Praxis 5101

Praxis 5101

7th Grade

99 Qs

quiz-placeholder

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Praxis 5101

Praxis 5101

Assessment

Quiz

Business

7th Grade

Medium

Created by

Jeanne Stiles

Used 19+ times

FREE Resource

99 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an advantage of using Wiki is an electronic collaboration tool?

Updated and edited by a single person

Single source of truth

Little to no midifications after being published

Contains mostly editorialized content

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the primary purpose of an accounting system?

To develop financial statements, inconformity with generally excepted accounting principles

To provide as much useful information to decision-makers as possible

To record changes in the financial position of a company to buy applying the concepts of double entry, accounting

To meet an organizations need for accounting information as efficiently as possible

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company wishes to increase the word of mouth promotion for his new hair Caroline the company has launched party for the line and invite social media, influencers and celebrities to the event. The event is covered on the company’s website and social media channels all Hooten receive product samples as well as product demonstration which of the following types of advertising is the company using.

Buzz marketing

Product seeding

Conversation creation

Incentives

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To accurately calculate the funds, a company has available to pay expenses in the short run. An employee should review the.

Statement of retained earnings

Income statement

Balance sheet

Statement of cash flows

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A firm pays $1000 for furniture on account which of the following journal entries should be made

Cash should be credited; office furniture should be debited

Office expense should be debited; accounts payable should be

Office furniture should be debited; accounts payable should be credited

Accounts payable an office furniture should be debited; cash should be credited

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which three of the following actions should a marketing manager used to mine target customer data for a local bank to expand its financial management business

Studying customers responses to the marking down of account fees

Identifying products that competing Banks provide

Evaluating the profiles of the most profitable customers

Querying for the ethnicity of customers

Analyzing the combination of bank products that customers use

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A debit is on the left side of the T-Accounts and does what?

increases assets

increases liability

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