BF21 Unit 4 Practice Test

How many credit reporting agencies are there?

• one

• two

• three

• four

Which scenario is an example of point-of-sale fraud?

• vendors taking funds from the register

• employees undercharging their friends

• competitors accessing computer files

• customers replacing price tags

Which job duties belong to a person who works in corporate finance?

• accepting deposits, lending funds, and extending credit

• budgeting, financial planning, and implementing capital structure

• delivering “products” that transfer risk from customers to the company

• dealing with cash management, short-term investments, and mortgages

Which is a public good that is provided by government?

• interstate highways

• marketing research

• new automobiles

• private schools

As the size and power of U.S. businesses have grown over time, the federal government's involvement in the U.S. economy has:

• increased.

• decreased.

• stayed the same.

• become unimportant.

A private securities transaction exists when a representative:

• has a joint account with a family member.

• makes a trade from his personal account.

• is engaged with an outside business.

• is selling away.

The two most important pieces of information to safeguard in order to protect against identity theft are one's:

• date of birth and address.

• Social Security number and address.

• Social Security number and date of birth.

• full legal name and Social Security number.

The government can prevent unqualified persons from operating a business by:

• refusing to grant them a license.

• closing their bank accounts.

• helping their competitors.

• assessing extra taxes.

Which federal agency is responsible for collecting complaints about identity theft and also prevents fraudulent, deceptive, and unfair business practices?

• Federal Bureau of Investigation

• Federal Complaint Commission

• Federal Identity Theft Agency

• Federal Trade Commission

Preventing security problems is important to businesses because the financial losses from these problems may force the businesses to:

• close.

• expand.

• move.

• reorganize.