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Unit 4 Review POB

Authored by albert reid

Other

9th - 12th Grade

Used 100+ times

Unit 4 Review POB
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47 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Some businesses use an automatic reorder system to maintain an adequate:

budget for expenses.
work environment.
inventory of supplies.
maintenance system.

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Trey compares the prices offered by different vendors for the same goods and services. Which part of the purchasing process is Trey involved in?

price fixing
bid analysis
invoice payment
receipt of goods

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Which question should be answered by the purchasing function?

How can we inform customers of available merchandise?
How much merchandise should we buy?
How will merchandise be shipped to us?
How can we protect merchandise from pilferage?

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Maintaining an inventory of supplies helps a business to:

establish sales goals.
operate efficiently.
locate vendors.
evaluate processes.

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Mark, who owns a small home-appliance store, is in the process of placing an order for 12 refrigerators, 8 stoves, and 4 portable dishwashers. Mark is purchasing the refrigerators for $674.98 each, the stoves for $493.22 each, and the portable dishwashers for $284.83 each. What is the total cost of the stoves that Mark is purchasing?

$493.22
$3,945.76
$2,278.64
$5,399.84

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The primary reason that governments develop workplace health and safety regulations is to:

 protect employees from injury and illness. 
 reduce the risk of employment discrimination. 
 ensure that employees have access to insurance. 
 prevent the breach of business information systems. 

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

One way a business can reduce the risk of accidents in the workplace is by providing its employees with:

 safety training. 
 electronic data interchange (EDI). 
 supply manuals. 
 weight-loss programs. 

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