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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. In the event of an emergency situation that involves evacuating the bank, employees should know the plan for
2. When clients want to establish financial goals, financial advisors can assist them by ensuring that their goals are
3. What is the process of buying goods and raw materials for internal consumption or for conversion into a final product?
4. Financial services businesses benefit when employees handle customer inquiries in an effective manner because
5. A good way for a job applicant to make a favorable impression during a job interview is to
6. A manager who decides how much money can be spent on all activities within a business usually works in
7. How do clients pay a financial advisor who does not trade stocks but offers only ancillary financial services?
8. Which of the following is a true statement about productivity:
9. John says that his job duties include planning what will be done, organizing and directing workers, and solving problems related to worker productivity. His job can best be described as a
10. Which of the following does not affect an investment organization's employee selection process:
11. What is human relations?
12. Imagine an inventory with just four items. The first two items cost $1,000 each, the third item cost $2,000, and the fourth item cost $3,000. If half of the items have been sold, what is the value of the remaining inventory using the FIFO (first-in-first-out) method of inventory management?
13. As prices decrease, consumer demand usually
14. When opening new savings accounts for customers, it is important for bank employees to explain
15. How do spending levels impact the economy in an inflationary period?
16. Leverage refers to the amount of debt used to finance a firm's assets. Using the debt-to-equity ratio, determine how much a company with total liabilities of $5,320,000 and total stockholders' equity of $17,767,000 is leveraged.
17. When assessing risk-return tradeoffs, businesses consider how quickly an investment can be converted into cash, also known as the investment's
18. The primary goal of corporate finance is to
19. The type of training that is especially useful for explaining theory or reasons for a specific financial operation to a few employees or to the entire workforce is known as
20. Bank tellers often obtain financial product information by asking questions of
21. As an important part of maintaining office records for compiling year-end financial statements, businesses should establish a schedule for:
22. When preparing a long, complex report, it is generally a good idea to include a background statement about the purpose of the report in the
23. What suggestion-selling technique gives bank customers additional ideas about what to do with the home-equity loan that they are considering applying for?
24. On what basis might a business deny credit to a potential customer?
25. 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?

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