A Bcc notation in an email is

used to send a copy of a message to someone else without the primary recipient of the e-mail being aware.

a list of topics intended to be covered during a business meeting.

Which of the following statements about the use of email as a means of business communication is correct? As long as the user has anti-virus software in place, the confidentiality of the contents of an email message can be assured., E-mail messages are less formal than other forms of business communication, and as such, there is no need to conform to normal business writing protocols., E-mail messages can be sent simultaneously to numerous recipients., Unlike the registered receipt that the U.S. Postal Service provides, there is no way to determine whether or not the intended recipient of an email actually receives the message you send.

E-mail messages can be sent simultaneously to numerous recipients.

What is the purpose of an Acceptable Use Policy?

Expresses in writing a set of rules created and enforced by a company, and aims to restrict how information assets may be used (logos, social media, software applications, etc.).

Which of the following statements is NOT TRUE as it relates to a company’s use of social media for marketing: - Social media allows a firm to target a certain customer base. - Social media accounts and posts represent a branding strategy that supports the company’s business goals. - Companies cannot obtain your personal information if they use social media for marketing. - Using social media analytics allows a company to connect account activity data with customer engagement.

Companies cannot obtain your personal information if they use social media for marketing.

Select the statement about templates that is true.

A template contains formatting and text that you can customize to create a new file that is similar to, but slightly different from the original.

Which one of the following statements best describes “cybersecurity”? Options: The process of setting up firewalls to provide protection for company data., Safeguards that protect desktop computers., The process of protecting computers, mobile devices, servers, networks and programs from digital attacks or unauthorized access., Technologies to ensure the safety of their customers and employees

The process of protecting computers, mobile devices, servers, networks and programs from digital attacks or unauthorized access.

Budgets can be a useful tool for company managers when

budgeted amounts are compared to actual amounts to find areas of strengths and weaknesses.

The income statement is generally used to

summarize the firm's revenues and expenses and show total profit over a period of time

A break-even analysis is important because it enables a company to determine how many units of a product it would have to sell in order to have sales revenue meet total costs.

enables a company to determine how many units of a product it would have to sell in order to have sales revenue meet total costs

Why do companies prepare annual reports?

to provide information to investors, creditors and employees of the firm

Investment option A offers 4% APR compounded daily; investment option B offers 4% APR compounded monthly. Which statement about these investment choices is true?

The APY for option A will be higher than for option B.

The federal income tax is generally recognized to be a

progressive tax because as people's taxable income grows, the amount paid increases and the percent they pay also increases.

Choose the statement about taxation that is true: Students are exempt from paying federal income tax and are not required to file a federal tax return. Employees can decide whether or not they would like to have Social Security and Medicare payments withheld from their paychecks. The standard deduction amount is the same for all taxpayers. The amount of federal income tax withheld from an employee's pay is based, in part, upon information that the employee provides to the employer.

The amount of federal income tax withheld from an employee's pay is based, in part, upon information that the employee provides to the employer.

Identify the correct statement about the time value of money: The present value of an investment cannot be determined without determining the amount of risk an investor can tolerate. The present value of an investment is the total amount that a series of future payments is worth now. The present value of an investment cannot be determined without calculating the expected rate of inflation during the investment period. None of the above statements about the time value of money are correct.

The present value of an investment is the total amount that a series of future payments is worth now.

Which of the following is a true statement about a personal budget? A personal budget provides an early warning system that, when compared to actual results, can identify when something is wrong., A personal budget is an ineffective way for people to know what they need to save and spend., A personal budget will guarantee that individuals live within their income., A personal budget can only be prepared by someone who has received extensive training in budget preparation.

A personal budget provides an early warning system that, when compared to actual results, can identify when something is wrong.

Which of the following is considered a benefit of investing in a 401(k) plan? Options: Personal investments have no effect on taxable income. Employers may opt to match an employee's retirement investment. Employees can withdraw money at any time without penalty. Money accumulated in a 401(k) is always free from taxation.

Employers may opt to match an employee's retirement investment.

Sales of commercial lamps are four times greater than sales of residential lamps, yet the gross profit from commercial sales is only two times the gross profit of residential sales. To what do you attribute this?

The profit margin of residential lamps is higher.

World Wide Lamps has a $100,000 loan outstanding. Is this statement true, false, or cannot be determined without additional information?

cannot be determined without additional information

What are the consequences of Pardo using cost-based pricing to determine the selling prices of the briefcases?

This pricing strategy does not take into consideration the standard of living of the population at each of the test markets, the consumer's perception of the product, and may result in sacrificed profit opportunities if the briefcases are sold for less than what customers would be willing to pay.

If the proposed tariff were to be enacted, which of the following statements would be true? - In order to maintain the same profit on each briefcase sold, Pardo would have to decrease the selling price of the briefcases. - In order to maintain the same profit on each briefcase sold, Pardo would have to increase the selling price of the briefcases. - The tariff would not influence Pardo's profits on the sales of the briefcases. - The tariff would influence only the profitability of sales made in Hong Kong.

In order to maintain the same profit on each briefcase sold, Pardo would have to increase the selling price of the briefcases.

Which one of the rules below DOES NOT describes a rule of effective management? Publicly reward and recognize hard work, Focus on clarity, accuracy and thoroughness in communication, Do not encourage all opinions and ideas which can lead to tension among employees, Set the goal of working as a team

Do not encourage all opinions and ideas which can lead to tension among employees

Which one of the following is NOT the best way to motivate an employee? - Allow only some employees to work from home - Be a respectful, honest and supportive manager - Offer employee rewards - Share positive feedback

Allow only some employees to work from home

A digital portfolio should start with an introduction that demonstrates one’s writing ability and provides a framework of what is to follow. It should include the following information EXCEPT:

Personal contact information such as phone number, street address, and social security number.

Which one of the following statements is NOT TRUE about Design Thinking: Enables companies to use designers to think through solutions to problems, Focuses on human needs and behaviors to help translate observations into insights, and insights into improved products services and systems, Helps companies identify potential solutions to problems, creates awesome user experiences, encourages innovation, and creates business opportunity, A human-centered, iterative process to problem solving

Enables companies to use designers to think through solutions to problems

Gearhart 6th & 7th Practicum Fall 24 Semester Exam

Flashcard

•

Business

•

12th Grade

•

Practice Problem

•

Hard

Wayground Content

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50 questions

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FLASHCARD QUESTION

Front

Select the form of business (or businesses) in which there is unlimited personal legal liability from lawsuits related to the business.

Back

sole proprietorship and general partnership.

FLASHCARD QUESTION

Front

A business plan is important for a new business for all of the following reasons EXCEPT: it makes you think about all aspects of your business. it can help you communicate your ideas to others. it guarantees that you will get financing for your business. it can serve as a tool for managing your business.

Back

it guarantees that you will get financing for your business.

FLASHCARD QUESTION

Front

Which of the following defines why an organization exists and what it seeks to accomplish? a break-even analysis, a mission statement, a SWOT analysis, an organization chart

Back

a mission statement

FLASHCARD QUESTION

Front

Social responsibility is the duty of business to

Back

contribute to the well-being of society.

FLASHCARD QUESTION

Front

Which of the following statements about a sales invoice is INCORRECT?
It should include the name, address and contact information of the customer.
It should include the name, address, and contact information of the vendor.
Must be signed by the customer in order for it to be a legally enforceable document.
The amount of the invoice will determine whether it needs to be signed by the customer in order for it to be a legally enforceable document.

Back

The amount of the invoice will determine whether it needs to be signed by the customer in order for it to be a legally enforceable document.

FLASHCARD QUESTION

Front

What is the correct statement about SWOT Analysis?

Back

Strengths

FLASHCARD QUESTION

Front

Each of the following situations is an example of business risk, except: a customer slips and falls on your premises; the breakdown or theft of key equipment, insufficient or failed processes; losses due to a declining reputation resulting from incidents that are viewed as dishonest, disrespectful or incompetent; taking out a loan for starting your business.

Back

taking out a loan for starting your business.

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