Virtual Business Final Review

A presentation of information through a layout or summary of a writing project is known as which of the following?

• Outline

• Diagram

• Chart

• Sequence

The process of reviewing income and expenses to compare what the bank has recorded with what you have recorded is known as which of the following?

• Consolidation

• Budgeting

• Reconciliation

• Investing

The concept that human desires are unlimited while resources for achieving those desires are limited is known as which of the following?

• Equality

• Adversity

• Scarcity

• Opportunity

The process of planning how time will be used to complete tasks is known as which of the following?

• Prioritizing

• Scheduling

• Delegating

• Consolidating

Which of the following is an example of delegation?

• An employee deciding which tasks are most important

• A mother assigning chores to her children

• A manager setting deadlines and meeting times

• A student planning how money will be spent

Knowledge and recognition of your own personality, character, and perception is known as which of the following?

• Recuperation

• Mental discipline

• Visualization

• Self-awareness

Which of the following accurately describes a franchise?

• A business which is developed by a group of people through social media

• An agreement to operate a business in the name of an established company

• A company which sells no products, but a large variety of services

• A nonprofit organization created to improve relations among business owners

Fixed monthly debt payments that include interest are known as which of the following?

• Minimum payments

• Installments

• Rule of thumb payments

• Investments

Which of the following passwords would be the best choice?

• CharlieBrown123

• Buddy123

• 25Rock9N6RoLL

• CharlieBrown

A Web page should be designed with who in mind?

• The company president

• The competition

• The viewer

• The designer