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WorksheetsADBUS T2 (G240,241) WQ - 7
Total questions: 60
Worksheet time: 36mins
Bank Loan is
Asset
Liability
Owner Equity
ALL
Car's Worth
Asset
Liability
Owner's Equity
All
Which of the following are considered assets?
1. A Car
2. Student Loans
3. Rent Payments
1 only
1 and 2 only
2 and 3 only
1, 2, and 3 only
Which of the following are considered liabilities?
1 - A Mortgage
2 - Kitchen Dishes
3 - A Car Loan
1 only
1 and 2 only
1 and 3 only
1, 2, and 3
Estimated home value of $233,00
Asset
Liability
Expense
Revenue
Which of the following is not an asset?
Car
House Value
House Mortgage
Jewelry
Property owned by an individual
Liability
Asset
Property
Net Worth
Debts and financial obligations (owe).
Liabilities
Assets
Negative Net Worth
Property
Examples of Liabilities include which of the following:
Loans, credit cards, and real property
Loans, mortgage, and credit cards
Loans, Art collection, and savings account
Mortgage, credit card, and real property
Examples of assets include:
Real Property, Car, and credit cards
Car, Jewelry, and Checking account
Art collection, Jewelry, and unpaid taxes
Real Property, Car loan, Jewelry
The following are financial assets except,
Non-trading equity securities
investment in subsidiary
investment in joint venture
investment property
Individuals might or might not be permitted to access certain records and reports due to:
Financial reasons
Security restrictions
Knowledge management
Time management
Reports that require data to be collated from a number of related tables such as client orders, customer contact or inventory reports can be generated from be permitted to access certain records and reports due to
Excel Spreadsheet
MS Word Application
Automatic from the software used
Database Application
Disadvantages of allowing all staff to access electronic records are following except:
Privacy information and data may be misused by unauthorized staff
Record still serves a useful purpose
Data may be deleted or destroyed by unauthorized users
Data collected
Three factors to consider before disposing of records are following Except
When the record may be destroyed
The length of time the record is to be held for semi-active reference
Paper documents are shredded
Whether the record still serves a useful purpose
In alpha numeric filing
Only numbers are used
Only alphabets are used
Both numbers and alphabets are used.
Dates are used.
Organizing and ordering documents and records in a dated sequence is called chronological filing
The most current file is at the bottom
The most current file is at the top.
The most current file is in the middle
It doesn’t matter
There are _________ stages
Only numbers are used
Only alphabets are used
Both numbers and alphabets are used
Dates are used
Systems control involves
Allows immediate response to demands that are placed on the system
Allows changes for future requirements
New procedures for immediate repair, restoration, or replacement of facilities
All of the above
Having a clear ownership of business process leads to
Having a clear business target
Less time, money and effort will be wasted fighting uncertainty
Better resources will be used in achieving company objectives
All of the above
Characteristics of records include
Authenticity
Reliability
Integrity and usability
All of the above
To understand the environmental context, you need to consider:
Expectations
Needs of individuals
Needs of the organizations and communities
All of the above
Which of the following items is not be recorded in a record system
Clients records
Financial records
Personal records
Health and Safety records
Emails should...
...be no longer than 120 words.
..be easy to read in under a minute.
...be long.
...be entertaining.
What is a good way to end an email to a work colleague?
Love
Take care
Miss you already
Always yours
One of the disadvantages of email: ___.
It is convenient
It takes few seconds to reach the recipient
Can be sent and recalled from anywhere
expensive to use as mode of communication
Formal email means avoid using abbreviations and ____________ language
simple vocabulary
slangs
numerical
All of above
What email characteristic for this: Your email must be cordial, but straightforward.
Concise
Intention-focused
Well-organized
Polite and tone-appropriate
This part of your email should have some sort of summary and purpose idea as title for the message
Concise
Intention-focused
subject line
Well-organized
What BCC stands for?
Blind Calorie Counting
Blind Chaotic Content
Blind Carbon Copy
Blind Context Copy
What CC stands for?
Calorie Counting
Chaotic Content
Carbon Copy
Context Copy
Ending an email in a formal
Yours sincerely,
Regards,
See you soon,
bye pal
What is the process of updating a document to make changes, correct errors?
Formatting
Editing
Thesaurus
Word processing
What application software is use to create text documents such as letters, memos, and reports?
Publisher
PowerPoint
Word Processing
Access
The way text appears, for example: bold, underline, all caps, color is called....
Editing
Font
Formatting
Word processing
Risk is
an indicator of a threat
the possibility of loss, damage, or any undesirable event
not the same as uncertainty
All of the above
Type of risk associated with the environment
Human
Economic
Financial
Natural
Type of risk caused by changes in business conditions
Human
Economic
Financial
Natural
Type of risk involving the financial state of a business
Human
Economic
Financial
Natural
Type of risk caused by human mistakes and unpredictability of consumers and employees
Human
Economic
Financial
Natural
Involves transferring the risk to another individual or entity
Risk Avoidance
Risk Reduction
Risk Retention
Risk Transfer
Installing security cameras is an example of which technique.
Risk Avoidance
Risk Reduction
Risk Retention
Risk Transfer
Buying property insurance would be an example of which technique.
Risk Avoidance
Risk Reduction
Risk Retention
Risk Transfer
Decline in sales for a product is what type of risk?
Human
Economic
Financial
Natural
High inflation is associated with type of risk?
Human
Economic
Financial
Natural
what is the loss?
is a condition, property or situation with the potential for loss
Risk assessment of hazards identified through a review of the potential unsafe-acts
includes personal injury, death, physical or mental ill-health, damage to property.
Risk ranking is a process by which risks can be prioritised for action
What is the Hazard ?
is a condition, property or situation with the potential for loss
Risk is a function of the probability of contact with (or exposure to) a hazard
Risk evaluation of identified hazards taking into account the existing controls and defences
Risk assessment of hazards identified through a review of the potential unsafe-acts
The step of using the information to solve any organization problem is a :
Process
Information
Knowledge
Data
The main purpose of a ____________________ knowledge management system is to store and retrieve documents:
Communication management system
Decision support management system
Database management system
Document management system
Which of the following is a concept that affects every organisation?
Occupational health and safety (OHS)
Code of practice
Privacy law
All of the above
It refers to the laws that deal with the storing, and using of personal information of individuals, which can be collected by governments:
Privacy law
Control law
Storage law
Personal law
Which of the following refers to protect the privacy of sensitive information of firms such as market position, and financial health?
Privacy law
Contributing confidentiality
Commercial confidentiality
Public confidentiality
Which of the following is is a set of written rules which explains how people working in a particular profession should behave?
Occupational health and safety (OHS)
Code of practice
Privacy law
All of the above
The information of a marketing campaign, is defined as :
Tacit knowledge
Explicit knowledge
External knowledge
None of the above
One of the following knowledge is difficult to recognize since its’ hidden knowledge:
.Tacit knowledge
Explicit knowledge
External knowledge
All of the above
The correct sequence to represent the knowledge management scenario is:
Sharing, creation , capturing & structure
Capture, creation, structure & sharing
Creation, capturing, structure & sharing
Structure, sharing, creation & capturing
It’s important to keep organization knowledge confidential:
Knowledge can create competitive advantage
Knowledge is a confidential in every organization
Knowledge is a sensitive information
None of the above
Which of the following is the process of creating and using documents within an organization?
Workflow system
Expert system
Document management system
Database Management system
What is intellectual property:
Famous people in the music industry.
Personal creations at home.
Old creations copied by other businesses.
Creations of the mind; like new ideas or inventions used for the purpose of business.
