What is an example of a topic that would be addressed in an informational message?

date and time of appointment with customer

request for payment on a past-due account

charitable appeal for a corporate donation

invitation to speak at a national conference

It is appropriate for a participant to ask questions during a staff meeting when

another participant is speaking

the agenda is being distributed

she/he does not agree with the speaker

Which of the following is most likely to affect the selling price of roses:

a large number of rose bushes are killed by disease

Plants and small shrubs are also sold at the flower shop

the flower shop also carries silk flowers.

a reorder shipment of roses arrives.

Which of the following is a main cause of prejudice and discrimination:

a lack of knowledge about a group of people

exposing yourself to new situations

openly discussing bias with others

naturally occurring differences of opinion

Susan is a purchasing manager for a manufacturer. On Monday, Susan received a call from the plant manager, who frantically told Susan that the production line ran out of 3/8” washers, which has forced production to stop. Because Jason is the senior buyer in charge of ordering the washers, Susan set up a meeting with Jason to discuss the problem. During the meeting, Susan asked Jason to explain why the washers were out of stock. Jason replied, “Well, I told the office assistant to check the inventory. It's not my fault that we don't have the washers in stock.” What is Jason doing?

blaming another person for his mistake

helping susan resolve the problem

providing Susan with a valid reason for the stock-out

Joe has a two-hour sales meeting with a new customer at 10 a.m. today. Early this morning, a vendor telephoned Joe to schedule a one-hour luncheon meeting to discuss a co-op advertising program. The vendor would like to meet at a restaurant that is 30 minutes from Joe's office at 1:00 p.m. today. Joe must be back at his office by 2:00 p.m. for an important computer training session. Should Joe meet with the vendor today?

No. Joe would have only 30 minutes to meet with the vendor before he needs to return to the office.

Yes. Joe can meet with the vendor after the vendor changes the lunch reservation to 12:45 p.m.

No. It is rude for the vendor to assume that Joe has time to meet today.

Yes. Joe can meet with the vendor after he reschedules his training session.

Typical characteristics of a person with a negative attitude are that s/he is

inflexible and resistant to change

courteous and considerate toward others

An example of assertive verbal behavior would be

initiating conversations with others.

complimenting someone to obtain a favor

maintaining appropriate eye contact.

giving a progress report in a staff meeting.

Ethical behavior increases productivity and morale because it

makes employees want to support the organization's mission.

makes sure people are following the rules.

leads to increased profits and more product sales.

makes sure laws are never broken.

are acceptable if everyone else does them

only affect the person doing them

By understanding the time value of money concept, you know that

sit is better to receive $100 today than $101 a year from now. .

saving money can buy time on debt payment.

it is better to receive $101 a year from now than $100 today

time and money are related by due date.

When should you record bank transactions in your check register?

As soon as each check is written

When bank statements are received

As bank statements are reconciled

Which of the following statements regarding debt and equity markets is correct:

Bonds, which are debt instruments, are typically less risky investments than stocks.

If a company suffers financial difficulties, its stockholders are paid before its bondholders.

Investors who purchase a company's bonds gain partial ownership of the business.

Common stock, an example of a debt instrument, is traded on the equity market

Which of the following has contributed to financial globalization:

a movement from fixed exchange rates to floating exchange rates

An increase in restrictions on foreign investment and international trade

an increase in taxes on international financial transactions

a reduction in foreigners' access to domestic financial markets

Which of the following is a true statement about stock information resources:

It has never been easier to find stock information

There are very few stock information sources

Only wealthy investors have access to stock information

It is very difficult to find stock information

When preparing a statement of changes in an owner's equity document, which of the following are specifically represented on the statement:

property taxes paid by the owner

lost revenue due to discharged debt

Which of the following is an example of a finance professional exhibiting responsible behavior:

During their first meeting, a financial planner asks Colin specific questions about his financial goals.

Katherine wants to make a large commission, so she tries to sell a high-risk financial product to a client.

A financial advisor delays contacting Olivia to advise her that the value of some of her stock is rapidly declining.

During a dinner party, Ryan tells his friend specific details about a client's stock portfolio and financial status.

A managerial accountant can help a company market its products by

examining the relevant costs of advertising options

determining whether to make or buy a component

developing a target market analysis

creating a budget for hiring increases.

DECA Finance Practice Test #1184

9th - 12th Grade

•

99 Qs

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DECA Finance Practice Test #1184

Quiz

•

Business

•

9th - 12th Grade

•

Practice Problem

•

Medium

Kayla Guillory

Used 432+ times

FREE Resource

About this resource

This comprehensive practice test covers advanced business finance concepts designed for high school students preparing for DECA competitions. The questions assess understanding of corporate finance fundamentals including forms of business ownership, regulatory compliance, internal controls, and financial markets. Students need solid knowledge of accounting principles, financial analysis techniques, investment concepts like time value of money and opportunity cost, and risk management strategies. The test also evaluates comprehension of business ethics, corporate governance, project management, and professional communication skills. Students must demonstrate analytical thinking to evaluate scenarios involving financial decision-making, understand the relationship between economic indicators and market performance, and apply mathematical concepts to calculate compound interest and analyze variance. The breadth of topics requires integrated knowledge spanning economics, accounting, management, and business law at an advanced level appropriate for students with substantial prior business education. Created by Kayla Guillory, a Business teacher in US who teaches grade 9-12. This quiz serves as excellent preparation for DECA finance events and can be effectively used for comprehensive review sessions, formative assessment of student readiness for competition, or as a capstone evaluation tool. Teachers can assign sections as homework to reinforce specific concepts like financial markets or risk management, use individual questions as warm-up activities to begin class discussions, or implement the full assessment to gauge student mastery before district or state competitions. The varied question formats and real-world scenarios make this particularly valuable for developing critical thinking skills essential in business finance careers. This assessment aligns with Common Core Mathematics Standards for high school including A-SSE (Seeing Structure in Expressions) and F-LE (Linear, Quadratic, and Exponential Models), while supporting Career and Technical Education standards in Business Management and Administration career cluster, specifically the Business Financial Management pathway.

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DECA Finance Practice Test #1184

99 questions

Businesses must comply with regulations that limit the amount and type of pollution and waste they produce. These regulations are referred to as __________ laws.

What form of business ownership is best to use when the business owners have difficulty acquiring enough money to pay for the startup costs and initial operating expenses?

An important purpose of full-disclosure laws and regulations is to

Which of the following is a tax-deductible gift:

Which of the following is an example of a preventive internal control:

What type of technology do businesses use to inspect financial transactions and ensure that they are in compliance with government regulations?

A researcher should consider an author's expertise in a particular topic when assessing the validity of written articles and publications to

What method of note-taking involves using headings and subheadings to record the relationships and
content in a well-organized, multi-level structure?

In a formal business letter, the salutation is written

What is an example of a topic that would be addressed in an informational message?

Create a free account and access millions of resources

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Business

DECA Finance Practice Test #1184

99 questions

Businesses must comply with regulations that limit the amount and type of pollution and waste they produce. These regulations are referred to as __________ laws.

What form of business ownership is best to use when the business owners have difficulty acquiring enough money to pay for the startup costs and initial operating expenses?

An important purpose of full-disclosure laws and regulations is to

Which of the following is a tax-deductible gift:

Which of the following is an example of a preventive internal control:

What type of technology do businesses use to inspect financial transactions and ensure that they are in compliance with government regulations?

A researcher should consider an author's expertise in a particular topic when assessing the validity of written articles and publications to

What method of note-taking involves using headings and subheadings to record the relationships andcontent in a well-organized, multi-level structure?

In a formal business letter, the salutation is written

What is an example of a topic that would be addressed in an informational message?

Create a free account and access millions of resources

Similar Resources on Wayground

Popular Resources on Wayground

Discover more resources for Business

What method of note-taking involves using headings and subheadings to record the relationships and
content in a well-organized, multi-level structure?