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UGBA 333
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UGBA 104 PRACTICE REVIEW QUESTIONS 2024. 
 
Example of a Quantitative Variable - correct answer Age, Income 
 
Example of a Categorical Variable - correct answer Religion, Zip Code, Rent vs Own 
 
Example of a Binary Categorical Variable - correct answer Rent vs Own, Paid vs Not 
 
What is the difference between Sorting and Filtering? - correct answer Sort puts things in different orders whereas Filtering only shows the results you filtered for 
 
What are some of the uses of Conditional Formatt...
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UGBA 105 Ch 12 FINAL EXAM STUDY QUESTIONS 2024. 
leadership - correct answer The ability to influence a group toward the achievement of a vision or set of goals 
 
trait theories of leadership - correct answer consider personal qualities and characteristics 
that differentiate leaders from nonleaders 
 
2 traits that predict leadership - correct answer openness and conscientousness 
 
The most comprehensive behavioral theories of leadership resulted from these studies - correct answer Ohio State...
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UGBA 105 END OF TERM QUESTIONS AND ANSWERS 2024. 
group - correct answer two or more individuals, 
 
interacting and interdependent, 
 
 who come together to achieve particular objectives 
 
Type of groups: name and define - correct answer Formal group - defined by org structure (designated assignments and tasks) 
 
Informal group - meet the need of social contact neither formally structured nor organizationally determined 
 
Social Identity Theory - correct answer Social Identity Theory- 
 
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UGBA 105 Midterm Homework 2024. 
 
What is reciprocation - correct answer we comply more after we've received something; we repay the giver 
 
Why does reciprocation work? - correct answer A seemingly universal norm of turn taking and exchange; often rewarded 
 
Examples of reciprocation - correct answer Preprinted address labels; "free" estimates; favor exchange 
 
Factors of reciprocation - correct answer Can be resources, services, or even concessions 
 
Defense of reciprocation - correct ...
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UGBA 105 Midterm Final Review Test 2024. 
Symbols of Authority - correct answer Titles, Clothes, Trappings 
i.e. Doctor, uniform, nice office/prestigious cars 
 
Two Types of Status - correct answer Ascribed and Achieved 
 
Ascribed Status: - correct answer we are born with it or involuntarily achieve it 
-> based on gender, race, ethnicity, citizenship 
 
Achieved Status: - correct answer determined by one's performance, effort, choice 
-> engineer, college graduate. We can also alter so...
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UGBA 105 Midterm Questions & Answers 2024. 
 
Components of Emotional Intelligence - correct answer 1. Self Awareness 
2. Self Regulation 
3. Motivation 
4. Empathy 
5. Social Skill 
 
Bounded Awareness - correct answer failure to see what we're not looking for 
 
Anchoring - correct answer Overweighting starting points insufficient adjustment 
 
Confirmation Bias - correct answer Seeing and seeking what we expect to see 
 
Combatting Confirmation Bias (6) - correct answer 1. Ask what info yo...
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UGBA 105 FINAL EXAM GUIDE TEST 2024. 
What is a theory and how do theories and models work? - correct answer A theory is a model, map, or framework that tries to explain how the world works 
Models simplify reality to what the observer is most interested in so that you can make observations and notice patterns 
 
Learning - correct answer relatively permanent change in knowledge of behavior that results from practice or experience 
 
Operant conditioning: - correct answer learning that takes...
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UGBA 135 - Assignment 1 Review Questions 2024. 
According to the census bureau what % most closely represents the number of children born out of wedlock - correct answer 40% 
 
in terms of annual income to be in the top 1% of households annual earnings should exceed - correct answer $400,000 
 
of all the money the gov't spends approximately what % is spent on senior citizens - correct answer 40% 
 
according to the IRS what % of households has a net worth of at least $1mil - correct answer 4.9...
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UGBA 135 - Personal Finance. Exam Questions 2024. 
What is the definition of a millionaire? - correct answer Those who are financially independent, living the life they want to lead, and are able to take care of themselves without financial help from government sources for their entire adult lives. 
 
What should you do if you are a victim of credit card theft? - correct answer Credit card theft is when your credit card is missing or stolen. Contact the credit card issuer or bank immediately. Cl...
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UGBA 135 Final From Class 7 On Class Assignment 2024.Jenny Olson argues that savers are more desirable romantic partners because they are perceived: - correct answer To have more self-control. 
 
Savers tend to be preferred for shorter-term relationships. - correct answer False 
 
In general, buying durable items such expensive cars and nice clothes makes people happier than spending equivalent amounts on activities. - correct answer False 
 
The authors of the book Happy Money recommend spendin...
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UGBA 135 Final Exam Questions Correctly Answered is the greatest factor that determines your credit score? - correct answer paying bills on time over time 
 
the "cornerstone" of wealth is? - correct answer being frugal, not cheap but value oriented 
 
what is the minimum criteria for a credit score? - correct answer - at least one reported "account" which has been open for at least six months 
- at least one report that has been reported by a lender in the last six months and nothing that ...
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UGBA 135 Midterm 1 Final Exam Prep Q uiz 2024.ALL Bankruptcy are handled in federal court - correct answer TRUE 
 
Should you always try to contribute enough to your 401K to get the employer match? - correct answer Yes 
 
Are community property laws established by the IRS or states? - correct answer States 
 
What is a notary public? - correct answer A public officer constituted by law to witness the execution of certain classes of documents like mortgage documents, wills, trusts, deeds 
 
What...
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UGBA 10 Spring Final Study Guide Test 2024. 
Those accountants who are hired by firms as salaried employees, and who specialize in areas such as financial planning, internal auditing, and taxation are called - correct answer private accountants. 
 
Which option A to D arranges the degrees of competition in order of the number of competitors, with the highest number of competitors first? - correct answer Perfect competition > Oligopoly > Monopoly. 
 
Which of the following statistics best m...
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UGBA 135 Midterm Video Exam Questions Correctly Answered 2024. 
Which of the following are the two most common chapters (types) for personal bankruptcy? - correct answer Chapter 7 and 13 
 
In bankruptcy, what is a discharge? - correct answer A discharge is a release from personal liability on debt 
 
Which of the following is NOT one of the three largest credit reporting agencies? - correct answer Bank of America 
(three: equifax, transunion, experian) 
 
Any credit score above 620 is generally...
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UGBA 135 Midterm Correctly Answered Questions 2024. 
FICO Score - correct answer measure of consumer credit risk 
 
Highest FICO Score - correct answer 850 
 
Factors determining FICO Score - correct answer Credit report is based on: 
-35% paying your bills on time over time 
-30% your debt-to-credit ratio ( borrowing money/ credit limit) 
-15% length of credit history 
-10% mix of credit cards and loans (like to see things other than credit card; Rent, any loan (e.g. leasing car)) 
-10% new acc...
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UGBA 135 Midterm Review Practice Test 2024. 
Emergency fund - correct answer in a savings account 3-6 months living expenses 
 
Definition of millionaire - correct answer financially independent 
 
Rule of 72 - correct answer The number of years it takes for a certain amount to double in value is equal to 72 divided by its annual rate of interest. 
 
Each time you get paycheck, what is % goal you should put away (savings goal) - correct answer 20% 
 
What does being frugal mean - correct answer ...
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UGBA 135 Midterm Verified Test Questions 2024. 
21st Century Millionare - correct answer - Someone who can financially take care of themselves without help from any government agency, living the life they want to lead 
- After working for 40 years, only 5% of people are financially independent (don't need government assistance) 
- Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means 
- People who succeed have goals...
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UGBA 135 MT FINAL EXAM 2024. 
 
Most important factor determining credit score - correct answer Payment history 
 
Highest credit score you can get? - correct answer 850 
 
Best time to establish good credit? - correct answer When you don't need it 
 
Debt to credit ratio? - correct answer A credit-to-debt ratio is the amount of available credit you have relative to the amount of debt you carry. 
 
Expected credit card theft, whats the first thing you do? - correct answer contact the credit car...
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UGBA 172 REVIEW PRACTICE EXAM QUESTIONS 2024.Stages in Historiography (historical analysis) of anti-trust - correct answer (Lecture? + Kolko, McCraw readings) Not only was there a backlash against the bigness of "Big Business", but BB continue to grow in scale regardless. 
 
1890 - SHERMAN ANTI-TRUST 
ACT 
 
1888 NJ law allowed corp 
mergers 
 
1914 CLAYTON ACT, FEDERAL TRADE COMMISSION ACT 
 
Classic Progressive view: Teddy Roosevelt as Trust-Buster, lead popular interests against business i...
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UGBA 175 Midterm 2 Written Exam 2024. 
 
Types of Statute of Frauds Contracts - correct answer Surety 
Executor-Administrator 
Marriage Consideration 
Land Interest Transfer 
Goods $500+ 
Contracts that cannot be fulfilled within a year 
 
Suretyship - correct answer Undertaking to pay the debt or be liable for the default of another 
 
Executor-Administrator - correct answer Contractual promises of an executor of a decedent's will to answer personally for a duty of the decedent 
 
One-year pro...
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