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DECA Finance Exam 4
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DECA Finance Exam 4
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25 Questions

1. A financial-information management system can help a financial manager to make which of the following types of decisions:
2. Which of the following is an example of point-of-sale fraud:
3. After the popularity of a product dropped, the business needed a new product to promote that would help to improve its image. Which marketing function would come up with the new product?
4. To save money, an automobile manufacturer imports substandard parts for its car engines. Many of the cars that contain engines with the imported parts have caught on fire. Now, the manufacturer is facing a class-action lawsuit. This is an example of risk associated with
5. Which of the following statements regarding business budgeting software is true:
6. Frankfort and Sons, an American firm, is preparing to issue bonds overseas. Even though the bonds will be sold outside the U.S., they will be denominated in American dollars. These bonds are called
7. The federal courts are part of the
8. Keeping reliable financial records helps businesses to
9. Which of the following is often a factor that a business considers when evaluating a vendor's performance:
10. A primary use of flow charts in business documents or presentations is to
11. What effect do demands on your time have on the supply of time available to you?
12. When posting a new page to an existing web site, the new page should be linked to the
13. What do employees sometimes need to help them put their knowledge into action on the job?
14. What trait is being demonstrated when employees treat customers with respect and without prejudice?
15. When the value of the dollar decreases in foreign exchange markets, the inflation rate tends to
16. Which of the following are characteristics of effective business information:
17. What is an important quality that all r
18. Customer relationship management increases sales and profits by increasing
19. Kenneth is comparing his business's actual sales revenue against his budgeted sales revenue. He hopes to figure out why his actual sales last month were lower than what he had budgeted. Kenneth is conducting a __________ analysis.
20. A barrier to businesses' pursuing governance, risk management, and compliance in the finance industry is
21. Responsible employees follow a code of ethics, which means that they have
22. Business A's failure to keep an agreement to supply Business B with a certain good or service is an example of a situation that is covered by __________ law.
23. Which of the following is an example of the impact of technology on the financial-services industry:
24. To determine the types of information that the business needs to operate, it is often beneficial to
25. When you state a fact, it's important to