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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. Supervisors might best increase morale and maintain bank operations by scheduling employee working hours
2. The main purpose of a stable dividend policy is to
3. The primary goal of corporate finance is to
4. A manager who decides how much money can be spent on all activities within a business usually works in
5. Which of the following is a true statement about productivity:
6. When assessing risk-return tradeoffs, businesses consider how quickly an investment can be converted into cash, also known as the investment's
7. What is the process of buying goods and raw materials for internal consumption or for conversion into a final product?
8. On what basis might a business deny credit to a potential customer?
9. How do spending levels impact the economy in an inflationary period?
10. Joan borrowed $10,000 from a relative to start her own business. This is an example of which type of business ownership?
11. Which of the following is a factor that affects a business's selection of policies to guide its operations:
12. Which of the following is an economic activity:
13. A company has more control over its capital structure with convertibles than with warrants due to the
14. Financial businesses that do not keep track of the quantities of on-hand office supplies may run out and be forced to
15. Tax rate schedules are not available for which category of tax payers:
16. A financial planner who demonstrates confidence, empathy, and effective communication skills during a client conference is demonstrating
17. Once clients have made up their minds about an investment product to purchase, the financial planner should reassure them about their decision by
18. What should you do if you phone an important customer and the customer indicates that you have called at a bad time?
19. When a business fails, it is usually due to problems with which of the following:
20. When income is not subject to withholding, taxpayers are required to pay which type of taxes:
21. What type of financial product might an investment company recommend to a business that is establishing a retirement program for its employees?
22. Diversifying investments primarily protects investors against
23. A cable company prepares a customer's invoice that includes the following: $39.95 for one-month basic service, $8.99 for one premium channel, and $4.29 each for viewing five new-release movies. What is the total amount of the invoice?
24. ABC Canning Company purchased a new, automated canning machine for $80,000. It has a useful life of six years, at the end of which it is expected to sell for $8,000. Using the straight-line depreciation method, what is the total accumulated depreciation at the end of year 3?
25. One way for cashiers to detect counterfeit currency is by being familiar with the __________ on each bill.

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