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FBLA Future Business Leader Test
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FBLA Future Business Leader Test
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25 Questions

1. The ___ brings together resources for a company to get started and operate successfully.
2. Total assets are $19,500.00. Cash is paid for $1,500.00 of supplies. The total assets are now:
3. A member should not object merely for dilatory purposes. If a member is uncertain of the effect of an action proposed for unanimous consent, he can:
4. Your local chapter sells popcorn that costs them $45 per case of 60 cones. Each cone sells for $2.00. What is the percent markup based on cost?
5. Which one of the following is
6. The bylaws may authorize boards and committees to meet by videoconference or teleconference if:
7. A national officer screening committee is composed of:
8. A (n) ____________ involves an assessment of organizational strengths and weaknesses as well as environmental opportunities and threats.
9. What is using the needs of customers as the focus during all phases of a product?
10. When a provision of the bylaws is susceptible to two meanings, one of which conflicts with or renders absurd another bylaw provision, and the other does not:
11. A new competitive event this year is
12. David calculated simple interest on a principal of $2,225 at 18.9 percent at the end of the year. What is his monthly payment?
13. In the communication process, the sender
14. The purpose of the statement of cash flows is to?
15. Sara Beth Marchert purchases a SUV for $56,000. The state sales tax is 8 percent and the luxury tax on this type of vehicle is 4.5 percent on amounts over $40,000. What is the total purchase price of the SUV?
16. It is not necessary to include articles on the name and object in the bylaws:
17. The first step in the posting procedure is writing:
18. The price floor refers to what?
19. Which OSI layer provides error detection and corrections?
20. Which one
21. The award that recognizes chapters that increase or maintain their local chapter membership is called the:
22. In a body having an enrolled membership composed only of persons who maintain their status as members in a prescribed manner, the quorum specified by common parliamentary law is:
23. The act of stealing someone's personal information is:
24. A (n) __________ organizational structure is one in which senior management has shifted the authority for some types of decision making to lower levels in the organization.
25. The proposed amendments to the National FBLA Bylaws are voted on at the National Leadership Conference by whom?

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