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FBLA Introduction To Business Test 3
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FBLA Introduction To Business Test 3
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25 Questions

1. Police and fire protection are usually provided by ___ in the United States.
2. What does property tax revenue not pay?
3. ___ is not a type of permanent life insurance.
4. ___ is not an ethical violation by employees.
5. Which one of the following represents a strategy of how the U.S. government gets involved in business activities?
6. Communism is an economic system in which:
7. What is the term for payment made to employees based on their total number of hours worked?
8. Since Linda writes many checks each month, the ___ checking account is probably the best choice for her.
9. After the interview, you should send a ____________to the person who interviewed you.
10. A compilation of samples of your work is called a:
11. What is the Egoism principle?
12. A __________represents a promise by a bank to pay a foreign company a given amount if certain conditions are met.
13. The banking panic of 1907 and the resulting cash shortage led to the formation of the:
14. _is not a utility company.
15. The Occupational Outlook Handbook is a good source of:
16. ______________insurance replaces part of your income if you become unable to work for an extended period of time.
17. Which one of the following is the easiest way to become a business owner?
18. Which one of the following is classified as a disadvantage of a sole proprietorship?
19. Patrick lives in a capitalist country. He owns his own home and car, as well as his own business and building. Patrick is able to maintain ownership of these items under the right to:
20. Which one of the following would be used by a manager who wanted to fill a position using an internal source?
21. When a company has a code of ethics:
22. When an item is not received or returned and the item is billed to the customer's credit card, the customer has ___ to dispute it.
23. Government in the market economy is not concerned with:
24. In an effort to increase customer loyalty, management at Palms International has worked to create a personal dialogue with their customers. This dialogue will enable Palms to offer products that exactly meet their customers' needs and provide personalized service before and after the sale. Palms International's new strategy illustrates:
25. The Gross Domestic Product (GDP) is the total dollar value of all final goods and services produced in a country during one year and include three major categories. Which one of the following is not one of those categories?

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