an appliance manufacturer after a faulty toaster causes an electrical fire.
D. A jeweler is charged with fraud after selling glass rings to customers who had paid for
diamond rings. - Answer✔Answer: C
Explanation: This question requires the examinee to apply basic knowledge of legal
terminology. A tort is commonly defined as an intentional or unintentional wrong done by one
entity (e.g., a person, a corporation) to another. Torts are adjudicated in civil courts, where the
aggrieved party (the plaintiff) sues the party accused of the wrong (the defendant) for
damages. Tort law is distinguished from criminal law, which pits the state against the individual
accused of breaking the law. A good example of a tort is a lawsuit by an individual against a
manufacturer whose product has caused the individual to be harmed.
The table below shows the income statement for the Shamrock Bakery for the year ending
December 31.
Net Sales: $375,360
Cost of goods sold: $188,325
2
Business Education OAE Exam Questions
And Answers |Latest 2025 | Guaranteed Pass.
Which of the following actions by a manager best illustrates the management function of
controlling?
A. delivering an inspirational speech to new employees during a company meeting
B. assessing whether short-term goals for developing a new product line have been met
C. analyzing data to help determine consumer buying trends for the next quarter
D. assigning employees to a team that will develop marketing strategies for new products -
Answer✔Answer: B
Explanation: This question requires the examinee to analyze management functions, such as
planning, controlling, leading, and organizing. The management function of controlling is often
defined as the process of monitoring performance and taking action to ensure desired results.
Conducting an assessment to determine whether short-term goals for developing a new
product line have been met is a good example of the monitoring performance aspect of this
definition.
The human resources manager of a small software development firm is attempting to predict
hiring needs for the next few years. Which of the following types of data would be most useful
for accomplishing this task?
A. statistical analyses of the number of college graduates over the next few years who will have
degrees in software development
B. current industry-wide figures for turnover rate and productivity for software developers
1
, ©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 2:49PM A+
C. estimates of the number of individuals who have degrees in software development and are
currently unemployed
D. projections of increases in demand for the company's products over the next few years -
Answer✔Answer: D
Explanation: This question requires the examinee to apply knowledge for staffing a business.
Being able to accurately predict future hiring needs is an important part of staffing a business.
For a small software development company, future hiring needs are most likely to be correlated
with production levels. Production increases are likely to be a function of increased demand.
Therefore, one way to predict future hiring needs is to project increases in demand for the
company's product over the next few years.
Which of the following is the best example of an action based on a tort?
A. An accountant is charged with embezzling money from the firm where the accountant works.
B. A supplier sues a company for breach of contract after the company cancels an order of
custom-made parts.
C. A homeowner sues an appliance manufacturer after a faulty toaster causes an electrical fire.
D. A jeweler is charged with fraud after selling glass rings to customers who had paid for
diamond rings. - Answer✔Answer: C
Explanation: This question requires the examinee to apply basic knowledge of legal
terminology. A tort is commonly defined as an intentional or unintentional wrong done by one
entity (e.g., a person, a corporation) to another. Torts are adjudicated in civil courts, where the
aggrieved party (the plaintiff) sues the party accused of the wrong (the defendant) for
damages. Tort law is distinguished from criminal law, which pits the state against the individual
accused of breaking the law. A good example of a tort is a lawsuit by an individual against a
manufacturer whose product has caused the individual to be harmed.
The table below shows the income statement for the Shamrock Bakery for the year ending
December 31.
Net Sales: $375,360
Cost of goods sold: $188,325
2
