Finance Cluster Exam Questions

If a stock is trading higher than the previous day's close, what color will it likely be on a stock ticker shown on TV?

• White

• Red

• Green

• Blue

Carter is usually the last person to leave his office. Occasionally, he forgets to set the security alarm when he leaves. This situation results in risks related to

• product liability.

• conflicts of interest.

• fairness.

• security.

Monique’s classmates frequently complain about their teacher. If Monique adopts their same attitudes, even though she doesn’t really agree with them, she is demonstrating

• status quo bias.

• groupthink.

• critical thinking.

• acceptance.

When the unemployment rate is high,

• families have more disposable income.

• employee morale doesn't change.

• the economy's output decreases.

• people have higher purchasing power.

The cash payments section of a cash flow statement is best described as the

• money a business has left at the end of the month.

• money a business has at the beginning of the month.

• sources of cash flowing out of a business.

• sources of money flowing into the business.

Mya convinces a group of people to invest in her teeth-whitening kit, telling them that she is generating high returns on their investments. Mya uses the money from her new investors to pay her initial investors high returns, while pocketing some of the money for herself. This is an example of

• a Ponzi scheme.

• phishing.

• a boiler room.

• insider trading.

Reflecting on what you have learned allows you to

• be true to your core values, beliefs, and attitudes.

• prevent offending or belittling someone else.

• prove to others that you are right and they are wrong.

• avoid asking difficult questions about your beliefs.

In the private enterprise system, individuals have the freedom to choose

• their own economic goals.

• how much they will be paid.

• which laws to obey.

• which taxes they will pay.

If data are considered nonconforming, it most likely means that their values

• are missing.

• are complete.

• remain consistent with other values.

• do not require further analysis.

Which of the following is an example of a business’s legal records:

• Customer phone calls

• Intellectual property

• Raw materials inventory

• Fixed asset depreciation