Business Management: 2025 Final Exam Questions with Correct Answers

Business Management: 2025 Final Exam
Questions with Correct Answers
ReductionZinZpriceZgivenZforZpayingZbyZaZcertainZdate.Z-ZCORRECTZANSWERZ-CashZdiscount



DifferenceZbetweenZsellingZpriceZandZcostZofZgoodsZsold.Z-ZCORRECTZANSWERZ-NetZprofit



CostZtoZproduceZaZproductZorZbuyZitZforZresale.Z-ZCORRECTZANSWERZ-CostZofZgoodsZsold



AdvertisingZthatZviolatesZtheZlawZ-ZCORRECTZANSWERZ-FalseZadvertising



AdvertisingZdesignedZtoZchangeZaZfalseZimpressionZleftZbyZearlierZmisleadingZinformation.Z-
ZCORRECTZANSWERZ-CorrectiveZadvertising




AmountZaddedZtoZtheZcostZofZgoodsZsoldZtoZcalculateZaZsellingZprice.Z-ZCORRECTZANSWERZ-Markup



PriceZreductionZgivenZtoZchannelZpartnersZinZexchangeZforZadditionalZservices.Z-ZCORRECTZANSWERZ-
TradeZdiscount



AmountZbyZwhichZtheZoriginalZsellingZpriceZisZreducedZforZsale.Z-ZCORRECTZANSWERZ-Markdown



ProvidingZallZinformationZthatZallowsZconsumersZtoZmakeZanZinformedZbuyingZdecision.Z-
ZCORRECTZANSWERZ-FullZdisclosure




DifferenceZbetweenZsellingZpriceZandZallZcostsZandZexpenses.Z-ZCORRECTZANSWERZ-ListZprice



AZmeasureZofZaZperson'sZorZbusiness'sZsenseZofZfinancialZresponsibilityZorZbeliefZinZtheZobligationZtoZpayZde
bts.Z-ZCORRECTZANSWERZ-Character



AZmeasureZofZanZindividual'sZorZbusiness'sZabilityZandZwillingnessZtoZrepayZaZloan.Z-ZCORRECTZANSWERZ-
Creditworthiness

, AZmeasureZofZtheZcreditZapplicant'sZcurrentZfinancialZworthZorZabilityZtoZpayZbasedZonZassets.Z-
ZCORRECTZANSWERZ-Capital




AZprivateZcompanyZthatZactsZasZanZintermediaryZbetweenZbusinessesZandZoneZorZmoreZcreditZcardZcompan
iesZtoZestablishZandZmaintainZcreditZservices.Z-ZCORRECTZANSWERZ-MerchantZaccountZprovider



AnZassessmentZofZtheZeconomicZenvironmentZthatZaffectZcreditZdecisions.Z-ZCORRECTZANSWERZ-Conditions



InsuranceZwhichZoffersZpaymentsZtoZemployeesZwhoZareZnoZlongerZableZtoZworkZbecauseZofZaccidentsZorZill
nesses.Z-ZCORRECTZANSWERZ-DisabilityZinsurance



InsuranceZwhichZprovidesZprotectionZagainstZtheZexpensesZofZhealthZcare.Z-ZCORRECTZANSWERZ-
HealthZinsurance



PersonZwhoZreceivesZaZlifeZinsuranceZpaymentZonZtheZdeathZofZanZinsuredZperson.Z-ZCORRECTZANSWERZ-
Beneficiary



PlasticZcardZwithZanZembeddedZmicroprocessorZthatZcanZstoreZandZprocessZaZlargeZamountZofZinformationZ
thatZcanZbeZreadZbyZcomputers.Z-ZCORRECTZANSWERZ-SmartZcard



TheZpossibleZfinancialZlossZthatZtheZpolicyholderZwillZsufferZifZtheZpropertyZisZdamagedZorZdestroyed.Z-
ZCORRECTZANSWERZ-InsurableZinterest




PayZbasedZonZanZhourlyZrate.Z-ZCORRECTZANSWERZ-Wage



PlannedZinstructionZwithZaZspecificZcurriculumZandZinstructor.Z-ZCORRECTZANSWERZ-FormalZtraining



CompensationZplanZthatZpaysZaZpercentageZofZtheZvolumeZofZsalesZforZwhichZanZemployeeZisZresponsible.Z-
ZCORRECTZANSWERZ-CommisionZplan