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FBLA Intro to Business Test
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FBLA Intro to Business Test
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25 Questions

1. The ______ endorsement limits the use of the check to the purpose given in the endorsement.
2. Which of the activities listed below cannot be evaluated during an online interview?
3. Employees will receive a ___ form from the employer by January 31. This form will be used to calculate personal income taxes.
4. To stimulate the economy during a recession, the Fed would
5. Firestone and Ford recalled thousands of tires when several people died in traffic accidents blamed on faulty tires. This is an example of which of the following?
6. Due to an error in the pricing bar code, everyone who bought a pair of running shoes at a nationwide athletic store last month was overcharged by five dollars . The legal action that would be the most appropriate in this case would be:
7. A budget is an example of a
8. ____ are often used when a new store opens or when new products are introduced.
9. Valid, enforceable contracts must include consideration. How is consideration defined?
10. A precise statement of results a business expects to achieve is a:
11. Which of the following are characteristics of good money managers?
12. Which one of the following questions should
13. ____ tests electrical components of products from all over the world for fire and electrical safety.
14. The ____ is a name given to a product or service to distinguish it from other similar and competitive items.
15. A successful budget should:
16. Over the next de the _____ category will decline in employment growth rates in the United States.1
17. Jerome lives in a capitalist country.
18. Which one of the following is an example of the 'opportunity cost' concept?
19. The dollar limit for cases heard in small claims courts ranges from less than ___ in some states to ____ in others.
20. Which one of the following would a business probably not finance by a term loan?
21. The rivalry among businesses to sell their goods and services is known as:
22. A ___ occurs when actual spending is greater than planned spending.
23. Begin your career development journey by completing one or more ________________ to gather information about yourself to assist you in your decision-making process.
24. Following the interview, when should the job applicant send a thank you letter to the interviewing employer?
25. The ___ is a personal check for which a bank has guaranteed payment.

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