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FSOT Practice Test Questions and Answers

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What is an example of a "Sunshine Law?" - Legislation guaranteeing access to data held by the state. Over 85 countries have laws guaranteeing open records by the government. What is cognitive dissonance? - Occurs when one holds two conflicting ideas simultaneously. Theoretically this provides a motivation to reconcile these two ideas, often by changing opinions and actions. What is the US Committee on Ways and Means responsible for? - Responsible for taxation, tariffs, and revenue. Has always been one of the most important committees due to its wide jurisdiction. Which artist helped develop the American abstract expressionist art style in the 1940s? - Jackson Pollock. From which country does the US import the most goods? - China. China produces 15.4 percent of all US imports, Canada 11.6 percent, Mexico 9.1 percent, and Japan 4.9 percent. Convention of Kanagawa - Commodore Matthew Perry's "Black Ships" arrived in Japan and Perry demanded a trade treaty. As a result, this treaty was concluded with representatives of the Shogun, opening Japan to western trade in 1854. This prompted the end of Japan's isolationist Sakoku period, in which contact and trade with the west was severely limited. When giving an interview to a member of the media, the most important general rule is to: - Attempt to maintain control of the interview. A large computer designed to meet the needs of a large organization is called a - Mainframe What describes the Executive Office of the President? - It consists of offices that advise the president.Marshall McLuhan's "global village" refers to: - Universal access to information through electronic media. Emperor Napoleon III (Louis Napoleon) fell from power - During the Franco Prussian War Some responsibilities of the Federal Reserve Board: - Regulate banks and other financial institutions, Supervise federal deposit insurance programs of banks of the Federal Reserve System, Control the supply of money. The Age Discrimination in Employment Act (ADEA) makes it illegal for an employer to discriminate based on age, and applies to individuals at least the age of: - 40 Which form of business ownership has restricted liability, lower taxation, and fewer government restrictions? - Limited liability corporation In the federal government, the General Accounting Office reports to: - Congress, on government expenditures and other tasks assigned to it. A public opinion survey is done and it is reported that the results are not statistically significant. What does this mean? - It means that the results could be due to chance. What are the three basic economic problems that every economy must solve? - What to produce, how to produce, for whom to produce Many trade economists argue that closing off an economy to international market forces creates critical inefficiencies as local producers become ____________, expending resources on cornering artificially created markets via specially acquired licenses, legitimate legislation, or personal connections. - Rent-seekers. A subordinate employee who is given a poor performance evaluation complains to the manager that the organization's lack of response to her complaint of sexual harassment by a colleague was a major factor in the decline in performance. Under Title VII of the Civil Rights Acts, for what is the manager held accountable? - Creating a hostile or abusive work environment.The ___________ Act gave American workers the right to belong to labor unions and engage in collective bargaining. - The Wagner Act The government of the Union of Myanmar, or Burma, responded to the electoral victory of the democratic opposition in 1990 by - Jailing the opposition leadership Mercantilism was an economic policy that attempted to obtain a favorable balance of trade that would result in the maximum inflows of gold and silver. During what century was this economic theory popular? - 16th Which was passed during what historians and political scientists have labeled the Progressive Era? - The Sherman Anti-Trust Act

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