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DECA Financial Analysis Team Decision Making Exam
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DECA Financial Analysis Team Decision Making Exam
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25 Questions

1. The difference between income from sales and the cost of goods sold is called __________ profit.
2. Which of the following is not a component of a company's annual report:
3. What is human relations?
4. Which of the following does not affect an investment organization's employee selection process:
5. A company has more control over its capital structure with convertibles than with warrants due to the
6. ABC Financial Planning Company has 1,000 major clients that each require a monthly sales call. If the average sales representative can make 1,000 calls per year, how many sales representatives does ABC need to ensure service to all of its major clients?
7. To become a certified financial planner, an individual must perform at least three things: acquire the required education, pay the appropriate fee, and
8. A financial planner who demonstrates confidence, empathy, and effective communication skills during a client conference is demonstrating
9. Which of the following is a factor that often enables certain countries to trade successfully with each other:
10. Why is production important to a business?
11. If the sales tax rate is 6.75% and a customer buys $238.50 worth of merchandise, what is the amount of tax that the retailer must record and report?
12. What is the process of buying goods and raw materials for internal consumption or for conversion into a final product?
13. The opening sentences of an effective business letter should
14. Specialization by task is also known as
15. As prices decrease, consumer demand usually
16. One of the purposes of providing orientation for new bank employees is to
17. Which of the following is generally considered a fringe benefit:
18. What is a financial plan intended to help individuals achieve?
19. On what basis might a business deny credit to a potential customer?
20. Financial businesses that do not keep track of the quantities of on-hand office supplies may run out and be forced to
21. What does an accurate profit-and-loss statement often help a business to identify?
22. Joan borrowed $10,000 from a relative to start her own business. This is an example of which type of business ownership?
23. What should you remember to allow some time for when you are preparing your daily 'to do' list?
24. The gain or loss associated with an investment is the
25. Written communications in business should

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