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ADMINISTRATION SECOND PARTIAL TEST

Authored by Adal S.

English

University

Used 6+ times

ADMINISTRATION SECOND PARTIAL TEST
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

INSTRUCTIONS: Read each statement and question, then choose or complete with the right answer.


  1. Recording of financial transactions along with storing, sorting, retrieving, summarizing, and presenting the results in various reports and analyses.

Banking

Accounting

Financial Statements

Money Reports

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of bank focuses on consumers (or general public) as customers. They offer loans and may provide credit cards, and they’re the ones with numerous branch locations in populated areas.

Commercial Bank

Private Bank

Retail Bank

Mutual Bank

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of bank manage the monetary system for a government and it’s responsible for supervising banks and setting monetary policy to control inflation, reduce unemployment, and provide for moderate lending rates.

Private Bank

Commercial Bank

Investment Bank

Central Bank

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

This type of bank is less prevalent than they used to be, but they are still important. This type of bank helped make homeownership mainstream, using savings deposits from customers to fund home loans

Credit Unions

Savings and loans

Mutual Banks

Retail banks

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What kind of bank is suitable for a group of young people who want to borrow money to buy an existing take-away pizza business?

Investment banks

Commercial Banks

Retail Banks

Private Banks

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

COMPLETE THE SENTENCE:


_____________ are part-ownership in a company.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

____________ are IOUs (I owe you).

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