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DECA Accounting Applications Exam
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DECA Accounting Applications Exam
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25 Questions

1. A manufacturer paying a substantial fee to a business to get the business to carry the manufacturer's new product is an example of a
2. Calling in sick only if you are truly sick is an example of what type of behavior that builds positive working relationships?
3. One of the basic risks in marketing is the possibility of __________ loss.
4. Which of the following situations is an example of a business engaging in an unethical pricing practice:
5. Coca-Cola, Minute Maid frozen orange juice, Fruitopia, and Powerade sports drink are all examples of the Coca-Cola Company's product
6. A large number of underemployed workers indicates that there is a problem in the economy because underemployment means that
7. The Clayton Act of 1914 was enacted to resolve legal issues related to
8. A customer made a mistake when placing an order. When the order arrived, the customer complained. How should the employee handle the situation?
9. What do sales beyond the break-even point provide to a business?
10. Why is it important for businesses to include specific time frames when setting marketing goals and objectives?
11. When conducting exit interviews, businesses often obtain useful information by asking __________ questions.
12. Which of the following is an action that can negatively affect a customer's experience with a business:
13. Which of the following is an example of a durable good:
14. What type of business is owned by stockholders who share the business's profits?
15. A start-up business is most likely to enter which of the following target markets:
16. A department store has decided to hire undercover security guards in an effort to reduce shoplifting losses. This is an example of __________ business risk.
17. What approach to sales forecasting is described in the following situation: A toy manufacturer is preparing a sales forecast by asking for separate forecasts for specific lines of toys, for specific territories, and for specific sales representatives. This information will then be combined into a forecast for the entire company.
18. What international marketing strategy targets consumers with similar buying behavior, but who are located in several countries or on different continents?
19. A promotional mix usually contains a combination of
20. Which of the following is a possible external threat that a business might identify as a result of conducting a situational analysis during the marketing-planning process:
21. What do businesses need to develop in order to gather all the information to prepare a master budget?
22. A decline in the value of business equipment is called
23. Which one of the following speculative risks would most likely increase a business's income:
24. Which of the following is a reason why most businesses maintain check registers:
25. Calculate the cost of goods sold if a business buys $3,500 worth of office supplies, $236,450 worth of goods to resell, and negotiates a 4.5% discount on the goods to resell.

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